Pheasant Ring
- Assets
- $642.7k
- Revenue
- $89.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Birmingham, MI
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 38-3146609
Organization Overview
Pheasant Ring is located in Birmingham, MI. The organization was established in 1994. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pheasant Ring 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 12/2021, Pheasant Ring generated $89.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $119.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 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 HOUSING FOR ADULT AUTISTIC INDIVIDUALS TO EASE THE BURDEN ON PARENTS OF THESE INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENTAL OF HOUSING TO ADULT AUTISTIC TENTANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ambrose Vp-Developme | OfficerTrustee | 2 | $0 |
Paulette Brodbeck Treasurer | OfficerTrustee | 2 | $0 |
Michael F Jennings Board Chairm | OfficerTrustee | 2 | $0 |
Shane Larocca President | OfficerTrustee | 2 | $0 |
Tom Osborne Secretary | OfficerTrustee | 2 | $0 |
Richard Bazzy Director | Trustee | 1 | $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 | $28,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,164 |
| Total Program Service Revenue | $53,262 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,241 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,697 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,960 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,829 |
| Payroll taxes | $1,915 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,840 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,386 |
| Insurance | $10,158 |
| All other expenses | $0 |
| Total functional expenses | $119,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,480 |
| Savings and temporary cash investments | $60,099 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $526,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $889 |
| Total assets | $642,711 |
| Accounts payable and accrued expenses | $4,893 |
| Grants payable | $0 |
| Deferred revenue | $2,479 |
| 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 | $241,222 |
| Other liabilities | $0 |
| Total liabilities | $248,594 |
| Net assets without donor restrictions | $394,117 |
| 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 | $642,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pheasant Ring has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Medical Group Inc Milwaukee, WI | $31,763,307 | $95,855,814 |
Munson Healthcare Grayling Traverse City, MI | $58,695,179 | $98,806,333 |
Wheaton Franciscan Healthcare-Franklin Inc Franklin, WI | $0 | $93,223,404 |
Oconto Hospital & Medical Center Inc Oconto, WI | $60,351,775 | $89,949,805 |
Healthnet Inc Indianapolis, IN | $38,369,319 | $82,635,929 |
Indiana University Health Bedford Inc Indianapolis, IN | $133,550,962 | $102,970,071 |
Tomah Memorial Hospital Inc Tomah, WI | $122,784,056 | $81,760,815 |
Bronson Lakeview Hospital Kalamazoo, MI | $57,372,816 | $77,608,050 |
Community Hospital Of Noble County Inc Kendallville, IN | $52,459,659 | $70,856,257 |
Parkview Wabash Hospital Inc Wabash, IN | $48,953,118 | $66,290,497 |
Hospital Properties Inc Columbus, OH | $467,704,966 | $50,467,176 |
Schoolcraft Memorial Hospital Manistique, MI | $44,098,410 | $51,651,017 |