The Minus 22 Foundation Inc
Nonprofit profile at a glance
- EIN
- 863470829
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Orange, MA, USA
- Phone
- 4357227574
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Mental Health, Crisis Intervention N.E.C.
Reported finances
- Revenue
- $270
- Expenses
- $2,201
- Assets
- $21,712
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DAVID GAMBONE (PRESIDENT &)
People named in this filing
- DAVID GAMBONE (PRESIDENT &)
- YVONNE SCHOW (TREASURER)
- SARAH PINKERTON (CLERK)
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 mission, duty and purpose of the foundation is to address the active duty service members and veteran suicide phenomenon, through education, assistance to families immediately impacted by it, as well as resources, temporary housing and alternatives for veteran family needs. Our first duty will be to provide an inside look through a documentary showing the harsh realities of the phenomenon and the ripple effect that it creates. We will investigate and come to an understanding of the root problem surrounding the issue, provide information on potential warning signs for susceptible veterans and programs that can help them. In addition, we will be provideing families with understanding and resources. For families affected by this phenomenon, we will provide the survivors with grocery gift cards, temporary housing, local resource information and college scholarship assistance to the dependents affected by the phenomenon.
What it reported doing in 2024
Production costs for documentary showing the harsh realities of the phenomenon and the ripple effect that it creates. The documentary investigates and comes to an understanding of the root problem surrounding the issue, provides information on potential warning signs for susceptible veterans and programs that can help. The documentary also provides affected families with understanding and resources.
Operating model
- Revenue model
- Donor-supported. 99% 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. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -715.2%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 9.86; rating input score 92; 92nd 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: -52.9% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -54.7% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 35.1% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 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 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.