Civic Intelligence

Gene and Mary Sarazen Foundation Inc

EIN 65-0584415 • 501(c)3 • Marco Island, FL

Profile

Gene Sarazen's philosophy was to "build a better way" of life where needs exist. To further the hopes and dreams of individuals and communities in need, Mr. Sarazen established The Gene and Mary Sarazen Foundation in 1995. Foundation support reaches out to a variety of local community needs ranging from health care to education, to families, to sports programs.

PO Box 977Marco Island, FL 34146

www.genesarazen.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

10th percentile

-90%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

35th percentile

-16%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

19th percentile

-48%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$53,127

Down $10,177 (-16%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$53,127

Down $10,177 (-16%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin10th percentile

Revenue

Down

$11,346

Down $10,464 (-48%) from 2024

Expenses

Down

$21,523

Down $1,825 (-7.8%) from 2024

Net Income

Down

-$10,177

Down $8,639 (-562%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$200K$150K$100K$50K$0Assets 2011: $173,815Liabilities 2011: $0Net Assets 2011: $173,8152011Assets 2012: $151,108Liabilities 2012: $0Net Assets 2012: $151,1082012Assets 2013: $170,679Liabilities 2013: $0Net Assets 2013: $170,6792013Assets 2014: $170,674Liabilities 2014: $0Net Assets 2014: $170,6742014Assets 2015: $130,275Liabilities 2015: $0Net Assets 2015: $130,2752015Assets 2016: $107,233Liabilities 2016: $0Net Assets 2016: $107,2332016Assets 2017: $101,864Liabilities 2017: $0Net Assets 2017: $101,8642017Assets 2018: $90,428Liabilities 2018: $0Net Assets 2018: $90,4282018Assets 2019: $89,340Liabilities 2019: $0Net Assets 2019: $89,3402019Assets 2020: $85,237Liabilities 2020: $0Net Assets 2020: $85,2372020Assets 2021: $86,782Liabilities 2021: $0Net Assets 2021: $86,7822021Assets 2022: $89,445Liabilities 2022: $0Net Assets 2022: $89,4452022Assets 2023: $64,842Liabilities 2023: $0Net Assets 2023: $64,8422023Assets 2024: $63,304Liabilities 2024: $0Net Assets 2024: $63,3042024Assets 2025: $53,127Liabilities 2025: $0Net Assets 2025: $53,1272025

Highlighted filing

2025

Assets$53,127
Liabilities$0
Net Assets$53,127
Open 2025 Filing

Operations Trend

Revenue Growth19th percentile

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

$100K$50K$0-$50KExpenses 2011: $15,7362011Expenses 2012: $24,1052012Expenses 2013: $20,4432013Revenue 2014: $16,747Expenses 2014: $16,752Net Income 2014: -$52014Revenue 2015: $14,029Expenses 2015: $54,428Net Income 2015: -$40,3992015Revenue 2016: $15,592Expenses 2016: $38,634Net Income 2016: -$23,0422016Revenue 2017: $14,087Expenses 2017: $19,455Net Income 2017: -$5,3682017Revenue 2018: $10,608Expenses 2018: $22,044Net Income 2018: -$11,4362018Revenue 2019: $14,888Expenses 2019: $15,976Net Income 2019: -$1,0882019Revenue 2020: $11,898Expenses 2020: $16,001Net Income 2020: -$4,1032020Revenue 2021: $11,468Expenses 2021: $9,923Net Income 2021: $1,5452021Revenue 2022: $13,900Expenses 2022: $11,237Net Income 2022: $2,6632022Revenue 2023: -$2,885Expenses 2023: $11,815Net Income 2023: -$14,7002023Revenue 2024: $21,810Expenses 2024: $23,348Net Income 2024: -$1,5382024Revenue 2025: $11,346Expenses 2025: $21,523Net Income 2025: -$10,1772025

Highlighted filing

2025

Revenue$11,346
Expenses$21,523
Net Income-$10,177
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,127
Liabilities
$0
Net assets
$53,127
Revenue
$11,346
Expenses
$21,523
Net income
-$10,177
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.11$0.22$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.22$0.23$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.03$0.12$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.14$0.11$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.11$0.10$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.12$0.16$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.15$0.16$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.11$0.22$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.14$0.19$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.16$0.39$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.14$0.54$0.40
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$0.17$0.17$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.00$1.71$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.00$1.51$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Dec 6, 2025
Return Version
2024v5.2
Gross Receipts
$74,804
Mission and Program Overview

Mission

Gene Sarazen's philosophy was to "build a better way" of life where needs exist. To further the hopes and dreams of individuals and communities in need, Mr. Sarazen established The Gene and Mary Sarazen Foundation in 1995. Foundation support reaches out to a variety of local community needs ranging from health care to education, to families, to sports programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$61,059$49,424▼ $11,635
Cash and Non-Interest-Bearing Accounts$1,245$3,703▲ $2,458
Pledges and Grants Receivable$1,000$0▼ $1,000
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$63,304$53,127▼ $10,177
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$63,304$53,127▼ $10,177
Total Net Assets Fund Balance$63,304$53,127▼ $10,177
Total Liabilities and Net Assets / Fund Balance$63,304$53,127▼ $10,177

