Thomas C & Sandra S Sullivan Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Thomas C & Sandra S Sullivan Foundation is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1946, with $562,613 in FY2024 revenue. CharityIndex grades it C+.
1404 East Ninth Street, Cleveland, OH, 44114 EIN 01-0779923 Since 1946
Revenue (FY2024)
$563K
▲ 115.5% vs prior year
Expenses (FY2024)
$358K
Net assets
$5.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Thomas C & Sandra S 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 →
B+Financial health25% of the rating178 mo reserves · +36% 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 Thomas C & Sandra S Sullivan Foundation: 178 mo reserves · +36% margin earns a B+ 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 Thomas C & Sandra S 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 Thomas C & Sandra S Sullivan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $352K (FY2017) to $563K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $200Net assets $5.3M
Operating margin
36.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$200
Net assets
$5.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $562,613▲115% | $358,006▲5.3% | $5,307,703▲5.3% | $5,307,903▲4.8% | 990 |
| 2023 | $261,130▲526% | $339,919▲4.1% | $5,039,762▲7.9% | $5,065,980▲8.5% | 990 |
| 2022 | $41,729▼94.1% | $326,555▼8.0% | $4,670,675▼18.7% | $4,670,675▼18.7% | 990 |
| 2021 | $704,346▼0.3% | $354,787▲18.5% | $5,741,473▲9.0% | $5,741,473▲8.8% | 990 |
| 2020 | $706,307▲204% | $299,384▲9.7% | $5,267,181▲16.1% | $5,276,795▲16.3% | 990 |
| 2019 | $232,676▼41.6% | $273,000▲1.2% | $4,536,774▲12.8% | $4,536,774▲12.8% | 990 |
| 2018 | $398,498▲13.2% | $269,738▼4.2% | $4,021,236▼9.8% | $4,021,236▼9.8% | 990 |
| 2017 | $352,000 | $281,454 | $4,460,466 | $4,460,466 | 990 |
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 Thomas C & Sandra S Sullivan Foundation a legitimate nonprofit?
- Yes. Thomas C & Sandra S Sullivan Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0779923, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Thomas C & Sandra S Sullivan Foundation's EIN?
- Thomas C & Sandra S Sullivan Foundation's Employer Identification Number (EIN) is 01-0779923.
- How much revenue does Thomas C & Sandra S Sullivan Foundation report?
- Thomas C & Sandra S Sullivan Foundation reported $562,613 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Thomas C & Sandra S Sullivan Foundation have?
- CharityIndex grades Thomas C & Sandra S Sullivan Foundation C+, based on financial health (reserves and operating margin).
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Data for Thomas C & Sandra S Sullivan Foundation (EIN 01-0779923) 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.