Hedgeye Cares Inc

Nonprofit profile at a glance

EIN
473198241
IRS 990-EZ coverage
2016–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Stamford, CT, USA
Phone
2035626500
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$200
Expenses
$54,568
Assets
$52,111
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • KEITH MCCULLOUGH (PRESIDENT)
  • TERI VANNOY (VICE PRESIDENT)

People named in this filing

  • KEITH MCCULLOUGH (PRESIDENT)
  • TERI VANNOY (VICE PRESIDENT)
  • MICHAEL BLUM (TREASURER)

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

Hedgeye cares inc. Seeks to provide fundraising and support to charitable organizations working to strengthen families and communities as a whole. Hedgeye cares inc. Will raise funds to be contributed to non-profits that assist with, and address, vital community needs and issues. This includes a special focus on groups that provide educational and sports opportunities that foster intellectual, physical and social development for youth. Hedgeye cares is a community outreach program dedicated to supporting causes and giving back to the community in which we live and work.

What it reported doing in 2024

Hedgeye cares inc. Normally hosts a charity golf tournament in support of bridgeport caribe youth leaders (bcyl) - one was held in 2023. Bcyl is a 501(c)3 organization based in bridgeport, ct which aims to instill commitment, integrity, pride and respect in their kids through three main platforms: sports, education, and community. Bcyl has more than 200 volunteers, a board of directors and funders and stakeholders all striving to provide the bcyl youth and their families an environment, resources and inspiration to ensure a great learning experience. The organization serves over 600 youths ages 5 to 18.

Operating model

Revenue model
Donor-supported. 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: -27,184%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.95; rating input score 45; 45th 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: -13.1% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -15.2% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 19.7% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2016 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.

  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.