PETER SHEEHAN DIABETES CARE FOUNDATION INC

EIN: 471955867 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$230,545
Total Expenses
$236,581
Total Assets
$400
Net Assets
$-312,083
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NY
Principal Officer
NADIEGE B SHEEHAN
Phone
2123328008
Tax Period
2018-01-01 to 2018-12-31

PETER SHEEHAN DIABETES CARE FOUNDATION INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $231K in total revenue in fiscal year 2018. Revenue surged 175% from the prior year, signaling strong growth momentum.

Mission

THE PETER SHEEHAN DIABETES CARE FOUNDATION HAS BEEN CREATED WITH THE GOAL OF REDUCING THE INCIDENCE OF TYPE 2 DIABETES, WHILE IMPROVING THE LIVES OF THOSE ALREADY AFFECTED WITH THIS DEVASTATING CHRONIC DISEASE. THE FOUNDATION WILL SUPPORT PROGRAMS TO DIAGNOSE PATIENTS, PROMOTE DATA ANALYTICS, AND INITIATE GENETIC RESEARCH OF TYPE 2 DIABETES COMPLICATIONS, THUS ENHANCING THE ROLE OF PREEMPTIVE MEDICINE IN STEMMING THE TIDE OF A COMPLEX AND DEADLY DISEASE THAT HAS BECOME EPIDEMIC.

Program Service Accomplishments

Program 1
Expenses: $208,153

THE WOUND HSI CONFERENCE UPDATED PRACTICING, RESEARCH, AND INDUSTRY SCIENTISTS ON THE TIMELIEST ADVANCES IN WOUND HEALING AND OFFERED A COMPENDIUM OF INFORMATION THAT BETTER ENABLES THE PROVIDER TO...

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THE WOUND HSI CONFERENCE UPDATED PRACTICING, RESEARCH, AND INDUSTRY SCIENTISTS ON THE TIMELIEST ADVANCES IN WOUND HEALING AND OFFERED A COMPENDIUM OF INFORMATION THAT BETTER ENABLES THE PROVIDER TO PRACTICE CLINICAL MEDICINE. THE WOUND HSI CONFERENCE ALLOWED CLINICIANS, ACADEMIC AND INDUSTRY SCIENTIST TO EXCHANGE IDEAS AND INNOVATIONS NOT READILY AVAILABLE IN OTHER VENUES AND WITHOUT ANY INTELLECTUAL RESTRICTIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $227,214
Program Service Revenue $0
Investment Income $0
Other Revenue $3,331
TOTAL REVENUE $230,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $22,062
Program Expenses $208,153
Other Expenses $214,519
TOTAL EXPENSES $236,581

Year-over-Year Comparison

2018 2017 Change
Revenue $230,545 $83,938 +1.7%
Expenses $236,581 $86,988 +1.7%
Net Income $-6,036 $-3,050 +1.0%
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
4
Independent Members
4
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NADIEGE B SHEEHAN TREASURER 30.00
Officer
$0 $0 $0
PATRICK SHEEHAN EXECUTIVE DI 30.00
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
2018 $230,545 $236,581 $400 $-6,036
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