FRIENDS OF SARNELLI HOUSE UA

EIN: 204519502 501(c)(3) International Affairs

Verona, WI

Total Revenue
$912,758
Total Expenses
$768,412
Total Assets
$5,546,414
Net Assets
$5,546,414
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
WI
Principal Officer
Kevin Shea
Phone
6084444125
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF SARNELLI HOUSE UA, founded in 2006, is a small nonprofit in the International Affairs sector that reported $913K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $144K, a strong 16% operating margin.

Mission

Raise funds for Sarnelli House Hospice & Orphanage The founders are friends, relatives and neighbors of Father Michael Shea, a Redemptorist priest who has been doing mission work for 50 years. This group wants to ensure that his work receives funding in the most cost effective manner. The members and trustees of this group receive no salary or fees of any kind whatsoever for their work. All funds collected will be distributed to support the charitable work of the Redemptorist Fathers specifically, Sarnelli House Orphanage.

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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 (2024)

Revenue Breakdown

Contributions & Grants $721,744
Program Service Revenue $0
Investment Income $191,014
Other Revenue $0
TOTAL REVENUE $912,758

Expense Breakdown

Grants Paid $719,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $719,600
Other Expenses $48,812
TOTAL EXPENSES $768,412

Year-over-Year Comparison

2024 2023 Change
Revenue $912,758 $800,708 +0.1%
Expenses $768,412 $503,883 +0.5%
Net Income $144,346 $296,825 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
5
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laurel Bowar Trustee 10
Director Key Emp
$0 $0 $0
Michael John Shea Trustee 1
Director
$0 $0 $0
Kevin G Shea Trustee Registered Agent 2
Director Key Emp
$0 $0 $0
Brigid M Shea Trustee 1
Director
$0 $0 $0
Caitrin E O-Shea Trustee 1
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 $912,758 $768,412 $5,546,414 $144,346
2023 $800,708 $503,883 $5,374,141 $296,825
2022 $770,395 $480,218 $5,520,432 $290,177
2021 $1,071,022 $573,447 $5,461,048 $497,575
2020 $757,079 $656,911 $4,961,296 $100,168
2019 $701,556 $480,526 $4,695,665 $221,030
2018 $639,995 $634,188 $4,209,676 $5,807
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