Charity Search / FOUNDATION FOR DETROITS FUTURE
Community Improvement (S20) 990 on File

FOUNDATION FOR DETROITS FUTURE

EIN: 46-4873153 · DETROIT, MI 48226-3134 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 74/100
Reliability (20%) 50/100
Effectiveness (25%) 65/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$17.5M
Total Revenue
$18.9M
Total Expenses
$44.2M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.6%
Fundraising Efficiency N/A
Operating Reserve 28.02x
Liability-to-Asset 0.1%
Revenue Diversification 91.6%
Compared with Peers
FY 2023
Compared with 373 similar organizations (United States, Community Improvement, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
99.6% 89.8%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.4% 8.7%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
28.0 mo 6.9 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 41.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
91.6% 92.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
4.6% 7.4%
P10P90
Expense growth
Year over year expense growth
0.0% 11.2%
P10P90
Surplus margin
Surplus as a share of revenue
-8.3% 0.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $17.5M $18.9M $44.2M 99.6% 0
2022 $16.7M $18.9M $45.6M 99.7% 0
2021 $26.3M $18.9M N/A 0
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Organization Details
EIN
46-4873153
State
MI
City
DETROIT
ZIP
48226-3134
Classification
S20
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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