Challenge Detroit

Community development organization based in Royal Oak, MI. 3 employees. Exempt under §501(c)(3).

MissionTO RETAIN AND ATTRACT YOUNG LEADERS FROM ACROSS THE NATION TO THE REGION WHO HAVE THE COURAGE, PASSION, AND DRIVE TO MAKE A DIFFERENCE, AND TO PROVIDE THEM WITH THE OPPORTUNITY TO COLLABORATE AND LEND THEIR INTELLECTUAL CAPITAL TO PHILANTHROPIC CHALLANGES THAT WILL CONTRIBUTE TO

Financial snapshot · TY 2023

$314K
Total revenue
$364K
Total expenses
$225K
Net assets

Financial health · TY 2023

47
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
41
7.4 months of expenses
Program efficiency
40
66% spent on programs
Revenue diversity
70
Mix of program fees, grants & contributions

Leadership compensation

Deirdre Greene Groves
EXECUTIVE DIRECTOR AND C.O.O.
$96,000
77th percentile vs. peers

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Challenge Detroit Executive Compensation | 990 Data | DoubleNine