WILLIAM J SACCO FOUNDATION INC

EIN: 454492319 501(c)(3) Education

FOREST HILL, MD

Total Revenue
$17,531
Total Expenses
$26,598
Total Assets
$29,230
Net Assets
$27,264
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MD
Principal Officer
JOHN F KUTCHER
Phone
8778295500
Tax Period
2023-01-01 to 2023-12-31

WILLIAM J SACCO FOUNDATION INC, founded in 2012, is a micro nonprofit in the Education sector that reported $18K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $27K exceeded revenue, resulting in a 52% operating deficit.

Mission

THE MISSION OF THE WILLIAM J. SACCO CRITICAL THINKING FOUNDATION IS TO CARRY ON THE LIFES WORK OF DR. WILLIAM J. SACCO. THIS INVOLVES ENSURING THAT THE PUBLIC HAS A COMPREHENSIVE REFERENCE TO DR. SACCOS BODY OF WORK INCLUDING REFERENCES TO THE MANY PAPERS, BOOKS, COURSES, PRODUCTS, ORGANIZATIONS, AND COMPANIES DEVELOPED OR SUPPORTED BY DR. SACCO. THEN, WORKING TO DEVELOP NEW MEDIUMS, AND ON-GOING METHODS TO EVANGELIZE THESE CONCEPTS TO YOUNG PERSONS WHO CAN MAKE AN IMPACT AS THEY EMBARK AND PROGRESS THROUGH THEIR CAREERS. DR. SACCO HAS BEEN INVALUABLE IN PROVIDING THESE TYPES OF OPPORTUNITIES TO MANY PROTEGES OVER THE YEARS, AND A KEY GOAL OF THIS FOUNDATION IS TO CARRY ON THIS UNIQUE AND INSPIRING PRACTICE OF SELFLESS MENTORING.

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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 $11,281
Program Service Revenue $6,250
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,805
Program Expenses $19,793
Other Expenses $26,598
TOTAL EXPENSES $26,598

Year-over-Year Comparison

2023 2022 Change
Revenue $17,531 $16,168 +0.1%
Expenses $26,598 $20,384 +0.3%
Net Income $-9,067 $-4,216 +1.2%
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
3
Independent Members
3
Employees
N/A
Volunteers
10

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD G DOVE JR SECRETARY/TR 2.00
Officer Director
$0 $0 $0
JOHN F KUTCHER PRESIDENT 2.00
Officer Director
$0 $0 $0
MARK STEGA MD VICE PRESIDE 2.00
Officer 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 $17,531 $26,598 $29,230 $-9,067
2022 $16,168 $20,384 $36,331 $-4,216
2021 $28,650 $21,087 $40,547 $7,563
2020 $21,359 $25,616 $33,977 $-4,257
2019 $28,638 $25,020 $46,971 $3,618
2018 $30,178 $26,137 $45,967 $4,041
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