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$3,696$3,696
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Mary Ann SarazenPresident
David StonierDirector
Gene Martin IlnickiDirector
John P CardilloDirector
Pamela E IlnickiDirector
Dawn LitchfieldSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$5,400
Program Service Revenue
$0
Investment Income
$5,946
Other Revenue
$0
Change in Net Assets
$-10,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,773
Grants and Similar Amounts Paid$5,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,750--$5,750
Fees for Services Accounting-$2,350-$2,350
Office Expenses-$912-$912
Fees for Service Investment Mgmnt Fees-$574-$574
All Other Expenses-$419-$419
Other Expenses-$355-$355
Interest-$307-$307
Total Functional Expenses$5,750$15,773$0$21,523
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Dawn LitchfieldDirectorInv. Advisory FeesNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Secretary/Treasurer Mrs. Dawn Litchfield Brown is an owner in Naples Money Management, LLC, the investment firm that oversees the Fidelity investment account for the Foundation.Director Gene Martin Ilnicki is the son of President Mary Ann Sarazen.Director Pamela E. Ilnicki is the daughter of President Mary Ann Sarazen.”

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

“The President of the Board reviews the Form 990 and signs Form 8879-EO before the return is submitted to the Internal Revenue Service.”

Form 990, Part VI, Section C, Line 19

“Governing documents, policies and financial statements are available to the public upon request. The Foundation mails copies as requested and also makes copies available in the office.”

Filing and Contact Details

Filer

Filer Name
Gene and Mary Sarazen Foundation Inc
EIN
65-0584415
Phone
2396427742
Address
PO Box 977, Marco Island, FL 34146

Signing Officer

Name
Mary Ann Sarazen
Title
President
Signed
2025-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Ann Sarazen
Formed
1995
Legal Domicile
De
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Rogers Wood Hill Starman & Gustason PA
Address
606 Bald Eagle Drive Suite 400, Marco Island, FL 34145
Preparer
Scot A Shepard CPA
Phone
2393947502
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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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IRS990/PrincipalOfficerNm0Mary Ann Sarazen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012700
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06600
IRS990/PYInvestmentIncomeAmt09110
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt016748
IRS990/PYRevenuesLessExpensesAmt0-1538
IRS990/PYTotalExpensesAmt023348
IRS990/PYTotalRevenueAmt021810
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10177
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061059
IRS990/SavingsAndTempCashInvstGrp/EOYAmt049424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt024867
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01031
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0819
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01222
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0660
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04396
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80140
IRS990ScheduleA/PublicSupportPY170Pct00.80100
IRS990ScheduleA/PublicSupportTotal170Amt023452
IRS990ScheduleA/SubstantialContributorsTotAmt01415
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02167
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt024867
IRS990ScheduleA/TotalSupportAmt029263
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03696
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03696
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Dawn Litchfield
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Inv. Advisory Fees
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Secretary/Treasurer Mrs. Dawn Litchfield Brown is an owner in Naples Money Management, LLC, the investment firm that oversees the Fidelity investment account for the Foundation.Director Gene Martin Ilnicki is the son of President Mary Ann Sarazen.Director Pamela E. Ilnicki is the daughter of President Mary Ann Sarazen.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President of the Board reviews the Form 990 and signs Form 8879-EO before the return is submitted to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies and financial statements are available to the public upon request. The Foundation mails copies as requested and also makes copies available in the office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt063304
IRS990/TotalAssetsEOYAmt053127
IRS990/TotalAssetsGrp/BOYAmt063304
IRS990/TotalAssetsGrp/EOYAmt053127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05400
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015773
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05750
IRS990/TotalFunctionalExpensesGrp/TotalAmt021523
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053127
IRS990/TotalProgramServiceExpensesAmt05750
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05946
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011346
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt063304
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt053127
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 977
IRS990/USAddress/CityNm0Marco Island
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0341460977
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.genesarazen.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mary Ann Sarazen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Gene and Mary Sarazen Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0650584415
ReturnHeader/Filer/PhoneNum02396427742
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 977
ReturnHeader/Filer/USAddress/CityNm0Marco Island
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034146
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591362099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rogers Wood Hill Starman & Gustason PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0606 Bald Eagle Drive Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Marco Island
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034145
ReturnHeader/PreparerPersonGrp/PhoneNum02393947502
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scot A Shepard CPA
ReturnHeader/ReturnTs02025-12-08T04:54:04-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-04-01
ReturnHeader/TaxPeriodEndDt02025-03-31
ReturnHeader/TaxYr02024

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