Civic Intelligence

St Patricks Day Foundation Nyc

EIN 46-1343945 • 501(c)3 • Larchmont, NY

Profile

To support and benefit the st. Patrick's day parade, inc., a new york not-for-profit corporation, and the activities and operations carried on or supported by the parade corporation to honor the irish heritage and culture of new york city.

PO Box 1058Larchmont, NY 10538

www.stpatricksdayfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

33rd percentile

-3.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

35th percentile

-1.9%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-62%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$615,269

Down $11,853 (-1.9%) from 2023

Liabilities

Up

$4,250

Up $1,250 (+42%) from 2023

Net Assets

Down

$611,019

Down $13,103 (-2.1%) from 2023

Revenue

Down

$377,357

Down $608,229 (-62%) from 2023

Expenses

Down

$390,460

Down $627,538 (-62%) from 2023

Net Income

Up

-$13,103

Up $19,309 (+60%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $78,798Liabilities 2013: $27,450Net Assets 2013: $51,3482013Assets 2014: $91,191Liabilities 2014: $17,000Net Assets 2014: $74,1912014Assets 2015: $217,074Liabilities 2015: $0Net Assets 2015: $217,0742015Assets 2016: $155,357Liabilities 2016: $0Net Assets 2016: $155,3572016Assets 2017: $421,185Liabilities 2017: $0Net Assets 2017: $421,1852017Assets 2018: $304,220Liabilities 2018: $9,250Net Assets 2018: $294,9702018Assets 2019: $317,392Liabilities 2019: $4,360Net Assets 2019: $313,0322019Assets 2020: $693,272Liabilities 2020: $0Net Assets 2020: $693,2722020Assets 2021: $536,214Liabilities 2021: $3,250Net Assets 2021: $532,9642021Assets 2022: $689,534Liabilities 2022: $33,000Net Assets 2022: $656,5342022Assets 2023: $627,122Liabilities 2023: $3,000Net Assets 2023: $624,1222023Assets 2024: $615,269Liabilities 2024: $4,250Net Assets 2024: $611,0192024

Highlighted filing

2024

Assets$615,269
Liabilities$4,250
Net Assets$611,019

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2013: $96,555Expenses 2013: $45,207Net Income 2013: $51,3482013Revenue 2014: $93,708Expenses 2014: $70,865Net Income 2014: $22,8432014Revenue 2015: $145,129Expenses 2015: $41,758Net Income 2015: $103,3712015Revenue 2016: $124,262Expenses 2016: $185,979Net Income 2016: -$61,7172016Revenue 2017: $291,907Expenses 2017: $26,079Net Income 2017: $265,8282017Revenue 2018: $91,272Expenses 2018: $150,216Net Income 2018: -$58,9442018Revenue 2019: $212,972Expenses 2019: $185,910Net Income 2019: $27,0622019Revenue 2020: $583,585Expenses 2020: $203,345Net Income 2020: $380,2402020Revenue 2021: $16,403Expenses 2021: $146,317Net Income 2021: -$129,9142021Revenue 2022: $405,678Expenses 2022: $272,108Net Income 2022: $133,5702022Revenue 2023: $985,586Expenses 2023: $1,017,998Net Income 2023: -$32,4122023Revenue 2024: $377,357Expenses 2024: $390,460Net Income 2024: -$13,1032024

Highlighted filing

2024

Revenue$377,357
Expenses$390,460
Net Income-$13,103

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$614,023
Mission and Program Overview

Mission

To support and benefit the st. Patrick's day parade, inc., a new york not-for-profit corporation, and the activities and operations carried on or supported by the parade corporation to honor the irish heritage and culture of new york city.

To support and benefit the st. Patrick's day parade, inc., a new york not-for-profit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$110,910$318,573▲ $207,663
Savings and Temporary Cash Investments$516,212$270,171▼ $246,041
Prepaid Expenses and Deferred Charges$0$21,000▲ $21,000
Land, Buildings, and Equipment, Net$0$5,525▲ $5,525
Total Assets$627,122$615,269▼ $11,853
Liabilities
Accounts Payable and Accrued Expenses$3,000$4,250▲ $1,250
Total Liabilities$3,000$4,250▲ $1,250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$624,122$611,019▼ $13,103
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$624,122$611,019▼ $13,103
Total Liabilities and Net Assets / Fund Balance$627,122$615,269▼ $11,853

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,525$975$6,500
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$428,821
Program Service Revenue
$0
Investment Income
$17,855
Other Revenue
$-69,319
All Other Contributions
$2,621
Change in Net Assets
$-13,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$125,310
Revenue Not Reported on Financial Statements
$252,047
Revenue Not Reported on Form 990
$752,933
Other Revenue Adjustments
$252,047
Total Revenue per Audited Statements
$878,243
Total Revenue per Form 990
$377,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$303,200
Other Expenses$87,260
Total Fundraising Expense$9,678
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$276,950--$276,950
Fees for Services Other$28,000$3,717-$31,717
Grants to Domestic Individuals$26,250--$26,250
Office Expenses$5,489$2,818$9,612$17,919
Fees for Services Accounting-$5,250-$5,250
Insurance$855$2,565-$3,420
Advertising$1,500--$1,500
Information Technology$1,068$200$66$1,334
Depreciation Depletion-$975-$975
Other Expenses$25$5-$30
Total Functional Expenses$365,252$15,530$9,678$390,460

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$803,239
Expenses Not Reported on Form 990$664,826
Total Expenses per Form 990$390,460
Expenses Not Reported on Financial Statements$252,047
Other Expense Adjustments$252,047
Expenses per Audited Statements$138,413
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ST PATRICK'S DAY PARADE INCBronx, NY501(c)(3)General Operating Support$250,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$236,666
Fundraising Gross Income$165,300
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$514,000$137,400$1,368$136,032
Golf Outing$77,500$27,900$500$27,400
Total Events$591,500$165,300$236,666$-71,366
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Gerry flynn and sean flynn have a family relationship.

