Overview

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Est.

2006

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

LifeBUILDERS is a nonprofit organization based in northeast Detroit, focusing on transitional living and supportive housing. With an operating budget of $2.5 million and total revenue of $2.4 million for the 2024 filing year, the organization is dedicated to restoring dignity and providing hope to the residents of Regent Park by empowering youth with life skills, offering affordable housing, and fostering a community of shared values. LifeBUILDERS does not rely on a single funder for 50% or more of its revenue. For more information, visit lifebuildersdetroit.com.

Mission Statement

LifeBUILDERS exists to restore dignity and provide hope to the residents of Regent Park, a northeast Detroit neighborhood. We accomplish this in three ways: by empowering youth with life skills, by providing affordable housing and building a community of shared values.
Revenues
$2.4M
Expenses
$2.5M
Net Income:
-$55.5K
Assets
$6.3M
Liabilities
$2.7M
Net Assets:
+$3.6M
Operating Budget
$2.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$23.9K
Largest grant received
$175K
L
Larry Johnson
Board Member
J
Jimmie Smith III
Board Member
C
Cristine Stricker
Board Member

Frequently Asked Questions

What is LifeBUILDERS’s budget?
In 2024, LifeBUILDERS reported an annual operating budget of around $2.5 million. More detailed financial information is available to registered users.
What causes does LifeBUILDERS support?
LifeBUILDERS supports work in Supportive housing and Transitional living.
Where does LifeBUILDERS operate?
LifeBUILDERS is headquartered in Detroit, MI.
Who funded LifeBUILDERS recently?
In 2024, LifeBUILDERS received grants from ENTERPRISE COMMUNITY PARTNERS INC, DONOR ADVISED CHARITABLE GIVING INC, and Maranatha Bible and Missionary Conf. More information on this organization’s funders is available to registered users.
What is the largest grant LifeBUILDERS received in 2024?
The largest grant to LifeBUILDERS in 2024 exceeds $175 thousand.