Karen a Bradshaw Memorial Charity
Nonprofit profile at a glance
- EIN
- 831928817
- IRS 990-EZ coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024
- Location
- East Greenwich, RI, US
- Phone
- (401) 378-0983
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $114,728
- Expenses
- $136,911
- Assets
- $8,904
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- TARA MERNICK (PRESIDENT)
People named in this filing
- KELLY RITACCO (DIRECTOR)
- THOMAS MINUTO (DIRECTOR)
- TARA MERNICK (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
To raise funds to support Cholangiocarcinoma (Bile Duct Cancer), The Dana-Farber Cancer Institute, local families affected by Cancer, and local charitable organizations in our community in honor of those we have lost.
What it reported doing in 2024
The entity donated 24,557 directly to 501(c)3 entities involved in cancer research and patient assistance.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.8%; 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: -19.3%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 63.4% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 31.9% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 34.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 100% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $135K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 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 8/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.