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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Detroit Children's Fund

Detroit Children's Fund

Fiscal year ending 2024. Filed on February 18, 2025.

1155 Gratiot Ave 420
Detroit, Michigan 48207

Detroit Children's Fund (EIN: 46-2499615) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Detroit Children's Fund, a 501(c)(3) charitable organization, reported compensation for 3 out of 8 total employees. Among the employees shown here, the average compensation is $205,217. The highest compensated employee at Detroit Children's Fund is Nick Karmanos with fiscal year 2024 compensation of $245,015.

Revenue, expenses, and employee compensation

Revenue

$6,258,931

Expenses

$3,501,419

Employee compensation

$1,106,981
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nick Karmanos
Partner
$245,015
$191,779 No related comp$53,236
Latwila Ainsworth-Comfort
Partner
$208,595
$173,900 No related comp$34,695
Lisa Laurin
Chief Development Officer
$162,040
$131,213 No related comp$30,827

Benchmark Employee Compensation

Non-Employee Board Members

Adam Levinson
Director
Anup Popat
Director
Arn Tellem
Director
Bill Emerson
Director
Darienne Driver
Director
Jason Tinsley
Treasurer and Director
Jesse Venegas
Director
Kc Crain
Board Chair and Director
Kelle Ilitch
Director
Ray Scott
Director
Ryan Maibach
Director
Tiffany Douglas
Director

Contractors

Leading Educators
Consulting
$255,000
Tntp Inc.
Principal Coaching
$232,741
Roback & Bialy Cpas PC
Outsourced Controller
$126,739
Oakland Hills Country Club
Golf Venue
$105,637

Mission Statement

THE DETROIT CHILDREN'S FUND IS A NONPROFIT ORGANIZATION THAT MAKES HIGH-POTENTIAL INVESTMENTS TO EXPAND SUCCESSFUL SCHOOLS, GREATLY IMPROVE LOWER PERFORMING SCHOOLS, AND DISCOVER AND DEVELOP TALENTED EDUCATORS SO THAT EVERY CHILD IN DETROIT HAS THE OPPORTUNITY TO RECEIVE AN EXCELLENT EDUCATION.

Revisions to this organization profile

February 18, 2025:
2024 Detroit Children's Fund 990 filed
March 7, 2024:
2023 Detroit Children's Fund 990 filed
February 20, 2023:
2022 Detroit Children's Fund 990 filed

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