DETROIT PREP QALICB
DETROIT, MIEIN: 83-1321794
Data sourced from IRS 990 public filings
DETROIT PREP QALICB DETROIT PREP QALICB IS A NON-PROFIT MICHIGAN CORPORATION WHICH WAS ORGANIZED TO OBTAIN FINANCING AND REFURBISH A FORMER DETROIT PUBLIC SCHOOL BUILDING AND LEASE THESE FACILITIES TO THE DETROIT ACHIEVEMENT ACADEMY.
DETROIT PREP QALICB has received 2 grants from 2 known foundation funders. Revenue increased from -$337,128 in 2024 to $3,992,097 in 2025. Most recent reported revenue: $3,992,097.
Annual Revenue
$3,992,097
Known Funders
2
Grants Received
2
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3,992,097 | $2,545,027 | $0 |
| 2024 | -$337,128 | $0 | $4,550,811 |
| 2023 | -$342,813 | — | $4,844,189 |
| 2022 | -$346,992 | — | $5,189,628 |
| 2021 | -$340,726 | — | $5,533,996 |
| 2020 | -$345,840 | — | $5,874,721 |
Top Funders
PERKINS MALO HUNTER FOUNDATION
HOLLAND, MI
$90,000 (2023)
GALENCHER NAGY FOUNDATION INC
BLOOMFIELD HILLS, MI
$10,000 (2021)
Key Personnel
From 2025 IRS 990 filing
G
GREG DEMATRA
TREASURER
Officer
K
KYLE SMITLEY
PRESIDENT
Officer
J
JARED STASIK
SECRETARY
Officer
Frequently Asked Questions
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