Mission
NEW DETROIT INC (THE CORPORATION) IS A COALITION OF LEADERS WORKING TO ACHIEVE RACIAL UNDERSTANDING AND RACIAL EQUITY IN METROPOLITAN DETROIT. THE CORPORATIONS PRINCIPAL SOURCE OF REVENUE IS FROM GRANTS AND CONTRIBUTIONS.
NEW DETROIT INC is a Public Charity headquartered in Detroit, MI. Financial data from the 2024 filing: $535K revenue, $1.1M expenses, $518K total assets. 12 publicly reported grants to this organization, totaling roughly $465K, appear in IRS filings.
NEW DETROIT INC (THE CORPORATION) IS A COALITION OF LEADERS WORKING TO ACHIEVE RACIAL UNDERSTANDING AND RACIAL EQUITY IN METROPOLITAN DETROIT. THE CORPORATIONS PRINCIPAL SOURCE OF REVENUE IS FROM GRANTS AND CONTRIBUTIONS.
How New Detroit Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Showing up to 5 of 12 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $535K | $1.1M | $518K |
| 2023 | $796K | $1.3M | $1.1M |
| 2022 | $1.4M | $1.3M | $1.7M |
| 2021 | $1.1M | $992K | $1.7M |
| 2020 | $1.2M | $743K | $1.5M |
Between 2020 and 2024, reported annual revenue declined from $1.2M to $535K (-54%), with total assets most recently reported at $518K.
Interactive year-over-year charts and full filing details available with membership.