Brickways Management EIN 38-2297819 Form 990 (PDF) Claim this org

Brickways Management FY2021 filing

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Offers housing and support for people with intellectual or developmental disabilities. For fiscal year 2021 it reported $320K in revenue, $284K in expenses, and $307K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Traverse City, MI
Website
www.brickways.org
Filings
5 on file (2020–2021)
Revenue
$320KFY2021
Expenses
$284K
Net assets
$307K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  38-2297819 Public charity (501(c)(3)) Traverse City, MI
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers housing and support for people with intellectual or developmental disabilities.
Leadership
Susan Onan Swartz · Executive Director · $60K
Money in and out
$320K revenue, $284K expenses
Bottom line
63% program efficiency
Where the money goes · FY2021
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$307K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $37K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.36 Fundraising $0.02
Program efficiency
63%
of spending reaches programs
Operating runway
10.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$320K
FY2021▼ -42%
Expenses
$284K
FY2021▼ -43%
Total assets
$338K
FY2021▲ +11%
Total liabilities
$30K
FY2021▼ -12%
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$307K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$37K
Total assetsPt X · Ln 16$338K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrickways Management
EINHdr · item D38-2297819
Principal addressHdr · item CTraverse City, MI
WebsiteHdr · item Jwww.brickways.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$60,040Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2021FY2020
Susan R Onan-Swartz$63,658
Susan Onan Swartz$60,040

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $177K of program spending, described in the organization's own filed words · FY2021.
01

Administration and Management of 2- Section 8 properties 1-MSHDA Home Property 2-Private rental properties and 1-leased property. All properties managed for the benefit of adults with developmental or intellectual disabilities.

$86Kprogram expense
02

Full service maintenance services provided for the benefit of BrickWays Management property and tenants

$66Kprogram expense
03

Management of TRAIL services corp which provides community Living Supports under contract with Community Mental Health.

$25Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$173K · 54%
Program service revenue$138K · 43%
Other revenue$10K · 3%
Contributions & grants54%$173K
Program service revenue43%$138K
Other revenue3%$10K
Investment income$104
Total revenueLn 12$320K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.36 Fundraising $0.02
Program services63%$177K
Management & general36%$102K
Fundraising2%$4K
Total functional expensesLn 25$284K

Balance Sheet

Part X · end of year
CashLn 1$253K
Total assetsLn 16$338K
Total liabilitiesLn 26$30K
Total net assetsLn 32$307K
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $253K · Operating expenses/yr $284K
10.7 months
Where the money goes
Program services
Program services $177K · Total expenses $284K
63%
Management & General
Management & general $102K · Total expenses $284K
36%
Fundraising
Fundraising $4K · Total expenses $284K
2%
Cost to raise $1
Fundraising expense (2-yr avg) $10K · Solicited contributions (2-yr avg) $150K
$0.07 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $173K · Total revenue $320K
54%
Government reliance
Government grants $0 · Total revenue $320K
0%
Earned-income share
Program service revenue $138K · Total revenue $320K
43%
Investment reliance
Investment income $104 · Total revenue $320K
+0.03%
Program self-sufficiency
Program service revenue $138K · Total expenses $284K
48%
Growth & trend
Revenue growth (YoY)
This year $320K · Prior year $555K
-42%
Net-asset trend (YoY)
End of year $307K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $320K · Expenses $284K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $338K
Net-asset ratio
Net assets $307K · Total assets $338K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $338K
0%
People & payroll
Highest Reported Total Compensation
Individual Susan Onan Swartz · Reported title Executive Director · Highest reported compensation $60K · Total expenses $284K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $203K · Total expenses $284K
72%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 36%
Fundraising cost ratio 3%
Revenue growth -42%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$312K
Grants paid · 1 grant · $9K · 2023–2023
Trail CorpMI · FY2023$9,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$489K revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$642K revenue · ⤓ 990 PDF
FY2021$320K revenue · viewing · ⤓ 990 PDF
FY2020$555K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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