Civic Intelligence

The Suusi Foundation Inc

EIN 81-3783135 • 501(c)3 • Largo, FL

Profile

Charitable and educational Supports the charitable and educational purposes of Southeast Unitarian Universalist Summer Institute, Inc. (SUUSI).

11543 115th StLargo, FL 33778

thesuusifoundation.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 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

8th percentile

-130%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

41st percentile

-9.0%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

71%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$218,872

Down $21,719 (-9.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$218,871

Down $21,720 (-9.0%) from 2023

Revenue

Up

$24,684

Up $10,277 (+71%) from 2023

Expenses

Up

$56,675

Up $45,041 (+387%) from 2023

Net Income

Down

-$31,991

Down $34,764 (-1254%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $195,565Liabilities 2016: $0Net Assets 2016: $195,5652016Assets 2017: $216,067Liabilities 2017: $0Net Assets 2017: $216,0672017Assets 2018: $250,919Liabilities 2018: $0Net Assets 2018: $250,9192018Assets 2019: $272,698Liabilities 2019: $0Net Assets 2019: $272,6982019Assets 2020: $274,302Liabilities 2020: $0Net Assets 2020: $274,3022020Assets 2021: $294,421Liabilities 2021: $0Net Assets 2021: $294,4212021Assets 2022: $217,634Liabilities 2022: $0Net Assets 2022: $217,6342022Assets 2023: $240,591Liabilities 2023: $0Net Assets 2023: $240,5912023Assets 2024: $218,872Liabilities 2024: $0Net Assets 2024: $218,8712024

Highlighted filing

2024

Assets$218,872
Liabilities$0
Net Assets$218,871

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $200,034Expenses 2016: $4,469Net Income 2016: $195,5652016Revenue 2017: $34,051Expenses 2017: $13,549Net Income 2017: $20,5022017Revenue 2018: $53,405Expenses 2018: $18,553Net Income 2018: $34,8522018Revenue 2019: $35,799Expenses 2019: $14,020Net Income 2019: $21,7792019Revenue 2020: $1,603Expenses 2020: $0Net Income 2020: $1,6032020Revenue 2021: $10,143Expenses 2021: $2,959Net Income 2021: $7,1842021Revenue 2022: -$3,509Expenses 2022: $61,538Net Income 2022: -$65,0472022Revenue 2023: $14,407Expenses 2023: $11,634Net Income 2023: $2,7732023Revenue 2024: $24,684Expenses 2024: $56,675Net Income 2024: -$31,9912024

Highlighted filing

2024

Revenue$24,684
Expenses$56,675
Net Income-$31,991

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$85,590
Mission and Program Overview

Mission

Charitable and educational Supports the charitable and educational purposes of Southeast Unitarian Universalist Summer Institute, Inc. ("SUUSI").

Charitable and educational. The SUUSI Foundation mission is to support the charitable and educational pursuits of the Southeast Unitarian Universalist Summer Institute also known as SUUSI. The SUUSI Foundation ensures the long-range fiscal health of SUUSI. The SUUSI Foundation is charged with managing and growing the SUUSI Endowment Fund funding SUUSIs scholarship program called SUUSIships and providing operating and special-purpose grants to SUUSI.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$178,092$169,978▼ $8,114
Savings and Temporary Cash Investments$62,499$48,844▼ $13,655
Pledges and Grants Receivable$0$50▲ $50
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$240,591$218,872▼ $21,719
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$158,529$168,249▲ $9,720
Net Assets Without Donor Restrictions$82,062$50,622▼ $31,440
Total Net Assets Fund Balance$240,591$218,871▼ $21,720
Total Liabilities and Net Assets / Fund Balance$240,591$218,871▼ $21,720

