DeSatnick Foundation
Nonprofit profile at a glance
- EIN
- 462108620
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Cape May, NJ, USA
- Phone
- 6097801986
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $59,484
- Expenses
- $43,192
- Assets
- $249,777
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Chad DeSatnick (President)
- Todd DeSatnick (Vice President)
People named in this filing
- Chad DeSatnick (President)
- Todd DeSatnick (Vice President)
- Lewis Kurland (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 DeSatnick Foundation is committed to encouraging Spinal Cord Injury victims in their recovery by providing education, promoting awareness, helping families cope both financially and emotionally, and networking with other Spinal Cord Injury Foundations to enhance support. The objectives of the Foundation are accomplished through meetings, seminars and conferences that support our mission, literature and publications that emphasize Spinal Cord Injury awareness and fundraising efforts designed to raise money for programs and victims, concentrating our efforts primarily on individuals who reside in Atlantic, Cape May, Cumberland, Ocean and Monmouth Counties in New Jersey.
What it reported doing in 2024
Funds awarded to SCI victims and supporting programs.
Operating model
- Revenue model
- Donor-supported. 94% 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 a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 50
- Transparency & Controls: 100
- Sustainability: 78
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.9%; rating input score 45
- Program expense ratio: 56.9%; rating input score 57
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: 27.4%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 5.78; rating input score 86; 86th 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: 19.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -5.9% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: 22.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 44.9% of revenue deployed · 56.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2019 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 45/100.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.