Summercon Foundation Inc C/o John Terrill
Nonprofit profile at a glance
- EIN
- 824453610
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990-EZ 2020
- Location
- Brooklyn, NY, USA
- Phone
- 7205864225
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Computer Science
Reported finances
- Revenue
- $26,028
- Expenses
- $36,751
- Assets
- $159,229
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- MARKS TRUMPBOUR (EXECUTIVE DIRECTOR)
People named in this filing
- MARKS TRUMPBOUR (EXECUTIVE DIRECTOR)
- JOHN TERRILL (FINANCE DIRECTOR)
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
The purposes of the foundation is to engage in exclusively charitable, literary, educational and scienitific activities within the meaning of section 501(c)(3) of the internal revenue code, including the special purposes to promote open education and collaboration in the information security field.
What it reported doing in 2020
Venue, and venue expenses are necessary to promote open education and collaboration in the information security field and other activites
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.9%; rating input score 90
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: -41.2%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 4.33; rating input score 74; 74th 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: 52.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: -45.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2018 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.