Brooklink INC EIN 80-0285696 Form 990 (PDF) Claim this org

Brooklink INC FY2022 filing

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Equips and empowers local church leaders globally to release transformational leaders for greater impact. For fiscal year 2022 it reported $475K in revenue, $400K in expenses, and $581K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Brookfield, WI
Website
www.brooklink.org
Filings
5 on file (2020–2022)
Revenue
$475KFY2022
Expenses
$400K
Net assets
$581K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  80-0285696 Public charity (501(c)(3)) Brookfield, WI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Equips and empowers local church leaders globally to release transformational leaders for greater impact.
Leadership
Charles Lee Heyward · Founder/CEO · $80K
Money in and out
$475K revenue, $400K expenses
Bottom line
45% program efficiency
Where the money goes · FY2022
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$400K
Pt IX · Ln 25
Net assets
$581K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $75K
Where spending went · Part IX cols B–D
Program services $0.45 Management & general $0.30 Fundraising $0.25
Program efficiency
45%
of spending reaches programs
Operating runway
17.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$475K
FY2022▲ +41%
Expenses
$400K
FY2022▲ +83%
Total assets
$614K
FY2022▲ +10%
Total liabilities
$33K
FY2022▼ -34%
Total revenue
$475K
Pt VIII · Ln 12
Total expenses
$400K
Pt IX · Ln 25
Net assets
$581K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$75K
Total assetsPt X · Ln 16$614K
Program-expense ratioPt IX · col B45%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrooklink INC
EINHdr · item D80-0285696
Principal addressHdr · item CBrookfield, WI
WebsiteHdr · item Jwww.brooklink.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$79,615Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director (effective Sept.)
$0Pt VII · Sec A
Director (effective Oct.)
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Charles Lee Heyward$175,000$175,000$79,615$15,000$15,576

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

1 program service account for $178K of program spending, described in the organization's own filed words · FY2022.
01

Brooklink resumed a robust season of engagement in 2022. Our biggest engagement was the return to full-time service of our founder and ceo, lee heyward, in august. He had been serving temporarily as elmbrook church's lead pastor for over three years, including an extension during their search for a permanent lead pastor.

$178Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$473K
Investment income$2K
— government grantsLn 1e$27K
Total revenueLn 12$475K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.45 Management & general $0.30 Fundraising $0.25
Program services45%$178K
Management & general30%$120K
Fundraising25%$101K
Total functional expensesLn 25$400K

Balance Sheet

Part X · end of year
CashLn 1$595K
Total assetsLn 16$614K
Total liabilitiesLn 26$33K
Total net assetsLn 32$581K
Months of cash on handcomputed17.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $595K · Operating expenses/yr $400K
17.8 months
Where the money goes
Program services
Program services $178K · Total expenses $400K
45%
Management & General
Management & general $120K · Total expenses $400K
30%
Fundraising
Fundraising $101K · Total expenses $400K
25%
Cost to raise $1
Fundraising expense (3-yr avg) $55K · Solicited contributions (3-yr avg) $346K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $473K · Total revenue $475K
100%
Government reliance
Government grants $27K · Total revenue $475K
6%
Earned-income share
Program service revenue $0 · Total revenue $475K
0%
Investment reliance
Investment income $2K · Total revenue $475K
+0.4%
Program self-sufficiency
Program service revenue $0 · Total expenses $400K
0%
Growth & trend
Revenue growth (YoY)
This year $475K · Prior year $338K
+41%
Net-asset trend (YoY)
End of year $581K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $475K · Expenses $400K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $614K
Net-asset ratio
Net assets $581K · Total assets $614K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $614K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Charles Lee Heyward · Reported title FOUNDER/CEO · Highest reported compensation $80K · Total expenses $400K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $223K · Total expenses $400K
56%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 45%
Overhead ratio 30%
Fundraising cost ratio 21%
Revenue growth 41%
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
See all 7 funders →

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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)$524K revenue · ⤓ 990 PDF
FY2023$458K revenue · ⤓ 990 PDF
FY2022$475K revenue · viewing · ⤓ 990 PDF
FY2021$338K revenue · ⤓ 990 PDF
FY2020$277K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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