Totals
- Total revenue
- $4,550,837
- Total expenses
- $4,215,795
- Contributions and grants received
- $4,813,810
- Grants paid
- $1,942,778
- Program service revenue
- $0
- Investment income
- $54,125
- Other revenue
- -$317,098
- Total assets, end of year
- $4,366,327
- Total liabilities, end of year
- $127,777
- Net assets or fund balances, end of year
- $4,238,550
- Program services expenses (Part IX)
- $3,296,775
- Management and general expenses
- $571,396
- Fundraising expenses
- $347,624
- Program service expenses (Part III)
- $3,296,775
Program services were 78.2% 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.
-
1c · Fundraising events
$1,215,953
-
1f · All other contributions, gifts and grants
$3,597,857
-
3 · Investment income
total $54,793 · excluded $54,793
-
7b · Less cost or other basis and sales expenses
securities $668
-
7c · Gain or loss
securities -$668
-
7d · Net gain or loss
total -$668 · excluded -$668
-
8a · Fundraising events: gross income
$54,660
-
8a · Fundraising events: contributions included on line 1c
$1,215,953
-
8b · Fundraising events: direct expenses
$371,758
-
8c · Net income from fundraising events
total -$317,098 · excluded -$317,098
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,942,778 · program services $1,942,778
-
5 · Compensation of officers, directors and key employees
total $436,511 · program services $303,467 · management and general $84,664 · fundraising $48,380
-
7 · Other salaries and wages
total $334,204 · program services $98,259 · management and general $58,444 · fundraising $177,501
-
9 · Other employee benefits
total $68,000 · program services $20,528 · management and general $10,615 · fundraising $36,857
-
10 · Payroll taxes
total $50,534 · program services $19,941 · management and general $18,185 · fundraising $12,408
-
11c · Fees: accounting
total $54,544 · management and general $54,544
-
11d · Fees: lobbying
total $60,000 · program services $60,000
-
11g · Fees: other
total $125,692 · management and general $79,567 · fundraising $46,125
-
12 · Advertising and promotion
total $501 · fundraising $501
-
13 · Office expenses
total $233,718 · program services $13,033 · management and general $218,910 · fundraising $1,775
-
14 · Information technology
total $137,927 · program services $87,794 · management and general $36,805 · fundraising $13,328
-
19 · Conferences, conventions and meetings
total $43,339 · program services $35,486 · management and general $5,927 · fundraising $1,926
-
23 · Insurance
total $5,870 · program services $2,805 · management and general $1,078 · fundraising $1,987
-
24a · Other expenses: CONTRACT SERVICES
total $712,684 · program services $712,684
-
24b · Other expenses: BANK FEES
total $9,493 · management and general $2,657 · fundraising $6,836
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,300,639 · end of year $917,677
-
2 · Savings and temporary cash investments
beginning of year $1,000,000 · end of year $2,168,697
-
3 · Pledges and grants receivable
beginning of year $2,268,328 · end of year $1,116,667
-
4 · Accounts receivable
beginning of year $152,596 · end of year $95,000
-
9 · Prepaid expenses and deferred charges
beginning of year $43,049 · end of year $68,286
-
17 · Accounts payable and accrued expenses
beginning of year $71,771 · end of year $127,777
-
18 · Grants payable
beginning of year $795,333 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,472,029 · end of year $3,026,883
-
28 · Net assets with donor restrictions
beginning of year $2,425,479 · end of year $1,211,667
Mission and programs · 2022
Mission
THE MISSION OF THE DETROIT CHILDREN'S FUND IS TO MAKE HIGH-POTENTIAL INVESTMENTS TO EXPAND SUCCESSFUL SCHOOLS, GREATLY IMPROVE LOWER PERFORMING SCHOOLS, AND DISCOVER AND DEVELOP TALENTED EDUCATORS SO THAT EVERY CHILD IN DETROIT HAS THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION.
Activities or mission (Part I)
THE DETROIT CHILDREN'S FUND IS A NONPROFIT ORGANIZATION THAT MAKES HIGH-POTENTIAL INVESTMENTS TO EXPAND SUCCESSFUL SCHOOLS, GREATLY IMPROVE LOWER PERFORMING SCHOOLS, AND DISCOVER AND DEVELOP TALENTED EDUCATORS SO THAT EVERY CHILD IN DETROIT HAS THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION.
-
SUPPORT FOR SCHOOL COLLABORATION COLLECTIVE (SC2), SUPPORT PILOT OF FOUR QUALIFYING SCHOOLS PROVIDING HOLISTIC, LONG TERM, TARGETED STRATEGIC INVESTMENTS AND FINANCIAL SUPPORT. SC2 SUPPORTS TEACHERS AND LEADERS AT IMPROVING SCHOOLS TO GIVE MORE DETROIT CHILDREN THE OPPORTUNITY TO RECEIVE QUALITY EDUCATION.
Expenses $1,576,961 · Grants $917,478
-
SUPPORT FOR MODEL SCHOOLS, SUPPORT BY IMPROVING COACHING FOR LEADERSHIP TEAMS, MASTER TEACHERS AND TEACHERS FOR THE ELA AND MATH CURRICULA AT THE 16 K-8 SCHOOLS FOR THE 2022-2023 SCHOOL YEAR, AND FOCUS ON DEVELOPING THE STRATEGIC PARTNERSHIP SCHOOLS.
Expenses $922,500 · Grants $922,500
-
PROFESSIONAL INNOVATORS IN TEACHING (A PROGRAM CREATED BY MAPSA) IS A STATE-APPROVED MICHIGAN ALTERNATIVE TEACHER CERTIFICATION PROGRAM. IT IS DESIGNED TO ADDRESS THE CURRENT TEACHER SHORTAGES. THROUGH THE PROGRAM, CANDIDATES ARE PROVIDED SCHOLARSHIPS, SUPPORT, AND COACHING TO SUCCESSFULLY PASS THEIR MTTC AND OBTAIN TEACHER CERTIFICATION.
