Overview
What is The Declan Drumm Sullivan Memorial?
The Declan Drumm Sullivan Memorial is a nonprofit organization situated at 3539 Long Grove Road, Long Grove, Illinois 60047. Their primary mission is to raise funds and donate to charitable causes, specifically supporting organizations that exhibit significant local impact in the fields of education and community service. By doing so, the Declan Drumm Memorial Fund aims to empower deserving children, enabling them to reach their full potential through initiatives like Horizons for Youth and similar organizations. The organization operates with a small team of one dedicated individual.
Official website here: www.declandrummsullivanfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)
The Declan Drumm Sullivan Memorial holds a two-star rating from Charity Navigator, indicating a need for improvement in various operational aspects. While the organization excels in accountability and finance, achieving a perfect score of 100% in this category, it lacks independent board members and has several missing governance policies, which raise concerns about its oversight and transparency.
Strengths of the organization include a strong program expense ratio of 78.06%, indicating that a significant portion of its funding directly supports its programs. Additionally, the organization shows no material diversion of assets and has well-maintained financial statements, which are audited appropriately. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy could potentially hinder its overall effectiveness and trustworthiness.
Overall, while the Declan Drumm Sullivan Memorial demonstrates solid financial management, the lack of independent governance and missing crucial policies highlight areas where improvement is necessary. It is recommended for potential donors to consider these factors when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is The Declan Drumm Sullivan Memorial legitimate?
The Declan Drumm Sullivan Memorial is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Declan Drumm Sullivan Memorial submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.declandrummsullivanfund.org/
What is the mission statement of The Declan Drumm Sullivan Memorial?
The Declan Drumm Sullivan Memorial aims to raise funds and make charitable donations. Its mission is to support organizations that demonstrate significant local impact in the areas of education and community service. By doing so, the memorial fund seeks to provide opportunities for deserving children, enabling them to reach their full potential, as exemplified by Horizons for Youth and similar organizations. By honoring one life, the memorial fund aspires to impact hundreds of lives positively.
Official website here: www.declandrummsullivanfund.org/
Who is the CEO of The Declan Drumm Sullivan Memorial?
Barry Sullivan is the Trustee of The Declan Drumm Sullivan Memorial.
Official website here: www.declandrummsullivanfund.org/
What is the revenue of The Declan Drumm Sullivan Memorial?
The Declan Drumm Sullivan Memorial's revenue in 2022 was $781,323.
Official website here: www.declandrummsullivanfund.org/
Who are the executives of The Declan Drumm Sullivan Memorial and what are their salaries?
The average compensation at The Declan Drumm Sullivan Memorial during 2022 was $60,000. There is 1 employee and 54 volunteers at The Declan Drumm Sullivan Memorial.
Here are 2 key members and their salaries:
- Compensation: $60,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.declandrummsullivanfund.org/
Where can I find the form 990 for The Declan Drumm Sullivan Memorial?
The Declan Drumm Sullivan Memorial's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.declandrummsullivanfund.org/
Learn more at the official website: www.declandrummsullivanfund.org/
Mission Statement of The Declan Drumm Sullivan Memorial
The Declan Drumm Sullivan Memorial is a charitable organization with a mission to raise funds and make donations. This nonprofit supports organizations that demonstrate a significant local impact in the areas of education and community service. By doing so, it aims to honor the life of one individual while impacting hundreds of lives. The Declan Drumm Memorial Fund specifically focuses on helping deserving children by providing them with opportunities that enable them to reach their full potential. This is achieved through partnerships with organizations like Horizons for Youth and similar entities.
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Impact
October, 2024
The Declan Drumm Sullivan Memorial significantly impacts the lives of deserving children by providing them with opportunities that enable them to reach their full potential. Through fundraising efforts, this initiative donates to organizations like Horizons for Youth and others that are dedicated to educational support and community service. By honoring the life of Declan Drumm Sullivan, it channels resources into programs that create meaningful changes in the community, ultimately benefiting hundreds of children. The fund’s focus on local impact ensures that contributions are directed towards initiatives that foster education and improve the well-being of children in Long Grove and beyond. Through its philanthropic efforts, the Memorial cultivates hope and creates pathways for youth to succeed.
This information is meant to be a general summary of The Declan Drumm Sullivan Memorial. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,793
- Gross Receipts: $781,323
Assets and Liabilities:
- Total Assets: $884,547
- Total Liabilities: $3,366
- Net Assets: $881,181
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Organization Details
Founding Year
2010
Phone
(312) 286-1382Principal Officer
Barry Sullivan
Main Address
3539 LONG GROVE ROAD, LONG GROVE, IL, 60047
NTEE Category
Code: T30 - Philanthropy
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