Pssae EIN 81-4082460

Pssae

EIN  81-4082460 Public foundation / grantmaker Swartz Creek, MI Founded 2016
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports amateur sports, the arts, and education.
Leadership
Terri Callahan-Dorner · Secretary
Money in and out
$192K revenue, $207K expenses
Bottom line
99% program efficiency

Supports amateur sports, the arts, and education. For fiscal year 2025 it reported $192K in revenue, $207K in expenses, and $127K in net assets.Pt I

Grants paid & assets · FY2025
Total revenue
$192K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$16K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate▲ +9% vs prior filing year
Surplus margin
-8%
revenue over expenses, this year▲ +51% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$192K
FY2025▼ -11%
Expenses
$207K
FY2025▼ -18%
Total assets
$127K
FY2025▼ -9%
Total liabilities
$0
FY2025
Total revenue
$192K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$127K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$16K
Total assetsPt X · Ln 16$127K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $113K of program spending, described in the organization's own filed words · FY2025.
01

Tuition Assistance

$46Kprogram expense
02

Amatuer sports team assistance

$37Kprogram expense
03

Gym, ballet and dance training

$29Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPssae
EINHdr · item D81-4082460
Principal addressHdr · item CSwartz Creek, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2016
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70)
Ruling yearIRS BMFOct 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$192K
Total revenueLn 12$192K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$205K
Management & general1%$2K
Total functional expensesLn 25$207K

Balance Sheet

Part X · end of year
CashLn 1$127K
Total assetsLn 16$127K
Total liabilitiesLn 26$0
Total net assetsLn 32$127K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $127K · Operating expenses/yr $207K
7.3 months
Where the money goes
Program services
Program services $205K · Total expenses $207K
99%
Management & General
Management & general $2K · Total expenses $207K
1%
Fundraising
Fundraising $0 · Total expenses $207K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $222K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $192K · Total revenue $192K
100%
Government reliance
Government grants — · Total revenue $192K
Earned-income share
Program service revenue $0 · Total revenue $192K
0%
Investment reliance
Investment income $0 · Total revenue $192K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $207K
0%
Growth & trend
Revenue growth (YoY)
This year $192K · Prior year $216K
-11%
Revenue CAGR
FY2021 $111K · FY2025 $192K
+15%
Net-asset trend (YoY)
End of year $127K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $192K · Expenses $207K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $127K
Net-asset ratio
Net assets $127K · Total assets $127K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $127K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terri Callahan-Dorner · Reported title Secretary · Highest reported compensation $0 · Total expenses $207K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $207K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth -11%

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 · this organization's grantmaking
Grants paid · 41 grants · $874K · 2022–2025
Unitemized GrantFY2025$46,433
Unitemized GrantFY2025$37,055
Unitemized GrantFY2025$29,195
Unitemized GrantFY2025$28,699
Unitemized GrantFY2025$25,094
Unitemized GrantFY2025$14,773
Unitemized GrantFY2025$12,339
Unitemized GrantFY2024$62,379
Unitemized GrantFY2024$57,481
Unitemized GrantFY2024$49,950
Unitemized GrantFY2024$46,623
Unitemized GrantFY2024$34,940
Unitemized GrantFY2024$25,763
Unitemized GrantFY2024$16,075
Unitemized GrantFY2024$15,088
Unitemized GrantFY2024$350
Unitemized GrantFY2023$43,418
Unitemized GrantFY2023$37,639
See all 41 grants →

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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)$192K revenue · viewing · ⤓ 990 PDF
FY2024$216K revenue · ⤓ 990 PDF
FY2023$260K revenue · ⤓ 990 PDF
FY2022$220K revenue · ⤓ 990 PDF
FY2021$111K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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