MICHIGAN YOUTH EMPOWERMENT FOUNDATION (EIN 813680583) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

GRACE CAI

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN YOUTH EMPOWERMENT FOUNDATION, founded in 2016, is a micro nonprofit in the Youth Development sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $23K exceeded revenue, resulting in a 96% operating deficit.

Mission

MICHIGAN YOUTH EMPOWERMENT FOUNDATION (MYE) IS A 501(C3) NONPROFIT FOUNDATION ESTABLISHED TO PROMOTE STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH) PROGRAMS TO STUDENTS K-12 AND EMPOWER THEM TO THRIVE IN THE NEW TECHNOLOGICAL WORLD.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $11,695

Investment Income $0

Other Revenue $29

TOTAL REVENUE $11,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,862

Fundraising Expenses $0

Program Expenses $22,959

Other Expenses $9,097

TOTAL EXPENSES $22,959

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,724	$44,018	-0.7%
Expenses	$22,959	$54,123	-0.6%
Net Income	$-11,235	$-10,105	+0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE CAI	EXECUTIVE DIRECTOR	0.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$11,724	$22,959	$74,316	$-11,235
2022	$44,018	$54,123	$86,546	$-10,105
2021	$101,208	$81,387	$99,875	$19,821
2020	$371,936	$317,008	$77,828	$54,928

MICHIGAN YOUTH EMPOWERMENT FOUNDATION