Education
Detroit Achievement Academy Foundation
DETROIT, MI
Total revenue
$2.0M
Total expenses
$908K
Net assets
$5.8M
Grants received
$873K
19 grants
EIN
812771468
Tax year
2024
Mission
A. To receive and administer funds and property and to operate exclsively for charitable, scientific, literary, and educational purposes within the meaning of section 501(c)(3) of the internal revenue code, and, in particular, to make grants to benefit detroit achievement academy or any of its schools, so long as such purpose is a permissable purpose for an organization described in section 501(c)(3) of the internal revenue code, but if such purpose is not such a permissible purpose, then to make grants to benefit educational institutions for school children located in detroit or other urban cities. B. To acquire, own, dispose of and deal with real and personal property and interests therein and to apply gifts, grants, bequests and devises and their proceeds in furtherance of the purposes of the corporation. C. To do such things and to perform such acts to accomplish its purposes as the board of directors may determine to be appropriate and as are not forbidden by section 501(c)(3) of
Programs
1 program
The foundation participated in the purchase of a building through the use of a new market tax credit for the purchase of a school building for the detroit prepatory academy.
Financials
FY 2024
Revenue
Expenses
People
4 listed
LENORA HANKS
MEMBER
—
1 hrs/wk
ALISON LAPETINA
MEMBER
—
1 hrs/wk
FRANCES PICCIRILLI
MEMBER
—
1 hrs/wk
KYLE SMITLEY
PRESIDENT
—
1 hrs/wk
Grants received
Showing 19 of 19
Funded by
$873K from 11 funders · 19 grants · 2017–2024
$500K · 1 grant · 2023
$175K · 5 grants · 2018–2023
$47K · 3 grants · 2022–2024
$30K · 2 grants · 2020–2022
$30K · 1 grant · 2023
$30K · 2 grants · 2017–2021
$20K · 1 grant · 2020
$20K · 1 grant · 2020