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Nonprofit · EIN 83-0750153

YOUNG BLACK & LIT

Tax-exempt · EVANSTON, IL 60202

Financials

$151K$222K2022$287K$241K2023$346K$282K2024
Revenue Expenses · by fiscal year end
Financials of YOUNG BLACK & LIT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$345,780$282,053$63,727$822,152$0$822,152
June 30, 2024990$286,690$240,723$45,967$758,190$0$758,190
June 30, 2023990$151,115$222,065-$70,950$552,572$0$552,572
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$345,780
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$159,085
Management and general (functional)
$122,968

Balance sheet and other

Total assets, start of year
$758,190
Total assets, end of year
$822,152
Total liabilities, end of year
$0
Net assets, end of year
$822,152
Publicly traded securities
$635,505
Net assets without donor restrictions
$822,152
Gross receipts
$345,780
Employees
2
Volunteers
6
Year formed
2018
State of legal domicile
IL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
KRENICE RAMSEYCO FOUNDER BOARD OF DIRECTOR
Trustee or director, Officer
20$39,231
DERRICK RAMSEYCO FOUNDER BOARD OF DIRECTORS
Trustee or director, Officer
20$37,692
MARITTA ROSEMANBOARD OF DIRECTOR
Trustee or director, Officer
10$0
KRYSTIN MADISONBOARD OF DIRECTOR
Trustee or director, Officer
10$0
KENDRA COLEBOARD OF DIRECTOR
Trustee or director, Officer
10$0
FAITH LAMBOARD OF DIRECTOR
Trustee or director, Officer
10$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
KRENICE RAMSEYCO FOUNDER BOARD OF DIRECTOR
Trustee or director, Officer
20$25,385
DERRICK RAMSEYCO FOUNDER BOARD OF DIRECTOR
Trustee or director, Officer
20$8,418
KENDRA COLEBOARD OF DIRECTOR
Trustee or director, Officer
10$0
FAITH LAMBOARD OF DIRECTOR
Trustee or director, Officer
10$0
MARITTA ROSEMANBOARD OF DIRECTOR
Trustee or director, Officer
10$0
KRYSTIN MADISONBOARD OF DIRECTOR
Trustee or director, Officer
10$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
KRYSTIN MADISONBOARD OF DIRECTOR
Trustee or director, Officer
10$0
KENDRA COLEOFFICER
Trustee or director, Officer
10$0
FAITH LAMBOARD OF DIRECTOR
Trustee or director, Officer
10$0
DERRICK RAMSEYCO FOUNDER BOARD OF DIRECTOR
Trustee or director, Officer
15$0
KRENICE RAMSEYCO FOUNDER BOARD OF DIRECTOR
Trustee or director, Officer
15$0
MARITTA ROSEMANBOARD OF DIRECTOR
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
1200 PITNER AVE, EVANSTON, IL 60202-1049
In care of
% DERRICK RAMSEY
Mailing address (990-N for 2018)
1200 PITNER AVE, Evanston IL 60202
Principal officer (990-N for 2018)
Krenice Roseman, 1200 PITNER AVE, Evanston IL 60202
Signed the 990
DERRICK RAMSEY, CO FOUNDER BOARD OF DIRECTORS
Return prepared by
BADU TAX SERVICES LLC

Mission

YOUNG, BLACK & LIT IS A 501(C)(3) NONPROFIT ORGANIZATION COMMITTED TO INCREASING ACCESS TO CHILDRENS BOOKS THAT CENTER, REFLECT, AND AFFIRM BLACK CHILDREN.

990 for the year ended June 30, 2025

Program accomplishments

  • YOUNG, BLACK & LIT SOURCES AND DISTRIBUTES NEW CHILDRENS BOOKS FEATURING BLACK MAIN CHARACTERS TO YOUTH AT NO COST TO THE YOUTH OR THEIR FAMILIES.
    Expenses $159,085 · revenue $345,779

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
83-0750153
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$822,152
Income (IRS master file)
$345,780

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$345,780$282,053$822,152XML
990June 2024$286,690$240,723$758,190XML
990June 2023$151,115$222,065$552,572XML
990June 2022–––IRS
990June 2021–––IRS
990-N for 2018
Officer: Krenice Roseman
May 31, 2019≤ $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 83-0750153).

Questions about YOUNG BLACK & LIT

What is the EIN of YOUNG BLACK & LIT?
The employer identification number (EIN) of YOUNG BLACK & LIT is 83-0750153.
Is YOUNG BLACK & LIT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to YOUNG BLACK & LIT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does YOUNG BLACK & LIT 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 YOUNG BLACK & LIT due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG BLACK & LIT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of YOUNG BLACK & LIT?
The 990-N for 2018 names Krenice Roseman.
Who are the officers and directors of YOUNG BLACK & LIT?
The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $39,231 (KRENICE RAMSEY, CO FOUNDER BOARD OF DIRECTOR).
How much revenue does YOUNG BLACK & LIT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $345,780, expenses of $282,053 and total assets of $822,152 at year end.

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