Nonprofit · EIN 38-2048961
LEWIS COLLEGE OF BUSINESS
Tax-exempt (reinstated) · DETROIT, MI 48207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,807,000 | $5,374,170 | $1,432,830 | $15,165,382 | $1,772,963 | $13,392,419 |
| December 31, 2024 | 990 | $6,578,860 | $5,137,126 | $1,441,734 | $13,653,806 | $1,627,348 | $12,026,458 |
| December 31, 2023 | 990 | $12,709,997 | $2,213,143 | $10,496,854 | $12,286,946 | $1,790,092 | $10,496,854 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,323,607
- Program service revenue
- $110,000
- Investment income
- $373,393
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $280,231
- Other salaries and wages
- $2,328,771
- Salaries, compensation and benefits (total)
- $2,883,900
- Professional fundraising fees
- $0
- Legal fees
- $115,754
- Accounting fees
- $113,470
- Occupancy
- $1,064,314
- Depreciation
- $10,083
- Program services (functional)
- $3,620,419
- Management and general (functional)
- $1,375,361
- Fundraising (functional)
- $378,390
Balance sheet and other
- Total assets, start of year
- $13,653,806
- Total assets, end of year
- $15,165,382
- Total liabilities, end of year
- $1,772,963
- Net assets, end of year
- $13,392,419
- Land, buildings and equipment
- $632,153
- Publicly traded securities
- $3,373,315
- Net assets without donor restrictions
- $9,573,179
- Net assets with donor restrictions
- $3,819,240
- Gross receipts
- $6,807,000
- Employees
- 27
- Volunteers
- 15
- Year formed
- 1907
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAMUEL I RYAN | CHAIR OF APPAREL AND ACCESSORIES Highest-paid employee | 40 | $300,000 | $5,142 |
| D'WAYNE L EDWARDS | PRESIDENT Officer | 40 | $280,231 | $12,760 |
| SUZETTE T HENRY | CHAIR OF COLOR AND MATERIALS LAB Highest-paid employee | 40 | $225,000 | $5,198 |
| EARL SCOTT MORRIS | FOOTWEAR CHAIR Highest-paid employee | 40 | $200,000 | $11,146 |
| ARIC ARMON | CHAIR OF YOUTH PROGRAMMING Highest-paid employee | 40 | $161,312 | $4,372 |
| TAYO ADARAN | ASSOCIATE OPERATIONS DIRECTOR Highest-paid employee | 40 | $115,000 | $5,198 |
| RONALD BROWN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR VIOLET PONDERS | VICE-CHAIR; TREAS. (AS OF 10/27/25) Trustee or director, Officer | 1 | $0 | $0 |
| DR MAKEEBA MCCREARY | TREASURER (THROUGH 6/30/25) Trustee or director, Officer | 1 | $0 | $0 |
| ADAM ALLARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MONICA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AKUA HILL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ALLEN LARGIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NATHANIEL WALLACE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES WHITNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAMUEL I RYAN | CHAIR OF APPAREL AND ACCESSORIES Highest-paid employee | 40 | $294,906 | $4,723 |
| D'WAYNE L EDWARDS | PRESIDENT Officer | 40 | $272,384 | $2,631 |
| SUZETTE T HENRY | CHAIR OF COLOR AND MATERIALS LAB Highest-paid employee | 40 | $218,406 | $4,836 |
| EARL SCOTT MORRIS | FOOTWEAR CHAIR Highest-paid employee | 40 | $184,132 | $9,583 |
| DION WALCOTT | DIRECTOR OF PARTNERSHIPS Highest-paid employee | 40 | $145,274 | $3,726 |
| KATHLEEN GREVERS | DIRECTOR OF EDUCATION Highest-paid employee | 40 | $140,000 | $0 |
| DR VIOLET PONDERS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR MAKEEBA MCCREARY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ADAM ALLARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RONALD BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MONICA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NATHAN WALLACE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES WHITNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAMUEL I RYAN | CHAIR OF APPAREL AND ACCESSORIES Highest-paid employee | 40 | $142,729 | $4,364 |
| D'WAYNE L EDWARDS | PRESIDENT Officer | 40 | $131,000 | $13,092 |
| SUZETTE T HENRY | CHAIR OF COLOR AND MATERIALS LAB Highest-paid employee | 40 | $109,349 | $4,364 |
| DR VIOLET PONDERS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR MAKEEBA MCCREARY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ADAM ALLARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RONALD BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MONICA HAWKINS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES WHITNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 WALKER ST, DETROIT, MI 48207-4229
- Mailing address (990-N for 2013)
- PO Box 351036, Detroit MI 48235
- Principal officer (990 for 2025)
- D'WAYNE EDWARDS, 200 WALKER STREET, DETROIT, MI 482074229
- Principal officer (990-N for 2013)
- Roger R Burney, PO Box 351036, Detroit MI 48235
- Signed the 990
- D'WAYNE EDWARDS, PRESIDENT
- Phone
- (313) 536-2400
- Website
- LewisCollege.edu
- Return prepared by
- GJC CPA'S & ADVISORS
Mission
LCB'S MISSION IS TO PREPARE CREATIVES FOR ALTERNATIVE CAREER PATHWAYS WITH REDUCED FINANCIAL BARRIERS.
