Young Detroit Thinkers (EIN 452973904) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

KEVIN FITE

Tax Period

2023-09-01 to 2024-08-31

Young Detroit Thinkers, founded in 2011, is a micro nonprofit in the Youth Development sector that reported $20K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 121% operating deficit.

Mission

Young Detroit Thinkers (YDT)is a Michigan non-profit whose mission is to provide-year round services that enable metro Detroit youth to excel academically by developing focus, disapline, creative thinking, characterand strategic planning through the game of chess.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,228

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,809

Other Expenses $44,618

TOTAL EXPENSES $44,618

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,228	$75,173	-0.7%
Expenses	$44,618	$71,881	-0.4%
Net Income	$-24,390	$3,292	-8.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KEVIN FITE	FOUNDEREXECUTIVE DIRECTOR	Director	$0	$0	$0
CATHERINE MARTINEZ	Treasurer	Officer	$0	$0	$0
KEVIN FITE	Treasurer	Officer	$0	$0	$0
CATHERINE MARTINEZ	PRESIDENT	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$20,228	$44,618	$111,019	$-24,390
2023	$75,173	$71,881	$117,449	$3,292
2022	$76,628	$46,142	$128,057	$30,486
2020	$37,600	$38,339	$88,643	$-739
2019	$69,290	$81,450	$90,709	$-12,160
2018	$151,541	$85,989	$101,543	$65,552
2018	$151,541	$85,989	$101,543	$65,552

Young Detroit Thinkers