Civic Intelligence

Straits Area Services Inc.

990 • Fiscal year 2021 • EIN 36-4538279

Oct 01, 2020 to Sep 30, 2021 • Filed on Dec 24, 2021

PO Box 87Cheboygan, MI 49721

(231) 627-4319

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.23x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.25x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

75th percentile

32%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

46th percentile

7.2%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2021

Revenue Growth

31st percentile

-2.2%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2021

Assets

Up

$775,233

Up $151,046 (+24%) from 2020

Net Assets

Up

$594,780

Up $228,512 (+62%) from 2020

Liabilities

Down

$180,453

Down $77,466 (-30%) from 2020

Revenue

Up

$711,430

Up $279,779 (+65%) from 2020

Expenses

Down

$482,918

Down $4,830 (-1.0%) from 2020

Net Income

Up

$228,512

Up $284,609 (+507%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $613,148Liabilities 2011: $358,941Net Assets 2011: $254,2072011Assets 2012: $622,802Liabilities 2012: $353,830Net Assets 2012: $268,9722012Assets 2013: $703,872Liabilities 2013: $376,836Net Assets 2013: $327,0362013Assets 2014: $700,306Liabilities 2014: $388,679Net Assets 2014: $311,6272014Assets 2015: $695,005Liabilities 2015: $362,040Net Assets 2015: $332,9652015Assets 2016: $637,502Liabilities 2016: $355,137Net Assets 2016: $282,3652016Assets 2017: $630,440Liabilities 2017: $299,023Net Assets 2017: $331,4172017Assets 2018: $667,718Liabilities 2018: $281,735Net Assets 2018: $385,9832018Assets 2019: $674,383Liabilities 2019: $252,018Net Assets 2019: $422,3652019Assets 2020: $624,187Liabilities 2020: $257,919Net Assets 2020: $366,2682020Assets 2021: $775,233Liabilities 2021: $180,453Net Assets 2021: $594,7802021Assets 2022: $708,496Liabilities 2022: $28,447Net Assets 2022: $680,0492022Assets 2023: $796,315Liabilities 2023: $29,696Net Assets 2023: $766,6192023Assets 2024: $725,176Liabilities 2024: $41,457Net Assets 2024: $683,7192024Assets 2025: $764,649Liabilities 2025: $25,108Net Assets 2025: $739,5412025

Highlighted filing

2021

Assets$775,233
Liabilities$180,453
Net Assets$594,780

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $913,4502011Expenses 2012: $956,8282012Expenses 2013: $1,046,7672013Revenue 2014: $1,051,351Expenses 2014: $1,044,364Net Income 2014: $6,9872014Revenue 2015: $1,081,879Expenses 2015: $1,060,666Net Income 2015: $21,2132015Revenue 2016: $1,021,986Expenses 2016: $1,072,586Net Income 2016: -$50,6002016Revenue 2017: $958,043Expenses 2017: $908,991Net Income 2017: $49,0522017Revenue 2018: $827,574Expenses 2018: $773,008Net Income 2018: $54,5662018Revenue 2019: $744,366Expenses 2019: $707,984Net Income 2019: $36,3822019Revenue 2020: $431,651Expenses 2020: $487,748Net Income 2020: -$56,0972020Revenue 2021: $711,430Expenses 2021: $482,918Net Income 2021: $228,5122021Revenue 2022: $649,397Expenses 2022: $564,128Net Income 2022: $85,2692022Revenue 2023: $658,372Expenses 2023: $571,802Net Income 2023: $86,5702023Revenue 2024: $459,146Expenses 2024: $542,046Net Income 2024: -$82,9002024Revenue 2025: $587,347Expenses 2025: $538,397Net Income 2025: $48,9502025

Highlighted filing

2021

Revenue$711,430
Expenses$482,918
Net Income$228,512
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Dec 24, 2021
Return Version
2020v4.0
Gross Receipts
$711,430
Mission and Program Overview

Mission

To enhance the quality of life for persons with challenges, through employment and social opportunities within our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,026$389,658▲ $239,632
Land, Buildings, and Equipment, Net$334,085$320,459▼ $13,626
Savings and Temporary Cash Investments$51,421--
Accounts Receivable$72,596$50,477▼ $22,119
Prepaid Expenses and Deferred Charges$11,569$8,602▼ $2,967
Inventories for Sale or Use$4,490$6,037▲ $1,547
Total Assets$624,187$775,233▲ $151,046
Liabilities
Mortgage Notes Payable Secured by Investment Property$224,366$146,218▼ $78,148
Other Liabilities$28,303$26,805▼ $1,498
Accounts Payable and Accrued Expenses$5,250$7,430▲ $2,180
Total Liabilities$257,919$180,453▼ $77,466
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$366,268$594,780▲ $228,512
Total Net Assets Fund Balance$366,268$594,780▲ $228,512
Total Liabilities and Net Assets / Fund Balance$624,187$775,233▲ $151,046

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$314,272$363,031$677,303
Land$6,187-$6,187
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy CarterExec. DirectFT$57,531$57,531

