Suites Foundation

Nonprofit profile at a glance

EIN
842520667
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Cincinnati, OH, USA
Phone
5132922400
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$33,597
Expenses
$38,965
Assets
$38,239
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

  • MICHAEL MOORMAN (PRESIDENT)
  • BRANDON SHONDEL (VICE PRESIDENT & TREASURER)

People named in this filing

  • MICHAEL MOORMAN (PRESIDENT)
  • BRANDON SHONDEL (VICE PRESIDENT & TREASURER)
  • HARRY ALEXANDER (SECRETARY)

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

The primary purpose of the corporation shall be helping children and organizations that provide help to children with disabilities and special needs, including extending financial and other aid or assistance to corporations, trusts, community chests, funds and foundations which qualify as exempt under section 501(c)(3) and providing educational grants to nursing students.

What it reported doing in 2024

To help children with special needs and provide assistance to organizations who do the same and provide educational grants to nursing students. Four $5,000 scholarships were awarded in 2024

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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 70.6%; rating input score 71

Transparency & Controls

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

Sustainability

  • Operating margin: -16%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 46; 46th 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: 10.1% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 5.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: -6.4% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 70.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 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 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.