Michigan · Public charity
Prosperus Detroit Micro Lending
ProsperUs advances economic equity in under-resourced communities by supporting entrepreneurs with opportunities and capital needed to build businesses, generational wealth, and vibrant neighborhoods.
- $470k
- Granted FY2024(still arriving)
- 8
- Itemized grants FY2024
- 7
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2024
- $429k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $54,445
- Largest grant, FY2024
- $120,019
- Organizations funded a year
- 7 to 28
- FY2021 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $4.6M
How open it is to new grantees
In FY2023, 100% of the organizations Prosperus Detroit Micro Lending funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $83k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 8 | $429k | 88% |
| FY2023 | 7 | $83k | 100% |
| FY2022 | 13 | $194k | 100% |
| FY2021 | 28 | $658k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.
Top grantees
Largest recipients by total granted, FY2021 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Ferris Wheel Innovation Center | $120,019 | 1 | 9% |
| Metro Detroit Black Chamber of Commerce Foundation | $61,016 | 1 | 3% |
| Global Detroit | $60,000 | 2 | 1% |
| Detroit Future Opps | $55,150 | 1 | n/a |
| Grand Rapids Urban League | $54,445 | 1 | 1% |
| Mike's Fresh Market Inc | $50,000 | 1 | n/a |
| Grand Rapids Area Chamber of Commerce Inc | $49,885 | 1 | n/a |
| Grand Rapids Black Business League | $37,213 | 1 | n/a |
| Above and Beyond Learning Child Care Center | $25,000 | 1 | n/a |
| The Theater Group II Inc | $25,000 | 1 | n/a |
Show all 55 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Ferris Wheel Innovation Center | $120,019 | 1 | 9% |
| Metro Detroit Black Chamber of Commerce Foundation | $61,016 | 1 | 3% |
| Global Detroit | $60,000 | 2 | 1% |
| Detroit Future Opps | $55,150 | 1 | n/a |
| Grand Rapids Urban League | $54,445 | 1 | 1% |
| Mike's Fresh Market Inc | $50,000 | 1 | n/a |
| Grand Rapids Area Chamber of Commerce Inc | $49,885 | 1 | n/a |
| Grand Rapids Black Business League | $37,213 | 1 | n/a |
| Above and Beyond Learning Child Care Center | $25,000 | 1 | n/a |
| The Theater Group II Inc | $25,000 | 1 | n/a |
| Demitart Detroit LLC | $25,000 | 1 | n/a |
| The Kitchen by Cooking with Que | $25,000 | 1 | n/a |
| Source Bookellers LLC | $25,000 | 1 | n/a |
| Signe LLC | $25,000 | 1 | n/a |
| Supino Pizzeria | $25,000 | 1 | n/a |
| Renneth A Johnson Johnson and Co | $25,000 | 1 | n/a |
| Baker's Keyboard Lounge | $25,000 | 1 | n/a |
| LeeAnne Luxury Bridal Boutique | $25,000 | 1 | n/a |
| SPA A Peel Studio | $25,000 | 1 | n/a |
| The Shop Screenprinting | $25,000 | 1 | n/a |
| Anne Llewellyn LLC | $25,000 | 1 | n/a |
| Metro Detroit Barber College | $25,000 | 1 | 6% |
| Juicing With Jai LLC | $25,000 | 1 | n/a |
| Art In Motion | $25,000 | 1 | n/a |
| Detroit Vegan Soul | $25,000 | 1 | n/a |
| Riverfront Building Supply | $25,000 | 1 | n/a |
| Lotus Essences LLC | $25,000 | 1 | n/a |
| Triangle Hardware Inc | $25,000 | 1 | n/a |
| Mangonadas Del Barrio LLC | $25,000 | 1 | n/a |
| Eatetica Unisex Latina | $25,000 | 1 | n/a |
| Ivy Kitchen | $25,000 | 1 | n/a |
| Inkster Public Library dba Leanna Hicks Public Library | $20,000 | 1 | n/a |
| Central Detroit Christian Community Development Corporation | $20,000 | 1 | 0% |
| Grace in Action Collectives | $20,000 | 1 | 5% |
| Dream of Detroit | $20,000 | 1 | 4% |
| Grandmont Rosedale Development Corp | $20,000 | 1 | 2% |
| Cody Rouge Community Action Alliance | $20,000 | 1 | 1% |
| Global African Business Association | $20,000 | 1 | n/a |
| Warrenconner Development Coalition | $20,000 | 1 | 1% |
| The Michigan Women's Foundation | $11,462 | 1 | 0% |
| Finding Our Roots | $10,000 | 1 | n/a |
| Osborn Neighborhood Alliance | $10,000 | 1 | 2% |
| Paradise Natural Foods LLC | $10,000 | 1 | n/a |
| The Great Divine Center | $10,000 | 1 | n/a |
| DZ Management Company LLC | $10,000 | 1 | n/a |
| Accounting Aid Society | $10,000 | 1 | 0% |
| Spectacle Society LLC | $10,000 | 1 | n/a |
| Weeats Catering for All Occassions | $8,000 | 1 | n/a |
| Abrazeltons Floral LLC | $7,500 | 1 | n/a |
| Auto Rejuvenators LLC | $7,500 | 1 | n/a |
| Deeply Rooted LLC | $7,500 | 1 | n/a |
| Lloyd Hogan | $7,500 | 1 | n/a |
| White Construction | $7,500 | 1 | n/a |
| Nw Goldberg Cares Inc | $7,500 | 1 | 2% |
| Lebrons Catering Company | $6,000 | 1 | n/a |
Where it is load-bearing
Each grantee by its size and the share of its budget Prosperus Detroit Micro Lending supplied at peak.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Community Foundation for Southeast Michigan · Detroit Economic Growth Association · The Skillman Foundation · The Kresge Foundation · United Way for Southeastern Michigan · Comerica Charitable Foundation · WK Kellogg Foundation · DTE Energy Foundation · Enterprise Community Partners Inc · The Ford Foundation · Community Development Advocates of Detroit · The Gilbert Family Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Prosperus Detroit Micro Lending?
Find your warmest path to Prosperus Detroit Micro Lending through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Prosperus Detroit Micro Lending
- How much does Prosperus Detroit Micro Lending give?
- Prosperus Detroit Micro Lending reported 8 itemized grants totaling $429,190, out of $469,929 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 7 and 28 organizations a year over FY2021 to FY2023.
- What does Prosperus Detroit Micro Lending fund?
- By grant dollars over FY2021 to FY2024, its largest causes are Community Improvement (42%), Food & Nutrition (15%), Arts & Culture (10%).
- Who are Prosperus Detroit Micro Lending's largest grantees?
- By total granted over FY2021 to FY2024: Ferris Wheel Innovation Center ($120k), Metro Detroit Black Chamber of Commerce Foundation ($61k), Global Detroit ($60k).
- Does Prosperus Detroit Micro Lending fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Prosperus Detroit Micro Lending?
- Its strongest co-funders, measured against what their size predicts, include Community Foundation for Southeast Michigan, Detroit Economic Growth Association, The Skillman Foundation.
- Where is Prosperus Detroit Micro Lending based?
- Prosperus Detroit Micro Lending is based in MI.
Play a game based on Prosperus Detroit Micro Lending’s filings →