Is Thomas C & Sandra S Sullivan Foundation Legit?

Quick charity verification for Thomas C & Sandra S Sullivan Foundation (EIN: 10779923)

Verdict: Thomas C & Sandra S Sullivan Foundation appears trustworthy

85/100Mission Score
$563KRevenue
$5.3MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Thomas C & Sandra S Sullivan Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Thomas C & Sandra S Sullivan Foundation

Is Thomas C & Sandra S Sullivan Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Thomas C & Sandra S Sullivan Foundation (EIN: 10779923) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Thomas C & Sandra S Sullivan Foundation a good charity to donate to?

Thomas C & Sandra S Sullivan Foundation has a Mission Score of 85/100. Revenue: $563K. Assets: $5.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Thomas C & Sandra S Sullivan Foundation?

The Employer Identification Number (EIN) for Thomas C & Sandra S Sullivan Foundation is 10779923. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Thomas C & Sandra S Sullivan Foundation spend its money?

Thomas C & Sandra S Sullivan Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Thomas C & Sandra S Sullivan Foundation's tax-exempt status?

You can verify Thomas C & Sandra S Sullivan Foundation's tax-exempt status using EIN 10779923 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Thomas C & Sandra S Sullivan Foundation appears to be a private foundation, given its consistent revenue and expense patterns, and the absence of officer compensation. Its financial health is generally stable, with assets consistently above $4 million, reaching $5,065,980 in 2023. However, the foundation has experienced significant fluctuations in annual revenue, ranging from $41,729 in 2022 to $706,307 in 2020, which can make long-term planning challenging. In 2023, expenses ($339,919) exceeded revenue ($261,130), indicating a reliance on prior year's assets or investment income to cover operations and grants. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess. However, as a private foundation, a significant portion of its expenses would typically be grants paid out, which are considered program spending. The consistent lack of reported officer compensation across all filings suggests a lean operational structure, which is a positive indicator for efficiency. Transparency is generally good through its consistent IRS 990 filings. The absence of officer compensation is a strong point for transparency and public trust, as it indicates that the foundation's leadership is not drawing a salary from the organization's funds. However, without more detailed expense breakdowns in the provided data, a complete picture of spending allocation remains somewhat opaque.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages