Rhett Sullivan Foundation FY2023 filing

Tax-deductible

Flower Mound, TX501(c)(3)Human ServicesEIN 83-1464512

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The Rhett Sullivan Foundation is a non profit foundation that aids families who experience unexpected early child loss with financial assistance grief support and resources. The loss of a young child is traumatic and touches many families within our community. Our goal is to provide relief in their time of need.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $119K a year · 52% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
34 mo
of spending, in cash
Looks good: 34.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $61K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$189K
-8% vs prior year
Spent
$142K
To programs
97%
Net assets
$404K
By yearFY2020–FY2024
Revenue
$189K
FY2023▼ -8%
Revenue by fiscal year
FY2020$91K
FY2021$229K
FY2022$206K
FY2023$189K
FY2024$296K
Expenses
$142K
FY2023▲ +37%
Expenses by fiscal year
FY2020Not on file
FY2021$112K
FY2022$104K
FY2023$142K
FY2024$84K
Net assets
$404K
FY2023▲ +13%
Net assets by fiscal year
FY2020$140K
FY2021$256K
FY2022$358K
FY2023$404K
FY2024$614K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $138K Management & general 3% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice President/Treasurer
$0Pt VII · Sec A
Executive Director/President
$0Pt VII · Sec A
See Rhett Sullivan Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps families facing early child loss with financial aid and grief support.

Provided by the organization

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2 programs · $138K · in their own filed words · FY2023
01

In 2023 we assisted multiple families that faced early child loss (20 weeks gestation to 2 years of age). We helped provide financial and emotional support for these families. Financially we helped pay for funerals, cemetery charges, CASKET/URN purchases, headstone purchases and counseling costs.

$134Kprogram expense
02

We purchased items for "love and comfort" packages for 5 local DFW hospitals. Love & comfort packages are given to parents and siblings that face CHILD/SIBLING loss. We hope these items in this package help to bring love and comfort during this time.

$4Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$61K
Grants paid · 4 grants · $376K · 2021–2024
Unitemized GrantFY2024$74,434
Unitemized GrantFY2023$134,464
Unitemized GrantFY2022$102,078
Unitemized GrantFY2021$64,614

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$189K
Ln 12
Gifts and grantsLn 1h$185K
Other incomeLn 4–11$3K
Money outPt IX
$142K
Ln 25
Programscol B$138K
Managementcol C$4K
Owns and owesPt X
$404K
net assets · Ln 32
Cash and savingsLn 1–2$404K
Total assetsLn 16$404K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$185K
Fundraising eventsLn 1c$153K
Other incomeLn 4–11$3K
Total revenueLn 12$189K
Assets in detailPt X, end of year
CashLn 1$404K
Cash and savings togetherLn 1–2$404K
Total assetsLn 16$404K
LiabilitiesLn 26$0
Net assetsLn 32$404K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$358K$404K
Total assetsLn 16$358K$404K
LiabilitiesLn 26$0$0
Net assetsLn 32$358K$404K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$134K$134K
Office expensesLn 13$4K$4K
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$142K$138K$4K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $296K$84K$211K$614K 990 PDF
FY2023 Viewing $189K$142K$46K$404K 990 PDF
FY2022 $206K$104K$102K$358K 990 PDF
FY2021 $229K$112K$117K$256K 990 PDF
FY2020 $91K$140K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $188,541 across 6 lines filed
VIII-1c Fundraising events$153,462
VIII-1f All other contributions, gifts and grants$31,912
VIII-1h Total contributions, gifts and grants$185,374
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,167$3,167
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,167$188,541
Part IX · Statement of functional expenses $142,325 across 3 lines filed
IX-2 Grants to domestic individualsPrograms $134,464$134,464
IX-13 Office expensesManagement $3,958$3,958
IX-24 Other expenses (24a–d)Programs $3,903$3,903
IX-25 Total functional expensesPrograms $138,367 · Management $3,958 · Fundraising $0$142,325
Part X · Balance sheet $404,295 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $358,079$404,295
X-16 Total assetsStart of year $358,079$404,295
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $358,079$404,295
X-32 Total net assets or fund balancesStart of year $358,079$404,295
X-33 Total liabilities and net assetsStart of year $358,079$404,295
Part XI · Reconciliation of net assets $404,295 net assets at year end
XI-1 Total revenue$188,541
XI-2 Total expenses$142,325
XI-3 Revenue less expenses$46,216
XI-4 Net assets at start of year$358,079
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$404,295

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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