New Detroit Inc
- Assets
- $1.7m
- Revenue
- $1.1m
- Investments
- $82.5k
- Employees
- 7
- Location
- Detroit, MI
- Founding
- 08/1968
- Data as of
- 12/2021
- EIN
- 38-6159215
Organization Overview
New Detroit Inc is located in Detroit, MI. The organization was established in 1968. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, New Detroit Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Detroit 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, New Detroit Inc generated $1.1m 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 (18.4%) each year. All expenses for the organization totaled $991.6k during the year ending 12/2021. 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
A NON PROFIT RACE RELATIONS ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE ACCOMPLISHMENTS 1 INVITED TO HOST EVENTS AS PART OF TWO LOCALLY ORIGINATED NATIONALLY AIRED PROGRAMS ON RACE. DEVELOPED A FEATURE VIDEO, CONVERSATIONS ON RACE 2 PRODUCED TWO REPORTS RACIAL EQUITY HIGHLIGHTS AND EXAMINING AND ADDRESSING COVID RACIAL DISPARITIES IN DETROIT 3 OFFERED A SERIES OF VIRTUAL PANELS COMPRISING LOCAL AND NATIONAL LEADERS ADDRESSING TOPICAL ISSUES THAT PRIMARILY RELATED TO THE COVID PANDEMIC. ATTENDANCE RANGED FROM ABOUT 50 TO MORE THAN 400 PER EVENT 4 RESTRUCTURED ITS MUTICULTURAL LEADERSHIP PROGRAM INTO LEADERSHIP SERIES ON RACE AS A MISSION-BASED FEE SERVICE PROGRAM FEATURING LOCAL AND NATIONAL EXPERT INSTRUCTORS EDUCATING PARTICIPANTS ON CRITICAL ISSUES AND HELPING THEM DEVELOP RACIAL EQUITY ACTION PLANS AND 5 DEVELOPED THE JUST INSTITUTE TO PROVIDE INDUSTRY SPECIFIC TRAINING. JUST PLACETM SERVICES THE HOSPITALITY INDUSTRY, JUST CARE TM MEETS AND EXCEEDS THE STATE OF MICHIGAN REQUIRED ANTI BIAS TRAINING FOR LICENSED HEALTH CARE PROFESSIONALS AND JUST LEAD SERVICES LEADERS OF ALL LEVELS ACROSS SECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rafferty Michael S President CEO | Officer | 40 | $175,150 |
Raines Jodee Chief Operations Officer | Officer | 40 | $122,475 |
Prokop Kevin Vice Chair | OfficerTrustee | 1 | $0 |
Johnson Cheryl P Chair | OfficerTrustee | 1 | $0 |
Dozier Reginald G Vice Chair | OfficerTrustee | 1 | $0 |
Kellett Peter M Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $164,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $944,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,108,806 |
| Total Program Service Revenue | $0 |
| Investment income | $1,602 |
| 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 | $1,123,189 |
| 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. | $297,625 |
| Compensation of current officers, directors, key employees. | $150,896 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,663 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,850 |
| Payroll taxes | $34,833 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,203 |
| Information technology | $42,000 |
| Royalties | $0 |
| Occupancy | $39,540 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,687 |
| Insurance | $14,388 |
| All other expenses | $6,331 |
| Total functional expenses | $991,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,357,983 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $150,000 |
| Accounts receivable, net | $64,000 |
| 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 | $5,000 |
| Net Land, buildings, and equipment | $5,569 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $82,486 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,665,038 |
| Accounts payable and accrued expenses | $67,737 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $81,425 |
| Other liabilities | $32,635 |
| Total liabilities | $181,797 |
| Net assets without donor restrictions | $1,333,241 |
| Net assets with donor restrictions | $150,000 |
| 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 | $1,665,038 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that New Detroit Inc has recieved totaling $625,050.
| Awarding Organization | Amount |
|---|---|
Skillman Foundation Detroit, MI PURPOSE: JUST LEAD + DEI DIRECTORS NETWORK | $200,000 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES GENERAL OPERATING SUPPORT TO NEW DETROIT, INC. TO BUILD THEIR ORGANIZATIONAL CAPACITY AND STRATEGY TO ADDRESS RACISM AS PART OF THE FOUNDATIONS RACIAL JUSTICE RESPONSE PLAN. THIS GRANT FALLS UNDER THE FRONTLINE ORGANIZATIONS STRATEGIC AREA WHICH AIMS TO BUILD THE NATIONAL RACIAL JUSTICE MOVEMENT AND STRENGTHEN A PLACE-BASED APPROACH FOR ORGANIZATIONS FOCUSED ON RACIAL JUSTICE AND LED BY PEOPLE OF COLOR. | $100,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: ORGANIZATIONAL CAPACITY BUILDING TO HELP ADDRESS SYSTEMIC RACISM IN SOUTHEAST MICHIGAN | $85,000 |
Hudson-Webber Foundation Detroit, MI PURPOSE: GENERAL OPERATING SUPPORT 2021-2023 | $75,000 |
Hudson-Webber Foundation Detroit, MI PURPOSE: GENERAL OPERATING SUPPORT 2021-2023 | $75,000 |
Ford Motor Co Fund Dearborn, MI PURPOSE: MULTI-CULTURAL | $50,000 |
Endowment Analysis
| Beg. Balance | $69,705 |
| Earnings | $12,781 |
| Ending Balance | $82,486 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Impact Community Action Columbus, OH | $17,964,278 | $51,062,093 |
Akron Summit Community Action Agency Akron, OH | $9,053,133 | $31,825,266 |
Hocking-Athens Perry Community Action Glouster, OH | $22,374,760 | $30,742,269 |
Capital Area Community Services Inc Lansing, MI | $6,281,706 | $28,298,422 |
Indianapolis Foundation Inc Indianapolis, IN | $352,748,809 | $43,731,535 |
Jumpstart Inc Cleveland, OH | $82,356,707 | $21,511,113 |
Corporation For Ohio Appalachian Development Athens, OH | $7,078,759 | $21,339,241 |
University Circle Incorporated Cleveland, OH | $134,622,719 | $18,118,457 |
Foundation For Detroits Future Detroit, MI | $47,892,805 | $26,320,980 |
Economic And Community Development Institute Inc Columbus, OH | $78,355,876 | $19,971,101 |
West Ohio Community Action Partnership Lima, OH | $6,981,623 | $15,279,840 |
Community Action Program Commission Of The Lancaster-Fairfield County Lancaster, OH | $11,087,648 | $12,770,614 |