Overview

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Est.

2011

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Challenge Detroit is a nonprofit organization focused on economic development in the Greater Detroit region. Its mission is to attract and retain young leaders from across the nation who are committed to making a difference through collaboration and intellectual contributions to philanthropic challenges. With an operating budget of $364,000 and total revenue of $314,000 for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.challengedetroit.org.

Mission Statement

TO RETAIN AND ATTRACT YOUNG LEADERS FROM ACROSS THE NATION TO THE REGION WHO HAVE THE COURAGE, PASSION, AND DRIVE TO MAKE A DIFFERENCE, AND TO PROVIDE THEM WITH THE OPPORTUNITY TO COLLABORATE AND LEND THEIR INTELLECTUAL CAPITAL TO PHILANTHROPIC CHALLANGES THAT WILL CONTRIBUTE TO THE GROWTH AND REVITALIZATION OF THE GREATER DETROIT REGION
Revenues
$314K
Expenses
$364K
Net Income:
-$50K
Assets
$225.4K
Liabilities
$0
Net Assets:
+$225.4K
Operating Budget
$364K
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
1
Median grant size
$65K
Largest grant received
$65K
D
Dan Kinkead
Board Member
J
Jim Worth
Board Member
D
Doyle Mosher
Board Member

Frequently Asked Questions

What is CHALLENGE DETROIT’s budget?
In 2024, CHALLENGE DETROIT reported an annual operating budget of around $364 thousand. More detailed financial information is available to registered users.
What causes does CHALLENGE DETROIT support?
CHALLENGE DETROIT supports work in Economic development.
Where does CHALLENGE DETROIT operate?
CHALLENGE DETROIT is headquartered in ROYAL OAK, MI.
Who funded CHALLENGE DETROIT recently?
In 2024, CHALLENGE DETROIT received grants from COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, EUGENE & SHEILA MONDRY FAMILY FOUNDATION, and The Huntington Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant CHALLENGE DETROIT received in 2024?
The largest grant to CHALLENGE DETROIT in 2024 exceeds $65 thousand.