Detroit Impact Inc
- Assets
- $33.4k
- Revenue
- $139.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 10/1992
- Data as of
- 12/2021
- EIN
- 38-3063817
Organization Overview
Detroit Impact Inc is located in Detroit, MI. The organization was established in 1992. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Impact Inc 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 12/2021, Detroit Impact Inc generated $139.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $143.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO LOW INCOME AND AT RISK YOUTH IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEWORK ASSISTANCE AND INTENSIVE TUTORING WERE OFFERED TO APPROXIMATELY 40 STUDENTS TWICE WEEKLY. COMPUTER LITERACY CLASSES WERE OFFERED WEEKLY TO APPROXIMATELY 30 STUDENTS. SAFETY ROUTES WERE MONITORED FOR APPROXIMATELY THREE PUBLIC SCHOOLS WITH TOTAL POPULATION OF 1800. MENOTRING AND LIFE SKILLS FOR APPROXIMATELY 70 STUDENTS.
HOMEWORK ASSISTANCE AND INTENSIVE TUTORING WERE OFFERED TO APPROXIMATELY 40 STUDENTS TWICE WEEKLY. COMPUTER LITERACY CLASSES WERE OFFERED WEEKLY TO APPROXIMATELY 30 STUDENTS. SAFETY ROUTES WERE MONITORED FOR APPROXIMATELY THREE PUBLIC SCHOOLS WITH TOTAL POPULATION OF 1800. MENOTRING AND LIFE SKILLS FOR APPROXIMATELY 70 STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Colbert Executive Director | OfficerTrustee | 40 | $0 |
Beverly King Chair | OfficerTrustee | 10 | $0 |
Stephanie Mckire Secretary | OfficerTrustee | 10 | $0 |
Clara Scott Treasurer | OfficerTrustee | 10 | $0 |
Monique Perdue Board Member | Trustee | 10 | $0 |
Gail Perry-Mason Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,839 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $139,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,568 |
| Advertising and promotion | $0 |
| Office expenses | $7,585 |
| Information technology | $188 |
| Royalties | $0 |
| Occupancy | $18,566 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,783 |
| All other expenses | $82,907 |
| Total functional expenses | $143,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,827 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $605 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,432 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,933 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,933 |
| Net assets without donor restrictions | $27,499 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,432 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Detroit Impact Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Lawrence And Sherian Washington Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternative Education Academy Akron, OH | $8,266,600 | $36,695,816 |
Ideastream Cleveland, OH | $47,798,321 | $23,794,645 |
Directions For Youth & Families Inc Columbus, OH | $17,494,170 | $7,448,441 |
Youth Intensive Services Youngstown, OH | $5,192,901 | $8,719,179 |
Catholic Youth Summer Camp Inc Centerburg, OH | $24,885,717 | $8,487,345 |
Brilliant Detroit Detroit, MI | $8,474,940 | $7,645,252 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
New City Kids Inc Grand Rapids, MI | $3,713,788 | $6,335,672 |
Gateway Woods Family Services Inc Leo, IN | $1,086,644 | $4,316,744 |
Fishers Soccer Club Inc Noblesville, IN | $3,814,503 | $3,510,504 |
Hype Athletics Community Inc Dearborn Heights, MI | $8,352,601 | $3,293,270 |