Civic Intelligence

Osullivan Foundation Trust Dtd 122299

990PF • Fiscal year 2021 • EIN 06-6487034

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 15201 c/o Ayco - NTGAlbany, NY 12212-5201

(518) 640-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Source year 2021

Net Margin

6th percentile

-202%

Higher net margin than 6% of similar nonprofits.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Source year 2021

Asset Growth

5th percentile

-8.4%

Faster asset growth than 5% of similar nonprofits.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-82%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • NTEE T22 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$17,620,151

Down $1,617,460 (-8.4%) from 2020

Net Assets

Down

$17,620,151

Down $1,617,460 (-8.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$802,197

Down $3,696,043 (-82%) from 2020

Expenses

Up

$2,421,482

Up $1,047,997 (+76%) from 2020

Net Income

Down

-$1,619,285

Down $4,744,040 (-152%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $10,350,360Liabilities 2011: $02011Assets 2012: $8,827,197Liabilities 2012: $02012Assets 2013: $9,634,490Liabilities 2013: $02013Assets 2014: $7,599,901Liabilities 2014: $02014Assets 2015: $7,262,365Liabilities 2015: $02015Assets 2018: $9,770,068Liabilities 2018: $0Net Assets 2018: $9,770,0682018Assets 2019: $16,308,696Liabilities 2019: $195,840Net Assets 2019: $16,112,8562019Assets 2020: $19,237,611Liabilities 2020: $0Net Assets 2020: $19,237,6112020Assets 2021: $17,620,151Liabilities 2021: $0Net Assets 2021: $17,620,1512021Assets 2022: $22,078,815Liabilities 2022: $722,012Net Assets 2022: $21,656,8032022Assets 2023: $23,644,350Liabilities 2023: $0Net Assets 2023: $23,644,3502023Assets 2024: $24,039,901Liabilities 2024: $0Net Assets 2024: $24,039,9012024

Highlighted filing

2021

Assets$17,620,151
Liabilities$0
Net Assets$17,620,151

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,039,617Expenses 2011: $1,793,543Net Income 2011: $246,0742011Revenue 2012: -$113,429Expenses 2012: $1,152,958Net Income 2012: -$1,266,3872012Revenue 2013: $3,450,907Expenses 2013: $2,367,507Net Income 2013: $1,083,4002013Revenue 2014: $513,900Expenses 2014: $2,548,489Net Income 2014: -$2,034,5892014Revenue 2015: $1,042,144Expenses 2015: $1,385,687Net Income 2015: -$343,5432015Revenue 2018: $3,149,520Expenses 2018: $1,578,989Net Income 2018: $1,570,5312018Revenue 2019: $8,864,295Expenses 2019: $1,473,718Net Income 2019: $7,390,5772019Revenue 2020: $4,498,240Expenses 2020: $1,373,485Net Income 2020: $3,124,7552020Revenue 2021: $802,197Expenses 2021: $2,421,482Net Income 2021: -$1,619,2852021Revenue 2022: $5,006,176Expenses 2022: $969,524Net Income 2022: $4,036,6522022Revenue 2023: $3,429,315Expenses 2023: $1,075,743Net Income 2023: $2,353,5722023Revenue 2024: $3,110,142Expenses 2024: $3,637,255Net Income 2024: -$527,1132024

Highlighted filing

2021

Revenue$802,197
Expenses$2,421,482
Net Income-$1,619,285
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEAN M O'SULLIVANTrustee-$0--
MARIE T O'SULLIVANTrustee-$0--
ANNE S O'SULLIVANTrustee-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantSEE ATTACHED LISTGENERAL CHARITABLE PURPOSESPCALBANY, NY, US$1,949,718
Paid GrantCommunity Heath & WellnessGENERAL PURPOSESPCTorrington, CT, US$18,234
Filing and Contact Details

Filer

Filer Name
OSullivan Foundation Trust dtd 122299
EIN
06-6487034
In Care Of
% C/O AYCO COMPANY - NTG
Phone
5186405000
Address
PO Box 15201 c/o Ayco - NTG, Albany, NY 12212-5201

Signing Officer

Name
sean o'sullivan
Title
Officer
Phone
5186405000
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
The Ayco Company LP
Address
PO Box 15014, Albany, NY 12212-5014
Preparer
Elizabeth VanTassel
Phone
5186405000
Raw XML Appendix373 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/BusinessName/BusinessNameLine1Txt0brooklyn covid response corp
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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/GrantDt02021-12-31
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt0to support charitable purposes related to covid
ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/ResultsOfVerificationTxt0the grantor has no reason to doubt the accuracy or the reliability of the report received from the grantee. the 2021 annual report was provided by Brooklyn covid response corp to the o'sullivan foundation.
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0100 COLISEUM DRIVE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Cohoes
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd012047
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0TX
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0CO AYCO COMPANY - NTG
IRS990PF/StatementsRegardingActyGrp/PhoneNum05186405000
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0NONE
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0SEAN M O'SULLIVAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt01949718
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt118234
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0GENERAL CHARITABLE PURPOSES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1GENERAL PURPOSES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0SEE ATTACHED LIST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1Community Heath & Wellness
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0See Attached List
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0VARIOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1469 Migeon Ave
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0ALBANY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1Torrington
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1CT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd012212
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd106790
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NA
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt01967952
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt01756208
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01756208
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt07751
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0219495
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0211744
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt07751
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02018
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02017
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt01967952
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0211744
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0219495
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt07751
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0250000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt150000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt2300000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt3125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt4125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt50
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt60
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0NOTE 1 RECEIVABLE - BENEFUNDER
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1NOTE 2 RECEIVABLE - BENEFUNDER
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc2LOAN RCVBL BROOKLYN COVID RESP
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc3NOTE 1 RECEIVABLE - AIF MGMT
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc4NOTE 2 RECEIVABLE - AIF MGMT
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc5NOTE 3 RECEIVABLE - AIF MGMT
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc6NOTE 3 RECEIVABLE - BENEFUNDER
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0250000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt150000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt20
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt3125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt4125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt5100000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt6120000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0250000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt150000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt20
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt3125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt4125000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt5100000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt6120000
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0PORTFOLIO DEDUCTIONS FROM K-1S
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0442261
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0442261
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt125
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Ordinary Income/Loss from K-1s
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Other Income/Loss from K-1s
OtherIncomeSchedule2/OtherIncomeDetail/Desc2Interest Income from loans
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-2694
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt1375608
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt226896
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0-2694
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1375608
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt226896
OtherIncreasesSchedule/OtherIncreasesDetail/Amt01825
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0SYNDICATION COSTS FROM K-1
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt07950
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0PROFESSIONAL FEES
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAXES PAID
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0sean o'sullivan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05186405000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OSullivan Foundation Trust dtd 122299
ReturnHeader/Filer/BusinessNameControlTxt0OSUL
ReturnHeader/Filer/EIN0066487034
ReturnHeader/Filer/InCareOfNm0% C/O AYCO COMPANY - NTG
ReturnHeader/Filer/PhoneNum05186405000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 15201 c/o Ayco - NTG
ReturnHeader/Filer/USAddress/CityNm0Albany
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0122125201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Ayco Company LP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 15014
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Albany
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0122125014
ReturnHeader/PreparerPersonGrp/PhoneNum05186405000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Elizabeth VanTassel
ReturnHeader/ReturnTs02022-11-15T14:54:07-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0sean
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0osullivan
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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