Brixy INC EIN 46-2107596 Form 990 (PDF) Claim this org

Brixy INC FY2024 filing

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Supports independent brick-and-mortar stores selling children's goods. For fiscal year 2024 it reported $576K in revenue, $513K in expenses, and $879K in net assets.Pt I

Founded
2013
Type
Business league / trade association · Mutual/Membership
Location
Rochester, NY
Website
www.brixy.com
Filings
6 on file (2020–2024)
Revenue
$576KFY2024
Expenses
$513K
Net assets
$879K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-2107596 Business league / trade association Rochester, NY Founded 2013
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Supports independent brick-and-mortar stores selling children's goods.
Leadership
Mark Simon · Executive Director · $154K
Money in and out
$576K revenue, $513K expenses
Bottom line
+11% operating surplus
Membership & operating revenue · FY2024
Total revenue
$576K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$879K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $63K
Operating surplus
+11%
revenue over expenses
Earned revenue
4%
of revenue from program services & dues
Payroll share
68%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$576K
FY2024▲ +11%
Expenses
$513K
FY2024▲ +17%
Total assets
$1.6M
FY2024▲ +28%
Total liabilities
$677K
FY2024▲ +69%
Total revenue
$576K
Pt VIII · Ln 12
Total expenses
$513K
Pt IX · Ln 25
Net assets
$879K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrixy INC
EINHdr · item D46-2107596
Principal addressHdr · item CRochester, NY
WebsiteHdr · item Jwww.brixy.com
Year of formationHdr · item L2013
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFMutual/Membership (Y03)
Ruling yearIRS BMFJun 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$154,214Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Mark Simon’s $177K as Executive Director is at the 98th percentile of top reported officer pay among 536 $100K–1M mutual/membership 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mark Simon$176,538$154,214$134,634$132,808$120,000$120,000

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, described in the organization's own filed words · FY2024.
01

Fostered community through online message boards, regional meetings, and other networking opportunities. 75% of brixy members belong to the brixy members messageboard, which is a private group on facebook for sharing ideas. In addition, approximately 50% of brixy members attended the annual business meeting held in las vegas, NV.

Pt IX · col B
02

Developed marketing campaigns that retailers can use in marketing to new and existing customers. Brixy made available a digital media kit for members to use in promoting brixy's private label furniture collection, and worked on marketing campaigns with fit pregnancy magazine and the baby guy nyc.

Pt IX · col B
03

Provided resources and training on sales, products, safety trends, and more. Brixy offered 12 different education sessions on marketing and retail finance at the annual spring education conference in las vegas, NV.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$346K · 60%
Other revenue$182K · 32%
Program service revenue$26K · 4%
Investment income$22K · 4%
Contributions & grants60%$346K
Other revenue32%$182K
Program service revenue4%$26K
Investment income4%$22K
Total revenueLn 12$576K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$1.6M
Total liabilitiesLn 26$677K
Total net assetsLn 32$879K
Months of cash on handcomputed28.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.2M · Operating expenses/yr $513K
28.7 months
Where the money goes
Program services
Program services — · Total expenses $513K
Management & General
Management & general — · Total expenses $513K
Fundraising
Fundraising — · Total expenses $513K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $346K · Total revenue $576K
60%
Government reliance
Government grants — · Total revenue $576K
Earned-income share
Program service revenue $26K · Total revenue $576K
4%
Investment reliance
Investment income $22K · Total revenue $576K
+4%
Program self-sufficiency
Program service revenue $26K · Total expenses $513K
5%
Growth & trend
Revenue growth (YoY)
This year $576K · Prior year $521K
+11%
Revenue CAGR
FY2020 $317K · FY2024 $576K
+16%
Net-asset trend (YoY)
End of year $879K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $576K · Expenses $513K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $879K · Total assets $1.6M
56%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mark Simon · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $154K · Total expenses $513K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $349K · Total expenses $513K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 11%
Legal fee ratio 0.5%
Accounting fee ratio 1%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$170K

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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
FY2025 (Latest)$579K revenue · ⤓ 990 PDF
FY2024$576K revenue · viewing · ⤓ 990 PDF
FY2023$521K revenue · ⤓ 990 PDF
FY2022$677K revenue · ⤓ 990 PDF
FY2021$293K revenue · ⤓ 990 PDF
FY2020$317K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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