GRANDMONT ROSEDALE DEVELOPMENT CORPORATION

DETROIT, MI, 48223-1227 (313) 387-4732 Est. 1989 EIN 38-2885952

L250— Housing & Shelter 501(c)(3)

Financials

Total Revenue

$4,246,385

Total Expenses

$2,205,049

Net Assets

$3,552,016

From latest filing (tax period ending 2024-12-31)

Operating Reserve

19.3 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 240.3%

Expenses ↑ 63.7%

Revenue Sources

Contributions 47.7% Earned revenue 49.6% Investment 1.8% Other 1.0%

Expense Breakdown

Program 93.2% Management 5.8% Fundraising 1.0%

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Year	Revenue	Expenses	Net Assets
2024 Form 990	$4,246,385 ↑	$2,205,049	$3,552,016
2023 Form 990	$1,247,794 ↑	$1,347,011	$1,510,680
2022 Form 990	$876,933 ↓	$1,122,394	$1,609,897
2021 Form 990	$901,710	$793,514	$1,855,358
2021 Form 990	$901,710 ↑	$793,514	$1,855,358
2020 Form 990	$833,799	$872,385	$1,747,162