Tom & Glory Sullivan Foundation Inc is a 501(c)(3) organization based in Ponte Vedra, Florida, registered in 1995, with $282,853 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$283K
▼ 45.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$653K
Net assets
$869K
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 Tom & Glory Sullivan 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 Tom & Glory Sullivan Foundation Inc: 16 mo reserves · -131% margin earns a F 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 Tom & Glory Sullivan 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 Tom & Glory Sullivan Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $803K (FY2013) to $283K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-131.0%
Spent more than it raised in the latest fiscal year.
Total assets
$937K
Total liabilities
$68K
Net assets
$869K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $282,853▼45.0% | $653,494▼23.6% | $868,891▼29.9% | $937,128▼25.0% | 990PF |
| 2022 | $514,365▼5.6% | $855,217▲26.5% | $1,239,532▼21.6% | $1,249,316▼20.9% | 990PF |
| 2021 | $544,826▲44.7% | $676,106▲10.7% | $1,580,384▼7.7% | $1,580,384▼7.7% | 990PF |
| 2020 | $376,501▲17.9% | $610,482▲1964% | $1,711,664▼28.1% | $1,711,664▼12.0% | 990PF |
| 2019 | $319,319▲65.6% | $29,584▼94.1% | $2,379,859▲13.9% | $1,945,645▼6.9% | 990PF |
| 2018 | $192,853▼49.2% | $498,890▲7.2% | $2,090,124▼12.8% | $2,090,124▼12.8% | 990PF |
| 2017 | $379,889▲163% | $465,269▲17.1% | $2,396,161▼3.4% | $2,396,161▼3.4% | 990PF |
| 2016 | $144,203▼40.9% | $397,270▲6.4% | $2,481,541▼9.3% | $2,481,541▼9.3% | 990PF |
| 2015 | $244,076▼29.4% | $373,331▼20.7% | $2,734,608▼4.5% | $2,734,608▼4.5% | 990PF |
| 2014 | $345,786▼56.9% | $470,649▼14.9% | $2,863,863▼4.2% | $2,863,863▼4.2% | 990PF |
| 2013 | $803,128 | $552,782▲37.2% | $2,988,726▲9.1% | $2,988,726▲9.1% | 990PF |
| 2012 | — | $403,010▼34.1% | $2,738,380▲2.4% | $2,738,380▲2.4% | 990PF |
| 2011 | — | $611,746▼14.9% | $2,674,952▼5.8% | $2,674,952▼5.8% | 990PF |
| 2010 | — | $718,949▲13.5% | $2,840,939▼10.1% | $2,840,939▼10.1% | 990PF |
| 2009 | — | $633,320 | $3,161,745 | $3,161,745 | 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 Tom & Glory Sullivan Foundation Inc (EIN 52-1905859) 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.