The Ryan Lee Memorial Foundation Inc
Nonprofit profile at a glance
- EIN
- 452438136
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Berlin, CT, USA
- Phone
- 8608289490
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $132,964
- Expenses
- $131,166
- Assets
- $165,400
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DANIEL J LEE (PRESIDENT)
People named in this filing
- DANIEL J LEE (PRESIDENT)
- ROBERT JOSEPHSON (SECRETARY)
- JAMES L MCNAIR (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Raise funds through an annual golf tournament and other private solicitations to award scholarships based on financial need, academic performacne, and involvement in athletic activities.
What it reported doing in 2024
Raise funds through an annual golf tournament and other private solicitations to award scholarships based on financial need, academic performance, and involvement in athletic activities.
Operating model
- Revenue model
- Donor-supported. 70% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 68% 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.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99%; rating input score 99
- 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: Yes; rating input score 100
Sustainability
- Operating margin: 1.4%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 20.2% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 12% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 99% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $131K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2011 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.
- Moderate — Sustainability: Operating margin scored 38/100.