Saw INC FY2021 filing

Tax-deductible

Warrensvl Hts, OH501(c)(3)Since 1969EmploymentEIN 34-1049486Revenue $11.0M in FY2021

On file with the IRSsawinc.org4829 Galaxy Pkwy Ste E, 44128-5955 · Warrensvl Hts, OHTax-exempt since Jul 1970Publicly supported — 509(a)(2)

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To secure employment opportunities for people with developmental disabilities.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
$122K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $746K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$122K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $72K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$479K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.0M
+65% vs prior year
Spent
$8.4M
To programs
82%
Net assets
$5.9M
By yearFY2020–FY2024
Revenue
$11.0M
FY2021▲ +65%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.7M
FY2021$11.0M
FY2022$9.4M
FY2023$10.6M
FY2024$12.3M
Expenses
$8.4M
FY2021▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$7.9M
FY2021$8.4M
FY2022$9.0M
FY2023$10.3M
FY2024$10.5M
Net assets
$5.9M
FY2021▲ +72%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.4M
FY2021$5.9M
FY2022$6.0M
FY2023$6.3M
FY2024$8.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1970.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $6.9M Management & general 18% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $122K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$121,500Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee (until 03/22)
$0Pt VII · Sec A
$0Pt VII · Sec A

Judith Carey’s $111K as Chief Executive Officer is at the 5th percentile of top reported officer pay among 414 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Judith Carey$110,763$171,087$121,000$121,500$121,592
Laura Cooper$99,028————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Saw INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Connects people with developmental disabilities to meaningful jobs.

Provided by the organization

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3 programs · $6.9M · in their own filed words · FY2021
01

Provided operations of 5 adult activity centers to assist individuals with developmental disabilities in choosing and achieving a life of increasing capability. Employed 255 of these individuals during 2021.

$3.1Mprogram expense
02

Group employment activities which serve as training grounds for saw employees in the community in the areas of custodial maintenance, grounds maintenance and community enclaves. Employed 141 of these individuals during 2021.

$2.2Mprogram expense
03

Just a buck operated 2 dollar stores, which served as retail training centers for saw employees. Employed 28 of these individuals during 2021. Each store equips employees with the skills necessary to be reliable employees in the retail environment. Both stores closed 12-31-21.