Program accomplishments
- LCB DEVELOPS AND DELIVERS EDUCATIONAL PROGRAMMING FOCUSED ON BUSINESS, DESIGN, MANUFACTURING, AND RELATED CREATIVE INDUSTRIES THROUGH INDUSTRY-INFORMED INSTRUCTION AND PARTNERSHIPS WITH CORPORATE, EDUCATIONAL, AND COMMUNITY ORGANIZATIONS. LCB'S EDUCATIONAL OFFERINGS INCLUDE ASSOCIATE DEGREE, INDUSTRY CREDENTIAL, MASTERCLASS, AND OTHER WORKFORCE AND PROFESSIONAL DEVELOPMENT PROGRAMS. MANY OF THESE PROGRAMS ARE SUPPORTED THROUGH CORPORATE PARTNERSHIPS AND DONOR-FUNDED SCHOLARSHIPS THAT HELP REDUCE FINANCIAL BARRIERS FOR PARTICIPATING STUDENTS.Expenses $3,620,419 · revenue $110,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2048961
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42)
- Assets (IRS master file)
- $15,165,382
- Income (IRS master file)
- $6,807,000
Revocation and reinstatement
- Exemption revoked
- January 15, 2018
- Posted by the IRS
- April 9, 2018
- Reinstated
- Effective March 15, 2023
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,807,000 | $5,374,170 | $15,165,382 | XML |
| 990 | December 2024 | $6,578,860 | $5,137,126 | $13,653,806 | XML |
| 990 | December 2023 | $12,709,997 | $2,213,143 | $12,286,946 | XML |
| 990-N for 2013 Officer: Roger R Burney | August 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2048961).
Questions about LEWIS COLLEGE OF BUSINESS
- What is the EIN of LEWIS COLLEGE OF BUSINESS?
- The employer identification number (EIN) of LEWIS COLLEGE OF BUSINESS is 38-2048961.
- Is LEWIS COLLEGE OF BUSINESS tax-exempt?
- Yes. The IRS revoked its exemption on January 15, 2018 and reinstated it effective March 15, 2023.
- Are donations to LEWIS COLLEGE OF BUSINESS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEWIS COLLEGE OF BUSINESS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEWIS COLLEGE OF BUSINESS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEWIS COLLEGE OF BUSINESS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LEWIS COLLEGE OF BUSINESS?
- The 990 for the year ended December 31, 2025 names D'WAYNE EDWARDS.
- Who are the officers and directors of LEWIS COLLEGE OF BUSINESS?
- The 990 for the year ended December 31, 2025 lists 15 people; 6 received compensation from the organization, the highest $300,000 (SAMUEL I RYAN, CHAIR OF APPAREL AND ACCESSORIES).
- How much revenue does LEWIS COLLEGE OF BUSINESS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,807,000, expenses of $5,374,170 and total assets of $15,165,382 at year end.
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