Danny Fund Inc

Nonprofit profile at a glance

EIN
134098058
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Pelham, NY, USA
Phone
9142351945
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health, General and Financing

Reported finances

Revenue
$60,419
Expenses
$35,547
Assets
$353,195
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • JESSICA HYNES (PRESIDENT)
  • MAUREEN BORSELLA (VICE PRESIDENT)

People named in this filing

  • ANTHONY BORSELLA (CHAIR)
  • JESSICA HYNES (PRESIDENT)
  • MAUREEN BORSELLA (VICE PRESIDENT)

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 goal of the danny fund is to assist children, under the age of twenty-one (21), who have life-threatening and/or catastrophic illness by providing emotional and financial support to the families of these children. The support and assistance provided for these children include, but are not limited to the following:-assisting with the payment of medical related expenses, including, but not limited to medical bills, travel costs, phone bills, food and lodging related to the child and parents.-assisting in the payment of or reimbursement of overdue or unpaid household bills or expenses arising from the illness of the child.-assisting with locating alternate means of financial aid for the families in need.-provide emotional support to the children and their respective families.-help the family with funeral arrangements in the event of a death.-assist in providing or locating bereavement support.

What it reported doing in 2024

The danny fund provides financial and emotional support to families with children suffering from a critical illness. In 2024, the danny fund primarily supported five families paying rent, utilities, car lease payments, gas cards, and medical bills. In addition, food cards were provided to these families to help them with their food expenses each month.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 100
  • Sustainability: 83
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.5%; rating input score 48
  • Program expense ratio: 73.1%; rating input score 73

Transparency & Controls

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

Sustainability

  • Operating margin: 41.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 9.94; rating input score 92; 92nd 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: -0.3% per year; rating input score 0; 47th percentile among comparable filings
  • Revenue growth: -1.5% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: -1% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 48.5% of revenue deployed · 73.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.