Detroit Future City

Detroit Future City

Detroit, MI, US
501(c)(3)
EIN
47-5050055

Detroit Future City

Detroit, MI, US
501(c)(3)
EIN
47-5050055

Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Detroit Future City (EIN: 47-5050055) is a nonprofit organization focused on economic development, community and economic development, and education, primarily serving the Detroit area. Its mission is to promote equitable employment opportunities for historically excluded communities through outreach to employers and workforce agencies. With an operating budget of $3.3 million and total revenue of $3.7 million in 2024, the organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.detroitfuturecity.com.

Mission Statement

DFCs Economic Inclusion program promotes equitable employment opportunities for historically excluded communities through outreach to employers and workforce agencies. In 2024, DFC cosponsored a public symposium attended by close to 100 stakeholders of varying backgrounds.
Revenues

$3.7M

Expenses

$3.6M

Net Income:
+$132.3K
Assets

$2M

Liabilities

$443.3K

Net Assets:
+$1.5M
Operating Budget

$3.3M

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

16

Median grant size
$54.5K
Largest grant received
$1.4M
A
Ashley Clark
Board Member
K
Kimberly Faison
Board Member
T
Todd Bettison
Board Member

Frequently Asked Questions

What is Detroit Future City’s budget?
In 2024, Detroit Future City reported an annual operating budget of around $3.3 million. More detailed financial information is available to registered users.
What causes does Detroit Future City support?
Detroit Future City supports work in Education, Community and economic development, and Economic development.
Where does Detroit Future City operate?
Detroit Future City is headquartered in Detroit, MI.
Who funded Detroit Future City recently?
In 2024, Detroit Future City received grants from THE KRESGE FOUNDATION, THE KRESGE FOUNDATION, and THE GILBERT FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Detroit Future City received in 2024?
The largest grant to Detroit Future City in 2024 exceeds $1.4 million.
What is Detroit Future City’s reliance on government grants?
Detroit Future City relied on government grants for more than 5% of their total revenue in 2024.
Overview
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