Thomas M Brennan Memorial Foundation is a 501(c)(3) organization based in Mount Vernon, New York, registered in 2003, with $144,643 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$145K
▼ 26.2% vs prior year
Education median: $200K
Expenses (FY2024)
$155K
Net assets
$1.4M
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 Thomas M Brennan Memorial Foundation— 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 Thomas M Brennan Memorial Foundation: 112 mo reserves · -7% margin earns a B+ 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 Thomas M Brennan Memorial Foundation— 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 Thomas M Brennan Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $152K (FY2013) to $145K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$66K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $144,643▼26.2% | $155,290▲6.8% | $1,446,883 | $1,512,833▲0.1% | 990 |
| 2023 | $196,041▲102% | $145,400▲3.4% | $1,446,162▲8.5% | $1,511,762▲8.2% | 990 |
| 2022 | $96,818▼37.9% | $140,592▲11.2% | $1,333,191▼17.3% | $1,396,727▼16.3% | 990 |
| 2021 | $155,843▲46.2% | $126,456▲9.4% | $1,612,092▼0.3% | $1,668,142▲0.3% | 990 |
| 2020 | $106,560▼18.1% | $115,546▲18.6% | $1,616,528▲0.8% | $1,663,528▲1.2% | 990 |
| 2019 | $130,058▼44.2% | $97,448▼1.5% | $1,604,347▼18.6% | $1,643,197▼18.4% | 990 |
| 2018 | $232,987▲42.0% | $98,966▲4.1% | $1,971,929▼14.7% | $2,012,529▼14.5% | 990 |
| 2017 | $164,098▼8.3% | $95,047▼0.8% | $2,311,170▲10.0% | $2,353,245▲9.9% | 990 |
| 2016 | $179,002▲1.9% | $95,790▲13.4% | $2,100,177▲2.2% | $2,141,027▲2.2% | 990 |
| 2015 | $175,606▼30.6% | $84,448▲7.0% | $2,054,118▲4.6% | $2,095,868▲5.0% | 990 |
| 2014 | $252,930▲66.4% | $78,953▲8.4% | $1,962,868▲12.7% | $1,996,468▲12.6% | 990 |
| 2013 | $152,034 | $72,839▲24.4% | $1,742,255▲8.3% | $1,773,755▲6.7% | 990 |
| 2012 | — | $58,548▲13.0% | $1,608,157▲14.8% | $1,662,957▲16.8% | 990 |
| 2011 | — | $51,833▲27.7% | $1,401,305▲8.9% | $1,424,205▲9.1% | 990 |
| 2010 | — | $40,583 | $1,287,193 | $1,305,043 | 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.
6 grants to Thomas M Brennan Memorial Foundation totaling $80K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $19,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $12,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $13,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $12,000 |
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Data for Thomas M Brennan Memorial Foundation (EIN 20-0106661) 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.