Totals
- Total revenue
- $458,774
- Total expenses
- $459,735
- Contributions and grants received
- $370,599
- Grants paid
- $0
- Program service revenue
- $88,174
- Investment income
- $1
- Other revenue
- $0
- Total assets, end of year
- $27,667
- Total liabilities, end of year
- $6,015
- Net assets or fund balances, end of year
- $21,652
- Program services expenses (Part IX)
- $355,505
- Management and general expenses
- $102,456
- Fundraising expenses
- $1,774
- Program service expenses (Part III)
- $355,505
Program services were 77.3% 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.
-
1e · Government grants (contributions)
$370,599
-
1g · Noncash contributions included above
$287,775
-
2a · Program service revenue: PROGRAM REVENUE
total $88,174 · related or exempt $88,174
-
3 · Investment income
total $1 · related or exempt $1
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $50,550 · management and general $50,550
-
9 · Other employee benefits
total $414 · management and general $414
-
10 · Payroll taxes
total $3,923 · management and general $3,923
-
11c · Fees: accounting
total $7,574 · management and general $7,574
-
11g · Fees: other
total $21,650 · management and general $21,650
-
13 · Office expenses
total $1,259 · management and general $1,259
-
16 · Occupancy
total $1,890 · management and general $1,890
-
17 · Travel
total $1,011 · management and general $1,011
-
19 · Conferences, conventions and meetings
total $3,846 · management and general $3,590 · fundraising $256
-
23 · Insurance
total $2,058 · management and general $2,058
-
24a · Other expenses: PROGRAM SPACE RENTAL
total $202,450 · program services $202,450
-
24b · Other expenses: INTERN STUDENT STIPENDS
total $86,882 · program services $86,882
-
24c · Other expenses: PROGRAM FOOD AND SNACKS
total $19,143 · program services $19,143
-
24d · Other expenses: PROGRAM TRANSPORTATION
total $15,149 · program services $15,149
-
24e · All other expenses
total $41,936 · program services $31,881 · management and general $8,537 · fundraising $1,518
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $30,584 · end of year $20,261
-
4 · Accounts receivable
end of year $1,202
-
15 · Other assets
end of year $6,204
-
17 · Accounts payable and accrued expenses
beginning of year $3,560 · end of year $2,934
-
25 · Other liabilities
end of year $3,081
-
27 · Net assets without donor restrictions
beginning of year $27,024 · end of year $21,652
Mission and programs · 2024
Mission
YOUTHTANK IS A NON-PROFIT STARTUP INCUBATOR FOR STUDENT-LED BUSINESSES IN DETROIT. WE EMBED OUR ENTREPRENEURIAL STUDIOS IN DETROIT SCHOOLS AND NEIGHBORHOODS. WE USE ACTION-BASED REAL WORLD BUSINESS CHALLENGES EMPOWER HIGH SCHOOL STUDENTS WITH CAREER-READY SKILLS. RESEARCH SHOWS THAT EFFECTIVE CAREER ACADEMIES IMPROVE SOCIO-ECONOMIC OUTCOMES. YOUTH IN DETROIT DESERVE SUPPORT TO FULLY ACCESS MULTIPLE PATHWAYS TO CAREER.
-
MOBILITY LEADSERSHIP LAB (SCHOOL YEAR).
Expenses $316,443 · Revenue $50,500
-
MOBILITY SUMMIT.
Expenses $31,424 · Revenue $22,674
-
OTHER PROGRAMS.
Expenses $7,638 · Revenue $15,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Holly AridaHOLLY ARIDA
EXECUTIVE DI
- Total calculated
- $42,800
- From this org
- $42,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Margo CargillMARGO CARGILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alex DavidALEX DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Joscelyn DavisJOSCELYN DAVIS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Miah DavisMIAH DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Wyatt DudgeonWYATT DUDGEON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Jamie FaliskiJAMIE FALISKI
PROGRAM DIRE
- Total calculated
- $0
- Hours/week
- 12
-
Louis MagidsonLOUIS MAGIDSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Madala MathurinMADALA MATHURIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Neale MunizNEALE MUNIZ
ASSIST PROG.
- Total calculated
- $0
- Hours/week
- 10
-
Matthew WarrenMATTHEW WARREN
PROGRAM CHAI
- Total calculated
- $0
- Hours/week
- 1
-
Torri MathesTORRI MATHES
BOARD SECRET
- Total calculated
- $0
- Hours/week
- 2
-
Todd WrightTODD WRIGHT
BOARD TREASU
- Total calculated
- $0
- Hours/week
- 3
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 June 2025
- IRS schema version
- 2024v5.0
- Source object
- 202521719349300212
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