Board Members and Trustees

NameTitle
Cyril DrierPresident
Maghan BrooksDirector
Ned WorkmanDirector
Roger KopernikSecretary
Theresa SorensonTreasurer
David JohnsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$619,970
Program Service Revenue
$91,156
Investment Income
$304
Other Revenue
$0
All Other Contributions
$42,720
Change in Net Assets
$228,512

Audited Revenue Reconciliation

Revenue per Audited Statements
$711,430
Total Revenue per Audited Statements
$711,430
Total Revenue per Form 990
$711,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,354
Other Expenses$154,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$262,461--$262,461
Other Employee Benefits$44,146--$44,146
Depreciation Depletion$38,252--$38,252
Payroll Taxes$21,747--$21,747
Insurance$18,733--$18,733
All Other Expenses$13,800--$13,800
Fees for Services Accounting$13,534--$13,534
Other Expenses$6,786--$6,786
Interest$6,491--$6,491
Occupancy$6,000--$6,000
Office Expenses$5,029--$5,029
Advertising$1,501--$1,501
Total Functional Expenses$482,918$0$0$482,918

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$482,918
Total Expenses per Audited Statements$482,918
Total Expenses per Form 990$482,918
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$14,248
Accrued Employee Benefits$10,321
Accrued Payroll Tax$2,048
Accrued Interest$188
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews the form 990 using a practitioner's publishing company (ppc) checklist specifically designed to guide board members during their review.

Form 990, Page 6, Part VI, Line 12C

Annually each board member is required to sign a statement which affirms that such person had read the conflict of interest policy, understands it, agrees to comply with it, and also that such person understands that the organization must engage primarily in those activities which further its exempt purpose.

Form 990, Page 6, Part VI, Line 15A

Annually the executive committee reviews the compensation package of the executive director. It uses employment and wage data published by carf (commission on accreditation of rehabilitation facilities) and maro employment and training association to compare straits area services compensation packages to comparable organizations with like missions and goals. After the executive committee reviews the comparable wage material and the executive directors performance evaluation, it makes its recommendation to the full governing body which then establishes the compensation package for the current year.

Form 990, Page 6, Part VI, Line 19

The organization makes its form 990 available upon request. The articles of incorporation are currently available on the state of michigan website. The organization does not make any other governing documents available to the public.

Filing and Contact Details

Filer

Filer Name
Straits Area Services Inc
EIN
36-4538279
Phone
2316274319
Address
PO BOX 87, CHEBOYGAN, MI 49721

Signing Officer

Name
Cyril Drier
Title
President
Phone
2316274319
Signed
2021-12-24

Organization Details

Principal Officer
Cyril Drier
Formed
2003
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
46

Preparer

Firm
Nieland & Kosanke Pc
Address
201 S MAIN SUITE 2, CHEBOYGAN, MI 49721-1985
Preparer
Joseph D Kosanke CPA
Phone
2316274396
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE FORM 990 USING A PRACTITIONER'S PUBLISHING COMPANY (PPC) CHECKLIST SPECIFICALLY DESIGNED TO GUIDE BOARD MEMBERS DURING THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY EACH BOARD MEMBER IS REQUIRED TO SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAD READ THE CONFLICT OF INTEREST POLICY, UNDERSTANDS IT, AGREES TO COMPLY WITH IT, AND ALSO THAT SUCH PERSON UNDERSTANDS THAT THE ORGANIZATION MUST ENGAGE PRIMARILY IN THOSE ACTIVITIES WHICH FURTHER ITS EXEMPT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. IT USES EMPLOYMENT AND WAGE DATA PUBLISHED BY CARF (COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES) AND MARO EMPLOYMENT AND TRAINING ASSOCIATION TO COMPARE STRAITS AREA SERVICES COMPENSATION PACKAGES TO COMPARABLE ORGANIZATIONS WITH LIKE MISSIONS AND GOALS. AFTER THE EXECUTIVE COMMITTEE REVIEWS THE COMPARABLE WAGE MATERIAL AND THE EXECUTIVE DIRECTORS PERFORMANCE EVALUATION, IT MAKES ITS RECOMMENDATION TO THE FULL GOVERNING BODY WHICH THEN ESTABLISHES THE COMPENSATION PACKAGE FOR THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. THE ARTICLES OF INCORPORATION ARE CURRENTLY AVAILABLE ON THE STATE OF MICHIGAN WEBSITE. THE ORGANIZATION DOES NOT MAKE ANY OTHER GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC.
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ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CYRIL DRIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02316274319
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRAITS AREA SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0STRA
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ReturnHeader/Filer/PhoneNum02316274319
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 S MAIN SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHEBOYGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0497211985
ReturnHeader/PreparerPersonGrp/PhoneNum02316274396
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH D KOSANKE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-01-24T09:13:44-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CYRIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DRIER
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.74$0.59$0.54$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.73$0.04$0.68$0.46$0.54$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.03$0.77$0.66$0.57$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.68$0.65$0.56$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.18$0.59$0.71$0.48$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.26$0.37$0.43$0.49$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.25$0.42$0.74$0.71$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.28$0.39$0.83$0.77$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.30$0.33$0.96$0.91$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.36$0.28$1.02$1.07$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.36$0.33$1.08$1.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.39$0.31$1.05$1.04$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.38$0.33$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.35$0.27$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.36$0.25$0.91