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WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT
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WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT
Detroit, MI, US
•
501(c)3
•
EIN
41-2061387
•
WWW.TECHTOWNDETROIT.ORG
•
Regional Funder
WAYNE STATE UNIVERSITY RESEARCH AND TECHNOLOGY PARK IN THE CITY OF DETROIT
Sign up to claim this org
Detroit, MI, US
•
501(c)3
•
EIN
41-2061387
•
WWW.TECHTOWNDETROIT.ORG
•
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Financials
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Funding
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Grants Received
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$4,808,210
Government Grants
65%
Contributions
27%
Fundraising Events
3%
Program Services
3%
Investments
2%
Other
1%
Membership Dues
0%
Expenses in
2024
$12,535,531
Salaries & Benefits
42%
Other
31%
Grants
15%
Fees to Service Providers
4%
Advertising & Promotion
4%
Offices, Occupancy & IT
3%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,272,861
$1,281,450
-70%
Government Grants
$2,048,870
$3,111,248
+52%
Fundraising Events
$128,826
$128,175
-1%
Program Services
$204,283
$123,317
-40%
Membership Dues
$0
$0
-
Investments
$106,651
$97,757
-8%
Other
$30,743
$66,263
+116%
Total Revenues
$6,792,234
$4,808,210
-29%
Expenses
2023
2024
Change
Grants
$3,601,867
$1,840,720
-49%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,925,477
$5,204,055
+6%
Fees to Service Providers
$1,604,141
$560,233
-65%
Advertising & Promotion
$378,970
$503,396
+33%
Offices, Occupancy & IT
$383,521
$401,339
+5%
Interest
$20,053
$17,798
-11%
Depreciation
$82,399
$78,575
-5%
Other
$799,062
$3,929,415
+392%
Total Expenses
$11,795,490
$12,535,531
+6%
Net income
2023
2024
Change
Net income
-$5,003,256
-$7,727,321
-54%
Functional Expenses
Summary
2023
2024
Change
Program
$8,954,224
$9,372,733
+5%
Admin
$2,381,573
$2,609,237
+10%
Fundraising
$459,693
$553,561
+20%
Total Expenses
$11,795,490
$12,535,531
+6%
Income Statement
