Detroit Leadership Foundation
- Assets
- $194.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- Data as of
- 12/2023
- EIN
- 87-2652820
Organization Overview
Detroit Leadership Foundation is located in Detroit, MI. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Detroit Leadership Foundation 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 Leadership Foundation generated $6.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (73.2%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO EQUIP LEADERS AND EMPOWER UNDERSERVED COMMUNITIES FOR THE SPIRITUAL AND SOCIAL RENEWAL OF THE CITY OF DETROIT. THE DETROIT LEADERSHIP FOUNDATION WAS INCORPORATED IN SEPTEMBER 2021, HELD ITS FIRST BOARD MEETING IN JANUARY 2022, RATIFIED ITS MISSION IN APRIL 2022 AND KICKED OFF ITS FIRST PILOT PROGRAM IN OCTOBER 2022. MUCH OF OUR ACTIVITIES HAVE BEEN CENTERED AROUND ENGAGING WITH CHURCH AND COMMUNITY LEADERS THAT HAVE AN INTEREST IN THE DEVELOPMENT OF YOUTH LEADERS. DURING THIS FIRST YEAR OF OPERATIONS, WE RESEARCHED, CREATED AND KICKED OFF A PILOT OF OUR YOUTH MINISTRY LEADERSHIP PROGRAM AND LEADERSHIP INVESTMENT TRAINING SERIES.
Describe the Organization's Program Activity:
Part 3
RESEARCHED, CREATED AND, IN OCTOBER 2022, KICKED OFF A PILOT OF A YOUTH MINISTRY LEADERSHIP DEVELOPMENT PROGRAM AND LEADERSHIP INVESTMENT TRAINING SESSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Johanon Chairperson | 1 | $0 | |
Allen Sheffield Executive Director And Secretary | 16 | $26,880 | |
Mark Vanandel Director | 0.5 | $0 | |
Harvey Carey Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,250 |
| Total Program Service Revenue | $58 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,308 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,880 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,400 |
| Other expenses | $10,575 |
| Total expenses | $133,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,815 |
| Other assets | $0 |
| Total assets | $194,815 |
| Total liabilities | $5,399 |
| Net assets or fund balances | $189,416 |