Let MI Kids Learn

EIN: 873203200

Okemos, MI

Total Revenue
$6,830,434
Total Expenses
$11,507
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
Mary Doster
Phone
5175254994
Tax Period
2023-01-01 to 2023-03-31

Let MI Kids Learn, founded in 2021, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.8M, a strong 100% operating margin.

Mission

To serve as a ballot question committee to promote legislation amending the Michigan Income Tax Act and adopting the Student Opportunity Scholarship Act.

Program Service Accomplishments

Program 1
Expenses: $4,917 Revenue: $0

Circulated petitions to amend the Michigan State Income Tax Act and adopt the Student Opportunity Scholarship Act.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,830,434
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,830,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,917
Other Expenses $11,507
TOTAL EXPENSES $11,507

Year-over-Year Comparison

2023 2022 Change
Revenue $6,830,434 $3,268,455 +1.1%
Expenses $11,507 $11,381,865 -1.0%
Net Income $6,818,927 $-8,113,410 -1.8%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
2

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
$3,350
Total Directors
3
$3,350
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Doster Treasurer 1
Officer Director
$3,350 $0 $3,350
Beth DeShone President 1
Officer Director
$0 $0 $0
Sarah Paciorek Secretary 1
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
2023 $6,830,434 $11,507 No data $6,818,927
2022 $3,268,455 $11,381,865 $406,073 $-8,113,410
2021 $1,710,285 $415,802 $1,294,483 $1,294,483
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Let MI Kids Learn with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.