Sj5k Foundation

Nonprofit profile at a glance

EIN: 833396146
IRS 990-EZ coverage: 2022–2024
Forms available: Form 990-EZ 2024
Location: Canton, MI, USA
Phone: 0000000000
Rating: 37
Verdict: REVIEW
Rating confidence: Moderate
Sector: Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue: $119,706
Expenses: $120,266
Assets: $10,775
Liabilities: $0

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

Leadership & pay

5 people listed

People named in this filing

Thomas Halewicz (Chairman)
Dan McEvilly (Vice Chairman)
David Lindlbauer (Treasurer)

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 SJ5K seeks to provide financial assistance to worthy families undergoing crisis in the PlymouthCanton area The primary activity of the foundation is to organize an annual charity runwalk The intent is that the annual event will be organized by a large student group made up of high school students The event provides educational and leadership opportunities for the students The 2025 race was attended by more than 2500 people

What it reported doing in 2024

Operating model

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 0
Transparency & Controls: 82
Sustainability: 30
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 0%; rating input score 0
Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

Operating margin: -0.5%; rating input score 32; 32nd percentile among comparable filings
Total-asset coverage ratio: 0.09; rating input score 10; 10th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
Officer compensation ratio: 3.3%; rating input score 24; 24th percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: 10.5% per year; rating input score 100; 68th percentile among comparable filings
Asset growth: 44.2% per year; rating input score 100; 93rd percentile among comparable filings

Details

Where the money goes: 0% of revenue deployed · 0% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment
Leadership: top reported pay $0 · 5 people listed
Consistency: 8 of 9 current checks pass · 1 finding to review
Schedules: 3 filed schedules
Filing history: 3 filing years from 2022 to 2024
Contacts: How to reach this organization
Money network: 1 filed money-flow record
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 0/100.
High — Financial Efficiency: Program expense ratio scored 0/100.
Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
Moderate — Sustainability: Operating margin scored 32/100.
High — Sustainability: Total-asset coverage ratio scored 10/100.
High — Sustainability: Officer compensation ratio scored 24/100.