Lt Thomas F Healy Foundation Inc

Nonprofit profile at a glance

EIN
201269878
IRS 990-EZ coverage
2013–2020
Forms available
Form 990-EZ 2020
Location
Baldwin, NY, USA
Phone
6313882570
Rating confidence
Limited
Sector
Personal Social Services

Reported finances

Revenue
$0
Expenses
$5,687
Assets
$25,621
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • THOMAS F HEALY JR (PRESIDENT)
  • WILLIAM P HEALY (VICE-PRESIDENT)
  • MICHAEL HEALY (VICE-PRESIDENT)

People named in this filing

  • THOMAS F HEALY JR (PRESIDENT)
  • WILLIAM P HEALY (VICE-PRESIDENT)
  • MICHAEL HEALY (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to honor the memory of Lt. Thomas F. Healy by bringing comfort through financial assistance and supporting activities to firefighters and their families dealing with the challenges of cancer. Specifically, we provide financial assistance to members of the Fire Department of New York who have family members battling cancer or who are themselves afflicted with cancer. The Foundation distributes funds to qualifying applicants to assist in covering costs that are not traditionally covered by insurance. These include items such as travel, food, lodging, experimental treatment, or other comforts and services for patients or family members that may be needed or desired during treatment.

What it reported doing in 2020

Disbursed 4 grants of $1,000 each to individuals.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 4.51; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -37.6% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: -26.2% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -2% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2013 to 2020
  • 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • 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.