Overview

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Est.

2022

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

YOUTHTANK INC is a nonprofit organization based in Detroit, dedicated to providing youth with paid hands-on experiences in STEM entrepreneurship and city-building. With an operating budget of $542.6K and total revenue of $581.6K for the filing year 2025, the organization focuses on developing technical skills, leadership, and confidence among young people, thereby expanding their pathways to postsecondary success and enhancing representation in the innovation economy. YOUTHTANK does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit their website at www.youthtank.org.

Mission Statement

YOUTHTANK IS A NON-PROFIT STARTUP INCUBATOR FOR STUDENT-LED BUSINESSES IN DETROIT. WE EMBED OUR ENTREPRENEURIAL STUDIOS IN DETROIT SCHOOLS AND NEIGHBORHOODS. WE USE ACTION-BASED REAL WORLD BUSINESS CHALLENGES EMPOWER HIGH SCHOOL STUDENTS WITH CAREER-READY SKILLS. RESEARCH SHOWS THAT EFFECTIVE CAREER ACADEMIES IMPROVE SOCIO-ECONOMIC OUTCOMES. YOUTH IN DETROIT DESERVE SUPPORT TO FULLY ACCESS MULTIPLE PATHWAYS TO CAREER.
Revenues
$458.8K
Expenses
$459.7K
Net Income:
-$961
Assets
$27.7K
Liabilities
$6K
Net Assets:
+$21.7K
Operating Budget
$459.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$28.3K
Largest grant received
$51.5K
H
Holly Arida
Board Member
J
Jamie Faliski
Board Member
W
Wyatt Dudgeon
Board Member

Frequently Asked Questions

What is YOUTHTANK INC’s budget?
In 2024, YOUTHTANK INC reported an annual operating budget of around $460 thousand. More detailed financial information is available to registered users.
What causes does YOUTHTANK INC support?
YOUTHTANK INC supports work in Education services.
Where does YOUTHTANK INC operate?
YOUTHTANK INC is headquartered in Detroit, MI.
Who funded YOUTHTANK INC recently?
In 2025, YOUTHTANK INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, VARIETY CLUB CHARITY FOR CHILDREN DBA VARIETY THE CHILDREN'S CHARITY, and AMERICAN ONLINE GIVING FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant YOUTHTANK INC received in 2024?
The largest grant to YOUTHTANK INC in 2024 exceeds $52 thousand.
What is YOUTHTANK INC’s reliance on government grants?
YOUTHTANK INC relied on government grants for more than 80% of their total revenue in 2024.