Nonprofit · EIN 46-2499615
DETROIT CHILDRENS FUND
Tax-exempt · DETROIT, MI 48207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,870,493 | $5,636,326 | -$1,765,833 | $6,420,927 | $1,189,824 | $5,231,103 |
| June 30, 2024 | 990 | $6,258,931 | $3,501,419 | $2,757,512 | $7,180,205 | $183,080 | $6,997,125 |
| June 30, 2023 | 990 | $4,550,837 | $4,215,795 | $335,042 | $4,366,327 | $127,777 | $4,238,550 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,262,837
- Program service revenue
- $0
- Investment income
- $297,490
- Net gain from sales of assets
- $1,900
- Net income from fundraising events
- -$689,834
- Other revenue
- -$689,834
Expenses
- Grants and similar amounts paid
- $3,779,262
- Compensation of officers, directors and key employees
- $574,199
- Other salaries and wages
- $606,156
- Salaries, compensation and benefits (total)
- $1,350,984
- Professional fundraising fees
- $0
- Legal fees
- $11,998
- Accounting fees
- $45,400
- Depreciation
- $17,978
- Program services (functional)
- $4,680,940
- Management and general (functional)
- $419,471
- Fundraising (functional)
- $535,915
Balance sheet and other
- Total assets, start of year
- $7,180,205
- Total assets, end of year
- $6,420,927
- Total liabilities, end of year
- $1,189,824
- Net assets, end of year
- $5,231,103
- Land, buildings and equipment
- $76,697
- Net assets without donor restrictions
- $4,703,057
- Net assets with donor restrictions
- $528,046
- Gross receipts
- $4,704,427
- Employees
- 7
- Volunteers
- 30
- Year formed
- 2013
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK KARMANOS | PARTNER Officer | 40 | $251,771 | $57,109 |
| LATWILA AINSWORTH-COMFORT | PARTNER Officer | 40 | $206,208 | $36,372 |
| LISA LAURIN | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $141,213 | $30,682 |
| DR IRMA HAMILTON | DIRECTOR OF SCHOOL PROGRAMS & PARTNERSHIPS Highest-paid employee | 40 | $146,105 | $10,707 |
| SUZANNE MITCHELL | CONTROLLER Highest-paid employee | 40 | $141,518 | $11,306 |
| JASON TINSLEY | TREASURER, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| KC CRAIN | BOARD CHAIR, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| TONYA ALLEN | SECRETARY, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| ADAM LEVINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANUP POPAT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARN TELLEM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL EMERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARIENNE DRIVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF PERLMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSE VENEGAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLE ILITCH | DIRECTOR Trustee or director | 1 | $0 |
| RAY SCOTT | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MAIBACH | DIRECTOR Trustee or director | 1 | $0 |
| TIFFANY DOUGLAS | DIRECTOR Trustee or director | 1 | $0 |
| TONY BARRA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK KARMANOS | PARTNER Officer | 40 | $191,779 | $53,236 |
| LATWILA AINSWORTH-COMFORT | PARTNER Officer | 40 | $173,900 | $34,695 |
| LISA LAURIN | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $131,213 | $30,827 |
| KC CRAIN | BOARD CHAIR, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| TONYA ALLEN | SECRETARY, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| JASON TINSLEY | TREASURER, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| RYAN MAIBACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM LEVINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARN TELLEM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLE ILITCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL EMERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIFFANY DOUGLAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY BARRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSE VENEGAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARIENNE DRIVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANUP POPAT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TUI ROPER | FORMER PARTNER - THRU 6/29/22 Former | 0 | $273,599 | $5,721 |
| NICK KARMANOS | PARTNER Officer | 40 | $177,299 | $50,971 |
| LATWILA AINSWORTH-COMFORT | PARTNER Officer | 40 | $136,307 | $31,651 |
| LISA LAURIN | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 40 | $114,110 | $28,684 |
| MISHA STREDRICK | ACHIEVEMENT DIRECTOR - THRU 9/19/22 Highest-paid employee | 40 | $107,455 | $3,602 |
| KC CRAIN | BOARD CHAIR, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| TONYA ALLEN | SECRETARY, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| JASON TINSLEY | TREASURER, DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| RYAN MAIBACH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM LEVINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHIL COOLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ARN TELLEM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLE ILITCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BILL EMERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIFFANY DOUGLAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY BARRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSE VENEGAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARIENNE DRIVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANUP POPAT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RAY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CRAIG BUCHHOLZ | DIRECTOR - PART YEAR Trustee or director | 1 | $0 | $0 |
| WRIGHT LASSITER III | DIRECTOR - PART YEAR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1155 GRATIOT AVENUE SUITE 420, DETROIT, MI 48207-2732
- In care of
- % LAUREN HAWKINS
- Mailing address (990-N for 2013)
- 100 Talon Centre Dr Suite 150, Detroit MI 48207
- Principal officer (990 for 2024)
- NICK KARMANOS, 1155 GRATIOT AVE 420, DETROIT, MI 48207
- Principal officer (990-N for 2013)
- Chris Uhl, 100 Talon Centre Dr Suite 150, Detroit MI 48207
- Signed the 990
- NICK KARMANOS, CEO
- Phone
- (313) 393-1180
- Website
- detroitchildrensfund.org
- Return prepared by
- PLANTE & MORAN PLLC
Mission
THE MISSION OF THE DETROIT CHILDREN'S FUND IS TO MAKE HIGH-POTENTIAL INVESTMENTS TO EXPAND SUCCESSFUL SCHOOLS, GREATLY IMPROVE LOWER PERFORMING SCHOOLS, AND DISCOVER AND DEVELOP TALENTED EDUCATORS SO THAT EVERY CHILD IN DETROIT HAS THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION.
