Wayne State Univ Research & Techno- Logy Park In the City of Detroit
Only null% goes to programs Strong reserves Declining revenue
Wayne State Univ Research & Techno- Logy Park In the City of Detroit is a 501(c)(3) organization based in Detroit, Michigan, registered in 2002, with $4,808,210 in FY2024 revenue. CharityIndex grades it D.
440 Burroughs, Detroit, MI, 48202 EIN 41-2061387 Since 2002
Revenue (FY2024)
$4.8M
▼ 29.2% vs prior year
Community median: $184K
Expenses (FY2024)
$12.5M
Net assets
$16.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wayne State Univ Research & Techno- Logy Park In the City of Detroit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating15 mo reserves · -161% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wayne State Univ Research & Techno- Logy Park In the City of Detroit: 15 mo reserves · -161% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wayne State Univ Research & Techno- Logy Park In the City of Detroit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wayne State Univ Research & Techno- Logy Park In the City of Detroit: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 440 Burroughs, Detroit, MI, 48202
- City
- Detroit
- State
- Michigan
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $3.4M (FY2013) to $4.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.9MNet assets $16.0M
Operating margin
-160.7%
Spent more than it raised in the latest fiscal year.
Total assets
$20.9M
Total liabilities
$4.9M
Net assets
$16.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,808,210▼29.2% | $12,535,531▲6.3% | $16,009,826▼32.6% | $20,872,657▼19.8% | 990 |
| 2023 | $6,792,234▼57.1% | $11,795,490▲32.0% | $23,744,130▼20.5% | $26,034,168▼18.3% | 990 |
| 2022 | $15,845,749▲76.5% | $8,937,181▲55.3% | $29,875,199▲34.9% | $31,848,008▲31.5% | 990 |
| 2021 | $8,978,851▲64.6% | $5,753,462▼27.2% | $22,149,277▲20.5% | $24,221,060▲17.5% | 990 |
| 2020 | $5,453,364▲56.6% | $7,901,750▲32.7% | $18,383,364▼16.9% | $20,621,192▼14.2% | 990 |
| 2019 | $3,483,016▼42.5% | $5,953,355▲49.6% | $22,133,071▼4.0% | $24,032,222▼5.5% | 990 |
| 2018 | $6,059,836▼19.0% | $3,978,547▲41.9% | $23,054,265▲12.3% | $25,438,983▲13.5% | 990 |
| 2017 | $7,478,819▲258% | $2,803,278▲20.7% | $20,528,718▲107% | $22,422,810▲87.9% | 990 |
| 2016 | $2,091,938▲12.2% | $2,322,638▼0.6% | $9,929,947▼1.7% | $11,930,830▼9.5% | 990 |
| 2015 | $1,863,953▼20.1% | $2,336,298▼15.9% | $10,100,467▲6.0% | $13,177,192▲2.9% | 990 |
| 2014 | $2,333,083▼31.5% | $2,777,616▲10.6% | $9,531,486▼6.8% | $12,810,954▼7.2% | 990 |
| 2013 | $3,405,148 | $2,512,421▼13.5% | $10,225,632▲5.2% | $13,800,074▲15.6% | 990 |
| 2012 | — | $2,903,212▼11.9% | $9,722,335▲3.5% | $11,938,447▲1.5% | 990 |
| 2011 | — | $3,294,979▲16.7% | $9,392,341▲125% | $11,765,007▲138% | 990 |
| 2010 | — | $2,822,344 | $4,177,988 | $4,949,571 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $3.8M total
31 grants to Wayne State Univ Research & Techno- Logy Park In the City of Detroit totaling $3.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $300,000 |
| Community Foundation For Southeast Michigan | Economic development | 2024 | $202,000 |
| Local Initiatives Support Corporation | See part iv | 2024 | $130,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $100,000 |
| Credit Unions Chartered In the State of Michigan | General support | 2024 | $25,000 |
| Community Foundation For Southeast Michigan | Community improvement & capacity building program/education program | 2023 | $175,000 |
| Community Foundation For Southeast Michigan | Community improvement & capacity building program/education program | 2022 | $202,500 |
| Local Initiatives Support Corporation | See part iv | 2022 | $24,975 |
| The Blackbaud Giving Fund | General support | 2022 | $17,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,500 |
| For Inspiration and Recognition of Science and Technology First | Program support | 2022 | $9,000 |
| Community Foundation For Southeast Michigan | John glenn high school | 2021 | $175,000 |
| Community Foundation For Southeast Michigan | The jack demmer automotive group scholarship and the william d. ford career technical center | 2021 | $46,000 |
| Community Foundation For Southeast Michigan | Small business services program | 2021 | $30,000 |
| The Miami Foundation Inc | Program support | 2021 | $21,419 |
Similar organizations in Community
Community
Global Detroit
Detroit, MI
$4.8M
Bannual revenue
Community
Detroit Development Fund
Detroit, MI
$4.9M
Bannual revenue
Community
Battle Creek Unlimited Inc
Battle Creek, MI
$5.0M
Dannual revenue
- Community
Venture For America Inc
Detroit, MI
$5.0M
Dannual revenue
Community
Association of Independent Mortgage Experts
Clarkston, MI
$4.6M
Bannual revenue
Community
Community House Association Inc
Birmingham, MI
$4.5M
Bannual revenue
Community
Humans First Detroit
Detroit, MI
$5.1M
C+annual revenue
Community
Develop Detroit Inc
Southfield, MI
$5.1M
Bannual revenue
Community
Accounting Aid Society
Detroit, MI
$4.5M
Bannual revenue
Community
Start Garden LLC
Grand Rapids, MI
$4.5M
Bannual revenue
Compare Wayne State Univ Research & Techno- Logy Park In the City of Detroit
Frequently asked questions
- Is Wayne State Univ Research & Techno- Logy Park In the City of Detroit a legitimate nonprofit?
- Yes. Wayne State Univ Research & Techno- Logy Park In the City of Detroit is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-2061387, based in Detroit, Michigan. Donations are tax-deductible.
- What is Wayne State Univ Research & Techno- Logy Park In the City of Detroit's EIN?
- Wayne State Univ Research & Techno- Logy Park In the City of Detroit's Employer Identification Number (EIN) is 41-2061387.
- How much revenue does Wayne State Univ Research & Techno- Logy Park In the City of Detroit report?
- Wayne State Univ Research & Techno- Logy Park In the City of Detroit reported $4,808,210 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wayne State Univ Research & Techno- Logy Park In the City of Detroit have?
- CharityIndex grades Wayne State Univ Research & Techno- Logy Park In the City of Detroit D, based on financial health (reserves and operating margin).
More nonprofits in Detroit
Explore more
Data for Wayne State Univ Research & Techno- Logy Park In the City of Detroit (EIN 41-2061387) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.