Arkay INC FY2024 filing

Tax-deductible

Southgate, MI501(c)(3)Since 1985Human ServicesEIN 38-2577464Revenue $3.7M in FY2024

On file with the IRS15221 Eureka Rd, 48195-2647 · Southgate, MITax-exempt since Sep 1985Publicly supported charity — 170(b)(1)(A)(vi)

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To provide vocational services for developmentally disabled adults.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$171K 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

FY2024 · 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 $575K a year · 16% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$171K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
35 mo
of spending, in cash
Looks good: 35.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $104
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$117K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
-21% vs prior year
Spent
$3.5M
To programs
87%
Net assets
$11.4M
By yearFY2020–FY2024
Revenue
$3.7M
FY2024▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.1M
FY2021$3.6M
FY2022$2.9M
FY2023$4.7M
FY2024$3.7M
FY2024$3.7M
Expenses
$3.5M
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.3M
FY2021$2.3M
FY2022$2.8M
FY2023$3.3M
FY2024$3.5M
FY2024$3.7M
Net assets
$11.4M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.4M
FY2021$9.7M
FY2022$9.8M
FY2023$11.2M
FY2024$11.4M
FY2024$11.4M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1985.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $3.0M Management & general 12% · $426K Fundraising 1% · $26K

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

13 people listed on the 990; $171K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$171,499Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Kevin McGuckin’s $176K as Executive Director is at the 83rd percentile of top reported officer pay among 3868 $1–10M human services 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 · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kevin McGuckin$175,925$171,499$165,449$156,179$166,237$152,184

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 Arkay 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 15aYes

Programs and updates

Helps adults with developmental disabilities gain job skills and employment.

Provided by the organization

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1 program · $3.0M · in their own filed words · FY2023
01

Provided training and services for developmentally disabled adults including training in living skills, personal development, functional academics and community awareness with emphasis on preparation for independence.

