Sean P Downes Foundation Inc is a 501(c)(3) organization based in Fort Lauderdale, Florida, registered in 2009, with $4,023 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$4,023
Philanthropy median: $168K
Expenses (FY2024)
$5,500
Net assets
$26K
Employees
—
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 Sean P Downes Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sean P Downes Foundation Inc: 56 mo reserves · -37% margin earns a D on this criterion. See the exact thresholds →
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 Sean P Downes Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sean P Downes Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $0 (FY2013) to $4,023 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-36.7%
Spent more than it raised in the latest fiscal year.
Total assets
$26K
Total liabilities
$0
Net assets
$26K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,023 | $5,500▲81.5% | $25,681▼5.4% | $25,681▼5.4% | 990PF |
| 2023 | $0 | $3,030 | $27,158▼10.0% | $27,158▼10.0% | 990PF |
| 2022 | $0 | $0▼100% | $30,188 | $30,188 | 990PF |
| 2021 | $0▼100% | $27,000▲41438% | $30,188▼47.2% | $30,188▼47.2% | 990PF |
| 2020 | $7,100▼85.8% | $65 | $57,188▲14.0% | $57,188▲14.0% | 990PF |
| 2019 | $50,000 | $0 | $50,153▲32680% | $50,153▲32680% | 990PF |
| 2018 | $0 | $0▼100% | $153 | $153 | 990PF |
| 2017 | $0▼100% | $5,000▼75.6% | $153▼97.0% | $153▼97.0% | 990PF |
| 2016 | $12,897 | $20,500▲431% | $5,153▼59.6% | $5,153▼59.6% | 990PF |
| 2015 | $0 | $3,861▼51.2% | $12,756▼23.2% | $12,756▼23.2% | 990PF |
| 2014 | $0 | $7,910▲106% | $16,617▼32.3% | $16,617▼32.3% | 990PF |
| 2013 | $0 | $3,840▲16.2% | $24,527▼13.5% | $24,527▼13.5% | 990PF |
| 2012 | — | $3,305▼97.1% | $28,367▼10.4% | $28,367▼10.4% | 990PF |
| 2011 | — | $113,815▲15686% | $31,672▲307% | $31,672▲307% | 990PF |
| 2010 | — | $721 | $7,787 | $7,787 | 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.
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Data for Sean P Downes Foundation Inc (EIN 26-2491571) 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.