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 AND SUICIDE PREVENTION DUE TO DEPRESSION. TO ASSIST AND SUPPORT THOSE WITH DEPRESSION.

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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 $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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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
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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