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$124,262$1,075▲ $17,288$0$141,328
2023$104,572$3,707▲ $17,080$0$124,262
2022$110,102$8,364▼ $12,859$0$104,572
2021$57,281$40,111▲ $12,778$0$110,102
2020$56,449$832→ $0$0$57,281
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicole TearnoPresident
Andrew DiamondDirector
Mia LazarDirector
Stacie VecchiettiDirector
Stephen ShanahanDirector
Misty LewisSecretary
Joyce MunroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,859
Program Service Revenue
$0
Investment Income
$14,825
Other Revenue
$0
All Other Contributions
$9,859
Change in Net Assets
$-31,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$52,130
Other Expenses$4,545
Total Fundraising Expense$54
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$36,000--$36,000
Grants to Domestic Individuals$16,130--$16,130
Fees for Service Investment Mgmnt Fees$0$2,232$0$2,232
Fees for Services Accounting$0$1,386$0$1,386
Insurance$0$705$0$705
Information Technology$0$168$0$168
Office Expenses$0$0$54$54
Total Functional Expenses$52,130$4,491$54$56,675
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SuusiSeminole, FL501(c)(3)Grant to support 2024 SUUSI operations.$30,000
SuusiSeminole, FL501(c)(3)To award a Leadership Academy Grant to SUUSI to develop leadership from among the summer institute participants.$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 7A

| Class of the Person:, Nature of their rights:| Electing members of the governing board., The SUUSI Foundation is a Type II Supporting Organization. The Organization's Board of Directors is appointed by the Southeast Unitarian Universalist Summer Institute (SUUSI) Board of Directors. The SUUSI Board appoints four members of the SUUSI Board to the SUUSI Foundation Board of Directors. The SUUSI Board also appoints two at-large members to the SUUSI Foundation who are not on the SUUSI Board.|

Part VI, Section B, Line 11B

No review was or will be conducted

Part VI, Section B, Line 12C

Annual statements are signed by the directors and officers acknowledging compliance and undersntaing of the conflict of interest policy. The Organization conducts periodic reviews to ensure the policy is followed properly. In addition before each vote of the Board or any of its committees members are expected to consider conflicts of interest and assess the need to recuse.

Part VI, Section C, Line 19

No documents available to the public

Part VI,line 11B

| Explanation:| The Form 990 is prepared by the Treasurer of The SUUSI Foundation Inc. and shared with the Board members before filing. The President of The SUUSI Foundation Inc. Board reviews and signs the return.

Part VI,line 12C

| Explanation:| Annual statements are signed by directors and officers acknowledging compliance and understanding of the policy. The Organization conducts periodic reviews to ensure the policy is followed appropriately.

Part VI,line 19

| Explanation:| All Organization bylaws policies and financial statements are available upon request to the Organization at its address of record.

Filing and Contact Details

Filer

Filer Name
The SUUSI Foundation
EIN
81-3783135
Address
11543 115th St, Largo, FL 33778

Signing Officer

Name
Joyce Munro
Title
Treasurer
Phone
9197448994
Signed
2025-11-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Nicole Tearno
Formed
2016
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
2
Employees
0
Volunteers
5
Supplemental Narrative

Additional Explanations

Part XI, Line 9

| Description:, Explanation:, Amount:| A $50 pledge receivable, This is a pledge made in 2024 but not received by the Foundation before the fiscal year end., $50|

Financial Statement Notes

Part V, line 4

To provide scholarships to individuals to attend the Southeast Unitarian Universalist Summer Institute SUUSI to promote the affordability of SUUSI to all attendees and to ensure the ability of SUUSI to continue to operate during periods of fiscal stress.

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IRS990/PrincipalOfficerNm0Nicole Tearno
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IRS990/ProgSrvcAccomActy2Grp/Desc0Awards SUUSIships to individuals to attend the annual Southeast Unitarian Summer Institute.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Five 5 of the eleven 11 members of the Southeast Unitarian Universalist Summer Institute SUUSI Board of Directors supported organization are appointed by the SUUSI Board to serve on the seven-member SUUSI Foundation Board. The SUUSI Foundations bylaws require there be a minimum of five 5 members of the SUUSI Foundation Board four 4 of which must also be SUUSI Board members to constitute a quorum. This ensures a majority representation of SUUSI Board members for any vote of the SUUSI Foundation Board.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section C
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt036000
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