Form 990, Part VI, Section A, Line 6

St. Patrick's day parade, inc., the parade corporation, is the sole member of the corporation. No other members may be admitted to the corporation, and the parade corporation will not cease to be a member of the corporation, except upon the written authorization of the parade corporation.

Form 990, Part VI, Section A, Line 7A

In accordance with the bylaws, the member of the corporation has the right to elect the at-large directors of the corporation at the annual meeting of the members. Each member is be entitled to one (1) vote on each matter submitted to a vote at any meeting of members, except as otherwise provided by statute, the certificate of incorporation, or the bylaws. A member may vote in person or by written proxy.

Form 990, Part VI, Section A, Line 7B

The bylaws may be amended or repealed, or new bylaws may be adopted, only by the member of the corporation.

Form 990, Part VI, Section B, Line 11B

St. Patrick's day foundation nyc has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

No director or officer of the organization will have any conflicting interest in any transaction to which the st. Patrick's day foundation, nyc is a party, and st. Patrick's day foundation, nyc does not approve any transaction in which any director or officer has a conflicting interest, unless the board (i) has been made aware of (a) the existence and nature of the conflicting interest and (b) all facts known to such conflicted director or officer respecting the subject matter of the transaction that an ordinarily prudent person would reasonably believe to be material to a judgment about whether or not to proceed with the transaction and (ii) has approved the transaction by a majority vote, excluding the vote of any director having a conflicting interest and of any director who has a familial, financial, professional or employment relationship with any director or officer who has a conflicting interest respecting the transaction. The minutes of the meeting reflect compliance with the foregoing provisions. Directors and officers avoid any conflicting interests between themselves, on the one hand, and st. Patrick's day foundation, nyc. On the other. Any situation that involves, or may reasonably be inferred to involve, a conflicting interests with respect st. Patrick's day foundation, nyc are promptly disclosed to the president and the board on an ad hoc basis as the situation arises. For purposes hereof, a "conflicting interest" with respect to a transaction to which st. Patrick's day foundation, nyc is a party means that a director or officer is a party to the transaction or has a beneficial financial interest in or closely linked to the transaction. All directors and officers, as well as any other staff person requested to do so by the president, have an obligation to disclose to the board of directors any transaction, potential transaction or circumstance in which such person has or could have a conflicting interest as defined above. In order to facilitate such disclosure, st. Patrick's day foundation, nyc distributes annually to all directors, officers and staff a questionnaire concerning conflicts of interest, and all directors, officers and staff promptly complete and return the same. In addition to completing the questionnaire, all directors and officers and staff have an affirmative duty to bring to the attention of the board of directors, any other transaction, potential transaction or circumstance in which the person believes he or she may have a conflicting interest or could reasonably be perceived by others to have a conflicting interest. The president designates members of the board or staff, as he determines, to review the facts and circumstances concerning any transaction, potential transaction or circumstance in which a director, officer or staff member has or could have a conflicting interest and to recommend to the president any appropriate action.

Form 990, Part VI, Section C, Line 19

The foundation makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request.

Filing and Contact Details

Filer

Filer Name
St Patricks Day Foundation Nyc
EIN
46-1343945
Phone
9144734000
Address
PO BOX 1058, LARCHMONT, NY 10538

Signing Officer

Name
Sean Lane
Title
Vice Chairman
Phone
9144734000
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Lane
Formed
2012
Legal Domicile
Ny
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
30

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
3001 SUMMER STREET 5TH FLOOR EAST, STAMFORD, CT 06905
Preparer
Melissa Modelson
Phone
2033232400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation recognizes the effects of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the foundation had no uncertain tax positions that would require financial statement recognition or disclosure. The foundation is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to june 30, 2021.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue attirbutable to consolidated entity 752,933.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Intercompany elimination 250,000. Credit card income reported on part viii 2,047.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses attributable to consolidated entity 664,826.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Intercompany elimination 250,000. Credit card income reported on part viii 2,047.

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IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES CAHILL
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH CASSIN
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK COMERFORD
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL DOWLING
IRS990/Form990PartVIISectionAGrp/PersonNm8KEVIN DWYER
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IRS990/Form990PartVIISectionAGrp/PersonNm10SEAN FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm11LIAM HARNEY
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRISTOPHER HYLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13SEAN KELLEHER
IRS990/Form990PartVIISectionAGrp/PersonNm14DR JOHN LAHEY
IRS990/Form990PartVIISectionAGrp/PersonNm15DAN MOLONEY
IRS990/Form990PartVIISectionAGrp/PersonNm16SEAN MCCOOEY
IRS990/Form990PartVIISectionAGrp/PersonNm17DR THOMAS MCGINN
IRS990/Form990PartVIISectionAGrp/PersonNm18PATRICK MCGOWAN
IRS990/Form990PartVIISectionAGrp/PersonNm19DR JOSEPH MULVEHILL MD
IRS990/Form990PartVIISectionAGrp/PersonNm20FRANCIS X O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm21WILLIAM O'CONNOR ESQ
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IRS990/Form990PartVIISectionAGrp/PersonNm25BERNARD E REIDY
IRS990/Form990PartVIISectionAGrp/PersonNm26TIM ROONEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm27MARIE UNANUE
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR THRU JUNE 2024
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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