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Michigan · Nonprofit

HAZEL PARK PROMISE ZONE AUTHORITY

HAZEL PARK PROMISE ZONE AUTHORITY (Michigan) receives grants from 6 organizations whose IRS filings report $812,390 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($480,000). 4 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$952k
Funders on record
6
Grants received
$812k
Net assets
$2.1M
4/6 repeat funderspeak grant-dependency 29%
01What it does

What Hazel Park Promise Zone Authority does

Mission

The Hazel Park Promise Zone Authority provides financial assistance and other forms of academic-achievement support to assist students of the Hazel Park School District in pursuing higher education at an accredited college, university or trade program.

As stated on its FY2024 Form 990.

Program

  1. The Hazel Park Promise Zone Authority provides financial assistance and other forms of academic-achievement support to assist students of the Hazel Park School District in pursuing higher education at an accredited college or university or skilled trade program.

    $301,680 spentof which $146,327 as grants$827,347 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $301,680.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($200k) Expenses 100 ($194k) Net assets 100 ($363k)2018 Revenue 150 ($300k) Expenses 63 ($122k) Net assets 149 ($541k)2019 Revenue 120 ($240k) Expenses 146 ($283k) Net assets 137 ($499k)2020 Revenue 212 ($424k) Expenses 149 ($289k) Net assets 174 ($634k)2021 Revenue 233 ($465k) Expenses 134 ($260k) Net assets 231 ($839k)2022 Revenue 316 ($631k) Expenses 177 ($343k) Net assets 310 ($1.1M)2023 Revenue 407 ($813k) Expenses 179 ($346k) Net assets 439 ($1.6M)2024 Revenue 476 ($952k) Expenses 232 ($450k) Net assets 577 ($2.1M)
'17'18'19'20'21'22'23'24
Revenue (476)Expenses (232)Net assets (577)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.6M to $2.1M (+31%).

$366k
$544k
$502k
$660k
$846k
$1.1M
$1.6M
$2.1M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 28% · 2019 58% · 2020 48% · 2021 57% · 2022 54% · 2023 57% · 2024 62%. Grants only. Government contracts and fees sit inside program revenue.

100% of HAZEL PARK PROMISE ZONE AUTHORITY’s revenue is contributions — more reliant on donations than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$6k
’17
$178k
’18
−$42k
’19
$135k
’20
$205k
’21
$287k
’22
$467k
’23
$502k
’24
55
months of
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.

'17'18'19'20'21'22'23'24
Listed1010111114131313
Joined·+0+1+4+3+0+1+0
No longer listed·0040110
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $141k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 60% 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 HAZEL PARK PROMISE ZONE AUTHORITY’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

HAZEL PARK PROMISE ZONE AUTHORITY leans on a few funders — its largest provides 59% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 HAZEL PARK PROMISE ZONE AUTHORITY.

59%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 79% · 2021 100% · 2022 100% · 2023 64% — diversifying over time.

“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

60% of HAZEL PARK PROMISE ZONE AUTHORITY'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 $326k that is directly attributable, 100% of it comes from Michigan funders.

MI

In-state vs out-of-state, by year

’18
’20
’23
Michigan out of state home

Funder states come from each funder’s own filing. $486k arriving through sponsors registered in 3 states 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.

04Its place in the field

Against its field

HAZEL PARK PROMISE ZONE AUTHORITY runs a healthier operating margin than three-quarters of the 22,812 education nonprofits its size.

Operating margin53% · top quartile
Months of reserve54.8mo · top quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 22,812 education nonprofits $100k–$1M, FY2024

Organizations like HAZEL PARK PROMISE ZONE AUTHORITY

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for HAZEL PARK PROMISE ZONE AUTHORITY: 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.

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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 HAZEL PARK PROMISE ZONE AUTHORITY?
HAZEL PARK PROMISE ZONE AUTHORITY (Michigan) receives grants from 6 organizations whose IRS filings report $812,390 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($480,000). 4 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does HAZEL PARK PROMISE ZONE AUTHORITY have?
IRS filings report 6 organizations giving $812,390 in grants to HAZEL PARK PROMISE ZONE AUTHORITY, 4 of which have funded it in more than one year.
Who is the largest funder of HAZEL PARK PROMISE ZONE AUTHORITY?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $480,000 in grants. The full list of funders is on this page.
How can an organization like HAZEL PARK PROMISE ZONE AUTHORITY 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 Hazel Park Promise Zone Authority →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 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