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Nonprofit · EIN 85-2248065

FINM SOLUTIONS

Tax-exempt · DETROIT, MI 48202

Financials

$151K$149K2023$64K$89K2024
Revenue Expenses · by fiscal year end
Financials of FINM SOLUTIONS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$63,964$88,833-$24,869$2,664$9,766-$7,102
December 31, 2023990$151,158$149,382$1,776$25,540$21,252$4,288
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$63,964
of which government grants
$44,841
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$33,431
Salaries, compensation and benefits (total)
$36,245
Professional fundraising fees
$0
Accounting fees
$5,987
Occupancy
$631
Travel
$163
Depreciation
$1,738
Program services (functional)
$69,098
Management and general (functional)
$19,735

Balance sheet and other

Total assets, start of year
$25,540
Total assets, end of year
$2,664
Total liabilities, end of year
$9,766
Net assets, end of year
-$7,102
Net assets without donor restrictions
-$7,102
Gross receipts
$63,964
Employees
1
Year formed
2020
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Shaniece BennettPresident
Officer
0$0
Eboney HurtTreasurer
Officer
0$0
Jennifer BatesSecretary
Officer
0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Shaniece BennettPresident
Officer
0$31,821
Jennifer BatesSecretary
Officer
0$0
Eboney HurtTreasurer
Officer
0$0

Address and contacts

Address (IRS master file)
440 BURROUGHS ST STE 185, DETROIT, MI 48202-3469
In care of
% SHANIECE BENNETT
Mailing address (990-N for 2022)
46958 Gratiot Ave, Chesterfield MI 48051
Principal officer (990-N for 2022)
Shaniece Bennett, 46958 Gratiot Ave, Chesterfield MI 48051
Signed the 990
SHANIECE BENNETT, President
Phone
(313) 316-7631
Return prepared by
Accutrak Consulting and Acctng Svcs

Mission

To offer essential resources, training, mentoring, and advocacy to small organizations, helping them achieve success and support the communities that they serve.

990 for the year ended December 31, 2024

Program accomplishments

  • Completed first cohort of the new pathways to prosperity program for administrative assistants
    Expenses $69,098 · grants $69,098

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2248065
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,664
Income (IRS master file)
$63,964

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$63,964$88,833$2,664IRS
990December 2023$151,158$149,382$25,540XML
990-N for 2022
Officer: Shaniece Bennett
December 31, 2022≤ $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 85-2248065).

Questions about FINM SOLUTIONS

What is the EIN of FINM SOLUTIONS?
The employer identification number (EIN) of FINM SOLUTIONS is 85-2248065.
Is FINM SOLUTIONS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to FINM SOLUTIONS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINM SOLUTIONS 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 FINM SOLUTIONS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINM SOLUTIONS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINM SOLUTIONS?
The 990-N for 2022 names Shaniece Bennett.
Who are the officers and directors of FINM SOLUTIONS?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does FINM SOLUTIONS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $63,964, expenses of $88,833 and total assets of $2,664 at year end.

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