SEAN LOCKE 24 FOUNDATION

EIN: 833231148 501(c)(3) Youth Development

NEWARK, DE

Total Revenue
$1,097,147
Total Expenses
$503,464
Total Assets
$1,375,304
Net Assets
$1,375,304
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
CHRISTOPHER LOCKE
Phone
3023674359
Tax Period
2023-01-01 to 2023-12-31

SEAN LOCKE 24 FOUNDATION, founded in 2019, is a community nonprofit in the Youth Development sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $594K, a strong 54% operating margin.

Mission

TO EDUCATE THE PUBLIC ABOUT DEPRESSION, ANXIETY AND SUICIDE PREVENTION DUE TO DEPRESSION. TO ASSIST AND SUPPORT THOSE WITH DEPRESSION.

Program Service Accomplishments

Program 1
Expenses: $33,556

EDUCATION -TO EDUCATE THE PUBLIC ABOUT DEPRESSION, ANXIETY, AND SUICIDE PREVENTION. TO ASSIST YOUNG ADULTS AND THEIR PARENTS WHO ARE DEALING WITH MENTAL HEALTH ISSUES. TO SUPPORT THOSE YOUNG ADULTS...

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EDUCATION -TO EDUCATE THE PUBLIC ABOUT DEPRESSION, ANXIETY, AND SUICIDE PREVENTION. TO ASSIST YOUNG ADULTS AND THEIR PARENTS WHO ARE DEALING WITH MENTAL HEALTH ISSUES. TO SUPPORT THOSE YOUNG ADULTS WHO ARE SUFFERING WITH MENTAL HEALTH ISSUES. THE ORGANIZATION'S LEADERSHIP TEAM IS ACTIVE IN SHOWING SUPPORT OF MENTAL HEALTH RELATED CAUSES AND ORGANIZATIONS WHILE SPREADING OUR MISSION. WE HAVE BEEN ACTIVELY ENGAGED IN TEACHING YOUNG PEOPLE ABOUT OUR PEER PROGRAM. WE SPOKE TO OVER 25,000 PEOPLE IN 2023 ABOUT REMOVING THE STIGMA OF MENTAL HEALTH, EDUCATION ABOUT MENTAL HEALTH AND SUICIDE PREVENTION.

Program 2
Expenses: $409,650

SEAN'S HOUSE - CONTINUE TO OPERATE SEAN'S HOUSE, CREATED IN 2020, AS A SAFE HAVEN FOR YOUNG ADULTS 14-24 YEARS OF AGE TO OPENLY DISCUSS AND SEEK ASSISTANCE FOR THEIR MENTAL HEALTH ISSUES. IN 2023...

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SEAN'S HOUSE - CONTINUE TO OPERATE SEAN'S HOUSE, CREATED IN 2020, AS A SAFE HAVEN FOR YOUNG ADULTS 14-24 YEARS OF AGE TO OPENLY DISCUSS AND SEEK ASSISTANCE FOR THEIR MENTAL HEALTH ISSUES. IN 2023 OVER 7,500 PEOPLE COME INTO SEAN'S HOUSE AND WE SAVED 30 PEOPLE FROM SUICIDE CRISIS.WE ALSO IN 2023 OPENED SEANS ROOM AT A LOCAL HIGH SCHOOL WHICH HAD OVER 2500 PEOPLE COME INTO THE SPACE AND 40 PEOPLE MET WITH PEER 24 SPECIALIST AND WE SAVED 2 PEOPLE FROM SUICIDE. WE ASSISTED THE USAF OPEN A SEAN'S ROOM AT FORT MCGUIRE IN NEW JERSEY.PEER SUPPORT - WE OFFER A PEER 24 PROGRAM, SURVIVOR PROGRAM, AND WELLBEING PROGRAM. OUR SERVICES ARE ALL FREE OF CHARGE AND WE ARE OPEN 24/7. IN 2023, OVER 500 PEER24 SUPPORT SEASONS WERE HELD USING THE RESOURCES OFFERED AT SEAN'S HOUSE. WE ASSIST YOUNG ADULTS BY PAYING FOR MENTAL HEALTH SERVICES IN EXCESS OF $20,000 FOR 2023.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,226,793
Program Service Revenue $0
Investment Income $31,170
Other Revenue $-160,816
TOTAL REVENUE $1,097,147

Expense Breakdown

Grants Paid $22,251
Salaries & Benefits $280,550
Fundraising Expenses $0
Program Expenses $443,206
Other Expenses $200,663
TOTAL EXPENSES $503,464

Year-over-Year Comparison

2023 2022 Change
Revenue $1,097,147 $490,614 +1.2%
Expenses $503,464 $300,881 +0.7%
Net Income $593,683 $189,733 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
19
Employees
25
Volunteers
262

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
$42,500
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER LOCKE PRESIDENT 2.00
Officer Director
$0 $0 $0
KATHRY LOCKE-JONES SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JEFF LANG BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM HARMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TREVOR COONEY BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE HYDE BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS J HANNA BOARD MEMBER 1.00
Director
$0 $0 $0
BARNETT HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
CARL GIRIGIO BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE WHEAT BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH HORN BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE IGO BOARD MEMBER 1.00
Director
$0 $0 $0
CYNTHIA MCLAUGHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA GREY BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON SHORT BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN HEALY BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM BAYTHON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE WHETZEL BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA CUNNINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS FISH BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ZACHARY RYAN EXECUTIVE DIRECTOR 1.00
Officer
$42,500 $0 $42,500
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 $1,097,147 $503,464 $1,375,304 $593,683
2022 $490,614 $300,881 $781,621 $189,733
2021 $511,562 $281,665 $591,888 $229,897
2020 $294,643 $125,604 $361,991 $169,039
2019 $203,336 $10,387 $192,949 $192,949
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