Overview
What is Challenge Detroit?
Challenge Detroit is a year-long fellowship program situated in Royal Oak, Michigan. Its primary objective is to cultivate diverse, innovative, and community-focused leaders from both Detroit and beyond. By participating in this program, selected individuals, known as Fellows, spend four days a week honing their professional skills with host companies, while dedicating one day per week to social impact projects in collaboration with local nonprofits. The fellowship aims to retain and attract young leaders with courage, passion, and a drive to make a difference, contributing to the growth and revitalization of the Greater Detroit region. The program fosters leadership development, enhancing skills in project management, communication, design thinking, and more.
Official website here: www.challengedetroit.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Challenge Detroit has received a rating of 77%, which reflects its strong commitment to accountability and financial practices. The organization scored particularly well in areas such as having a fully independent board and maintaining transparency with its financial documents. The majority of the board members are independent, which is a positive indicator for governance.
Despite its strengths, there are some limitations noted in the rating. The organization is missing a whistleblower policy and a document retention and destruction policy, which are important for ensuring ethical practices and accountability. Additionally, while the program expense ratio is respectable at 65.20%, it could be improved to ensure a higher percentage of resources are allocated directly to program services.
Overall, Challenge Detroit demonstrates good governance and financial responsibility, though there are areas for improvement concerning policy completeness. The nonprofit's operations and financial health appear stable, making it a viable option for potential donors looking to support community-focused initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Challenge Detroit legitimate?
Challenge Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Challenge Detroit submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $91,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,192
For more financial information, click here
Official website here: www.challengedetroit.org
What is the mission statement of Challenge Detroit?
Challenge Detroit's mission is centered around attracting and retaining young leaders with courage, passion, and drive from across the nation. These individuals are provided with the opportunity to collaborate and contribute their intellectual capital to philanthropic challenges that aim to enhance the growth and revitalization of their chosen region. The program, which lasts a year, places these leaders in multi-disciplinary teams, working on social impact projects in collaboration with local non-profit partners and Challenge Detroit. The fellows also engage in robust leadership development programming, honing skills in project management, communications, design thinking, and more. The ultimate goal is to foster positive change and ignite innovative perspectives within the communities they serve.
Official website here: www.challengedetroit.org
Who is the CEO of Challenge Detroit?
Doyle Mosher is the President of Challenge Detroit.
Official website here: www.challengedetroit.org
What is the revenue of Challenge Detroit?
Challenge Detroit's revenue in 2022 was $481,894.
Official website here: www.challengedetroit.org
Who are the executives of Challenge Detroit and what are their salaries?
The average compensation at Challenge Detroit during 2022 was $77,192. There are 3 employees and 3 volunteers at Challenge Detroit.
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- Compensation: $87,385
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Official website here: www.challengedetroit.org
Where can I find the form 990 for Challenge Detroit?
Challenge Detroit's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.challengedetroit.org
Learn more at the official website: www.challengedetroit.org
Mission Statement of Challenge Detroit
Challenge Detroit, a year-long fellowship program, is dedicated to attracting and retaining ambitious young leaders from across the nation who are eager to make a difference. Its mission is to provide these individuals with an opportunity to collaborate and utilize their intellectual capital to tackle philanthropic challenges that contribute to the growth and revitalization of various communities. By participating in this program, these leaders, known as Fellows, spend four days a week accelerating their careers with host companies while dedicating one day each week to address societal issues and opportunities through social impact projects in collaboration with local nonprofits and Challenge Detroit. When not engaged in challenge projects, Fellows partake in leadership development programming, honing skills in project management, communications, design thinking, and more. By fostering the talents of diverse, innovative, and community-minded leaders, Challenge Detroit believes that positive change begins with individuals and is ignited by a community of leaders who bring innovative perspectives to their work, thereby contributing to the betterment of the communities they serve.
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Impact
July, 2024
Challenge Detroit's impact can be seen in the retention and attraction of young leaders to the Greater Detroit region. Through its fellowship program, Challenge Detroit cultivates diverse, innovative, and community-minded individuals who bring fresh perspectives and talents to local initiatives. By partnering with host companies and local organizations, Challenge Detroit fellows work on social impact projects that address some of Detroit's most significant challenges and opportunities.
The program not only accelerates the careers of the fellows but also equips them with valuable skills in project management, communications, design thinking, and more. By fostering a community of leaders dedicated to making a positive impact, Challenge Detroit contributes to the growth and revitalization of Detroit communities. Through their collaborative efforts, the fellows contribute their intellectual capital to philanthropic challenges, ultimately igniting positive change within the region.
This information is meant to be a general summary of Challenge Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $404,000
- Gross Receipts: $481,894
Assets and Liabilities:
- Total Assets: $320,478
- Total Liabilities: $38,896
- Net Assets: $281,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMMING FEES
Revenue
$404,000
Organization Details
Founding Year
2011
Phone
(313) 965-8264Principal Officer
Doyle Mosher
Main Address
2725 NAKOTA, ROYAL OAK, MI, 480731817
Website
www.challengedetroit.orgNTEE Category
Code: S30 - Community improvement
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