Expenses $75,000 · Grants $75,000
-
SUPPORT TO SUCCESSFULLY RECRUIT AND SUPPORT THE LAUNCH OF KIPP DETROIT.
Expenses $38,500
-
OTHER PROGRAM SERVICES
Expenses $683,814 · Grants $27,800
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kc CrainKC CRAIN
BOARD CHAIR, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tonya AllenTONYA ALLEN
SECRETARY, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jason TinsleyJASON TINSLEY
TREASURER, DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ryan MaibachRYAN MAIBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Adam LevinsonADAM LEVINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil CooleyPHIL COOLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arn TellemARN TELLEM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelle IlitchKELLE ILITCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill EmersonBILL EMERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany DouglasTIFFANY DOUGLAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony BarraTONY BARRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jesse VenegasJESSE VENEGAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darienne DriverDARIENNE DRIVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anup PopatANUP POPAT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ray ScottRAY SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Craig BuchholzCRAIG BUCHHOLZ
DIRECTOR - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Wright Lassiter IIIWRIGHT LASSITER III
DIRECTOR - PART YEAR
- Total calculated
- $0
- Hours/week
- 1
-
Nick KarmanosNICK KARMANOS
PARTNER
- Total calculated
- $228,270
- From this org
- $177,299
- From related orgs
- $0
- Other
- $50,971
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,838
- Bonus
- $0
- Other
- $1,461
- Deferred
- $14,067
- Nontaxable benefits
- $36,904
- Filer's total
- $228,270
-
Latwila Ainsworth-ComfortLATWILA AINSWORTH-COMFORT
PARTNER
- Total calculated
- $167,958
- From this org
- $136,307
- From related orgs
- $0
- Other
- $31,651
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $114,035
- Bonus
- $10,154
- Other
- $12,118
- Deferred
- $10,827
- Nontaxable benefits
- $20,824
- Filer's total
- $167,958
-
Lisa LaurinLISA LAURIN
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $142,794
- From this org
- $114,110
- From related orgs
- $0
- Other
- $28,684
- Hours/week
- 40
-
Misha StredrickMISHA STREDRICK
ACHIEVEMENT DIRECTOR - THRU 9/19/22
- Total calculated
- $111,057
- From this org
- $107,455
- From related orgs
- $0
- Other
- $3,602
- Hours/week
- 40
-
Tui RoperTUI ROPER
FORMER PARTNER - THRU 6/29/22
- Total calculated
- $279,320
- From this org
- $273,599
- From related orgs
- $0
- Other
- $5,721
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $258,418
- Bonus
- $0
- Other
- $15,181
- Deferred
- $3,321
- Nontaxable benefits
- $2,400
- Filer's total
- $279,320
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 1b · Written policy on the line-1a expenses
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- MONTHLY CLUB DUES TO THE DETROIT ATHLETIC CLUB ARE PAID FOR CEO & PARTNER, NICK KARMANOS. THE AMOUNT IS TREATED AS A NONTAXABLE BENEFIT AS THE MEMBERSHIP IS USED FOR DONOR MEETINGS AND EVENTS. ANY PERSONAL USE OF THE MEMBERSHIP REIMBURSEMENT IS REIMBURSED BY NICK KARMANOS TO DCF.
- PART I, LINE 1B
- THERE IS NOT A FORMAL WRITTEN POLICY REGARDING THE PAYMENT OF THE CLUB DUES PAID BY DCF FOR NICK KARMANOS. HOWEVER, KARMANOS RECEIVES EMAIL APPROVAL FROM BOARD CHAIR, K.C. CRAIN, FOR REIMBURSEMENT OF THE DUES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
DETROIT PUBLIC SCHOOLS FOUNDATION
$437,500
MODEL SCHOOLS PROJECT, TRAIN EL AND GREAT MINDS COACHES
-
DETROIT ACADEMY OF ARTS & SCIENCE
$385,000
PROVIDE FOUNDATIONAL TOOLS AND SUPPORT TO STAFF AND STUDENTS; RETENTION BONUSES
-
$242,500
PRINCIPAL AND TEACHER COACHING/DEVELOPMENT
-
GREAT MINDS PBC
$242,500
PRINCIPAL AND TEACHER COACHING/DEVELOPMENT
-
JALEN ROSE LEADERSHIP ACADEMY
$216,828
PROVIDE FOUNDATIONAL TOOLS AND SUPPORT TO STAFF AND STUDENTS; SENIOR STUDENT AND GRADUATING SENIOR LAPTOPS; RETENTION BONUSES
-
ESCUELA AVANCEMOS ACADEMY
$135,250
PROVIDE FOUNDATIONAL TOOLS AND SUPPORT TO STAFF AND STUDENTS; RETENTION BONUSES
-
PLYMOUTH EDUCATIONAL CENTER
$128,500
PROFESSIONAL DEVELOPMENT, COACHING, IMPROVE STUDENT ATTENDANCE; RETENTION BONUSES
-
$75,000
SCHOLARSHIPS, COACHING TO PASS TEACHER CERTIFICATION
-
DETROIT PUBLIC SCHOOLS COMMUNITY DISTRICT
$59,700
PLACE CORE ELEMENTS IN MUMFORD HIGH SCHOOL: TECHNOLOGY, FURNITURE, DCOR
-
NEW PARADIGM FOR EDUCATION INC
$20,000
TRANSPORTATION
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400679349300410
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.