Family And Youth Institute Ofmichigan
Family And Youth Institute Ofmichigan experiences fluctuating financial performance with recent operating deficit despite significant asset growth.
EIN: 204097808 · Canton, MI · NTEE: V20 · Updated: 2026-03-28
About Family And Youth Institute Ofmichigan
Family And Youth Institute Ofmichigan (EIN: 204097808) is a nonprofit organization based in Canton, MI, classified under NTEE code V20. The organization reported total revenue of $497K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family And Youth Institute Ofmichigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family And Youth Institute Ofmichigan with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Family And Youth Institute Ofmichigan allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Family And Youth Institute Ofmichigan's IRS 990 filings:
- Operating deficit in the most recent fiscal year (2023), with expenses ($1,025,716) exceeding revenue ($850,837).
Strengths
The following positive indicators were identified for Family And Youth Institute Ofmichigan:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Significant growth in assets from $96,491 in 2015 to $2,068,120 in 2023, demonstrating successful asset accumulation.
- Substantial revenue growth over the past decade, indicating increasing support and reach.
Frequently Asked Questions about Family And Youth Institute Ofmichigan
Is Family And Youth Institute Ofmichigan financially stable?
The organization's financial stability shows variability. While assets have grown substantially to over $2 million, the 2023 filing reported expenses ($1,025,716) exceeding revenue ($850,837), indicating an operating deficit for that year. This follows a strong surplus in 2022. Long-term stability will depend on consistent revenue generation to cover expenses.
How has the organization's size changed over time?
Family And Youth Institute Ofmichigan has experienced significant growth. Revenue increased from $87,098 in 2015 to $850,837 in 2023, and assets grew from $96,491 in 2015 to $2,068,120 in 2023, demonstrating substantial expansion.
What is the trend in liabilities?
Liabilities have generally increased over time, from $0 in 2017 to $50,471 in 2023. While still a small fraction of total assets ($2,068,120), this trend should be monitored.
Filing History
IRS 990 filing history for Family And Youth Institute Ofmichigan showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Family And Youth Institute Ofmichigan's revenue has grown by 876.9%, moving from $87K to $851K. Total assets increased by 2043.3% over the same period, from $96K to $2.1M. Total functional expenses rose by 1802.6%, from $54K to $1.0M. In its most recent filing year (2023), Family And Youth Institute Ofmichigan reported a deficit of $175K, with expenses exceeding revenue. The organization holds $50K in liabilities against $2.1M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $851K | $1.0M | $2.1M | $50K | — | View 990 |
| 2022 | $1.8M | $587K | $2.1M | $32K | — | View 990 |
| 2021 | $756K | $427K | $1.0M | $6K | — | View 990 |
| 2020 | $494K | $245K | $686K | $1K | — | View 990 |
| 2019 | $298K | $216K | $426K | $2K | — | View 990 |
| 2018 | $283K | $199K | $300K | $2K | — | View 990 |
| 2017 | $204K | $126K | $228K | $0 | — | View 990 |
| 2016 | $111K | $58K | $144K | $950 | — | View 990 |
| 2015 | $87K | $54K | $96K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $851K, expenses of $1.0M, and assets of $2.1M (revenue -52.3% year-over-year).
- 2022: Revenue of $1.8M, expenses of $587K, and assets of $2.1M (revenue +136.2% year-over-year).
- 2021: Revenue of $756K, expenses of $427K, and assets of $1.0M (revenue +52.8% year-over-year).
- 2020: Revenue of $494K, expenses of $245K, and assets of $686K (revenue +65.8% year-over-year).
- 2019: Revenue of $298K, expenses of $216K, and assets of $426K (revenue +5.4% year-over-year).
- 2018: Revenue of $283K, expenses of $199K, and assets of $300K (revenue +39.0% year-over-year).
- 2017: Revenue of $204K, expenses of $126K, and assets of $228K (revenue +83.0% year-over-year).
- 2016: Revenue of $111K, expenses of $58K, and assets of $144K (revenue +27.7% year-over-year).
- 2015: Revenue of $87K, expenses of $54K, and assets of $96K.
Data Sources and Methodology
This transparency report for Family And Youth Institute Ofmichigan is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.