Overview

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Est.

2022

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

YOUTHTANK INC is a nonprofit organization focused on education services, dedicated to equipping Detroit 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 in the 2025 filing year, the organization relies on significant support from funders such as AMERICAN ONLINE GIVING FOUNDATION INC and VARIETY CLUB CHARITY FOR CHILDREN DBA VARIETY THE CHILDREN'S CHARITY. YouthTank's mission is to develop technical skills, leadership, and confidence in youth while expanding pathways to postsecondary success and increasing representation in the innovation economy.

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
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  • 2 funders
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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.