Financials

What it is: Every U.S. nonprofit files an annual “Form 990” with the Internal Revenue Service (IRS). Think of it as our public tax return—it lists our revenue, expenses, programs, and any compensation of key staff and/or board members.
Why it matters: Because it’s filed under penalty of perjury, the 990 is one of the most reliable ways for donors, partners, and the public to see how we use our resources.
Read ours: You can download our three most recent filings here:

What it is: An audit is a thorough, line-by-line review of our financial records, conducted by a licensed CPA firm that has no ties to FoDACC. The audit firm verifies that our statements fairly reflect reality and that we follow generally accepted accounting principles (GAAP).
Why we did one: Michigan law requires an audit in order to register as a charitable organization and accept donations. It protects donors, helps ensure compliance with state laws, and safeguards the broader charitable community.
Key takeaway: Our most recent audit (covering fiscal year 2024) gave FoDACC a clean or “unmodified” opinion—meaning the audit firm found our records accurate and our internal controls sound.
Read the full report: 2024 Independent Audit PDF