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EIN 84-3475243

Detroit Promise Scholarship Detroit Promise Zone Authority

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Detroit
State
Michigan
Year formed
2019
Most recent tax filings
2024-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Detroit Promise Scholarship Detroit Promise Zone Authority offers tuition-free paths to higher education for eligible Detroit residents, covering funding gaps and providing student support.
Also known as...
Detroit Promise Zone
Total revenues
$4,492,652
2024
Total expenses
$3,229,541
2024
Total assets
$1,684,715
2024
Num. employees
0
2024

Program areas at Detroit Promise Scholarship Detroit Promise Zone Authority

Providing Detroit high school graduates a tuition-assisted path to higher education.

Grants made by Detroit Promise Scholarship Detroit Promise Zone Authority

GranteeGrant descriptionAmount
Detroit Regional Chamber FoundationScholarship Dispur.$3,180,168

Financials for Detroit Promise Scholarship Detroit Promise Zone Authority

RevenuesFYE 06/2024
Total grants, contributions, etc.$4,473,103
Program services$0
Investment income and dividends$19,549
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,492,652

Form 990s for Detroit Promise Scholarship Detroit Promise Zone Authority

Fiscal year endingDate received by IRSFormPDF link
2024-062024-09-12990View PDF
2023-062024-09-11990View PDF

Organizations like Detroit Promise Scholarship Detroit Promise Zone Authority

OrganizationLocationRevenue
Tennessee Higher Education InitiativeNashville, TN$1,218,262
Urban Ventures Leadership FoundationMinneapolis, MN$10,927,726
The ContingentPortland, OR$5,177,375
Palmer ScholarsTacoma, WA$1,445,016
New Haven PromiseNew Haven, CT$5,195,298
tnAchievesKnoxville, TN$5,735,956
Great Aspirations Scholarship Program (GRASP)Richmond, VA$2,319,158
HFS Chicago ScholarsChicago, IL$1,238,566
Baltimore Educational Scholarship TrustBaltimore, MD$1,527,888
Say Yes Cleveland ScholarshipCleveland, OH$2,083,564
Data update history
October 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 20, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsEducational service providersCharities
Issues
Education
Characteristics
Provides grantsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3031 W Grand Blvd Ste 525
Detroit, MI 48202
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Website URL
detroitpromise.com/ 
Phone
(313) 871-5500
IRS details
EIN
84-3475243
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
611710: Educational Support Services
Parent/child status
Independent
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