Public Charity

DETROIT PREP QALICB

DETROIT PREP QALICB is a Public Charity headquartered in DETROIT, MI. Financial data from the 2025 filing: $4.0M revenue, $2.5M expenses.

EIN: 831321794 DETROIT, MI Latest filing: 2025
Total Revenue$4.0M
Total Expenses$2.5M
Grant Records0
Filing Years2021–2025

Mission

DETROIT PREP QALICB IS A MICHIGAN CORPORATION WHICH WAS ORGANIZED TO OBTAIN FINANCING AND REFURBISH A FORMER DETROIT PUBLIC SCHOOL BUILDING TO BE LEASED TO THE DETROIT ACHIEVEMENT ACADEMY.

Where $100 goes at Detroit Prep Qalicb

How Detroit Prep Qalicb divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
Detroit Prep Qalicb is a michigan corporation which was organized to refurbish a former Detroit public school building to be used by the Detroit achieve academy
50% of program spending
$50
Detroit Prep Qalicb is a michigan corporation which was organized to refurbish a former Detroit public school building to be used by the Detroit achieve academy
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Greg Dematra
SECRETARY Jared Stasik
PRESIDENT Kyle Smitley

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $2.5M —
2024 $-343K — $4.8M
2023 $-347K — $5.2M
2022 $-341K — $5.5M
2021 $-346K — $5.9M

Between 2021 and 2025, reported annual revenue moved from $-346K to $4.0M.

Interactive year-over-year charts and full filing details available with membership.

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