Civic Intelligence

Young Kings and Queens Inc

EIN 36-4804237 • 501(c)3 • Kalamazoo, MI

Profile

To empower and inspire minority youth to live beyond the scopes of societal norms through exposure to broader cultural experiences and information.

1021 North Rose StKalamazoo, MI 49007

youngkingsandqueens.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

0.79x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

0.89x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

7th percentile

-173%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

99th percentile

$130,658

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 63.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

45th percentile

-5.3%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-61%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$243,480

Down $344 (-0.1%) from 2023

Liabilities

Up

$51,419

Up $1,144 (+2.3%) from 2023

Net Assets

Down

$192,061

Down $1,488 (-0.8%) from 2023

Revenue

Up

$519,254

Up $39,070 (+8.1%) from 2023

Expenses

Up

$520,742

Up $108,348 (+26%) from 2023

Net Income

Down

-$1,488

Down $69,278 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2020: $206,340Liabilities 2020: $80,300Net Assets 2020: $126,0402020Assets 2022: $172,684Liabilities 2022: $49,685Net Assets 2022: $122,9992022Assets 2023: $243,824Liabilities 2023: $50,275Net Assets 2023: $193,5492023Assets 2024: $243,480Liabilities 2024: $51,419Net Assets 2024: $192,0612024

Highlighted filing

2024

Assets$243,480
Liabilities$51,419
Net Assets$192,061

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $259,314Expenses 2020: $191,947Net Income 2020: $67,3672020Revenue 2022: $303,547Expenses 2022: $311,140Net Income 2022: -$7,5932022Revenue 2023: $480,184Expenses 2023: $412,394Net Income 2023: $67,7902023Revenue 2024: $519,254Expenses 2024: $520,742Net Income 2024: -$1,4882024

Highlighted filing

2024

Revenue$519,254
Expenses$520,742
Net Income-$1,488

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jan 13, 2025
Return Version
2023v6.0
Gross Receipts
$524,125
Mission and Program Overview

Mission

To empower and inspire minority youth to live beyond the scopes of societal norms through exposure to broader experiences and information.

Empowerment and inspiration of minority youth to excel beyond the scope of societal norms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$137,369$135,967▼ $1,402
Land, Buildings, and Equipment, Net$87,287$95,056▲ $7,769
Cash and Non-Interest-Bearing Accounts$18,280$11,578▼ $6,702
Accounts Receivable$888$879▼ $9
Total Assets$243,824$243,480▼ $344
Liabilities
Unsecured Notes Loans Payable$49,385$50,300▲ $915
Accounts Payable and Accrued Expenses$890$1,119▲ $229
Total Liabilities$50,275$51,419▲ $1,144
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$193,549$192,061▼ $1,488
Total Net Assets Fund Balance$193,549$192,061▼ $1,488
Total Liabilities and Net Assets / Fund Balance$243,824$243,480▼ $344

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,853$10,889$45,742
Land$30,700-$30,700
Buildings$19,892$1,808$21,700
Other Land Buildings$9,611$81$9,692
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Takisha JohnsonTreasurerFT$64,588$64,588
R'SHAUN PALMERPresidentFT$40,587$40,587
Destiny ClarkSecretaryPT$17,696$17,696

Board Members and Trustees

NameTitle
Anasia MonroeBoard Truste
Zarquise ArnoldJr. Secretar
Ava MoreheadJr. Treasure
Serenity RostickVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$518,610
Program Service Revenue
$650
Investment Income
$3,157
Other Revenue
$-3,163
All Other Contributions
$405,056
Change in Net Assets
$-1,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$319,888
Other Expenses$200,854
Total Fundraising Expense$544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$12,166$123,014-$135,180
Other Salaries and Wages$7,820$78,107-$85,927
Other Employee Benefits$81,866--$81,866
All Other Expenses$26,462$12,660$44$39,166
Occupancy$4,144$24,465-$28,609
Fees for Services Accounting$1,260$21,000-$22,260
Payroll Taxes$1,529$15,386-$16,915
Office Expenses$8,569$2,503-$11,072
Other Expenses$8,714--$8,714
Insurance-$8,012-$8,012
Travel$7,588$161-$7,749
Advertising$224$6,027-$6,251
Conferences and Meetings$4,776--$4,776
Interest-$3,710-$3,710
Fees for Services Other$1,000$1,146$500$2,646
Depreciation Depletion$1,241$682-$1,923
Information Technology-$1,439-$1,439
Fees for Services Legal-$5-$5
Total Functional Expenses$221,881$298,317$544$520,742
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,871
Fundraising Gross Income$1,708
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Takisha johnson rshaun palmer treasurer president mother

Form 990, Page 6, Part VI, Line 6

Membership consists of the youth board of directors and youth who have successfully completed the royal summer program followed by two consecutive trimesters with positive performance in their respective educational programs while also meeting the community service minimum of 3 service projects per year. Membership dues are set in the bylaws of the organization and can be paid in-kind through community service. Membership may be revoked after 90 days of noncompliance, which includes missed attendance, non participation, non paid dues, and/or not completing community service projects. Suspension requires notice and cannot last more than 180 days without an additional request before revocation. To reestablish membership, the member will be placed on a 90-day probationary period. During that time, one must actively participate in community service events, pay dues as scheduled, and maintain regular attendance.

