DETROIT CHILDREN'S FUND

EIN: 462499615 501(c)(3) Philanthropy & Grantmaking

DETROIT, MI

Total Revenue
$3,870,493
Total Expenses
$5,636,326
Total Assets
$6,420,927
Net Assets
$5,231,103
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MI
Phone
3133931180
Tax Period
2024-07-01 to 2025-06-30

DETROIT CHILDREN'S FUND, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.9M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $5.6M exceeded revenue, resulting in a 46% operating deficit.

Mission

THE DETROIT CHILDREN'S FUND IS A NONPROFIT ORGANIZATION THAT MAKES HIGH-POTENTIAL INVESTMENTS TO EXPAND SUCCESSFUL SCHOOLS, GREATLY IMPROVE LOWER PERFORMING SCHOOLS, AND DISCOVER AND DEVELOP TALENTED EDUCATORS SO THAT EVERY CHILD IN DETROIT HAS THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,262,837
Program Service Revenue $0
Investment Income $297,490
Other Revenue $-689,834
TOTAL REVENUE $3,870,493

Expense Breakdown

Grants Paid $3,779,262
Salaries & Benefits $1,350,984
Fundraising Expenses $535,915
Program Expenses $4,680,940
Other Expenses $506,080
TOTAL EXPENSES $5,636,326

Year-over-Year Comparison

2024 2023 Change
Revenue $3,870,493 $6,258,931 -0.4%
Expenses $5,636,326 $3,501,419 +0.6%
Net Income $-1,765,833 $2,757,512 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
7
Volunteers
30

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
5
$551,460
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON TINSLEY TREASURER, DIRECTOR 2.0
Officer Director
$0 $0 $0
KC CRAIN BOARD CHAIR, DIRECTOR 2.0
Officer Director
$0 $0 $0
TONYA ALLEN SECRETARY, DIRECTOR 2.0
Officer Director
$0 $0 $0
ADAM LEVINSON DIRECTOR 1.0
Director
$0 $0 $0
ANUP POPAT DIRECTOR 1.0
Director
$0 $0 $0
ARN TELLEM DIRECTOR 1.0
Director
$0 $0 $0
BILL EMERSON DIRECTOR 1.0
Director
$0 $0 $0
DARIENNE DRIVER DIRECTOR 1.0
Director
$0 $0 $0
JEFF PERLMAN DIRECTOR 1.0
Director
$0 $0 $0
JESSE VENEGAS DIRECTOR 1.0
Director
$0 $0 $0
KELLE ILITCH DIRECTOR 1.0
Director
$0 $0 $0
RAY SCOTT DIRECTOR 1.0
Director
$0 $0 $0
RYAN MAIBACH DIRECTOR 1.0
Director
$0 $0 $0
TIFFANY DOUGLAS DIRECTOR 1.0
Director
$0 $0 $0
TONY BARRA DIRECTOR 1.0
Director
$0 $0 $0
LATWILA AINSWORTH-COMFORT PARTNER 40.0
Officer
$206,208 $36,372 $242,580
NICK KARMANOS PARTNER 40.0
Officer
$251,771 $57,109 $308,880
DR IRMA HAMILTON DIRECTOR OF SCHOOL PROGRAMS & PARTNERSHIPS 40.0
Highest
$146,105 $10,707 $156,812
LISA LAURIN CHIEF DEVELOPMENT OFFICER 40.0
Highest
$141,213 $30,682 $171,895
SUZANNE MITCHELL CONTROLLER 40.0
Highest
$141,518 $11,306 $152,824
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
2025 $3,870,493 $5,636,326 $6,420,927 $-1,765,833
2024 $6,258,931 $3,501,419 $7,180,205 $2,757,512
2023 $4,550,837 $4,215,795 $4,366,327 $335,042
2022 $6,678,705 $5,521,426 $4,764,612 $1,157,279
2021 $5,131,419 $5,902,341 $3,755,230 $-770,922
2019 $5,779,528 $7,027,312 $5,939,089 $-1,247,784
2018 $7,175,612 $7,706,340 $7,226,708 $-530,728
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