Civic Intelligence

Sandy Hook Promise Foundation Inc

990 • Fiscal year 2014 • EIN 46-1657101

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 31, 2015

PO Box 3489Newtown, CT 06470

(203) 304-9780

Siviq Scores

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

Liabilities / Assets

38th percentile

0.05x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

90th percentile

$203,818

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

2nd percentile

-39%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-29%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$648,134

Down $407,495 (-39%) from 2013

Net Assets

Down

$618,203

Down $247,941 (-29%) from 2013

Liabilities

Down

$29,931

Down $159,554 (-84%) from 2013

Revenue

Down

$2,146,192

Down $868,999 (-29%) from 2013

Expenses

Up

$2,394,133

Up $226,018 (+10%) from 2013

Net Income

Down

-$247,941

Down $1,095,017 (-129%) from 2013

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2013: $1,055,629Liabilities 2013: $189,485Net Assets 2013: $866,1442013Assets 2014: $648,134Liabilities 2014: $29,931Net Assets 2014: $618,2032014Assets 2015: $579,924Liabilities 2015: $81,145Net Assets 2015: $498,7792015Assets 2016: $1,652,558Liabilities 2016: $472,771Net Assets 2016: $1,179,7872016Assets 2017: $2,995,896Liabilities 2017: $529,931Net Assets 2017: $2,465,9652017Assets 2018: $8,137,812Liabilities 2018: $709,743Net Assets 2018: $7,428,0692018Assets 2019: $6,847,291Liabilities 2019: $711,405Net Assets 2019: $6,135,8862019Assets 2020: $9,348,182Liabilities 2020: $1,201,493Net Assets 2020: $8,146,6892020Assets 2021: $11,456,643Liabilities 2021: $745,082Net Assets 2021: $10,711,5612021Assets 2022: $20,925,465Liabilities 2022: $1,356,782Net Assets 2022: $19,568,6832022Assets 2023: $32,738,470Liabilities 2023: $1,625,892Net Assets 2023: $31,112,5782023Assets 2024: $36,324,772Liabilities 2024: $1,877,436Net Assets 2024: $34,447,3362024Assets 2025: $36,377,659Liabilities 2025: $1,732,263Net Assets 2025: $34,645,3962025

Highlighted filing

2014

Assets$648,134
Liabilities$29,931
Net Assets$618,203

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2013: $3,015,191Expenses 2013: $2,168,115Net Income 2013: $847,0762013Revenue 2014: $2,146,192Expenses 2014: $2,394,133Net Income 2014: -$247,9412014Revenue 2015: $1,037,513Expenses 2015: $1,156,937Net Income 2015: -$119,4242015Revenue 2016: $3,904,961Expenses 2016: $3,223,952Net Income 2016: $681,0092016Revenue 2017: $5,834,962Expenses 2017: $4,549,900Net Income 2017: $1,285,0622017Revenue 2018: $13,623,104Expenses 2018: $8,703,441Net Income 2018: $4,919,6632018Revenue 2019: $10,894,046Expenses 2019: $12,186,229Net Income 2019: -$1,292,1832019Revenue 2020: $17,247,860Expenses 2020: $15,237,055Net Income 2020: $2,010,8052020Revenue 2021: $14,923,966Expenses 2021: $12,359,095Net Income 2021: $2,564,8712021Revenue 2022: $25,529,583Expenses 2022: $16,307,995Net Income 2022: $9,221,5882022Revenue 2023: $31,635,190Expenses 2023: $20,487,354Net Income 2023: $11,147,8362023Revenue 2024: $26,147,301Expenses 2024: $23,723,757Net Income 2024: $2,423,5442024Revenue 2025: $30,517,817Expenses 2025: $31,273,368Net Income 2025: -$755,5512025

Highlighted filing

2014

Revenue$2,146,192
Expenses$2,394,133
Net Income-$247,941
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 31, 2015
Return Version
2014v5.0
Gross Receipts
$2,762,157
Mission and Program Overview

Mission

Sandy hook promise foundation is a national non-profit organization founded and led by several family members who lost loved ones at sandy hook elementary school on december 14, 2012. Our mission is to prevent gun violence before it happens by teaching youth and adults how to "know the signs" of individuals who may be at-risk of hurting themselves or others and intervene to get them help. During the year ended june 30, 2017, dylan's wings of change became a fiscally-sponsored project of sandy hook promise. Total assets related to dylan's wings of change of approximately $213,000 were contributed into the foundation to be used solely for the this sponsored project. Dylan's wings is run as a standalone project, pays sandy hook promise a monthly administrative fee, and is governed by its own board of directors. Dylan's wings of change raises its own funding, pays its own expenses, and distributes its own grants.

