Detroit Food & Entrepreneurship Academy
- Assets
- $1.7m
- Revenue
- $904.0k
- Investments
- $0.0
- Employees
- 24
- Location
- Detroit, MI
- Founding
- 08/2013
- Data as of
- 12/2023
- EIN
- 46-2408286
Organization Overview
Detroit Food & Entrepreneurship Academy is located in Detroit, MI. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Detroit Food & Entrepreneurship Academy employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Food & Entrepreneurship Academy 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 12/2023, Detroit Food & Entrepreneurship Academy generated $904.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $982.0k during the year ending 12/2023. While expenses have increased by 14.2% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DETROIT FOOD ACADEMY PARTNERS WITH LOCAL HIGH SCHOOLS, EDUCATORS, AND FOOD ENTREPRENEURS TO FACILITATE A YEAR-ROUND PROGRAM. AS STUDENTS DEVELOP FOOD-BASED SOLUTIONS IN THEIR COMMUNITIES, THEY GROW AS HOLISTIC LEADERS WHO ARE HEALTHY, CONNECTED, AND POWERFUL. DETROIT FOOD ACADEMY IS A NON-PROFIT YOUTH LEADERSHIP PROGRAM THAT WORKS WITH LOCAL EDUCATORS, CHEFS, AND BUSINESS OWNERS TO INSPIRE YOUNG DETROITERS THROUGH ENTREPRENEURIAL EXPERIENCES ROOTED IN FOOD--EXPERIENCES, WHICH OPEN DOORS, CREATE CONNECTIONS, AND CULTIVATE CONFIDENCE. FROM COOKING DELICIOUS HEALTHY MEALS FOR FRIENDS AND FAMILY TO FACILITATING COMPLEX CONVERSATIONS WITH COMMUNITY, TO DEVELOPING ARTISANAL FOOD PROJECTS FROM SCRATCH TO MARKET, STUDENTS LEARN BY TRANSFORMING THEIR IDEAS INTO REALITY. BY DEVELOPING FOOD-BASED SOLUTIONS IN AND FOR THEIR COMMUNITIES, STUDENTS WILL ACHIEVE THE GOAL OF LEARNING TO IDENTIFY PROBLEMS, IMPLEMENT SOLUTIONS, AND GROW AS HOLISTIC LEADERS WHO ARE HEALTHY, CONNECTED, AND POWERFUL TO AFFE
Describe the Organization's Program Activity:
Part 3 - Line 4a
DETROIT FOOD ACADEMY OPERATES AN EXPERIENTIAL LEADERSHIP PROGRAM DEDICATED TO TRANFORMING THE LIVES OF YOUNG DETROITERS THROUGH FOOD AND SOCIAL ENTREPRENEURSHIP. THE DETROIT FOOD ACADEMY OFFERED 4 PROGRAMS DURING THE 2023 YEAR: THE AFTERSCHOOL LEADERSHIP PROGRAM, ADVANCED LEADERSHIP PROGRAM, SUMMER LEADERSHIP PROGRAM, AND THE SMALL BATCH WORKFORCE DEVELOPMENT PROGRAM. THESE PROGRAMS REACHED OVER 300 STUDENTS FROM 45 HIGH SCHOOLS AND COMMUNITY SITES ACROSS DETROIT. STUDENTS WHO JOINED THE DETROIT FOOD ACADEMY'S YOUTH-LED, YEARLONG AFTERSCHOOL PROGRAMS MET REGULARLY TO COOK TOGETHER AND GROW THEIR SOCIAL EMOTIONAL SKILLS AND TRANSFERRABLE WORK SKILLS. PROJECTS ALLOWED STUDENTS TO EXPLORE FOOD SYSTEMS, CULINARY ARTS, ENTREPRENEURSHIP, AND LEADERSHIP DEVELOPMENT.
THE SMALL BATCH DETROIT PROGRAM EMPLOYED YOUNG ADULTS IN THE DEVELOPMENT AND OPERATION OF FOOD ENTREPRENEURSHIP PROJECTS, ALONG WITH PERSONAL AND PROFESSIONAL DEVELOPMENT, HANDS-ON TRAINING OPPORTUNITIES, MENTORSHIP, AND INDIVIDUALIZED SUCCESS PATHWAY PLANNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiki Louya Executive Di | Officer | 40 | $34,434 |
Tiffany Brown Former Co-Ed | Officer | 40 | $59,577 |
Julie Wainwright Former Co-Ed | Officer | 40 | $33,702 |
Desire Vincent-Levy Board Chair | OfficerTrustee | 10 | $0 |
Noam Kimelman Treasurer | OfficerTrustee | 1 | $0 |
Brittany Rhodes Board Secret | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $758,845 |
| Noncash contributions included in lines 1a–1f | $1,279 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $758,845 |
| Total Program Service Revenue | $138,412 |
| Investment income | $6,775 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $904,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,713 |
| Compensation of current officers, directors, key employees. | $37,094 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $419,262 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,964 |
| Payroll taxes | $46,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,177 |
| Advertising and promotion | $2,508 |
| Office expenses | $65,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,856 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,414 |
| Insurance | $12,563 |
| All other expenses | $21,286 |
| Total functional expenses | $981,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,303 |
| Savings and temporary cash investments | $1,375,667 |
| Pledges and grants receivable | $118,000 |
| Accounts receivable, net | $9,497 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,562 |
| Prepaid expenses and deferred charges | $3,575 |
| Net Land, buildings, and equipment | $15,290 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,000 |
| Other assets | $550 |
| Total assets | $1,693,444 |
| Accounts payable and accrued expenses | $56,931 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $56,931 |
| Net assets without donor restrictions | $1,372,939 |
| Net assets with donor restrictions | $263,574 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,693,444 |