IRS 990 Nonprofit Profile

Detroit Achievement Academy Foundation

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

Filing year

2024

Total revenue

$2.0M

Total expenses

$908K

Program expenses

$749K

Administration

$157K

Fundraising

$2K

Program share of expenses

83%

EIN

812771468

Location

Detroit, MI