Nonprofit · EIN 80-0056165
YOUTH FINANCIAL LITERACY FOUNDATION
Tax-exempt · FARMINGTON HILLS, MI 48331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,344,008 | $3,074,624 | $269,384 | $351,832 | $0 | $351,832 |
| December 31, 2024 | 990 | $1,954,462 | $2,211,310 | -$256,848 | $82,448 | $0 | $82,448 |
| December 31, 2023 | 990 | $1,965,549 | $4,429,309 | -$2,463,760 | $339,296 | $0 | $339,296 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,196,721
- of which government grants
- $1,196,721
- Program service revenue
- $1,747,140
- Investment income
- $400,147
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,000
- Compensation of officers, directors and key employees
- $179,028
- Other salaries and wages
- $596,495
- Salaries, compensation and benefits (total)
- $894,906
- Professional fundraising fees
- $0
- Legal fees
- $15,848
- Accounting fees
- $4,872
- Occupancy
- $49,108
- Travel
- $3,371
- Program services (functional)
- $2,885,383
- Management and general (functional)
- $189,241
Balance sheet and other
- Total assets, start of year
- $82,448
- Total assets, end of year
- $351,832
- Total liabilities, end of year
- $0
- Net assets, end of year
- $351,832
- Gross receipts
- $3,344,008
- Employees
- 23
- Volunteers
- 2
- Year formed
- 2003
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL CURRY | PRESIDENT Trustee or director, Officer | 24 | $101,923 | $0 |
| ROHIL RATANPARA | VP TECHNOLOGY Officer | 40 | $72,439 | $4,666 |
| STEVE COJEI | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES ROELOFS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL CURRY | PRESIDENT TREASURER Trustee or director, Officer | 24 | $100,000 | $0 |
| ROHIL RATANPARA | VP TECHNOLOGY Officer | 40 | $67,656 | $7,344 |
| STEVE COJEI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL SCULLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL CURRY | PRESIDENT TREASURER Trustee or director, Officer | 24 | $100,000 | $0 |
| ROHIL RATANPARA | VP TECHNOLOGY Officer | 40 | $67,653 | $7,347 |
| STEVE COJEI | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL SCULLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 37735 ENTERPRISE COURT SUITE 600B, FARMINGTON HILLS, MI 48331-3425
- In care of
- % MICHAEL TOLOFF
- Mailing address (990-N for 2010)
- 37735 Enterprise Court, Suite 600, Farmington Hills MI 483313426
- Principal officer (990 for 2025)
- MICHAEL CURRY, 37735 ENTERPRISE CT STE 600B, FARMINGTON HILLS, MI 48331
- Principal officer (990-N for 2010)
- Michael Toloff, 37735 Enterprise Court, Suite 600, Farmington Hills MI 483313426
- Signed the 990
- MICHAEL CURRY, PRESIDENT TREASURER
- Phone
- (989) 436-5133
- Return prepared by
- REHMANN ROBSON LLC
Mission
THE PURPOSE OF THE YOUTH FINANCIAL LITERACY FOUNDATION IS TO PROMOTE FINANCIAL UNDERSTANDING AND KNOWLEDGE AND INSTILL HABITS FOR SOUND MONEY MANAGEMENT AND LIFELONG LEARNING.
Program accomplishments
- EXPANDED THE REACH AND SCOPE OF EDUCATIONAL OFFERINGS TO LEARNERS OF ALL AGES AND WORKED WITH OUR ALUMNI TO GROW A CULTURE OF GIVING BACK.Expenses $2,885,383 · grants $4,000 · revenue $1,747,140
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 80-0056165
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A33)
- Assets (IRS master file)
- $351,832
- Income (IRS master file)
- $3,344,008
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,344,008 | $3,074,624 | $351,832 | XML |
| 990 | December 2024 | $1,954,462 | $2,211,310 | $82,448 | IRS |
| 990 | December 2023 | $1,965,549 | $4,429,309 | $339,296 | XML |
| 990 | December 2022 | $2,261,001 | $7,224,475 | $2,768,362 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2010 Officer: Michael Toloff | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0056165).
Questions about YOUTH FINANCIAL LITERACY FOUNDATION
- What is the EIN of YOUTH FINANCIAL LITERACY FOUNDATION?
- The employer identification number (EIN) of YOUTH FINANCIAL LITERACY FOUNDATION is 80-0056165.
- Is YOUTH FINANCIAL LITERACY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to YOUTH FINANCIAL LITERACY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUTH FINANCIAL LITERACY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of YOUTH FINANCIAL LITERACY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YOUTH FINANCIAL LITERACY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of YOUTH FINANCIAL LITERACY FOUNDATION?
- The 990 for the year ended December 31, 2025 names MICHAEL CURRY.
- Who are the officers and directors of YOUTH FINANCIAL LITERACY FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 2 received compensation from the organization, the highest $101,923 (MICHAEL CURRY, PRESIDENT).
- How much revenue does YOUTH FINANCIAL LITERACY FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,344,008, expenses of $3,074,624 and total assets of $351,832 at year end.
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