Affinity Mentoring
- Assets
- $121.6k
- Revenue
- $366.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Grand Rapids, MI
- Founding
- 09/2016
- Data as of
- 06/2024
- EIN
- 81-2395117
Organization Overview
Affinity Mentoring is located in Grand Rapids, MI. The organization was established in 2016. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2024, Affinity Mentoring employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Affinity Mentoring 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 06/2024, Affinity Mentoring generated $366.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $514.5k during the year ending 06/2024. While expenses have increased by 11.3% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
AFFINITY MENTORING IS FACILITATE EQUITABLE GROWTH IN ACADEMICS, SOCIAL- EMOTIONAL SKILLS, AND SELF-ESTEEM THROUGH MUTUALLY BENEFICIAL MENTORING RELATIONSHIPS. WE BELIEVE IN CULTIVATING A BRAVE SPACE THAT AMPLIFIES THE VOICES OF YOUNG AGENTS OF CHANGE IN A DIVERSE AND INCLUSIVE COMMUNITY. OUR VISION IS TO BE A LEADING NONPROFIT FOR FOSTERING BELONGING ALONGSIDE YOUNG PEOPLE, FAMILIES, AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFFINITY MENTORING IS FACILITATE EQUITABLE GROWTH IN ACADEMICS, SOCIAL- EMOTIONAL SKILLS, AND SELF-ESTEEM THROUGH MUTUALLY BENEFICIAL MENTORING RELATIONSHIPS. WE BELIEVE IN CULTIVATING A BRAVE SPACE THAT AMPLIFIES THE VOICES OF YOUNG AGENTS OF CHANGE IN A DIVERSE AND INCLUSIVE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fuad Hasanovic President | OfficerTrustee | 2 | $0 |
Candace Wilkes-Scheper Vice Preside | OfficerTrustee | 2 | $0 |
Michael Boon Treasurer | OfficerTrustee | 2 | $0 |
Cait Hodge Secretary | OfficerTrustee | 2 | $0 |
Nate Nussbaum Director | Trustee | 2 | $0 |
Rayanne Beaudry Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $31,768 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $336,535 |
| Noncash contributions included in lines 1a–1f | $38,710 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $368,303 |
| Total Program Service Revenue | $0 |
| Investment income | $1,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,528 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $365,997 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $292,173 |
| Pension plan accruals and contributions | $3,255 |
| Other employee benefits | $48,386 |
| Payroll taxes | $21,720 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,082 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,134 |
| Advertising and promotion | $1,081 |
| Office expenses | $2,077 |
| Information technology | $6,954 |
| Royalties | $0 |
| Occupancy | $38,400 |
| Travel | $365 |
| 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 | $5,751 |
| Insurance | $8,145 |
| All other expenses | $759 |
| Total functional expenses | $514,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,240 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,463 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,468 |
| Other assets | $400 |
| Total assets | $121,571 |
| Accounts payable and accrued expenses | $35,208 |
| 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 | $35,208 |
| Net assets without donor restrictions | $66,713 |
| Net assets with donor restrictions | $19,650 |
| 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 | $121,571 |