Michigan · Nonprofit
Detroit LGBT Chamber Fund Inc
Detroit LGBT Chamber Fund Inc (Michigan) receives grants from 3 organizations whose IRS filings report $208,250 to it, the largest being COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN ($201,000). 1 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $204k
- Funders on record
- 3
- Grants received
- $208k
- Net assets
- $105k
What Detroit LGBT Chamber Fund Inc does
Mission
Providing education to LGBTQ business and allies in the grater Detroit, Michigan region.
As stated on its FY2024 Form 990.
Programs
Queer Equity Impact Program: A 12-week business accelerator for LGBTQ business owners that will cover the most impactful aspects of business from Ideation to capital ready. In-person classes are every other week. Free for businesses to participate. Leaders in the field teach each class. Grant award opportunity at completion. $10,000 Pitch competition qualifying upon completion. Completed the fourth cohorts. We host 2 cohorts a year. Fall & Spring Business Summits COLOURS Spring LGBT Business Summit focuses on business landscape and contracting opportunities. It covers scaling businesses, benefits of LGBTQ Business Certification, and includes matchmakers and sessions. This all-day event features 100 professionals and business owners, 4-5 workshops, and multiple networking opportunities with corporate partners and leaders.While the Fall Summit highlights efforts in corporate and government landscapes. It previews upcoming initiatives and workforce adaptations. The event offers best practices, suggestions, and technical assistance for small businesses, including legal, HR, and marketing advice.
$91,120 spent67% of program spendingCOLOURS Pride Awards Gala: Our biggest event, this gala raises grant funds for new and growing LGBTQ-owned businesses and provides training and resources for youth in Metro Detroit. Focusing on intersectionality, we invest in businesses at pivotal growth moments. We aim to increase capital, capacity, customers, and certified LGBTQ businesses, while supporting future LGBTQ entrepreneurs, leaders and allies. The evening features five awards and highlights businesses and leaders. During the Gala, we host a pitch competition for one lucky business who will walk away with $10,000 for their business.
$45,469 spent33% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $136,589.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $51k to $83k (+63%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of Detroit LGBT Chamber Fund Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kevin T Heard
President and Executive Director
Board chair
Dorian Grey fka Hooker
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $3k → $100k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 97% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Detroit LGBT Chamber Fund Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Detroit LGBT Chamber Fund Inc leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Detroit LGBT Chamber Fund Inc.
Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
97% of Detroit LGBT Chamber Fund Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $7k that is directly attributable, 66% of it comes from funders outside Michigan, across 2 states.
Funder states come from each funder’s own filing. $201k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Detroit LGBT Chamber Fund Inc has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like Detroit LGBT Chamber Fund Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Detroit LGBT Chamber Fund Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Detroit LGBT Chamber Fund Inc?
- Detroit LGBT Chamber Fund Inc (Michigan) receives grants from 3 organizations whose IRS filings report $208,250 to it, the largest being COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN ($201,000). 1 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Detroit LGBT Chamber Fund Inc have?
- IRS filings report 3 organizations giving $208,250 in grants to Detroit LGBT Chamber Fund Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of Detroit LGBT Chamber Fund Inc?
- COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN is the largest funder on record, with $201,000 in grants. The full list of funders is on this page.
- How can an organization like Detroit LGBT Chamber Fund Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Detroit LGBT Chamber →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing