360 Detroit is located in Detroit, MI. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 360 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, 360 Detroit generated $508.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $319.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
360 DETROIT, INC STRIVES TO REVITALIZE DETROIT BY CATALYZING CHANGE, EMPOWERING RESIDENTS AND IMPROVING LIFES QUALITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEIGHBORHOOD BEAUTIFICATION AND 360 PARK DEVELOPMENT - PROCUREMENT OF SERVICES AS WELL AS PURCHASE OF SUPPLIES, EQUIPMENT, LANDSCAPING, AND RELATED ITEMS FOR DEVELOPMENT AND BEAUTIFICATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George Adams Jr President | OfficerTrustee | 40 | $43,595 |
N'jeri Laird Treasurer | OfficerTrustee | 15 | $14,250 |
Michael J Haggerty Chair | OfficerTrustee | 5 | $0 |
Elyse Wolf Secretary | OfficerTrustee | 5 | $0 |
Tamara Hunter Member | Trustee | 2 | $0 |
Phyllis Edwards Member | Trustee | 2 | $0 |
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 | $484,726 |
Noncash contributions included in lines 1a–1f | $177,459 |
Total Revenue from Contributions, Gifts, Grants & Similar | $484,726 |
Total Program Service Revenue | $23,522 |
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 | $508,812 |
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 | $55,919 |
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 | $0 |
Advertising and promotion | $19,916 |
Office expenses | $7,444 |
Information technology | $3,000 |
Royalties | $0 |
Occupancy | $36,534 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,712 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $41,936 |
Insurance | $6,944 |
All other expenses | $2,813 |
Total functional expenses | $319,868 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $339,717 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,206 |
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 | $527,929 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $892,852 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $548,933 |
Net assets with donor restrictions | $343,919 |
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 | $892,852 |
Over the last fiscal year, we have identified 6 grants that 360 Detroit has recieved totaling $481,153.
Awarding Organization | Amount |
---|---|
Ford Foundation New York, NY PURPOSE: CORE SUPPORT FOR BLACK DETROITERS REBUILD-VIRGINIA PARK COMMUNITY, A COALITION OF RESIDENTS, BUSINESSES, ACTIVISTS, AND NON-PROFIT LEADERS WHO ARE FOCUSED ON INCREASING OPPORTUNITIES FOR COMMUNITY OWNERSHIP OF LAND AND HOUSING ACROSS DETROIT | $250,000 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $120,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
Lloyd And Mabel Johnson Foundation Brighton, MI PURPOSE: OPERATIONS | $50,000 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $11,078 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
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 |