SOUTHWEST ECONOMIC SOLUTIONS INC

DETROIT, MI, 48210 (313) 841-9641 Est. 2013 EIN 46-2252476
P51 - Financial Counseling 990 - Public charity return 501(c)(3)
www.miside.org

Mission

SOUTHWEST ECONOMIC SOLUTIONS D/B/A MISIDE WEALTH (MIWEALTH) MISSION IS TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER ECONOMIC SUCCESS.

Giving Portfolio

Total Grants
12
Total Giving
$3.5M
Recipients
8
Years Active
2017 - 2021
Avg grant: $319,139 Median: $286,606

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20211$20K $20K10
20201$705K $705K01
20192$1.1M $540K01
20186$1.5M $249K12
20172$163K $82K20

Sectors Funded

Community Improvement
6
Human Services
3
Mental Health & Crisis Intervention
2

Top States

Michigan
12

Grantee Size Profile

$10M - $50M
6
$1M - $5M
6

Top Grantees

MI - 3 grants
$636K

Grants Awarded · 12 grants

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Financials

Total Revenue
$4,527,382
Total Expenses
$4,472,462
Net Assets
$1,239,429
46 employees 7 volunteers
From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve
3.3 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 33.7%
Expenses ↑ 20.0%
Revenue Sources
Contributions 99.3% Earned revenue 0.6% Investment 0.2%
Expense Breakdown
Program 97.7% Management 2.3%

Officers & Trustees (11)

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Filing History (10 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$4,527,382 ↑$4,472,462$1,239,429
2023 990 - Public charity return
Oct 1, 2023 to Sep 30, 2024
$3,386,689 ↑$3,726,646$1,173,379
2022 990 - Public charity return
Oct 1, 2022 to Sep 30, 2023
$2,916,697 ↓$3,179,339$1,513,336
2021 990 - Public charity return
Oct 1, 2021 to Sep 30, 2022
$3,255,940 ↓$2,830,064$1,775,978
2020 990 - Public charity return
Oct 1, 2020 to Sep 30, 2021
$3,561,883 ↓$3,429,484$1,350,102
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$4,213,610 ↑$4,703,249$-186,953
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$4,213,608 ↓$4,703,247$-186,953
2018 990 - Public charity return
Oct 1, 2018 to Sep 30, 2019
$4,803,129 ↑$5,004,319$302,686
2018 990 - Public charity return
Oct 1, 2018 to Sep 30, 2019
$4,360,102 ↓$4,404,776$459,207
2017 990 - Public charity return
Oct 1, 2017 to Sep 30, 2018
$5,357,693 $4,503,162$1,214,663

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EIN: 46-2252476 · Source: IRS Form 990 e-file data