Fairsky Foundation
- Assets
- $493.6k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 32
- Location
- Ferndale, MI
- Founding
- 01/2019
- Data as of
- 12/2022
- EIN
- 47-4714944
Organization Overview
Fairsky Foundation is located in Ferndale, MI. The organization was established in 2019. According to its NTEE Classification (F31) the organization is classified as: Psychiatric Hospitals, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Fairsky Foundation employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairsky Foundation 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 12/2022, Fairsky Foundation generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $2.9m during the year ending 12/2022. While expenses have increased by 32.5% per year over the past 4 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
SEE SCHEDULE O ATTACHED
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSELING SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David St John Exe/clinical/location Director & Psychotherapist/board Member | OfficerTrustee | 65 | $138,905 |
Melinda Arias Secretary | Trustee | 40 | $61,323 |
Michael Wallace Board Member | Trustee | 0.5 | $0 |
Lynda Leibrock Financial Director/treasurer/cfo | Trustee | 0.5 | $0 |
Maureen Duffy Board Member | Trustee | 0.5 | $0 |
Coletta Thomas Board Member | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,021,197 |
| Investment income | $134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,021,331 |
| 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. | $182,837 |
| Compensation of current officers, directors, key employees. | $63,993 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,946 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $122,403 |
| Fees for services: Management | $7,123 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $55,981 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,957 |
| Office expenses | $21,429 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $164,024 |
| Travel | $35 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,798 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,320 |
| Insurance | $30,425 |
| All other expenses | $2,041,958 |
| Total functional expenses | $2,869,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,396 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,504 |
| 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 | $0 |
| Net Land, buildings, and equipment | -$2,437 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,130 |
| Total assets | $493,593 |
| Accounts payable and accrued expenses | $211 |
| 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 | $41,449 |
| Other liabilities | -$749 |
| Total liabilities | $40,911 |
| Net assets without donor restrictions | $452,682 |
| 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 | $493,593 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Clinic Inc Cincinnati, OH | $3,832,949 | $19,709,231 |
Columbus Area Integrated Health Services Inc Columbus, OH | $3,341,955 | $15,319,179 |
Arrow Consultation Services Inc Carmel, IN | $2,185,765 | $3,703,475 |
Fairsky Foundation Ferndale, MI | $493,593 | $3,021,331 |
Bluestone Child And Adolescent Psychiatric Hospital Shaker Heights, OH | $640,632 | $1,726,696 |
Heather Oaks Inc Brighton, MI | $6,785 | $0 |