118 Foundation
Nonprofit profile at a glance
- EIN
- 932292924
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Alexandria, VA, USA
- Phone
- 7068896156
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $95,669
- Expenses
- $39,305
- Assets
- $81,773
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Sadie Lackey (Executive Director + Board Chair)
People named in this filing
- Sadie Lackey (Executive Director + Board Chair)
- Brandon Knight (Board Member)
- Kyle Gilliam (Board Member)
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
To support young adult cancer survivors.
What it reported doing in 2024
Restoration Grants that support young adults financially as they recover from cancer. Thirteen people received grants in this time period. These grants were used for wellness/spa treatments, dinner outings, cost of living, wigs, etc.
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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 82
- Sustainability: 78
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.4%; rating input score 31
- Program expense ratio: 74.4%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 58.9%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.08; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 31.4% of revenue deployed · 74.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $29K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.