FOR KIDS' SAKE FOUNDATION INC

EIN: 043480734 501(c)(3) Recreation & Sports

NORTH ATTLEBORO, MA

Total Revenue
$798,883
Total Expenses
$285,005
Total Assets
$813,185
Net Assets
$805,847
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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
1999
Legal Domicile
MA
Principal Officer
GLEN JUSCZYK
Phone
5083768811
Tax Period
2023-01-01 to 2023-12-31

FOR KIDS' SAKE FOUNDATION INC, founded in 1999, is a small nonprofit in the Recreation & Sports sector that reported $799K in total revenue in fiscal year 2023. Revenue surged 186% from the prior year, signaling strong growth momentum. The organization ran a surplus of $514K, a strong 64% operating margin.

Mission

FOR KIDS' SAKE IS A NONPROFIT ORGANIZATION FOUNDED IN 1999. WE ARE DEDICATED TO PROVIDING SUPPORT FOR CHILDREN, AND THE FAMILIES OF CHILDREN, WITH LIFE THREATENING ILLNESS AND/OR INJURIES, SUPPORT TO ENTITIES, INSTITUTIONS AND/OR ORGANIZATIONS DEDICATED TO SUPPORT CHILDREN'S CHARITIES AND/OR CAUSES, AND SUPPORT OF OTHER CAUSES RELATED AND/OR INCIDENTAL THERETO. THE CORPORATION SHALL ALSO BE DEDICATED TO THE FORMULATION OF PROGRAMS WHICH PROMOTE POSITIVE PERSONAL GROWTH AND DEVELOPMENT WHILE ADVANCING ACADEMIC ACHIEVEMENT AND EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH ATHLETICS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $425,987
Program Service Revenue $0
Investment Income $0
Other Revenue $372,896
TOTAL REVENUE $798,883

Expense Breakdown

Grants Paid $170,383
Salaries & Benefits $0
Fundraising Expenses $98,421
Program Expenses $170,383
Other Expenses $114,622
TOTAL EXPENSES $285,005

Year-over-Year Comparison

2023 2022 Change
Revenue $798,883 $279,263 +1.9%
Expenses $285,005 $214,550 +0.3%
Net Income $513,878 $64,713 +6.9%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BELIVEAU DIRECTOR 1.00
Director
$0 $0 $0
KEVIN CASSIDY DIRECTOR 1.00
Director
$0 $0 $0
STU MACRURY DIRECTOR 1.00
Director
$0 $0 $0
RANDY SPENCER DIRECTOR 1.00
Director
$0 $0 $0
HEATHER TOWNSEND DIRECTOR 1.00
Director
$0 $0 $0
STEVEN KENNEY DIRECTOR 2.00
Director
$0 $0 $0
ANTONETTE CARPENTER CLERK 1.00
Officer
$0 $0 $0
GLEN JUSCZYK PRESIDENT 2.00
Officer
$0 $0 $0
MEGAN JUSCZYK TREASURER 10.00
Officer
$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 $798,883 $285,005 $813,185 $513,878
2022 $279,263 $214,550 $308,034 $64,713
2021 $321,126 $171,919 $249,144 $149,207
2020 $126,604 $166,571 $78,049 $-39,967
2019 $360,902 $398,410 $119,896 $-37,508
2019 $353,146 $392,534 $118,016 $-39,388
2018 $354,093 $253,908 $157,404 $100,185
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