Young Leaders Initiative
- Assets
- $167.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Detroit, MI
- Founding
- 09/2006
- Data as of
- 05/2023
- EIN
- 20-5175642
Organization Overview
Young Leaders Initiative is located in Detroit, MI. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 05/2023, Young Leaders Initiative employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Leaders Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Young Leaders Initiative generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $63.9k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE YOUNG PEOPLE IN AND AROUND DETROIT, MI AS LEADERS FOR THE TRANSFORMATION OF THE CHURCH AND WORLD.
Describe the Organization's Program Activity:
Part 3
MOTOWN MISSION - WITH OVER 600 ANNUAL PARTICIPANTS, THIS SERVICE CAMP FOR YOUNG PEOPLE HAS NOW CONTRIBUTED SIGNIFICANT NUMBERS OF VOUNTEER HOURS AND PROJECT MATERIALS TO PEOPLE, NEIGHBORHOODS AND PARTNER ORGANIZATIONS IN THE CITY OF DETROIT.
MOTOR CITY WESLEY - ENGAGES COLLEGE STUDENTS IN CHRISTIAN PRACTICES OF CREATIVITY, COMMUNITY AND CONSPIRACY FOR GOODNESS-MAKING IN THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Gladstone Motor City D | 2.5 | $16,800 | |
Albert Rush President | 0.2 | $0 | |
Nykesia Stafford Secretary | 0.2 | $0 | |
Alex Oatley Treasurer | 0.2 | $0 | |
Alice Townley Director | 0.2 | $0 | |
Lisa Batten Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,042 |
| Total Program Service Revenue | $24,335 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $52,377 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,785 |
| Professional fees and other payments to independent contractors | $1,837 |
| Occupancy, rent, utilities, and maintenance | $1,337 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,935 |
| Total expenses | $63,894 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,946 |
| Other assets | $0 |
| Total assets | $166,960 |
| Total liabilities | $12,899 |
| Net assets or fund balances | $154,061 |