Builders and Remodelers Association of Greater Ann Arbor Foundation

Nonprofit profile at a glance

EIN
383556736
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2011, Form 990-EZ 2024
Location
Ann Arbor, MI, USA
Phone
7349960100
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Camps

Reported finances

Revenue
$55,693
Expenses
$4,935
Assets
$387,926
Liabilities
$29,043

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Jeremy Shaffer (President)

People named in this filing

  • Andrea Salemi (Staff Liaison)
  • Bridget Baisch (Board Member)
  • Jeremy Shaffer (President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The BRAG Foundation was established to support building industry workforce development, training, and education initiatives in Washtenaw County while also supporting housing related charities.

What it reported doing in 2024

- Promotes training, education and career opportunities in the building and related industries. - Supports charities and community service programs, primarily focusing on or advocating for housing, home ownership, and independent living within Washtenaw County. - Partners with members of the Builders and Remodelers Association of Greater Ann Arbor to better serve our community through philanthropy.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 82
  • Sustainability: 85
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14%; rating input score 14
  • Program expense ratio: 83.2%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 91.1%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 78.61; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -20.9% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 4.9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 14% of revenue deployed · 83.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.