The Timothy O'connell Foundation
Nonprofit profile at a glance
- EIN
- 262636160
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- Holliston, MA, USA
- Phone
- 5084291519
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $101,694
- Expenses
- $85,375
- Assets
- $213,321
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- KEVIN J O'CONNELL (TRUSTEE)
- JOANNE M O'CONNELL (TRUSTEE)
- MICHAEL A SIMONS (TRUSTEE)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fund programs designed to research cures for acute myeloid leukemia and other cancers affecting children; to provide financial assistance to charities devoted to the needs of cancer patients who are under the age of 18 and their families; and to provide scholarship and fellowship grants to persons who are dedicated to researching treatments of and cures for acute myeloid leukemia and other cancers affecting children.
What it reported doing in 2025
The organization has raised $1,510,321 in the last 18 years. Contributions of $75,340 were given in 2025 to organizations supporting leukemia research and families affected by cancer. 3 scholarships totalling $5,000 were awarded to students dedicated to researching treatments of and cures for acute myeloid leukemia and other cancers affecting children.
Operating model
- Revenue model
- Other-operating. 74% of the money available for current operations came from other operating revenue.
- 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. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.2%; rating input score 79
- Program expense ratio: 94.1%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 2.5; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 14.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 79.2% of revenue deployed · 94.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $80K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2025
- 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.