Program accomplishments
- MULTIPLE COMPONENTS THAT TOGETHER WILL WORK TO ADDRESS STUDENTS NEEDS FOR VITAL RESOURCES ESSENTIAL TO THEIR ABILITY TO LEARN AND THRIVE. THE GOAL IS TO IMPROVE THE LEARNING OUTCOMES AT NEW PARADIGM GLAZER ACADEMY AND NEW PARADIGM COLLEGE PREP BY ADDRESSING THE NEEDS OF THE WHOLE STUDENT. (EPIC)Expenses $2,617,884 · grants $1,945,551
- SUPPORT FOR NEW LEADERS FOR ACADEMIC YEARS 2024-2026,THE DPSCD DISTRICT EXECUTIVE INSTRUCTIONAL LEADERS, SCHOOL PRINCIPAL SUPERVISORS, I.E., ASSISTANT SUPERINTENDENTS, AND SCHOOL PRINCIPALS ARE EQUIPPED WITH THE KNOWLEDGE, SKILLS, AND RESOURCES NEEDED TO EFFECTIVELY COACH AND SUPPORT DATA-DRIVEN LEADERSHIP PRACTICES THAT WILL IMPROVE THE QUALITY OF INSTRUCTION OFFERED TO STUDENTS IN CLASSROOMS SO THEY ACHIEVE AGGRESSIVE ACADEMIC GAINS IN ELA AND MATH.Expenses $1,500,000 · grants $1,500,000
- TEACHER RETENTION GOAL FOR THE 2024-2025 SCHOOL YEAR IS TO RETAIN 90% OF EFFECTIVE OR HIGHLY EFFECTIVE TEACHERS. BY PROVIDING FALL AND SPRING RETENTION BONUSES, AIMS TO RETAIN, MOTIVATE AND KEEP THOSE TEACHERS WHO ARE EFFECTIVE AND COMMITTED. THE PROVISION OF BONUSES TO SCHOOL STAFF CAN HAVE A POSITIVE IMPACT ON TALENT RETENTION RATES, SUCH AS INCREASING STAFF SATISFACTION AND MORALE, STRONGER SCHOOL CLIMATE AND CULTURE, ENHANCED PROFESSIONALISM, AND IMPROVED STUDENT OUTCOMES.Expenses $187,750 · grants $187,750
- OTHER PROGRAM SERVICESExpenses $229,345
- PERSONAL LAPTOPS FOR A TOTAL OF 180 SCHOLARS FOR THE ACADEMIC YEAR 23-24 AND 24-25 AND A SENIOR DEFENSE PROJECT COURSE WHICH INTEGRATES THE COLLEGE APPLICATION PROCESS AND THE COLLEGE BOUND SCHOLARS CURRICULUM.Expenses $135,211 · grants $135,211
- COMPACT PROGRAM WORK WITH COLLEGE-GOING EXPERTS AND THE CITY'S LEADING CHARTER HIGH SCHOOLS, WILL AIM TO SIGNIFICANTLY TRANSFORM GRADUATION RATES, COLLEGE PERSISTENCE RATES AND COLLEGE GRADUATION RATES FOR OVER 2,000 STUDENTS EACH YEAR IN DETROIT. BY WORKING TOGETHER AND ACHIEVING SIGNIFICANTLY IMPROVED OUTCOMES, THESE FOUR CHARTERS CAN SET A NEW "BAR" FOR QUALITY FOR SCHOOLS ACROSS THE CITY AND SERVE AS EXEMPLARS FOR SCHOOLS THAT WANT TO LEARN HOW TO IMPROVE THEIR OUTCOMES MORE QUICKLY.Expenses $10,750 · grants $10,750
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-2499615
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $6,420,927
- Income (IRS master file)
- $4,704,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,870,493 | $5,636,326 | $6,420,927 | XML |
| 990 | June 2024 | $6,258,931 | $3,501,419 | $7,180,205 | XML |
| 990 | June 2023 | $4,550,837 | $4,215,795 | $4,366,327 | XML |
| 990 | June 2022 | $6,678,705 | $5,521,426 | $4,764,612 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: Chris Uhl | 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 46-2499615).
Questions about DETROIT CHILDRENS FUND
- What is the EIN of DETROIT CHILDRENS FUND?
- The employer identification number (EIN) of DETROIT CHILDRENS FUND is 46-2499615.
- Is DETROIT CHILDRENS FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to DETROIT CHILDRENS FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DETROIT CHILDRENS FUND 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 DETROIT CHILDRENS FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DETROIT CHILDRENS FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DETROIT CHILDRENS FUND?
- The 990 for the year ended June 30, 2025 names NICK KARMANOS.
- Who are the officers and directors of DETROIT CHILDRENS FUND?
- The 990 for the year ended June 30, 2025 lists 20 people; 5 received compensation from the organization, the highest $251,771 (NICK KARMANOS, PARTNER).
- How much revenue does DETROIT CHILDRENS FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,870,493, expenses of $5,636,326 and total assets of $6,420,927 at year end.
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All nonprofits in DETROIT · Michigan · Philanthropy, voluntarism and grantmaking foundations