Young Womans Home Association Of Detroit
- Assets
- $3.0m
- Revenue
- $212.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Grosse Pointe Farms, MI
- Founding
- 01/1945
- Data as of
- 12/2022
- EIN
- 38-1360595
Organization Overview
Young Womans Home Association Of Detroit is located in Grosse Pointe Farms, MI. The organization was established in 1945. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Womans Home Association Of Detroit is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Young Womans Home Association Of Detroit generated $212.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $177.1k during the year ending 12/2022. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Young Womans Home Association Of Detroit has awarded 166 individual grants totaling $911,158. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Thomas President | 0.5 | $0 | |
Emily Tennyson Vice Preside | 0.5 | $0 | |
Cynthia Holme Treasurer | 1 | $0 | |
Ginger Hrtanek Correspond S | 0.5 | $0 | |
Debra Partrich Recording Se | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,691 |
| Interest on Savings | $176 |
| Dividends & Interest | $44,036 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $157,940 |
| Capital Gain Net Income | $157,809 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $212,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,551 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,444 |
| Printing and publications | $0 |
| Other expenses | $89 |
| Total operating and administrative expenses | $27,093 |
| Contributions, gifts, grants paid | $150,000 |
| Total expenses and disbursements | $177,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $86,160 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,034 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,966,927 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Young Womans Home Association Of Detroit has awarded $150,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVES FOR GIRLS PURPOSE: RISE 'N SHINE 2022 | $9,150 |
ASSISTANCE LEAGUE OF SOUTHEASTERN PURPOSE: OPERATION SCHOOL BELL | $8,000 |
DETROIT INSTITUTE FOR CHILDREN PURPOSE: LEAP INTO AFTER-SCHOOL DETROIT | $10,000 |
DOMINICAN LITERACY CENTER PURPOSE: BUILDING THE DLC COMMUNITY | $5,000 |
GREAT FUTURES FAMILY SERVICES PURPOSE: SERVICES FOR LOW-INCOME MOTHERS | $7,500 |
JUDSON CENTER PURPOSE: FAMILIES TOGETHER BUILDING SOLUTIONS | $8,000 |