Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Detroit Future City is a Detroit-based nonprofit working in economic development, community and economic development, and education. Its Economic Inclusion program promotes equitable employment opportunities for historically excluded communities through outreach to employers and workforce agencies, and in 2024 it co-sponsored a public symposium attended by nearly 100 stakeholders. The organization reported a $3.3M operating budget and $3.7M in total revenue for filing year 2024, with support from funders including THE KRESGE FOUNDATION, THE FRED & BARBARA ERB FAMILY FOUNDATION, and JPMORGAN CHASE FOUNDATION.

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
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  • 28 funders
  • 43 board & team members
  • 9 historic 990s & financials
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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.