Totals
- Total revenue
- $204,350
- Total expenses
- $185,760
- Contributions and grants received
- $198,430
- Grants paid
- $0
- Program service revenue
- $5,916
- Investment income
- $4
- Other revenue
- $0
- Total assets, end of year
- $30,584
- Total liabilities, end of year
- $3,560
- Net assets or fund balances, end of year
- $27,024
- Program services expenses (Part IX)
- $119,495
- Management and general expenses
- $63,160
- Fundraising expenses
- $3,105
- Program service expenses (Part III)
- $119,495
Program services were 64.3% 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.
-
1f · All other contributions, gifts and grants
$198,430
-
1g · Noncash contributions included above
$89,873
-
2a · Program service revenue: INSTRUCTOR & FACILITATOR FEES
total $5,916 · related or exempt $5,916
-
3 · Investment income
total $4 · related or exempt $4
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $21,500 · management and general $21,500
-
11c · Fees: accounting
total $3,670 · management and general $3,670
-
11g · Fees: other
total $156,079 · program services $119,495 · management and general $33,479 · fundraising $3,105
-
12 · Advertising and promotion
total $1,628 · management and general $1,628
-
17 · Travel
total $2,883 · management and general $2,883
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,140 · end of year $30,584
-
17 · Accounts payable and accrued expenses
beginning of year $4,707 · end of year $3,560
-
27 · Net assets without donor restrictions
beginning of year $8,433 · end of year $27,024
Mission and programs · 2023
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
-
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.
Expenses $119,495 · Revenue $204,232
As filed on the 2023 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
- $21,500
- From this org
- $21,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Victor BergerVICTOR BERGER
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Gilbert BromleyGILBERT BROMLEY
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 4
-
Margo CargillMARGO CARGILL
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alex DavidALEX DAVID
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Jamie FaliskiJAMIE FALISKI
PROGRAM DIRE
- Total calculated
- $0
- Hours/week
- 20
-
Arthur HamptonARTHUR HAMPTON
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Louis MagidsonLOUIS MAGIDSON
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Scott WeinsteinSCOTT WEINSTEIN
BOARDMEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Wyatt DudgeonWYATT DUDGEON
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Susan Marie YorkeSUSAN MARIE YORKE
SECRETARY &
- Total calculated
- $0
- Hours/week
- 1
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
- 2023
- Filed
- 11 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421729349301412
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.