$3.0Mprogram 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 1 funder$104

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.3M
Investment incomeLn 3$343K
Fees for servicesLn 2g$61K
Money outPt IX
$3.5M
Ln 25
Programscol B$3.0M
Managementcol C$426K
Fundraisingcol D$26K
Owns and owesPt X
$11.4M
net assets · Ln 32
Cash and savingsLn 1–2$10.1M
Total assetsLn 16$11.5M
LiabilitiesLn 26$117K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Government grantsLn 1e$3.3M
Fees for servicesLn 2g$61K
Investment incomeLn 3$343K
Other incomeLn 4–11$9K
Gains on assetsLn 7$4K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$176K
SavingsLn 2$9.9M
Cash and savings togetherLn 1–2$10.1M
Land, buildings, equipmentLn 10c$970K
Other assetsLn 15$10K
Total assetsLn 16$11.5M
LiabilitiesLn 26$117K
Net assetsLn 32$11.4M
OperationsPt I, VI
EmployeesI 5190
VolunteersI 611
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$9.9M$10.1M
Land, buildings, equipmentLn 10c$975K$970K
Total assetsLn 16$11.3M$11.5M
LiabilitiesLn 26$132K$117K
Net assetsLn 32$11.2M$11.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$203K$41K$142K$20K
Other salaries and wagesLn 7$2.4M$2.2M$220K$4K
Other employee benefitsLn 9$195K$182K$13K
Payroll taxesLn 10$191K$164K$26K$2K
Other fees for servicesLn 11g$22K$18K$3K$180
Office expensesLn 13$21K$18K$3K$174
OccupancyLn 16$98K$86K$11K$385
Depreciation, depletion and amortizationLn 22$53K$51K$3K$107
InsuranceLn 23$32K$27K$4K$269
Other expenses (24a–d)Ln 24$241K$240K$1K$63
Total functional expensesLn 25$3.5M$3.0M$426K$26K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $3.7M$3.5M$236K$11.4M 990 PDF
FY2023 $4.7M$3.3M$1.4M$11.2M 990 PDF
FY2022 $2.9M$2.8M$70K$9.8M 990 PDF
FY2021 $3.6M$2.3M$1.3M$9.7M 990 PDF
FY2020 $3.1M$3.3M−$145K$8.4M 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 FY2024 990 (6 parts)
Part I · Summary $3,695,078 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,370,534$3,282,741
I-9 Program service revenuePrior year $48,720$61,051
I-10 Investment incomePrior year $233,029$342,690
I-11 Other revenuePrior year $11,672$8,596
I-12 Total revenuePrior year $4,663,955$3,695,078
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 $2,823,828$2,991,425
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $427,084$467,271
I-18 Total expensesPrior year $3,250,912$3,458,696
I-19 Revenue less expensesPrior year $1,413,043$236,382
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,695,078 across 9 lines filed
VIII-1e Government grants$3,275,678
VIII-1f All other contributions, gifts and grants$7,063
VIII-1h Total contributions, gifts and grants$3,282,741
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,051$61,051
VIII-3 Investment incomeExcluded from tax $338,990$338,990
VIII-6 Net rental income or lossExcluded from tax $6,150$6,150
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,700$3,700
VIII-8 Net income from fundraising eventsExcluded from tax $2,446$2,446
VIII-12 Total revenueRelated to mission $61,051 · Unrelated business $0 · Excluded from tax $351,286$3,695,078
Part IX · Statement of functional expenses $3,458,696 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $41,079 · Management $142,021 · Fundraising $19,788$202,888
IX-7 Other salaries and wagesPrograms $2,178,069 · Management $220,270 · Fundraising $3,733$2,402,072
IX-9 Other employee benefitsPrograms $182,254 · Management $12,928$195,182
IX-10 Payroll taxesPrograms $164,044 · Management $25,632 · Fundraising $1,607$191,283
IX-11g Other fees for servicesPrograms $18,439 · Management $2,881 · Fundraising $180$21,500
IX-13 Office expensesPrograms $17,821 · Management $3,301 · Fundraising $174$21,296
IX-16 OccupancyPrograms $86,326 · Management $11,154 · Fundraising $385$97,865
IX-22 Depreciation, depletion and amortizationPrograms $50,684 · Management $2,688 · Fundraising $107$53,479
IX-23 InsurancePrograms $27,488 · Management $4,295 · Fundraising $269$32,052
IX-24 Other expenses (24a–d)Programs $240,014 · Management $1,002 · Fundraising $63$241,079
IX-25 Total functional expensesPrograms $3,006,218 · Management $426,172 · Fundraising $26,306$3,458,696
Part X · Balance sheet $11,522,707 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $405,894$175,565
X-2 Savings and temporary cash investmentsStart of year $9,527,592$9,940,672
X-4 Accounts receivableStart of year $358,200$399,881
X-9 Prepaid expenses and deferred chargesStart of year $19,675$26,194
X-10c Land, buildings and equipment, netStart of year $974,564$970,293
X-15 Other assetsStart of year $15,630$10,102
X-16 Total assetsStart of year $11,301,555$11,522,707
X-17 Accounts payable and accrued expensesStart of year $116,653$106,951
X-25 Other liabilitiesStart of year $15,630$10,102
X-26 Total liabilitiesStart of year $132,283$117,053
X-27 Net assets without donor restrictionsStart of year $11,134,272$11,405,654
X-28 Net assets with donor restrictionsStart of year $35,000$0
X-32 Total net assets or fund balancesStart of year $11,169,272$11,405,654
X-33 Total liabilities and net assetsStart of year $11,301,555$11,522,707
Part XI · Reconciliation of net assets $11,405,654 net assets at year end
XI-1 Total revenue$3,695,078
XI-2 Total expenses$3,458,696
XI-3 Revenue less expenses$236,382
XI-4 Net assets at start of year$11,169,272
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,405,654

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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