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EIN 80-0056165

Youth Financial Literacy Foundation (YFL)

IRS 501(c) type
501(c)(3)
Num. employees
90
City
Farmington Hills
State
Michigan
Year formed
2003
Most recent tax filings
2022-12-01
NTEE code, primary
A33: Printing, Publishing
Description
The Youth Financial Literacy Foundation is is a 501C3 non-profit organization, dedicated to enhancing the knowledge and expanding educational opportunities for today’s youth towards financial responsibility. Our efforts are to ensure the young people of today are in preparation to monetarily stabilize and succeed in their economic futures. The YFL establishes programs for children and young adults that will enhance their understanding of key financial concepts and provide the materials necessary to present a lasting education which they will carry with them throughout their lifetime.
Total revenues
$2,261,001
2022
Total expenses
$7,224,475
2022
Total assets
$2,768,362
2022
Num. employees
90
2022

Program areas at YFL

Expanded the reach & scope of educational offerings to learners of all ages and worked with our alumni to grow a culture of giving back.

Grants made by YFL

GranteeAmount
Duke University$27,500
Georgia Institute of Technology$25,000
Rector and Visitors of the University of Virginia$25,000
...and 10 more grants made

Personnel at YFL

NameTitleCompensation
Gerald ThompsonPresident$0
Patricia KarasProgram Manager$417,150
Michael CurryPresident Treasurer$36,539
Steve CojeiSecretary$0
Rohil RatanparaVice President Te / Vice President - Technology$55,797
...and 3 more key personnel

Financials for YFL

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$2,261,001
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,261,001

Form 990s for YFL

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-01-17990View PDF
...and 7 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 5, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Tax deductible donations
General information
Address
37735 Enterprise CT Suite 600b
Farmington Hills, MI 48331
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
yflfoundation.org/ 
IRS details
EIN
80-0056165
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A33: Printing, Publishing
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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