M-2 RAIL
Closed

DETROIT, MI, US
501(c)3
EIN
30-0783442
DETROIT, MI, US
501(c)3
EIN
30-0783442

Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2013

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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M-2 RAIL is a Michigan-based nonprofit organization dedicated to supporting and advancing the mission of M-1 RAIL, focusing on public transportation initiatives. With an operating budget of $5.3 million and total revenue of -$56.4 million for the 2024 filing year, the organization is significantly funded by several anonymous sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at QLINEDETROIT.COM.

Mission Statement

TO SUPPORT AND CARRY OUT THE EXEMPT PURPOSES OF M-1 RAIL, A MICHIGAN NONPROFIT CORPORATION
Revenues

-$56.4M

Expenses

$5.3M

Net Income:
-$61.7M
Assets

$0

Liabilities

$0

Net Assets:
+$0
Operating Budget

$5.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$24.5M
Largest grant received
$47.4M
G
George W Jackson Jr
Board Member
M
Matthew P Cullen
Board Member
R
Richard Rapson
Board Member

Frequently Asked Questions

What is M-2 RAIL’s budget?
In 2024, M-2 RAIL reported an annual operating budget of around $5.3 million. More detailed financial information is available to registered users.
What causes does M-2 RAIL support?
M-2 RAIL supports work in Public transportation.
Where does M-2 RAIL operate?
M-2 RAIL is headquartered in DETROIT, MI.
Who funded M-2 RAIL recently?
In 2024, M-2 RAIL received grants from M-1 RAIL, THE KRESGE FOUNDATION, and FCA FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant M-2 RAIL received in 2024?
The largest grant to M-2 RAIL in 2024 exceeds $47.4 million.
Overview
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