I3 Detroit
- Assets
- $119.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ferndale, MI
- Founding
- 12/2011
- Data as of
- 12/2022
- EIN
- 27-0553505
Organization Overview
I3 Detroit is located in Ferndale, MI. The organization was established in 2011. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. I3 Detroit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, I3 Detroit generated $89.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $116.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Furland Director | 4 | $0 | |
Matt Arnold Director | 4 | $0 | |
Jamie Burdeski Director | 4 | $0 | |
Mike Fink Director | 4 | $0 | |
Dave Hurt Director | 3 | $0 | |
Evan Allen Director | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,191 |
| Total Program Service Revenue | $4,796 |
| Membership dues | $79,416 |
| Investment income | $14 |
| Gain or Loss | $1,122 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,471 |
| Total Revenue | $89,010 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,543 |
| Occupancy, rent, utilities, and maintenance | $79,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,791 |
| Total expenses | $116,384 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,956 |
| Other assets | $0 |
| Total assets | $119,398 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,398 |