THE SANSONE FOUNDATION INC (EIN 237082544) - 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

1976

Legal Domicile

Principal Officer

CARMINE GIBALDI

Phone

6315687209

Tax Period

2024-01-01 to 2024-12-31

THE SANSONE FOUNDATION INC, founded in 1976, is a micro nonprofit in the Mental Health sector that reported $18K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $121K exceeded revenue, resulting in a 590% operating deficit.

Mission

PRIVIDE ASSISTANCE TO FAMILIES AND VICTIMS OF SUDDEN TRAGEDIES AS WELL AS GRANT AWARDS, SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS ENROLLED OR TO BE ENROLLED IN ACCREDITED SCHOLASTIC INSTITUTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $17,565

Other Revenue $0

TOTAL REVENUE $17,565

Expense Breakdown

Grants Paid $102,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,000

Other Expenses $19,248

TOTAL EXPENSES $121,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,565	$979,471	-1.0%
Expenses	$121,248	$665,600	-0.8%
Net Income	$-103,683	$313,871	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMINE GIBALDI	PRESIDENT	6.00	Officer Director	$0	$0	$0
CELIA IERVASI	VICE-PRESIDENT	6.00	Officer Director	$0	$0	$0
AMY BOGIN	SECRETARY	6.00	Officer Director	$0	$0	$0
CARMELA SANSONE	DIRECTOR	6.00	Director	$0	$0	$0
ZACHARY W SANSONE	DIRECTOR	6.00	Director	$0	$0	$0
SALVATORE ASPROMONTE	DIRECTOR	6.00	Director	$0	$0	$0
LOUIS COSENTINO	DIRECTOR	6.00	Director	$0	$0	$0
ANTHONY ANNUCCI	DIRECTOR	6.00	Director	$0	$0	$0
GENE PAUL PACELLI	DIRECTOR	6.00	Director	$0	$0	$0
LINDA PULLARA	DIRECTOR	6.00	Director	$0	$0	$0
CATHERINE CARACCIOLO	DIRECTOR	6.00	Director	$0	$0	$0
THOMAS DEL MASTRO	DIRECTOR	6.00	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	$17,565	$121,248	$426,352	$-103,683
2023	$979,471	$665,600	$531,535	$313,871
2022	$10	$36,449	$264,414	$-36,439
2021	$121	$29,461	$303,103	$-29,340
2020	$72	$34,131	$330,193	$-34,059
2019	$2,187	$45,870	$365,752	$-43,683
2018	$141,269	$154,313	$357,499	$-13,044

THE SANSONE FOUNDATION INC