Carolyn Sullivan Memorial Foundation Inc

Nonprofit profile at a glance

EIN
272786906
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Pearl River, NY, USA
Phone
8457356992
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$43,073
Expenses
$47,414
Assets
$94,689
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JEANNE SULLIVAN (PRESIDENT)
  • PETER SULLIVAN (VICE PRESIDENT)

People named in this filing

  • JEANNE SULLIVAN (PRESIDENT)
  • PETER SULLIVAN (VICE PRESIDENT)
  • JOHN BURKE (SECRETARY)

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 carolyn sullivan memorial foundation was started not only to keep carolyn's memory alive, but to bring a measure of comfort and support to others suffering childhood cancers and other diseases. It is the foundations mission to improve the quality of life for those battling this illness and to let them know that they are no in this alone. The foundation also provides for anything else that the family of a sick child may need to keep their child comfortable and happy. Children need normalcy, comfort and suppoty to achieve the goal of recovery and survival. The carolyn sullivan foundation's aim is to help these children achive their goal.

What it reported doing in 2024

We were unable to have a fundraiser but did donate $35,000 to children in need

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. 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: 48
  • Growth: 20

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: -10.1%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 2; rating input score 65; 65th 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: -36.3% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: -6.1% per year; rating input score 0; 32nd percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 56th 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 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.