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.
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.