Form 990 for tax year 2023

Filed by FRANKLIN-WRIGHT SETTLEMENTS INC.

Totals

Total revenue: $4,842,819
Total expenses: $5,229,428
Contributions and grants received: $4,101,007
Grants paid: $0
Program service revenue: $0
Investment income: $155,324
Other revenue: $586,488
Total assets, end of year: $9,349,024
Total liabilities, end of year: $151,581
Net assets or fund balances, end of year: $9,197,443
Program services expenses (Part IX): $4,633,860
Management and general expenses: $500,530
Fundraising expenses: $95,038
Program service expenses (Part III): $4,633,860

Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$6,595
1e · Government grants (contributions)

$1,517,805
1f · All other contributions, gifts and grants

$2,576,607
3 · Investment income

total $89,014 · excluded $89,014
6a · Gross rents

real property $585,008
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $585,008
6d · Net rental income or loss

total $585,008 · excluded $585,008
7a · Gross sales of assets other than inventory

securities $335,006
7b · Less cost or other basis and sales expenses

securities $268,696
7c · Gain or loss

securities $66,310
7d · Net gain or loss

total $66,310 · excluded $66,310
8a · Fundraising events: gross income

$68,818
8a · Fundraising events: contributions included on line 1c

$6,595
8b · Fundraising events: direct expenses

$72,784
8c · Net income from fundraising events

total -$3,966 · excluded -$3,966
11d · All other revenue

total $5,446 · excluded $5,446
11e · Other revenue, total

$5,446

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $320,943 · program services $302,624 · management and general $11,046 · fundraising $7,273
7 · Other salaries and wages

total $2,941,115 · program services $2,773,237 · management and general $101,228 · fundraising $66,650
9 · Other employee benefits

total $193,989 · program services $173,730 · management and general $10,622 · fundraising $9,637
10 · Payroll taxes

total $83,042 · program services $74,369 · management and general $4,547 · fundraising $4,126
11f · Fees: investment management

total $20,253 · management and general $20,253
11g · Fees: other

total $62,997 · program services $61,660 · management and general $955 · fundraising $382
13 · Office expenses

total $68,881 · program services $60,006 · management and general $8,573 · fundraising $302
16 · Occupancy

total $331,391 · program services $167,558 · management and general $163,051 · fundraising $782
17 · Travel

total $33,610 · program services $33,177 · management and general $433
19 · Conferences, conventions and meetings

total $35,308 · program services $25,686 · management and general $9,077 · fundraising $545
22 · Depreciation, depletion and amortization

total $232,712 · program services $202,459 · management and general $27,926 · fundraising $2,327
23 · Insurance

total $121,212 · program services $107,879 · management and general $12,121 · fundraising $1,212
24a · Other expenses: PROGRAM SUPPLIES

total $501,858 · program services $498,084 · management and general $3,774
24b · Other expenses: MAINTENANCE

total $198,659 · program services $72,009 · management and general $126,046 · fundraising $604
24c · Other expenses: COLLEGE TOUR

total $78,594 · program services $78,594
24e · All other expenses

total $4,864 · program services $2,788 · management and general $878 · fundraising $1,198

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,005,299 · end of year $420,807
2 · Savings and temporary cash investments

beginning of year $71,246 · end of year $32,345
3 · Pledges and grants receivable

beginning of year $18,275 · end of year $4,310
4 · Accounts receivable

beginning of year $327,921 · end of year $449,748
9 · Prepaid expenses and deferred charges

beginning of year $50,457 · end of year $59,010
10a · Land, buildings and equipment: cost or other basis

$8,416,716
10b · Land, buildings and equipment: accumulated depreciation

$3,832,049
10c · Land, buildings and equipment, net

beginning of year $4,653,483 · end of year $4,584,667
11 · Investments: publicly traded securities

beginning of year $3,214,945 · end of year $3,777,115
12 · Investments: other securities

beginning of year $18,397 · end of year $21,022
17 · Accounts payable and accrued expenses

beginning of year $278,068 · end of year $107,122
19 · Deferred revenue

beginning of year $32,400 · end of year $21,600
25 · Other liabilities

beginning of year $31,326 · end of year $22,859
27 · Net assets without donor restrictions

beginning of year $8,777,618 · end of year $9,171,333
28 · Net assets with donor restrictions

