Bay-Rama Inc
- Assets
- $398.8k
- Revenue
- $157.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New Baltimore, MI
- Founding
- 05/1995
- Data as of
- 07/2022
- EIN
- 23-7230142
Organization Overview
Bay-Rama Inc is located in New Baltimore, MI. The organization was established in 1995. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay-Rama Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, Bay-Rama Inc generated $157.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $29.4k during the year ending 07/2022. While expenses have increased by 5.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARK DEVELOPMENT, SUPPORT OF LOCAL CHARITIES, AND STUDENT SCHOLARSHIPS, FOR THE BETTERMENT OF OUR LOCAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS
OTHER GRANTS TO NON-PROFIT ORGANIZATIONS
CITY OF NEW BALTIMORE PARK MAINTENANCE AND DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Wolschleger Secretary | OfficerTrustee | 2 | $0 |
Mike Anulli Vice Preside | OfficerTrustee | 2 | $0 |
Stephanie Yenna Treasurer | OfficerTrustee | 2 | $0 |
Lisa Thomas President | OfficerTrustee | 2 | $0 |
Eric Haydamack Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,306 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,306 |
| Total Program Service Revenue | $0 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $150,877 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $157,252 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,243 |
| Grants and other assistance to domestic individuals. | $1,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,724 |
| Information technology | $333 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,940 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $29,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,776 |
| Savings and temporary cash investments | $154,533 |
| Pledges and grants receivable | $7,725 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,479 |
| Net Land, buildings, and equipment | $31,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $398,840 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $650 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $650 |
| Net assets without donor restrictions | $398,190 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $398,840 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bay-Rama Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Dte Energy Foundation Detroit, MI PURPOSE: COMMUNITY TRANSFORMATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highland County Community Action Organization Hillsboro, OH | $8,566,357 | $9,816,466 |
District Council Of Madison Inc Society Of St Vincent De Paul Madison, WI | $28,009,040 | $10,756,088 |
Community Action Program Inc Of Western Indiana Covington, IN | $9,425,677 | $9,597,649 |
Pace Community Action Agency Inc Vincennes, IN | $6,262,841 | $9,668,653 |
Catholic Charities Of Southeast Michigan Southfield, MI | $5,579,217 | $10,927,167 |
Community Action Commission Of Erie Huron & Richland Counties Inc Sandusky, OH | $1,848,122 | $9,418,648 |
Providence Self Sufficiency Ministries Inc Georgetown, IN | $1,706,729 | $8,401,809 |
Good Shepherd Home Ltd Seymour, WI | $8,463,620 | $9,263,497 |
Ohio Partners For Afforable Energy Findlay, OH | $9,545,597 | $9,033,795 |
Foundation For Behavioral Resources Augusta, MI | $12,512,722 | $9,178,628 |
Ohio Valley Opportunities Inc Madison, IN | $5,312,913 | $8,755,529 |
Ross County Community Action Commission Inc Chillicothe, OH | $2,353,377 | $8,335,614 |