STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION (EIN 020554654) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

MARY SCULLIN

Phone

7189871931

Tax Period

2023-01-01 to 2023-12-31

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION, founded in 2001, is a major nonprofit in the Education sector that reported $373.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100.8M, a strong 27% operating margin.

Mission

THE MISSION OF THE STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION IS TO HONOR THE SACRIFICE OF FDNY FIREFIGHTER STEPHEN SILLER, AND ALL THOSE WHO LAID DOWN THEIR LIVES TO SAVE OTHERS ON SEPTEMBER 11, 2001. WE ALSO HONOR OUR MILITARY, AND FIRST RESPONDERS WHO CONTINUE TO MAKE THE SUPREME SACRIFICE OF LIFE AND LIMB FOR OUR COUNTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $359,387,269

Program Service Revenue $7,240,248

Investment Income $5,135,730

Other Revenue $1,240,245

TOTAL REVENUE $373,003,492

Expense Breakdown

Grants Paid $137,609,717

Salaries & Benefits $20,975,332

Fundraising Expenses $19,646,142

Program Expenses $246,107,207

Other Expenses $113,619,007

TOTAL EXPENSES $272,204,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$373,003,492	$305,316,257	+0.2%
Expenses	$272,204,056	$286,769,672	-0.1%
Net Income	$100,799,436	$18,546,585	+4.4%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

283

Volunteers

4000

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK SILLER	PRESIDENT CH	50.00	Officer Director	$0	$0	$0
GEORGE SILLER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JANIS HANNAN	VICE CHAIR	5.00	Officer Director	$0	$0	$0
MARY SCULLIN	TREASURER AN	30.00	Officer Director	$0	$0	$0
REGINA VOGT	SECRETARY	5.00	Officer Director	$0	$0	$0
COMMISSIONER SALVATORE CASSANO	DIRECTOR	5.00	Director	$0	$0	$0
JOHN V LABARBERA	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$373,003,492	$272,204,056	$431,536,218	$100,799,436
2022	$305,316,257	$286,769,672	$270,290,174	$18,546,585
2021	$264,017,854	$147,553,557	$203,334,406	$116,464,297
2020	$113,682,181	$57,319,659	$79,339,700	$56,362,522
2019	$45,956,094	$34,643,508	$22,067,777	$11,312,586
2018	$23,900,635	$21,836,884	$10,196,290	$2,063,751

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION