De Vos Urban Leadership Initiative
- Assets
- $95.4k
- Revenue
- $2.0m
- Investments
- $17.8k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 11/1970
- Data as of
- 12/2022
- EIN
- 23-7066873
Organization Overview
De Vos Urban Leadership Initiative is located in Grand Rapids, MI. The organization was established in 1970. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DE Vos Urban Leadership 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 12/2022, DE Vos Urban Leadership Initiative generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, DE Vos Urban Leadership Initiative has awarded 42 individual grants totaling $826,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVOS URBAN LEADERSHIP INITIATIVE IMPLEMENTED A PROGRAM TO IDENTIFY, TRAIN, AND CONNECT YOUTH MINISTRY LEADERS IN URBAN, INNER-CITY COMMUNITIES. IN 2022, 47 PARTICIPANTS FROM LOUISVILLE, KY; DETROIT, MI; WASHINGTON DC; SAN ANTONIO, TX; AND PORTLAND, OR COMPLETED THEIR 15-MONTH PROGRAM. THE SELECTION PROCESS WAS ALSO COMPLETED FOR 57 PARTICIPANTS FROM NEW YORK CITY, NY; ORLANDO, FL; SAN DIEGO, CA; FRESNO, CA; AND CLEVELAND, OH. THE CURRICULUM WAS DELIVERED THROUGH IN-PERSON WORKSHOPS AND CONFERENCES TO BENEFIT PERSONS IN LEADERSHIP POSITIONS WORKING WITH ATRISK YOUTH IN THEIR RESPECTIVE ORGANIZATIONS AND CITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas L Devos President | 0.1 | $0 | |
Robert H Schierbeek Coo/vp | 0.1 | $0 | |
Jeffrey S Bowerman VP Of Tax | 0.1 | $0 | |
Susan E Valcq Treasurer And Secretary | 0.1 | $0 | |
Nicholas J Thole Vice President | 0.1 | $0 | |
Jason Zylstra Foundation Manager | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,010,000 |
| Interest on Savings | $62 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,832 |
| Total Revenue | $2,045,894 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $261,890 |
| Printing and publications | $51,287 |
| Other expenses | $1,058,196 |
| Total operating and administrative expenses | $1,991,211 |
| Contributions, gifts, grants paid | $210,500 |
| Total expenses and disbursements | $2,201,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,948 |
| Net Accounts receivable | $700 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,750 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $95,398 |
| Accounts payable and accrued expenses | $134,755 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,755 |
Grants Awarded
Over the last fiscal year, De Vos Urban Leadership Initiative has awarded $210,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR TRANSFORMATIONAL DISCIPLESHIP PURPOSE: GENERAL OPERATING | $15,000 |
GLOBAL SERVICE OFFICE PURPOSE: PROJECT/PROGRAM - DENVER LEADERSHIP INITIATIVE | $10,000 |
GRAND RAPIDS INITIATIVE FOR LEADERS PURPOSE: PROJECT/PROGRAM - DVULI ALUMNI | $3,000 |
GRAND RAPIDS INITIATIVE FOR LEADERS PURPOSE: PROJECT/PROGRAM - LEADING FOR LIFE BENTON HARBOR | $5,000 |
GRAND RAPIDS INITIATIVE FOR LEADERS PURPOSE: PROJECT/PROGRAM - LIBERIA LEADS | $15,000 |
GRAND RAPIDS INITIATIVE FOR LEADERS PURPOSE: PROJECT/PROGRAM - WEST MICHIGAN DISCIPLESHIP | $5,000 |