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Nonprofiteer
← DETROIT AUTO DEALERS ASSOCIATIONEDUCATION FOUNDATION INC

Form 990 for tax year 2023

Filed by DETROIT AUTO DEALERS ASSOCIATIONEDUCATION FOUNDATION INC.

Totals

Total revenue
$221,245
Total expenses
$600,709
Contributions and grants received
$131,394
Grants paid
$0
Program service revenue
$0
Investment income
$89,851
Other revenue
$0
Total assets, end of year
$2,602,825
Total liabilities, end of year
$239,525
Net assets or fund balances, end of year
$2,363,300
Program services expenses (Part IX)
$600,709
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$600,709

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $131,394

  • 3 · Investment income

    total $89,851 · related or exempt $89,851

Functional expenses

Part IX, the statement of functional expenses.

  • 24a · Other expenses: OUTSIDE SERVICES

    total $307,674 · program services $307,674

  • 24b · Other expenses: SCHOLARSHIPS

    total $248,173 · program services $248,173

  • 24c · Other expenses: MEETINGS

    total $32,459 · program services $32,459

  • 24d · Other expenses: SUPPLIES

    total $11,162 · program services $11,162

  • 24e · All other expenses

    total $1,241 · program services $1,241

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,886,801 · end of year $240,024

  • 2 · Savings and temporary cash investments

    end of year $2,348,351

  • 4 · Accounts receivable

    beginning of year $14,450 · end of year $14,450

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,383

  • 17 · Accounts payable and accrued expenses

    beginning of year $160,870 · end of year $239,525

  • 27 · Net assets without donor restrictions

    beginning of year $2,742,764 · end of year $2,363,300

Mission and programs · 2023

Mission

SUPPORTING ORGANIZATION OF DADA (FED. ID 38/0477180) AND DADA-CHARITY PREVIEW (FED. ID 38-3435764). THE MISSION OF THE DADA EDUCATIONAL FOUNDATION IS TO PROMOTE EXCELLENCE IN EDUCATION THROUGH QUALITY PROGRAMS AND LEADERSHIP. THE MISSION OF THE DADA-CHARITY PREVIEW IS HOLD A FUNDRAISING EVENT TO COLLECT THE RELATED PROCEEDS AND TO MAKE GRANTS TO VARIOUS PUBLIC CHARITIES.

  • PROMOTED EXCELLENCE IN EDUCATION THROUGH QUALITY PROGRAMS AND LEADERSHIP. INFLUENCED PROGRAMS RELATED TO UNDERAGE DRINKING; ALLOWING HIGH SCHOOL STUDENTS TO COMPETE IN CREATING EDUCATIONAL COMMERCIALS WARNING YOUNGER MIDDLE SCHOOL STUDENTS ABOUT THE POTENTIAL NEGATIVE EFFECTS OF UNDERAGE DRINKING.

  • PROMOTED EXCELLENCE IN EDUCATION THROUGH QUALITY PROGRAMS AND LEADERSHIP. INFLUENCED PROGRAMS RELATED TO UNDERAGE DRINKING; ALLOWING HIGH SCHOOL STUDENTS TO COMPETE IN CREATING EDUCATIONAL COMMERCIALS WARNING YOUNGER MIDDLE SCHOOL STUDENTS ABOUT THE POTENTIAL NEGATIVE EFFECTS OF UNDERAGE DRINKING.

    Expenses $600,709

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rod Alberts

    DIRECTOR

    Total calculated
    $0

  • Joseph Lunghamer

    DIRECTOR

    Total calculated
    $0

  • Thad Szott

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202443199349307864

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