Form 990, Page 6, Part VI, Line 11B

A draft copy of the form 990 is provided to the board of directors at the first meeting the draft is completed. The board then reviews and approves the form 990 for filing prior to submission.

Form 990, Page 6, Part VI, Line 12C

All organization policies are reviewed annually.

Form 990, Page 6, Part VI, Line 15A

The organization, through independent members of the board, reviews comparable wage data for similar positions and considers the financial position of the organization to determine if and how much to compensate employees of the organization.

Form 990, Page 6, Part VI, Line 15B

The organization., through independent members of the board, reviews comparable wage data for similar positions and considers the financial position of the organization to determine if and how much to compensate employees of the organization.

Form 990, Page 6, Part VI, Line 19

Documents are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Young Kings and Queens Inc
EIN
36-4804237
Phone
2695997887
Address
1021 NORTH ROSE ST, KALAMAZOO, MI 49007

Signing Officer

Name
Takisha Johnson
Title
Treasurer
Phone
2695997887
Signed
2025-01-13

Organization Details

Principal Officer
Takisha Johnson
Formed
2017
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
4
Employees
8
Volunteers
55

Preparer

Firm
Yeo & Yeo Pc
Address
710 E MILHAM AVE, KALAMAZOO, MI 49002-1494
Preparer
Jennifer M Tobias
Phone
2693297007
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAKISHA JOHNSON RSHAUN PALMER TREASURER PRESIDENT MOTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP CONSISTS OF THE YOUTH BOARD OF DIRECTORS AND YOUTH WHO HAVE SUCCESSFULLY COMPLETED THE ROYAL SUMMER PROGRAM FOLLOWED BY TWO CONSECUTIVE TRIMESTERS WITH POSITIVE PERFORMANCE IN THEIR RESPECTIVE EDUCATIONAL PROGRAMS WHILE ALSO MEETING THE COMMUNITY SERVICE MINIMUM OF 3 SERVICE PROJECTS PER YEAR. MEMBERSHIP DUES ARE SET IN THE BYLAWS OF THE ORGANIZATION AND CAN BE PAID IN-KIND THROUGH COMMUNITY SERVICE. MEMBERSHIP MAY BE REVOKED AFTER 90 DAYS OF NONCOMPLIANCE, WHICH INCLUDES MISSED ATTENDANCE, NON PARTICIPATION, NON PAID DUES, AND/OR NOT COMPLETING COMMUNITY SERVICE PROJECTS. SUSPENSION REQUIRES NOTICE AND CANNOT LAST MORE THAN 180 DAYS WITHOUT AN ADDITIONAL REQUEST BEFORE REVOCATION. TO REESTABLISH MEMBERSHIP, THE MEMBER WILL BE PLACED ON A 90-DAY PROBATIONARY PERIOD. DURING THAT TIME, ONE MUST ACTIVELY PARTICIPATE IN COMMUNITY SERVICE EVENTS, PAY DUES AS SCHEDULED, AND MAINTAIN REGULAR ATTENDANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT THE FIRST MEETING THE DRAFT IS COMPLETED. THE BOARD THEN REVIEWS AND APPROVES THE FORM 990 FOR FILING PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL ORGANIZATION POLICIES ARE REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION, THROUGH INDEPENDENT MEMBERS OF THE BOARD, REVIEWS COMPARABLE WAGE DATA FOR SIMILAR POSITIONS AND CONSIDERS THE FINANCIAL POSITION OF THE ORGANIZATION TO DETERMINE IF AND HOW MUCH TO COMPENSATE EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION., THROUGH INDEPENDENT MEMBERS OF THE BOARD, REVIEWS COMPARABLE WAGE DATA FOR SIMILAR POSITIONS AND CONSIDERS THE FINANCIAL POSITION OF THE ORGANIZATION TO DETERMINE IF AND HOW MUCH TO COMPENSATE EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TAKISHA JOHNSON
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YEO & YEO PC
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-15
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ReturnHeader/ReturnTs02025-01-15T15:13:26-05:00

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