Louise A and Walter H Sullivan Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Louise A and Walter H Sullivan Foundation is a 501(c)(3) organization based in Foster City, California, registered in 1955, with $18,117 in FY2023 revenue. CharityIndex grades it F.
906 Aruba Ln, Foster City, CA, 94404 EIN 94-6061290 Since 1955
Revenue (FY2023)
$18K
▲ 118.1% vs prior year
Expenses (FY2023)
$40K
Net assets
$109K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Louise A and Walter H Sullivan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating33 mo reserves · -119% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Louise A and Walter H Sullivan Foundation: 33 mo reserves · -119% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Louise A and Walter H Sullivan Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Louise A and Walter H Sullivan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 906 Aruba Ln, Foster City, CA, 94404
- City
- Foster City
- State
- California
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from -$3,113 (FY2013) to $18K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $109K
Operating margin
-118.9%
Spent more than it raised in the latest fiscal year.
Total assets
$109K
Total liabilities
$0
Net assets
$109K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $18,117▲118% | $39,654▲23.7% | $109,192▼16.5% | $109,192▼16.5% | 990PF |
| 2022 | $8,307▼55.6% | $32,069▲69.5% | $130,729▼15.4% | $130,729▼15.4% | 990PF |
| 2021 | $18,711▲20.1% | $18,925▼29.0% | $154,491▼2.1% | $154,491▼2.1% | 990PF |
| 2020 | $15,586▲542% | $26,641▲46.7% | $157,845▼6.4% | $157,845▼6.4% | 990PF |
| 2019 | $2,428▼64.8% | $18,159▼0.8% | $168,673▼23.9% | $168,673▼23.9% | 990PF |
| 2018 | $6,897▼49.4% | $18,314▼21.5% | $221,691▼12.6% | $221,691▼12.6% | 990PF |
| 2017 | $13,636▲86.1% | $23,343▲38.5% | $253,657▲8.5% | $253,657▲8.5% | 990PF |
| 2016 | $7,328▼22.3% | $16,850▼14.3% | $233,788▲0.3% | $233,788▲0.3% | 990PF |
| 2015 | $9,427▲237% | $19,659▲2.2% | $233,140▼10.1% | $233,140▼10.1% | 990PF |
| 2014 | $2,794▲190% | $19,241▼27.2% | $259,201▼2.7% | $259,201▼2.7% | 990PF |
| 2013 | -$3,113 | $26,438▲49.5% | $266,379▼1.8% | $266,379▼1.8% | 990PF |
| 2012 | — | $17,685▲87.9% | $271,309▲9737% | $271,309▲9737% | 990PF |
| 2011 | — | $9,410▼35.1% | $2,758▼14.5% | $2,758▼14.5% | 990PF |
| 2010 | — | $14,505 | $3,226 | $3,226 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Louise A and Walter H Sullivan Foundation a legitimate nonprofit?
- Yes. Louise A and Walter H Sullivan Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-6061290, based in Foster City, California. Donations are tax-deductible.
- What is Louise A and Walter H Sullivan Foundation's EIN?
- Louise A and Walter H Sullivan Foundation's Employer Identification Number (EIN) is 94-6061290.
- How much revenue does Louise A and Walter H Sullivan Foundation report?
- Louise A and Walter H Sullivan Foundation reported $18,117 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Louise A and Walter H Sullivan Foundation have?
- CharityIndex grades Louise A and Walter H Sullivan Foundation F, based on financial health (reserves and operating margin).
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Data for Louise A and Walter H Sullivan Foundation (EIN 94-6061290) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.