Skip to main content

Nonprofit · EIN 45-2973904

YOUNG DETROIT THINKERS

Tax-exempt · DETROIT, MI 48219

Financials

$20K$45K2023
Revenue Expenses · by fiscal year end
Financials of YOUNG DETROIT THINKERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2024990$20,228$44,618-$24,390$111,019$0$111,019
Financial details: 990 for the year ended August 31, 2024

Revenue

Contributions, gifts and grants
$20,228
of which government grants
$19,958
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,575
Travel
$16,089
Program services (functional)
$34,809
Management and general (functional)
$9,809

Balance sheet and other

Total assets, start of year
$117,449
Total assets, end of year
$111,019
Total liabilities, end of year
$0
Net assets, end of year
$111,019
Land, buildings and equipment
$6,642
Net assets without donor restrictions
$105,800
Net assets with donor restrictions
$5,219
Gross receipts
$20,228
Employees
0
Year formed
2011
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 August 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KEVIN FITEFOUNDEREXECUTIVE DIRECTOR
Trustee or director
0$0
CATHERINE MARTINEZTreasurer
Officer
0$0
KEVIN FITETreasurer
Officer
0$0
CATHERINE MARTINEZPRESIDENT
Officer
0$0

Address and contacts

Address (IRS master file)
19411 W MCNICHOLS STE 326, DETROIT, MI 48219-4030
Mailing address (990-N for 2020)
19411 W McNichols Rd Ste 326, Detroit MI 48219
Principal officer (990 for 2023)
KEVIN FITE, 19411 WEST MCNICHOLS RD, Detroit, MI 48219
Principal officer (990-N for 2020)
Tahira-Chandra Yanish, 19411 W McNichols Rd Ste 326, Detroit MI 48219
Signed the 990
Kevin Fite, Exec Director
Return prepared by
CCAS CONSULTING GROUP INC

Mission

Young Detroit Thinkers (YDT)is a Michigan non-profit whose mission is to provide-year round services that enable metro Detroit youth to excel academically by developing focus, disapline, creative thinking, characterand strategic planning through the game of chess.

990 for the year ended August 31, 2024

Program accomplishments

  • Detroit youth with quality programs and experiences which will enable them to excel academically in a safe, supportive, and nurturing environment. The goals of Young Detroit Thinkers include: Enhanced Academic Focus - Create a culture of high expectations to acquire the needed focus and discipline for academic success; Increase Student Leadership - Provide opportunities for Young Detroit Thinkers members to develop, enhance, and experience their leadership capabilities; Creative Thinking - Develop creativity and special reasoning skills that are necessary for game of chess as well as with life; Character Education - Instill life skills to help students become socially accepted members while engaging with other YDTs programs for the fiscal year ended August 31, 2021 included providing chess equipment and instruction to students and teachers; sponsoring a city-wide competitive chess team; hosting a series of tournaments in which over 300 students participated; the Boys Theater of Detroit summer camp; the DCCC All-City Chess Honors; free weekly leisure chess open to the community; and a simultaneous chess exhibition at the Detroit Institute of Arts. YDTs programs for the fiscal year ended August 31, 2022 included providing chess equipment and instruction to students and teachers; sponsoring a city-wide competitive chess team; hosting a series of tournaments in which over 300 students participated; the Boys Theater of Detroit summer camp; the DCCC All-City Chess Honors; free weekly leisure chess open to the community; and a simultaneous chess exhibition at the Detroit Institute of Arts.
    Expenses $34,809

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
45-2973904
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
August
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$111,019
Income (IRS master file)
$20,228

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2024$20,228$44,618$111,019XML
990August 2023$75,173$71,881$117,449IRS
990August 2022$76,628$46,142$128,057IRS
990-N for 2020
Officer: Tahira-Chandra Yanish
August 31, 2021≤ $50,000 receipts––e-Postcard
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS
990-N for 2013
Officer: Tahira-Chandra Yanish
December 31, 2013≤ $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 45-2973904).

Questions about YOUNG DETROIT THINKERS

What is the EIN of YOUNG DETROIT THINKERS?
The employer identification number (EIN) of YOUNG DETROIT THINKERS is 45-2973904.
Is YOUNG DETROIT THINKERS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to YOUNG DETROIT THINKERS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUNG DETROIT THINKERS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of YOUNG DETROIT THINKERS due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG DETROIT THINKERS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2024.
Who is the principal officer of YOUNG DETROIT THINKERS?
The 990 for the year ended August 31, 2024 names KEVIN FITE.
Who are the officers and directors of YOUNG DETROIT THINKERS?
The 990 for the year ended August 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does YOUNG DETROIT THINKERS have?
On its 990 for the year ended August 31, 2024 it reported revenue of $20,228, expenses of $44,618 and total assets of $111,019 at year end.

Other nonprofits in DETROIT

All nonprofits in DETROIT · Michigan · Youth development