The Ryan Perry Foundation Inc

Nonprofit profile at a glance

EIN
841768836
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Amagansett, NY, USA
Phone
9178165818
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$115,363
Expenses
$61,795
Assets
$247,613
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

People named in this filing

  • SUSAN KIRSHENBAUM (DIRECTOR)
  • ALLISON SPITZ (DIRECTOR)
  • SARAH MCGUINESS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's mission is to keep the memory of it's namesake, ryan perry, alive by helping others overcome obstacles and pursue their passions. Ryan perry, whose parents and family and friends comprise the board of directors, struggled with anxiety and learning disabilities throughout his developemental years, followed by struggles with alcohol and drug abuse while also dealing with epilepsy. His journey led him to a 12 month residential treatment program and then 6 months of sober living. Sobriety gave ryan the opportunity to pursue his passion in fashion. He was working in his chosen field and looking forward to starting school in june of 2019. Tragically, he died from sudep (sudden death from epilpsy) on april 25,2019.in ryan's memory, the foundation will identify and assist potential recipents in need in getting the help that they need.

What it reported doing in 2024

The foundation identifies candidates who meet the following ten non exclusive criteria for identifyingpotential recipents of assistance:1) family with a child 16-302) someone struggling with substance use or abuse3) a history of trauma, depression and or anxiety as an underlying issue4) demonstrated financial need5) a willingness to work with and consider treatment suggestions from thrive treatment consulting on a pro bono basis6) active participation in the thorough assessment necessary to make the appropriate theraputic placement7) allowing thrive treatment consulting total access to prior treatment providers in making current assessments8) a commitment to complete the chosen program and actively participate in family based programs9) agree to actively update thrive treatment consulting and the ryan perry foundation of family progress throughout treatment10)consider all theraputic recommendations given by the program and thrive treatment consulting upon completion of the program.rh, jj, lj, hw, and zl were the foundations 2024 recipients and $54,450 was advanced towards their treatment programs

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. Some filing-based governance responses are negative or unanswered and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 92
  • Accountability: 12
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 55.1%; rating input score 55
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 46.4%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 4.01; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 24.4% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 33.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 34% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 55.1% of revenue deployed · 100% of spending went to programs
  • Governance: 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $62K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • Review — Financial Efficiency: Mission deployment rate scored 55/100.