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Nonprofit · EIN 87-4084987

DIGITAL LAKES INC

Tax-exempt · TROY, MI 48098

Financials

$278K$295K2023
Revenue Expenses · by fiscal year end
Financials of DIGITAL LAKES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$278,012$295,080-$17,068$98,339$114,717-$16,378
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$278,012
of which government grants
$200,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$100
Other salaries and wages
$237,883
Salaries, compensation and benefits (total)
$261,722
Professional fundraising fees
$0
Accounting fees
$1,600
Program services (functional)
$291,897
Management and general (functional)
$3,183

Balance sheet and other

Total assets, start of year
$74,994
Total assets, end of year
$98,339
Total liabilities, end of year
$114,717
Net assets, end of year
-$16,378
Net assets without donor restrictions
-$16,378
Gross receipts
$278,012
Employees
0
Year formed
2021
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, 2023, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
JOHN FIKANYCO-FOUNDER
Trustee or director
10$0$22,545
RONIA FAKHOURY-KRUSEBOARD CHAIR,
Trustee or director
10$0$0
CLEMM HOWARDBOARD MEMBER
Trustee or director
10$0$0
SHATICA MCDONALDBOARD MEMBER
Trustee or director
10$0$0
GLENN STEVENSBOARD MEMBER
Trustee or director
10$0$0
GEORGE SURDUCO-FOUNDER
Trustee or director
10$0$0
MIKE TREASHBOARD MEMBER
Trustee or director, Officer
10$0$0
SANGY VATSACO-FOUNDER
Trustee or director
10$0$0
KEVIN VOIGTBOARD MEMBER
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
5440 CORPORATE DR STE 260, TROY, MI 48098-2621
Principal officer (990 for 2023)
RONIA FAKHOURY-KRUSE
Signed the 990
RONIA FAKHOURY-KRUSE, BOARD CHAIR,CO-FOUND
Phone
(248) 761-0380
Return prepared by
BULTYNCK & CO PLLC

Mission

TO SHOWCASE MICHIGAN AS A PREMIER DIGITAL HUB - ATTRACTING, DEVELOPING, AND RETAINING TOP TECH TALENT ACROSS INDUSTRIES, WHILE SIMULTANEOUSLY ENHANCING THE GROWTH AND VITALITY OF OUR STATE AND THE ECONOMY.

990 for the year ended December 31, 2023

Program accomplishments

  • MICRO-INTERNSHIP PROGRAM: A TALENT ATTRACTION AND RETENTION PROGRAM, SPECIFICALLY DESIGNED TO INTRODUCE STUDENTS TO THE WIDE VARIETY OF TECHNOLOGY RELATED CAREERS, ATTRACTING TOP TALENT TO OUR COMPANIES AND THE STATE.
    Expenses $291,897

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-4084987
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$98,339
Income (IRS master file)
$278,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$278,012$295,080$98,339XML
990-EZDecember 2022–––IRS

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 87-4084987).

Questions about DIGITAL LAKES INC

What is the EIN of DIGITAL LAKES INC?
The employer identification number (EIN) of DIGITAL LAKES INC is 87-4084987.
Is DIGITAL LAKES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to DIGITAL LAKES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIGITAL LAKES INC 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 DIGITAL LAKES INC 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 DIGITAL LAKES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of DIGITAL LAKES INC?
The 990 for the year ended December 31, 2023 names RONIA FAKHOURY-KRUSE.
Who are the officers and directors of DIGITAL LAKES INC?
The 990 for the year ended December 31, 2023 lists 9 people; 0 received compensation from the organization.
How much revenue does DIGITAL LAKES INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $278,012, expenses of $295,080 and total assets of $98,339 at year end.

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