O Sullivan Family Charitable Foundation
O Sullivan Family Charitable Foundation maintains strong assets despite fluctuating revenues and recent deficit spending.
EIN: 201882904 · Birmingham, AL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $326K |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 85/100 |
Is O Sullivan Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
O Sullivan Family Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About O Sullivan Family Charitable Foundation
O Sullivan Family Charitable Foundation (EIN: 201882904) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of O Sullivan Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
O Sullivan Family Charitable Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $326K |
| Surplus / Deficit | $-204,117 |
| Total Assets | $3.6M |
| Total Liabilities | $1 |
| Net Assets | $3.6M |
| Operating Margin | -167.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.3 months |
Financial Health Grade: B
In 2023, O Sullivan Family Charitable Foundation reported a deficit of $204K with expenses exceeding revenue, holds 133.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), O Sullivan Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -81.4% | -3.1% | -5.3% |
| 2022 | +22.3% | +0.4% | +9.1% |
| 2021 | +930.3% | +25.3% | +6.1% |
| 2020 | -68.6% | +3.1% | -6.1% |
| 2019 | +39.6% | -13.3% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates O Sullivan Family Charitable Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, O Sullivan Family Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a foundation of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of O Sullivan Family Charitable Foundation's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (e.g., 2023, 2020, 2019), indicating potential reliance on asset drawdowns or inconsistent funding.
- Significant year-over-year revenue volatility, making financial planning and forecasting potentially challenging.
Strengths
The following positive indicators were identified for O Sullivan Family Charitable Foundation:
- Consistently low liabilities ($1 reported across all filings) indicates excellent debt management.
- Substantial and stable asset base (over $3.5 million in recent years) provides financial security.
- 0% officer compensation reported, suggesting a highly efficient or volunteer-driven leadership structure.
- Long history of IRS 990 filings demonstrates commitment to transparency and compliance.
Frequently Asked Questions about O Sullivan Family Charitable Foundation
Is O Sullivan Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, O Sullivan Family Charitable Foundation (EIN: 201882904) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does O Sullivan Family Charitable Foundation spend its money?
O Sullivan Family Charitable Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to O Sullivan Family Charitable Foundation tax-deductible?
O Sullivan Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201882904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of O Sullivan Family Charitable Foundation's spending goes to programs?
O Sullivan Family Charitable Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does O Sullivan Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), O Sullivan Family Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is O Sullivan Family Charitable Foundation located?
O Sullivan Family Charitable Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 201882904. It is classified under NTEE code T22.
How many years of IRS 990 filings does O Sullivan Family Charitable Foundation have?
O Sullivan Family Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Is O Sullivan Family Charitable Foundation financially sustainable given recent deficits?
While the foundation has experienced periods where expenses exceeded revenue, such as in 2023 ($325,836 expenses vs. $121,719 revenue), its substantial asset base of $3,619,520 provides a significant buffer. However, sustained deficits without corresponding revenue growth could impact long-term sustainability.
What is the primary source of the foundation's revenue?
The provided data shows highly variable revenue figures, ranging from $5,774 in 2011 to $2,936,871 in 2012. Without detailed 990 schedules, it's difficult to pinpoint the exact primary source, but such fluctuations often suggest reliance on investment income, large individual donations, or specific grant cycles rather than consistent program service revenue.
How does the foundation manage its liabilities?
The foundation consistently reports liabilities of $1 across all available filings, indicating extremely low or negligible debt and strong financial management in this area.
Filing History
IRS 990 filing history for O Sullivan Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), O Sullivan Family Charitable Foundation's revenue has grown by 2008.1%, moving from $6K to $122K. Total assets increased by 1245.1% over the same period, from $269K to $3.6M. Total functional expenses rose by 845.1%, from $34K to $326K. In its most recent filing year (2023), O Sullivan Family Charitable Foundation reported a deficit of $204K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $326K | $3.6M | $1 | — | — |
| 2022 | $655K | $336K | $3.8M | $1 | — | View 990 |
| 2021 | $536K | $335K | $3.5M | $1 | — | View 990 |
| 2020 | $52K | $267K | $3.3M | $1 | — | View 990 |
| 2019 | $166K | $259K | $3.5M | $1 | — | View 990 |
| 2015 | $119K | $299K | $3.9M | $1 | — | View 990 |
| 2014 | $297K | $321K | $4.1M | $1 | — | View 990 |
| 2013 | $1.1M | $197K | $4.1M | $1 | — | View 990 |
| 2012 | $2.9M | $31K | $3.2M | $1 | — | View 990 |
| 2011 | $6K | $34K | $269K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $326K, and assets of $3.6M (revenue -81.4% year-over-year).
- 2022: Revenue of $655K, expenses of $336K, and assets of $3.8M (revenue +22.3% year-over-year).
- 2021: Revenue of $536K, expenses of $335K, and assets of $3.5M (revenue +930.3% year-over-year).
- 2020: Revenue of $52K, expenses of $267K, and assets of $3.3M (revenue -68.6% year-over-year).
- 2019: Revenue of $166K, expenses of $259K, and assets of $3.5M (revenue +39.6% year-over-year).
- 2015: Revenue of $119K, expenses of $299K, and assets of $3.9M (revenue -60.0% year-over-year).
- 2014: Revenue of $297K, expenses of $321K, and assets of $4.1M (revenue -73.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $197K, and assets of $4.1M (revenue -61.9% year-over-year).
- 2012: Revenue of $2.9M, expenses of $31K, and assets of $3.2M (revenue +50763.7% year-over-year).
- 2011: Revenue of $6K, expenses of $34K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for O Sullivan Family Charitable Foundation:
Data Sources and Methodology
This transparency report for O Sullivan Family Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.