Sons of the Revolution in the State of New York Inc
Nonprofit profile at a glance
- EIN
- 135563011
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2124251778
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies & Historic Preservation
Reported finances
- Revenue
- $2,195,780
- Expenses
- $1,853,906
- Assets
- $9,828,666
- Liabilities
- $356,605
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- PETER J W SHERWIN (PRESIDENT)
- OWEN A KLOTER (FIRST VICE PRESIDENT)
- TODD J HOLDER (SECOND VICE PRESIDENT)
- PAUL H DIETRICH (THIRD VICE PRESIDENT)
- KEVIN HANSLEY (PAST PRESIDENT)
- PETER C HEIN (PAST PRESIDENT)
Highest reported compensation
- SCOTT M DWYER (EXECUTIVE DIRECTOR): $165,840 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
What it reported doing in 2024
B. Commemorative and fellowship: annual commemorations and celebrations of events including nathan hale day, evacuation day, the battles of lexington and concord, tallmadge day, george Washington's birthday, flag day, constitution week, independence day and summer tavern night, which can include dinners, ceremonies, educational presentations, symposiums and parades. Annual presentations of awards including the knox trophy at west point and the distinguished patriot of the year at the society's george Washington birthday ball. Active participation by the society's color guard at numerous society and public commemorative events, including memorial day and saratoga-yorktown commemorations and the lower manhattan historical association independence day parade.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67%; rating input score 67
- Program expense ratio: 65.8%; rating input score 66
- Fundraising efficiency: $4.08 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.6%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 5.3; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 8.9%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 67% of revenue deployed · 65.8% of spending went to programs
- Governance: 34 of 34 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $166K · 35 people listed · 2 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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: Fundraising efficiency scored 13/100.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.