Patrick Cantlay Foundation EIN 84-4040240

Patrick Cantlay Foundation FY2020 filing

EIN  84-4040240 Public foundation / grantmaker New York, NY Founded 2019
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports junior golf and other charitable causes.
Leadership
Parick Cantlay · President
Money in and out
$151K revenue, $34K expenses
Bottom line
25% program efficiency

Supports junior golf and other charitable causes. For fiscal year 2020 it reported $151K in revenue, $34K in expenses, and $118K in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$151K
Pt VIII · Ln 12
Total expenses
$34K
Pt IX · Ln 25
Net assets
$118K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $118K
Where spending went · Part IX cols B–D
Program services $0.25 Management & general $0.75
Program efficiency
25%
of spending reaches programs
Operating runway
42.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+78%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$151K
FY2020
Expenses
$34K
FY2020
Total assets
$118K
FY2020
Total liabilities
$0
FY2020
Total revenue
$151K
Pt VIII · Ln 12
Total expenses
$34K
Pt IX · Ln 25
Net assets
$118K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$118K
Total assetsPt X · Ln 16$118K
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $8K of program spending, described in the organization's own filed words · FY2020.
01

The primary accomplishment of this organization will be the contribution of funds to the american australian association. The contribution will be used to help fund their newly created wildfire research scholarship, which will support one american or australian to undertake much needed study or research in wildfire emergency response and…

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPatrick Cantlay Foundation
EINHdr · item D84-4040240
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.patrickcantlay.com
Year of formationHdr · item L2019
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$150K · 99%
Investment income$1K · 1%
Contributions & grants99%$150K
Investment income1%$1K
Total revenueLn 12$151K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.75
Program services25%$8K
Management & general75%$25K
Total functional expensesLn 25$34K

Balance Sheet

Part X · end of year
CashLn 1$8K
Total assetsLn 16$118K
Total liabilitiesLn 26$0
Total net assetsLn 32$118K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $118K · Operating expenses/yr $34K
42.0 months
Where the money goes
Program services
Program services $8K · Total expenses $34K
25%
Management & General
Management & general $25K · Total expenses $34K
75%
Fundraising
Fundraising $0 · Total expenses $34K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $150K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $150K · Total revenue $151K
99%
Government reliance
Government grants — · Total revenue $151K
Earned-income share
Program service revenue $0 · Total revenue $151K
0%
Investment reliance
Investment income $1K · Total revenue $151K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $34K
0%
Growth & trend
Revenue growth (YoY)
This year $151K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $118K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $151K · Expenses $34K
+78%
Liabilities-to-Assets
Total liabilities — · Total assets $118K
Net-asset ratio
Net assets $118K · Total assets $118K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $109K · Total assets (Pt X, ln 16) $118K
93%
People & payroll
Highest Reported Total Compensation
Individual Parick Cantlay · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $34K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $34K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%
Overhead ratio 75%
Fundraising cost ratio 0%
Legal fee ratio 75%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$20K
Grants paid · 14 grants · $517K · 2020–2025
Scpga Foundation INCCA · FY2025$90,519
Servite High SchoolFY2025$20,000
Scpga Foundation INCCA · FY2024$51,715
Scpga Foundation INCCA · FY2023$25,000
Scpga Foundation INCCA · FY2022$65,000
Scpga Foundation INCCA · FY2021$50,000
Servite High School GolfFY2021$5,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$520K revenue · ⤓ 990 PDF
FY2024$421K revenue · ⤓ 990 PDF
FY2023$26K revenue · ⤓ 990 PDF
FY2022$153K revenue · ⤓ 990 PDF
FY2021$14K revenue · ⤓ 990 PDF
FY2020$151K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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