beginning of year $240,611 · end of year $26,110

Mission and programs · 2023

Mission

FRANKLIN-WRIGHT SETTLEMENTS, INC. IS A DETROIT NEIGHBORHOOD HUMAN SERVICES ORGANIZATION EXISTING TO ASSIST INDIVIDUALS, FAMILIES, GROUPS, AND THE COMMUNITY WITH BASIC LIFE, FAMILY, AND SOCIAL NEEDS. EMBRACING THE SETTLEMENT HOUSE PHILOSOPHY, A MULTI-SERVICE HOLISTIC APPROACH IN COOPERATION WITH THE COMMUNITY, THE ORGANIZATION FOCUSES ON THE PREVENTION, TREATMENT, AND AMELIORATION OF SOCIAL PROBLEMS THROUGH ADVOCACY, PROGRAMS, PROJECTS, ACTIVITIES, SERVICES, AND FACILITIES. THE ENDURING STRENGTH OF THE ORGANIZATION LIES IN FLEXIBLE, RESPONSIVE PROGRAMS THAT RECOGNIZE ONGOING BASIC NEEDS, DESPITE CHANGING SOCIETAL PRIORITIES AND FUNDING.

YOUTH PROGRAMS - INCLUDES CHILDREN AND YOUTH IN CRISIS, EARLY START, ALTERNATIVE SCHOOL PROGRAM, YOUTH CONNECTION, AND TEEN CENTER

Expenses $2,126,962
FAMILY PROGRAMS - INCLUDES PROGRAMS LIKE PROBLEMS OF THE ELDERLY, IN-HOME SERVICES, SENIOR OUTREACH SERVICES, AND ADULT DAY CARE

Expenses $2,293,883
NEIGHBORHOOD PROGRAMS - THESE PROGRAMS OFFER GENERAL ASSISTANCE TO NEIGHBORHOOD RESTORATION EFFORTS. SERVICES INCLUDE SPONSORING FORUMS, PROVIDING INFORMATION AND REFERRALS, PARTICIPATING IN NEIGHBORHOOD CLEANUP, REHABILITATION, AND REVITALIZATION.

Expenses $213,015

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

MONIQUE MARKS

PRESIDENT AND C.E.O.

Total calculated

$320,943

From this org

$320,943

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$266,174

Bonus

$54,769

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$320,943
DR KENNETH HARRIS

CHAIR

Total calculated

$0

Hours/week

1
MICHAEL VAN TULL

VICE-CHAIR

Total calculated

$0

Hours/week

1
KIMBERLY B DAVIS

SECRETARY

Total calculated

$0

Hours/week

1
LEONARD ALFRED III

TREASURER

Total calculated

$0

Hours/week

1
CHARLENA ECHOLS

TRUSTEE

Total calculated

$0

Hours/week

1
HALI GIESSLER

TRUSTEE

Total calculated

$0

Hours/week

1
DR PRISCILLA HINES

TRUSTEE

Total calculated

$0

Hours/week

1
MISSIONARY HATTIE HUMPHREY

TRUSTEE

Total calculated

$0

Hours/week

1
HON TEOLA HUNTER

TRUSTEE

Total calculated

$0

Hours/week

1
CATHY NEDD

TRUSTEE

Total calculated

$0

Hours/week

1
GEORGE A NICHOLSON III

TRUSTEE

Total calculated

$0

Hours/week

1
DAN PITERA

TRUSTEE

Total calculated

$0

Hours/week

1
DEBRA DOLL RUSH

TRUSTEE

Total calculated

$0

Hours/week

1
LAUREN SPENCER

TRUSTEE

Total calculated

$0

Hours/week

1
DR E'LOIS THOMAS

TRUSTEE

Total calculated

$0

Hours/week

1
TARENCE WHEELER

TRUSTEE

Total calculated

$0

Hours/week

1
YVONNE YOUNG

TRUSTEE

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Tax indemnification and gross-up payments
1a · Health or social club dues or initiation fees
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A: ANNUAL BONUSES ARE GROSSED UP FOR PAYROLL TAXES FOR ALL EMPLOYEES RECEIVING A BONUS. THE ORGANIZATION PAYS MEMBERSHIP DUES TO THE DETROIT ATHLETIC CLUB ON BEHALF OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 15 November 2024
IRS schema version: 2023v5.1
Source object: 202423209349301512

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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