Sandy hook promise foundation (shpf) is a national non-profit organization founded and led by several family members who lost loved ones at sandy hook elementary school on december 14, 2012. Our sole purpose is to protect children from gun violence by providing and implementing proven prevention programs in the areas of mental health, mental wellness and gun safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$601,774$525,677▼ $76,097
Land, Buildings, and Equipment, Net$53,638$43,104▼ $10,534
Inventories for Sale or Use$21,015$16,416▼ $4,599
Prepaid Expenses and Deferred Charges$9,449$12,552▲ $3,103
Investments in Publicly Traded Securities$312,997$2,380▼ $310,617
Investments Other Securities$677--
Total Assets$1,055,629$648,134▼ $407,495
Other Assets Total$56,079$48,005▼ $8,074
Liabilities
Accounts Payable and Accrued Expenses$189,485$29,931▼ $159,554
Total Liabilities$189,485$29,931▼ $159,554
Net Assets / Fund Balance
Unrestricted Net Assets$784,825$551,646▼ $233,179
Temporarily Rstr Net Assets$81,319$66,557▼ $14,762
Total Net Assets Fund Balance$866,144$618,203▼ $247,941
Total Liabilities and Net Assets / Fund Balance$1,055,629$648,134▼ $407,495

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,414$15,192-
Leasehold Improvements$5,690$3,492-
Other Assets Org$48,005--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim MakrisExecutive DirectorFT$180,000$23,818$203,818
Nicole HockleyCommunications DirectorFT$120,000-$120,000
James BeldenTreasurerFT$40,000-$40,000

Board Members and Trustees

NameTitle
Kristin LemkauChair
Rob CoxVice Chair & Secretary
Bill SherlachMember
David WheelerMember
Eran AshanyMember
Kathryn KimballMember
Lori BertmanMember
Paul LundquistMember
Tom BittmanMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Grassroots SolutionsGrassroots Building2828 UNIVERSITY AVE SUITE 150, Minneapolis, MN 55414$265,860
Anne Lewis LLCWebsite And Development1140 19TH STREET NW SUITE 300, Washington, DC 20001$221,684
RallyEducation And Awareness9171 WILSHIRE BLVD SUITE 400, Beverly Hills, CA 90210$186,454
Echo & CompanyStrategic Consultation And AdvertisingONE DAVIS SQUARE SUITE 302, Somerville, MA 02144$131,326
Bbdo New YorkEducation And Awareness1285 AVENUE OF AMERICAS, New York, NY 10019$124,485
Revenue and Support

Revenue Composition

Contributions and Grants
$2,070,327
Program Service Revenue
$0
Investment Income
$8,228
Other Revenue
$67,637
All Other Contributions
$2,070,327
Change in Net Assets
$-247,941

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$296,764Fair Market Value (FMV)
Total Noncash Contributions3$296,764-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,146,192
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$7,027
Total Revenue per Audited Statements
$2,153,219
Total Revenue per Form 990
$2,146,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,508,108
Salaries, Compensation, and Employee Benefits$674,673
Total Fundraising Expense$331,233
Professional Fundraising Fees$140,429
Grants and Similar Amounts Paid$70,923

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$257,025$30,360$57,615$345,000
Other Salaries and Wages$191,838$22,660$43,002$257,500
Travel$127,955$15,114$28,683$171,752
Fees for Services Professional Fundraising--$140,429$140,429
Advertising$109,017-$23,991$133,008
Grants to Domestic Individuals$70,923--$70,923
Payroll Taxes$31,790$3,755$7,126$42,671
Occupancy$26,698$3,154$5,985$35,837
Office Expenses$24,935$2,945$5,589$33,469
Other Employee Benefits$21,979$2,596$4,927$29,502
Information Technology$20,843$2,462$4,672$27,977
Other Expenses$14,352$1,695$3,217$19,264
Fees for Services Accounting-$15,253-$15,253
Depreciation Depletion$7,848$927$1,759$10,534
Fees for Services Legal-$6,747-$6,747
Total Functional Expenses$1,869,910$192,990$331,233$2,394,133

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,401,160
Expenses per Audited Statements$2,394,133
Total Expenses per Form 990$2,394,133
Expenses Not Reported on Form 990$7,027
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$140,429
Fundraising Gross Income$72,425
Fundraising Direct Expenses$7,027

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Charity Buzz$40,789$40,789$4,256$36,533
Mudfest$25,489$25,489$415$25,074
Total Events$72,425$72,425$7,027$65,398
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The board of directors shall be supplied with a full package containing the current audited financial statements, form 990 and auditors memo to review and approve prior to acceptance and publication. The treasurer will present the material and answer applicable questions during this process.

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

Conflict of interest policies are renewed annually by the board and signed by the board designated conflict of interest policy manager. Transactions are reviewed for potential issues.

Form 990, Part VI, Section B, Line 15

All compensation was reviewed and approved by the board of directors and based upon a review and analysis of: best practices, such as candidate salary histories, national and regional market data reports (the non-profit times salary and benefits report 2012, prm, quatt and tcs surveys), as well as pro-bono data acquisition and discussions with placement and search firms and other non-profits. Job descriptions and titles were developed and compared to comparable positions surveyed in the marketplace and organizations including other gun violence awareness, prevention and advocacy organizations.

Form 990, Part VI, Section C, Line 18

All control documents such as the conflict of interest statement and organizing resolutions were made available upon request to anyone interested through the offices of sandy hook promise foundation.

Form 990, Part VI, Section C, Line 19

All control documents such as the conflict of interest statement and organizing resolutions were made available upon request to anyone interested through the offices of sandy hook promise foundation.

