482FORWARD

DETROIT, MI, 48202-3471 (313) 444-3198 Est. 2016 EIN 47-3537426
B90— Education Form 990 501(c)(3)
www.482forward.org

Mission

WE ARE CREATING A DETROIT WHERE EVERY STUDENT GRADUATES READY TO BECOME A FULLY ENGAGED PARTICIPANT IN THE WORLD, EQUIPPED WITH THE CHARACTER AND THE CAPACITY TO NEGOTIATE HIS/HER ENVIRONMENT AND CHANGE IT FOR THE BETTER.

Giving Portfolio

Total Grants
21
Total Giving
$324K
Recipients
21
Years Active
2023 - 2024
Avg grant: $14,924 Median: $15,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20249$104K $12K18
202312$220K $18K120

Sectors Funded

Community Improvement
6
Youth Development
4
Education
3
Human Services
3

Top States

Michigan
21

Grantee Size Profile

$1M - $5M
8
$5M - $10M
3
$500K - $1M
2
$100K - $500K
1

Top Grantees

Page 1 of 2

Grants Awarded · 18 grants

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Financials

Total Revenue
$3,156,132
Total Expenses
$1,987,546
Net Assets
$2,850,466
25 employees 4,597 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
17.2 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 65.4%
Expenses ↓ 7.1%
Revenue Sources
Contributions 98.5% Earned revenue 0.1% Investment 1.1%
Expense Breakdown
Program 82.5% Management 16.1% Fundraising 1.3%

Officers & Trustees (21)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$3,156,132 $1,987,546$2,850,466
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$1,908,381 $2,138,690$1,230,830
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$1,707,700 $1,743,057$1,607,511
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$1,410,371 $833,715$1,157,698
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$604,861 $635,334$581,042
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$583,624 $496,669$611,515

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EIN: 47-3537426 · Source: IRS Form 990 e-file data