Arkay Inc
- Assets
- $9.8m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 194
- Location
- Southgate, MI
- Founding
- 09/1985
- Data as of
- 09/2021
- EIN
- 38-2577464
Organization Overview
Arkay Inc is located in Southgate, MI. The organization was established in 1985. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 09/2021, Arkay Inc employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arkay 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 09/2021, Arkay Inc generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.3m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VOCATIONAL SERVICES FOR DEVELOPMENTALLY DISABLED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TRAINING AND SERVICES FOR DEVELOPMENTALLY DISABLED ADULTS INCLUDING TRAINING IN LIVING SKILLS, PERSONAL DEVELOPMENT, FUNCTIONAL ACADEMICS AND COMMUNITY AWARENESS WITH EMPHASIS ON PREPARATION FOR INDEPENDENCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Mcguckin Executive Director | Officer | 40 | $166,237 |
Beverly Witchelhouse Secretary | OfficerTrustee | 0.3 | $0 |
Gerald Morello Treasurer | OfficerTrustee | 0.3 | $0 |
Mike Hayes President/chairperson | OfficerTrustee | 0.3 | $0 |
Stephanie Nankervis Director | Trustee | 0.3 | $0 |
Stacy A Latta Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,431,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,044 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,507,204 |
| Total Program Service Revenue | $8,688 |
| Investment income | $49,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,490 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,831 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,576,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $177,968 |
| Compensation of current officers, directors, key employees. | $124,577 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,503,227 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $148,873 |
| Payroll taxes | $124,612 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,800 |
| Advertising and promotion | $0 |
| Office expenses | $15,786 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $64,544 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,439 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $83,172 |
| Insurance | $25,059 |
| All other expenses | $0 |
| Total functional expenses | $2,276,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,180 |
| Savings and temporary cash investments | $8,515,201 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $247,180 |
| 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 | $5,307 |
| Net Land, buildings, and equipment | $887,579 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,759,447 |
| Accounts payable and accrued expenses | $73,496 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $73,496 |
| Net assets without donor restrictions | $9,662,899 |
| Net assets with donor restrictions | $23,052 |
| 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 | $9,759,447 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arkay Inc has recieved totaling $76.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope Network Grand Rapids, MI | $12,436,110 | $11,996,326 |
Knox County Association For Remarkable Citizens Inc Vincennes, IN | $24,536,291 | $19,956,533 |
Buckeye Community Services Incorporated Jackson, OH | $11,917,792 | $19,993,213 |
Paladin Inc Michigan City, IN | $9,460,565 | $15,902,073 |
Hillcroft Services Inc Muncie, IN | $16,936,926 | $14,933,830 |
Bona Vista Programs Inc Kokomo, IN | $19,070,860 | $15,130,764 |
New Avenues To Independence Inc Cleveland, OH | $9,548,486 | $16,971,104 |
Services To Enhance Potential Dearborn, MI | $17,804,002 | $13,713,254 |
Sycamore Rehabilitation Services Hendricks County Arc Inc Danville, IN | $24,418,697 | $15,506,732 |
Carey Services Inc Marion, IN | $16,864,409 | $13,337,022 |
Jarc Bloomfield Hills, MI | $5,696,625 | $12,003,795 |
Frontier Community Services Chillicothe, OH | $40,364,021 | $14,425,667 |