Springfield St Patricks Parade Committee Inc

Nonprofit profile at a glance

EIN
800746113
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2022
Location
East Longmeadow, MA, USA
Phone
4134788611
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Official website

Reported finances

Revenue
$13,330
Expenses
$14,188
Assets
$21,313

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Kerri Sullivan (Vice President)
  • Siobhan Cullen (President)

People named in this filing

  • Maureen Olds (Director)
  • Maura Counoyer (Director)
  • Patricia Kinsey (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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Springfield St. Patrick's Parade Committee's purpose is to honor the patron saint of Ireland, Saint Patrick, and to develop, foster & improve the capabilities of all persons who are of Irish decent. We also promote Irish heritage in the City of Springfield, Massachusetts and the surrounding communities, culturally & socially. All activities are in conjunction with the annual City of Holyoke, Massachusetts' St. Patrick's Parade.

What it reported doing in 2023

The Parade Committee nominates a Parade Marshal, and the recipients of the John and Agnes Burke Award, the Paul G Caron Award, and the Mary B Troy Award. Additionally, the Parade Committee awards an annual scholarship in honor of Mossie and Kathleen Murphy to a finalist in the Colleen Competition.The Parade Marshal and the recipients of the John and Agnes Burke Award shall be of Irish decent. The Parade Marshal will lead the whole City of Springfield and the surrounding communities contingents in the annual City of Holyoke St. Patrick's Day Parade.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.8%; rating input score 91
  • Program expense ratio: 85.3%; rating input score 85

Transparency & Controls

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

Sustainability

  • Operating margin: -6.4%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 1.5; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 39.2% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 32.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -3.9% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 90.8% of revenue deployed · 85.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Sustainability: Operating margin scored 36/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.