The David Gigliotti Legacy Foundation Inc

Nonprofit profile at a glance

EIN: 460981379
IRS 990-EZ coverage: 2013–2014
Forms available: Form 990-EZ 2014
Location: Bradenton, FL, USA
Phone: 9413513561
Rating: 63
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Public Foundations

Reported finances

Revenue: $29,715
Expenses: $24,395
Assets: $17,851

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

1 person listed

Executive titles in this filing

JAMIE DUNNAM (PRESIDENT)

People named in this filing

JAMIE DUNNAM (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 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Raise awareness about leukemia and lymphoma, support organizations conducting research of these and other blood diseases, and

What it reported doing in 2014

The david gigliotti legacy foundation, inc. Raises awareness for leukemia, lymphoma and other blood cancers by supporting other foundations & entities conducting research for these diseases.

Operating model

Revenue model: Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model: Grant intermediary. The nonprofit sent 75% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

Financial Efficiency: 49
Transparency & Controls: 82
Sustainability: 53
Growth: 60

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 44.9%; rating input score 45
Program expense ratio: 54.7%; rating input score 55

Transparency & Controls

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

Sustainability

Operating margin: 17.9%; rating input score 74; 74th percentile among comparable filings
Total-asset coverage ratio: 0.73; rating input score 40; 40th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

Program expense growth: -8.2% per year; rating input score 0; 35th percentile among comparable filings
Revenue growth: 58.6% per year; rating input score 100; 97th percentile among comparable filings
Asset growth: 35% per year; rating input score 100; 91st percentile among comparable filings

Details

Where the money goes: 44.9% of revenue deployed · 54.7% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $13K in reported program spending
Leadership: top reported pay $0 · 1 people listed
Consistency: 7 of 7 current checks pass
Schedules: 2 filed schedules
Filing history: 2 filing years from 2013 to 2014
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.

Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
Review — Financial Efficiency: Program expense ratio scored 55/100.
High — Growth: Program expense growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
Review — Sustainability: Officer compensation ratio scored 57/100.
High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.