990 Scout/ Detroit Promise Zone/ Financials

Financial Information for Detroit Promise Zone

Detroit Promise Zone's annual revenue was $5.6M in tax year 2024, reported on their IRS Form 990. They spent $1.8M in total expenses. 97% went to programs and services.

Financial Breakdown

What is Detroit Promise Zone's total annual expenses?

Detroit Promise Zone spent $1.8M in tax year 2024, according to their IRS Form 990 filing.

How much of Detroit Promise Zone's budget goes to programs?

Detroit Promise Zone spent $1.8M (97% of expenses) on programs and services in tax year 2024.

How much does Detroit Promise Zone spend on overhead?

Detroit Promise Zone's overhead in tax year 2024 includes administrative (3%) and fundraising (0%) of their expenses.

What is Detroit Promise Zone's net worth?

Detroit Promise Zone had net assets of $5.4M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.