$1.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$72K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$11.0M
Ln 12
Fees for servicesLn 2g$7.3M
Gifts and grantsLn 1h$3.2M
Other incomeLn 4–11$460K
Money outPt IX
$8.4M
Ln 25
Programscol B$6.9M
Managementcol C$1.5M
Owns and owesPt X
$5.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.1M
Total assetsLn 16$6.4M
LiabilitiesLn 26$479K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.2M
Government grantsLn 1e$3.2M
Fees for servicesLn 2g$7.3M
Investment incomeLn 3$48K
Other incomeLn 4–11$460K
Total revenueLn 12$11.0M
Assets in detailPt X, end of year
CashLn 1$3.0M
SavingsLn 2$145K
Cash and savings togetherLn 1–2$3.1M
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$609K
Total assetsLn 16$6.4M
LiabilitiesLn 26$479K
Net assetsLn 32$5.9M
OperationsPt I, VI
EmployeesI 5552
VolunteersI 68
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2.6M$3.1M
InvestmentsLn 11–13$1.6M$1.9M
Land, buildings, equipmentLn 10c$672K$609K
Total assetsLn 16$5.8M$6.4M
LiabilitiesLn 26$2.4M$479K
Net assetsLn 32$3.4M$5.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$131K$131K
Other salaries and wagesLn 7$5.0M$4.1M$925K
Other employee benefitsLn 9$1.4M$1.4M
Payroll taxesLn 10$411K$411K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$41K$41K
Other fees for servicesLn 11g$193K$126K$68K
Advertising and promotionLn 12$53K$37K$16K
Office expensesLn 13$469K$276K$193K
OccupancyLn 16$467K$235K$231K
TravelLn 17$12K$12K
Depreciation, depletion and amortizationLn 22$64K$57K$7K
InsuranceLn 23$98K$98K
Other expenses (24a–d)Ln 24$112K$112K
All other expensesLn 24e$27K$27K
Total functional expensesLn 25$8.4M$6.9M$1.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $12.3M$10.5M$1.8M$8.0M 990 PDF
FY2023 $10.6M$10.3M$265K$6.3M 990 PDF
FY2022 $9.4M$9.0M$378K$6.0M 990 PDF
FY2021 Viewing $11.0M$8.4M$2.5M$5.9M 990 PDF
FY2020 $6.7M$7.9M−$1.2M$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $10,960,526 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $734,623$3,192,331
I-9 Program service revenuePrior year $5,236,093$7,260,713
I-10 Investment incomePrior year $81,757$47,728
I-11 Other revenuePrior year $604,352$459,754
I-12 Total revenuePrior year $6,656,825$10,960,526
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,390,779$6,893,089
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,470,429$1,549,011
I-18 Total expensesPrior year $7,861,208$8,442,100
I-19 Revenue less expensesPrior year −$1,204,383$2,518,426
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $10,960,526 across 7 lines filed
Lines not itemized here account for $386,704 of total revenue; see the IRS return.
VIII-1e Government grants$3,190,096
VIII-1f All other contributions, gifts and grants$2,235
VIII-1h Total contributions, gifts and grants$3,192,331
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,260,713$7,260,713
VIII-3 Investment incomeExcluded from tax $47,728$47,728
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $73,050$73,050
VIII-12 Total revenueRelated to mission $7,720,467 · Unrelated business $0 · Excluded from tax $47,728$10,960,526
Part IX · Statement of functional expenses $8,442,100 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $131,110$131,110
IX-7 Other salaries and wagesPrograms $4,050,739 · Management $924,820$4,975,559
IX-9 Other employee benefitsPrograms $1,375,341$1,375,341
IX-10 Payroll taxesPrograms $411,079$411,079
IX-11b Legal feesManagement $13,622$13,622
IX-11c Accounting feesManagement $41,350$41,350
IX-11g Other fees for servicesPrograms $125,584 · Management $67,855$193,439
IX-12 Advertising and promotionPrograms $36,881 · Management $15,787$52,668
IX-13 Office expensesPrograms $275,750 · Management $193,471$469,221
IX-16 OccupancyPrograms $235,311 · Management $231,489$466,800
IX-17 TravelPrograms $11,624$11,624
IX-22 Depreciation, depletion and amortizationPrograms $56,844 · Management $7,069$63,913
IX-23 InsurancePrograms $97,626$97,626
IX-24 Other expenses (24a–d)Programs $111,554$111,554
IX-24e All other expensesPrograms $27,194$27,194
IX-25 Total functional expensesPrograms $6,946,637 · Management $1,495,463 · Fundraising $0$8,442,100
Part X · Balance sheet $6,395,410 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,236,720$2,970,019
X-2 Savings and temporary cash investmentsStart of year $374,260$144,971
X-4 Accounts receivableStart of year $719,739$758,661
X-8 Inventories for sale or useStart of year $136,384$0
X-9 Prepaid expenses and deferred chargesStart of year $59,084$54,435
X-10c Land, buildings and equipment, netStart of year $672,436$608,520
X-11 Publicly traded securitiesStart of year $1,613,879$1,858,804
X-16 Total assetsStart of year $5,812,502$6,395,410
X-17 Accounts payable and accrued expensesStart of year $424,680$475,894
X-19 Deferred revenueStart of year $187,285$3,601
X-24 Unsecured notes and loans payableStart of year $1,768,600$0
X-26 Total liabilitiesStart of year $2,380,565$479,495
X-27 Net assets without donor restrictionsStart of year $3,431,937$5,915,915
X-32 Total net assets or fund balancesStart of year $3,431,937$5,915,915
X-33 Total liabilities and net assetsStart of year $5,812,502$6,395,410
Part XI · Reconciliation of net assets $5,915,915 net assets at year end
XI-1 Total revenue$10,960,526
XI-2 Total expenses$8,442,100
XI-3 Revenue less expenses$2,518,426
XI-4 Net assets at start of year$3,431,937
XI-5 Net unrealized gains (losses) on investments−$34,448
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,915,915

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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