The Sean Reilly Tbi Fund Inc C/o William Reilly

Nonprofit profile at a glance

EIN
270165165
IRS 990 coverage
2017–2019
Forms available
Form 990 2019
Location
Summit, NJ, USA
Phone
9735497146
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Official website

Reported finances

Revenue
$73,306
Expenses
$470,349
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • WILLIAM G REILLY (DIRECTOR/PRESIDENT)
  • WILLIAM TULLY (DIRECTOR/VICE PRESIDENT)

People named in this filing

  • WILLIAM G REILLY (DIRECTOR/PRESIDENT)
  • TODD SCHERMERHORN (DIRECTOR/TREASURER)
  • WILLIAM TULLY (DIRECTOR/VICE 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. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sean reilly tbi fund, inc. (the "charity") is dedicated to improving the daily quality of life for victims of traumatic brain injury and their families. The charity focuses especially on providing assistance to patients and the families of those diagnosed as minimally conscious or in a persistent vegetative state, whose needs in rehabilitation facilities and nursing homes are often unmet by exisiting brain injury resources. In addition, the charity may make gifts, grants and other contributions to those charitable organizations determined, from time to time, by the board of directors to have pursuant similar to those of the charity.

What it reported doing in 2019

The sean reilly tbi fund, inc. (the "charity") is dedicated to improving the daily quality of life for victims of traumatic brain injury and their families. The charity focuses especially on providing assistance to patients and the families of those diagnosed as minimally conscious or in a persistent vegetative state, whose needs in rehabilitation facilities and in nursing homes are often unmet by existing brain injury resources. In addition, the charity may make gifts, grants and other contributions to those charitable organization determined, from time to time, by the board of directors to have pursuant similar to those of the charity.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 100% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 11
  • Growth: 80

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • 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: -541.6%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 98.5% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: -75.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $470K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2017 to 2019
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.