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COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT

COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT

Detroit, MI, US
501(c)3
EIN
38-3465670
Regional Funder
funder logo

COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT

Detroit, MI, US
501(c)3
EIN
38-3465670
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,143,144

Government Grants
>99%
Membership Dues
<1%
Investments
<1%
Program Services
<1%
Contributions
0%
Fundraising Events
0%
Other
0%
Expenses in 2024

$2,900,193

Grants
46%
Salaries & Benefits
29%
Other
18%
Fees to Service Providers
5%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,817,885
$0
-100%
Government Grants
$0
$3,130,716
-
Fundraising Events
$0
$0
-
Program Services
$26,407
$70
-100%
Membership Dues
$5,565
$12,231
+120%
Investments
$127
$127
+0%
Other
$0
$0
-
Total Revenues
$1,849,984
$3,143,144
+70%
Expenses
2023
2024
Change
Grants
$84,257
$1,337,671
+1488%
Benefits to Members
$0
$0
-
Salaries & Benefits
$823,490
$835,439
+1%
Fees to Service Providers
$874,805
$155,302
-82%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$38,111
$43,284
+14%
Interest
$0
$0
-
Depreciation
$11,582
$15,098
+30%
Other
$73,587
$513,399
+598%
Total Expenses
$1,905,832
$2,900,193
+52%
Net income
2023
2024
Change
Net income
-$55,848
+$242,951
-535%
Functional Expenses
Summary
2023
2024
Change
Program
$1,672,805
$2,658,338
+59%
Admin
$176,989
$210,799
+19%
Fundraising
$56,038
$31,056
-45%
Total Expenses
$1,905,832
$2,900,193
+52%
Income Statement
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