The foundation provides four-year scholarships to low-income students. The foundation also has a mentoring program that serves 40 students.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$548K
+22.2% YoY
Revenue
$260K
+170.8% YoY
Net Investment Income
—
Expenses
$221K
+182.8% YoY
About Detroit Omega Foundation Incorporated
Based on IRS filings
Detroit Omega Foundation Incorporated is a nonprofit organization focused on Education, based in SOUTHFIELD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $548K in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $548,362 | $448,792 | $451,018 |
| Revenue | $259,940 | $95,997 | $464,687 |
| Expenses | $220,606 | $78,009 | $184,946 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | $400,538 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
2 open opportunities from Detroit Omega Foundation Incorporated
SMOFI Mentorship Program
DETROIT OMEGA FOUNDATION INCORPORATED
Amount
Up to $5,000 per program (4 male mentoring programs anticipated to receive funding)
Deadline
Rolling / Open
SMOFI Scholarship Program
DETROIT OMEGA FOUNDATION INCORPORATED
Amount
$1,500 per year, renewable for up to 3 consecutive additional years (total $6,000 over 4 years)
Deadline
April 11, 2027
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Benjamin Bohannon | President | 8 | — |
| Lynn Sanders | Vice President | 6 | — |
| Evester Carter Jr | Treasurer | 6 | — |
| Derrick Register | Director | 1 | — |
| Glenn McIntosh | Director | 1 | — |
| Dana Greene | Secretary | 4 | — |
| Harold Tyler | Director | 2 | — |
| David Forney | Director | 1 | — |
| Edwynn Bell | Director | 2 | — |
| Lester Thomas | Director | 2 | — |
| Rod Walker | Director | 2 | — |
| Al Smith | Director | 2 | — |
| Anthony Smith | Director | 2 | — |
| Carlos Spearman | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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