Filing and Contact Details

Filer

Filer Name
Sandy Hook Promise Foundation Inc
EIN
46-1657101
Phone
2033049780
Address
PO BOX 3489, NEWTOWN, CT 06470

Signing Officer

Name
Tim Makris
Title
Executive Director
Phone
2033049780
Signed
2015-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Makris
Formed
2012
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
40

Preparer

Firm
BLUM SHAPIRO & COMPANY PC CPA'S
Address
2 ENTERPRISE DRIVE, SHELTON, CT 06484-4640
Preparer
John Zinno
Phone
2039442100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has a board of directors that assumes responsibility for the oversight of the audit and selection of an independent auditor. This process has not changed during the current year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events expense netted against revenues on 990

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising events expense netted against revenues on 990

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IRS990/ActivityOrMissionDesc0SANDY HOOK PROMISE FOUNDATION (SHPF) IS A NATIONAL NON-PROFIT ORGANIZATION FOUNDED AND LED BY SEVERAL FAMILY MEMBERS WHO LOST LOVED ONES AT SANDY HOOK ELEMENTARY SCHOOL ON DECEMBER 14, 2012. OUR SOLE PURPOSE IS TO PROTECT CHILDREN FROM GUN VIOLENCE BY PROVIDING AND IMPLEMENTING PROVEN PREVENTION PROGRAMS IN THE AREAS OF MENTAL HEALTH, MENTAL WELLNESS AND GUN SAFETY.
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IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES BELDEN
IRS990/Form990PartVIISectionAGrp/PersonNm11NICOLE HOCKLEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR & SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11COMMUNICATIONS DIRECTOR
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IRS990/MissionDesc0SANDY HOOK PROMISE FOUNDATION (SHPF) IS A NATIONAL NON-PROFIT ORGANIZATION FOUNDED AND LED BY SEVERAL FAMILY MEMBERS WHO LOST LOVED ONES AT SANDY HOOK ELEMENTARY SCHOOL ON DECEMBER 14, 2012. OUR SOLE PURPOSE IS TO PROTECT CHILDREN FROM GUN VIOLENCE BY PROVIDING AND IMPLEMENTING PROVEN PREVENTION PROGRAMS IN THE AREAS OF MENTAL HEALTH, MENTAL WELLNESS AND GUN SAFETY.
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21695
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IRS990/PrincipalOfficerNm0TIMOTHY MAKRIS
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IRS990/ProgSrvcAccomActy2Grp/Desc0CREATE CHANGE AND BECOME A "PROMISE LEADER" - THIS INITIATIVE BUILDS A NATIONAL GRASSROOTS NETWORK OF VOLUNTEERS (KNOWN AS "PROMISE LEADERS") WHO HAVE BEEN TRAINED AND EMPOWERED WITH THE SKILLS, TOOLS AND MATERIALS TO RAISE AWARENESS, EDUCATE AND IMPLEMENT GUN VIOLENCE PREVENTION PROGRAMS IN THEIR COMMUNITY. SHPF FIELD ORGANIZERS AND PROGRAM INSTRUCTORS SUPPORT PROMISE LEADERS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0IMPLEMENT "PREVENTION PROGRAMS AND PRACTICES" - THIS INITIATIVE SUPPORTS THE AWARENESS-BUILDING, DEVELOPMENT, DELIVERY AND MEASUREMENT OF OUR GUN VIOLENCE PROGRAMS AND PRACTICES IN HOMES AND COMMUNITY-BASED ORGANIZATIONS. SHPF PERSONNEL COORDINATES AND DELIVERS ALL PROGRAM TRAINING SESSIONS, FREE OF CHARGE, VIA IN-PERSON INSTRUCTION AND OUR DIGITAL PLATFORM.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICE EXPENSES TOTALING $207,657 CONSISTS OF TWO SHPF PROGRAMS,NEWTOWN COMMUNITY FUND AND ADVOCACY. EXPENSE BREAKOUT AND DESCRIPTIONS ARE AS FOLLOWS: 1. NEWTOWN COMMUNITY FUND - EXPENSES: $109,039 SHP HAS A RESTRICTED COMMUNITY FUND DEDICATED TO HELPING OUR COMMUNITY THROUGH THIS TRAGEDY. WE HAVE DONE THIS BY: A. PROVIDING IMMEDIATE AND LONG-TERM NEEDS BASED UPON FINANCIAL, IN-KIND AND OTHER ASSISTANCE TO INDIVIDUALS AND FAMILIES IN OUR COMMUNITY. B. PROVIDING RESOURCES AND PROGRAMS THAT FOSTER CONNECTION, RESILIENCY AND OVERALL WELLNESS.2. ADVOCACY - EXPENSES: $98,618 TO ADVOCATE FOR STATE AND FEDERAL POLICY CHANGES IN THE AREAS OF MENTAL WELLNESS AND GUN SAFETY. TO HELP US RAISE AWARENESS, EDUCATE, AND ENGAGE INDIVIDUALS AND COMMUNITIES ON CAUSES OF AND SOLUTIONS TO PREVENTING GUN VIOLENCE.
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