Ethel a Brown Trust

Manistique, MIMutual-benefit / member-servingSince 1977EIN 38-2130936Revenue $67K in FY2025

On file with the IRS315 Walnut St, 49854-1413 · Manistique, MITax-exempt since Apr 1975

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The Trust supports the up-keep, care, maintenance and improvement of lakeview cemetery, which is owned by the city of manistique, mi.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $46K a year · 67% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
40 mo
of spending, in cash
Plus $949K in investments, Pt X · Ln 11–13
Looks good: 40.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$67K
+89% vs prior year
Spent
$35K
To programs
100%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$67K
FY2025▲ +89%
Tap a bar for its year
Revenue by fiscal year
FY2020$192K
FY2021$17K
FY2022$63K
FY2023$38K
FY2024$35K
FY2025$67K
Expenses
$35K
FY2025▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2020$17K
FY2021$22K
FY2022$11K
FY2023$22K
FY2024$28K
FY2025$35K
Net assets
$1.1M
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$871K
FY2021$1.0M
FY2022$895K
FY2023$934K
FY2024$1.0M
FY2025$1.1M

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1975.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $35K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ethel a Brown Trust 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

Maintains and improves Lakeview Cemetery for the City of Manistique.

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Provided by the organization

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1 program · $35K · in their own filed words · FY2024
01

Maintenance and improvement of lakeview cemetery

$35Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $73K · 2021–2024
Lakeview CemeteryMI · FY2024$28,644
Lakeview CemeteryMI · FY2023$22,678
Lakeview CemeteryMI · FY2022$15,744
Lakeview CemeteryMI · FY2021$6,200

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$67K
Ln 12
Investment incomeLn 3$67K
Money outPt IX
$35K
Ln 25
Programscol B$35K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$117K
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$67K
Gains on assetsLn 7$36K
Total revenueLn 12$67K
Assets in detailPt X, end of year
SavingsLn 2$117K
Cash and savings togetherLn 1–2$117K
InvestmentsLn 11–13$949K
Other assetsLn 15$2K
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$62K$117K
InvestmentsLn 11–13$945K$949K
Total assetsLn 16$1.0M$1.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.0M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$29K$29K
Investment management feesLn 11f$6K$6K
Other fees for servicesLn 11g$364$364
Total functional expensesLn 25$35K$35K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $67K$35K$32K$1.1M 990 PDF
FY2024 $35K$28K$7K$1.0M 990 PDF
FY2023 $38K$22K$17K$934K 990 PDF
FY2022 $63K$11K$52K$895K 990 PDF
FY2021 $17K$22K−$6K$1.0M 990 PDF
FY2020 $192K$17K$175K$871K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $67,094 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $36,064$67,094
I-11 Other revenue$0
I-12 Total revenuePrior year $36,064$67,094
I-13 Grants and similar amounts paidPrior year $22,678$28,644
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $5,519$6,068
I-18 Total expensesPrior year $28,197$34,712
I-19 Revenue less expensesPrior year $7,867$32,382
Part VI · Governance 1 of 1 board members independent, 3 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction 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
Part VIII · Statement of revenue $67,094 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $31,588$31,588
VIII-7 Net gain or loss on sales of assetsExcluded from tax $35,506$35,506
VIII-12 Total revenueExcluded from tax $67,094$67,094
Part IX · Statement of functional expenses $34,712 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $28,644$28,644
IX-11f Investment management feesPrograms $5,704$5,704
IX-11g Other fees for servicesPrograms $364$364
IX-25 Total functional expensesPrograms $34,712 · Management $0 · Fundraising $0$34,712
Part X · Balance sheet $1,067,790 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $62,117$117,193
X-11 Publicly traded securitiesStart of year $945,260$948,505
X-15 Other assetsStart of year $2,415$2,092
X-16 Total assetsStart of year $1,009,792$1,067,790
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,009,792$1,067,790
X-33 Total liabilities and net assetsStart of year $1,009,792$1,067,790
Part XI · Reconciliation of net assets $1,067,790 net assets at year end
XI-1 Total revenue$67,094
XI-2 Total expenses$34,712
XI-3 Revenue less expenses$32,382
XI-4 Net assets at start of year$1,009,792
XI-5 Net unrealized gains (losses) on investments$25,616
XI-10 Net assets at end of year$1,067,790

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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