THE COLEMAN A YOUNG II EDUCATIONAL FOUNDATION

EIN: 842837933 501(c)(3) Youth Development

DETROIT, MI

Total Revenue
$151,621
Total Expenses
$79,945
Total Assets
$77,766
Net Assets
$77,766
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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
2019
Legal Domicile
MI
Principal Officer
COLEMAN A YOUNG II
Phone
2025254855
Tax Period
2023-01-01 to 2023-12-31

THE COLEMAN A YOUNG II EDUCATIONAL FOUNDATION, founded in 2019, is a small nonprofit in the Youth Development sector that reported $152K in total revenue in fiscal year 2023. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 47% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO EMPOWER UNDERSERVED OUTSTANDING STUDENT SCHOLARS BY CONNECTING THEM WITH MENTORS, SCHOLARSHIPS, AND INTERNSHIPS THROUGH OUR PARTNERSHIP WITH EDUCATORS, PHILANTHROPIC FOUNDATIONS, AND CORPORATIONS THROUGHOUT THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $151,621
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $151,621

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $13,900
Program Expenses $58,327
Other Expenses $79,945
TOTAL EXPENSES $79,945

Year-over-Year Comparison

2023 2022 Change
Revenue $151,621 $80,640 +0.9%
Expenses $79,945 $103,899 -0.2%
Net Income $71,676 $-23,259 -4.1%
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

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Governance

Voting Members
4
Independent Members
1
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
3
$0
Total Directors
1
$13,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAUL WIKKELING DONOR RELATIONS MGR 20.00
Director
$13,900 $0 $13,900
COLEMAN A YOUNG CEO/FOUNDER 20.00
Officer
$0 $0 $0
CURTIS SCOON EXECUTIVE DIRECTOR 5.00
Officer
$0 $0 $0
ALAN S HELFER TREASURER 1.00
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
2023 $151,621 $79,945 $77,766 $71,676
2022 $80,640 $103,899 $6,090 $-23,259
2021 $74,144 $61,897 $29,349 $12,247
2020 $129,700 $112,600 $20,412 $17,100
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