Mission
Black Leaders Detroit aims to diminish economic disparities by providing the financial support that has been lacking for Detroiters of African descent, who represent over 80% of the city's population. The organization fosters entrepreneurial success through no-interest loans and grants, empowering the community to uplift businesses and promote equity.
Basic Information
Tax-Exempt
Founded in
2019
EIN
84-2514445
Total Assets
$1.055 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
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Ride For Equity: Road to Reparations
A journey from Black Wall Street in Tulsa to Wall Street in New York, championing equity.
Black Business Directory
A compiled directory of Black businesses in Metro Detroit to promote local economic growth.
Community Support
Supporting diverse social and community impact projects led by people of African descent.
Impact Stats
$3,861,500
Total funds distributed
Funding Distribution
Distributed to businesses and organizations led by Detroiters of African descent.
Upcoming Events
2025 Ride For Equity
2025-06-01
Join us for a powerful journey promoting equity and supporting Black-owned businesses.
Learn MoreOur Programs
No Interest Loan Program
A program providing financial loans at zero percent interest to empower Black-owned businesses.
Learn MoreVolunteer Opportunities
Community Volunteer Support
Assist with events, outreach, and initiatives to empower entrepreneurs of African descent.
Learn MoreImpact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
57
50
/100
Program Expense Ratio
60.00%
4
/20
Program Revenue Growth
0.00%
2
/20
Leverage Ratio
0.1453
16
/20
Working Capital Ratio
1.114
10
/20
Fundraising Efficiency
0.2137
18
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.34M | 100.00% |
| Program Services | 0 | 0.00% |
| Investment Income | 0 | 0.00% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 1.34M | 100.00% |
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