SVRC Industries Inc

Nonprofit profile at a glance

EIN
381740297
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Saginaw, MI, USA
Phone
9892457184
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Sheltered Employment

Official website

Reported finances

Revenue
$10,418,260
Expenses
$9,127,941
Assets
$27,840,747
Liabilities
$6,812,246

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Denise Berry (CEO)

Highest reported compensation

  • Denise Berry (CEO): $193,777 total reported compensation
  • Yolanda Bellinger (Chief Clinical Offic): $135,192 total reported compensation
  • Jayne Roth (Controller): $121,558 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Create and sustain opportunities and support systems for persons with barriers to employment and community access.

What it reported doing in 2025

Shiawassee wioa/path program - provide employment/training services to assist individuals in finding/qualifying for meaningful employment. Great lakes bay mi works wioa youth provide career exploration and guidance, support for educational attainment, opportunities for occupational skills training, and employment or other postsecondary education enrollment. Great lakes bay mi works wioa program - provide employment/training services to assist individuals in finding/qualifying for meaningful employment. Management services to the svrc marketplace.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 62
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 81
  • Program expense ratio: 91.9%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.4%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 3.05; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -1.2% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -1.6% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 81.5% of revenue deployed · 91.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $8.4M in reported program spending
  • Leadership: top reported pay $194K · 12 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $255K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.