DAVE MCGILLIVRAY FINISH STRONG FOUNDATION INC

EIN: 861064752 501(c)(3) Philanthropy & Grantmaking

NORTH ANDOVER, MA

Total Revenue
$437,543
Total Expenses
$320,628
Total Assets
$432,859
Net Assets
$429,859
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MA
Principal Officer
DAVID MCGILLIVRAY
Phone
6172126002
Tax Period
2024-01-01 to 2024-12-31

DAVE MCGILLIVRAY FINISH STRONG FOUNDATION INC, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $438K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $117K, a strong 27% operating margin.

Mission

THE FOUNDATION INSPIRES AND EMPOWERS YOUTH ACROSS NEW ENGLAND AND BEYOND TO INCREASE PHYSICAL ACTIVITY, EXPAND LITERACY AND BUILD COMMUNITY AND SELF- ESTEEM THOUGH RUNNING, READING, AND PERFORMING ACTS OF KINDNESS.

Program Service Accomplishments

Program 1
Expenses: $53,730

DURING 2024, THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION (DMFSF) MADE OVER 20 GRANTS TO DIFFERENT ORGANIZATIONS THAT ALIGN WITH THE MISSION OF THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION. DMFSF...

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DURING 2024, THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION (DMFSF) MADE OVER 20 GRANTS TO DIFFERENT ORGANIZATIONS THAT ALIGN WITH THE MISSION OF THE DAVE MCGILLIVRAY FINISH STRONG FOUNDATION. DMFSF CONTINUED THEIR CAMPAIGN TO ENDOW THE DAVE MCGILLIVRAY ATHLETIC SCHOLARSHIP AT MERRIMACK COLLEGE THAT WILL FINANCIALLY ASSIST STUDENTS WHOSE PASSION IS ATHLETICS AND, IN PARTICULAR, RUNNING,

Program 2
Expenses: $54,996 Revenue: $65,500

DURING 2022 DMFSF ROLLED OUT THE RUNNING IS A RIGHT PROGRAM, WHICH SEEKS TO PROVIDE YOUNG PEOPLE LIVING WITH LIMB LOSS THE ACCESS THEY NEED TO RECREATIONAL PROSTHETICS. DMFSF STRATEGIZES WITH...

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DURING 2022 DMFSF ROLLED OUT THE RUNNING IS A RIGHT PROGRAM, WHICH SEEKS TO PROVIDE YOUNG PEOPLE LIVING WITH LIMB LOSS THE ACCESS THEY NEED TO RECREATIONAL PROSTHETICS. DMFSF STRATEGIZES WITH SHRINERS HOSPITAL FOR CHILDREN TO PROVIDE SPECIAL EVENTS ACROSS THE COUNTRY., IN 2024, SPECIAL EVENTS WERE HELD IN SALT LAKE CITY, UTAH AND BOSTON, MASSACHUSETTS. THE EVENTS ALLOW PATIENTS TO BE FITTED WITH FREE RUNNING BLADES, TRAINED IN USING THEM TO RUN AND ENJOY THE SPORTS THEY LOVE, AND WILL BE GIVEN THE OPPORTUNINITY TO MEET AND ENGAGE WITH OTHER CHILDREN JUST LIKE THEM DURING 2024, 28 CHILD AMPUTEES WERE FITTED WITH RUNNING BLADES, EMPOWERING THEM TO MOVE MORE, AND UNLOCK A FUTURE THAT INCLUDES SPORTS, FITNESS AND ACTS OF KINDNESS.

Program 3
Expenses: $135,610 Revenue: $372,043

RUN MEDFORD WHICH PROMOTES THE THREE PILLARS OF THE FOUNDATION; EXERCISE, READING AND ACTS OF KINDNESS, OVER 700 RUNNERS TOOK PART IN EITHER, EXERCISE - A KID'S FUN RUN, PARA/ADAPTIVE MILE, CELEBRITY...

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RUN MEDFORD WHICH PROMOTES THE THREE PILLARS OF THE FOUNDATION; EXERCISE, READING AND ACTS OF KINDNESS, OVER 700 RUNNERS TOOK PART IN EITHER, EXERCISE - A KID'S FUN RUN, PARA/ADAPTIVE MILE, CELEBRITY MILE. 5 MILE RUN, 2 MILE WALK AND THE RUN FOR ALL AGES. THE FOUNDATION IS GIVING BACK TO THE COMMUNITY (ACTS OF KINDNESS) THAT HELPED RAISE THE FOUNDER/PRESIDENT BY GIVING NET PROCEEDS TO THE PTO AND TO PARKS AND RECREATION. RUNNERS RECEIVED COPIES OF ONE OF DAVE MCGILLIVRAY'S CHILDRENS BOOKS - DREAM BIG, FINISH STORNG OR RUNNING ACROSS AMERICA. THE ORGANIZATON ALSO HAD 50 RUNNERS RAISING 270,000 AND AWARENESS AT 5 MAJOR EVENT. OTHER ONGOING EVENT IS THE DREAM BIG MARATHON AND FUTURE EVENTS ARE THE FENWAY PARK MARATHON AND 776 - 7 MARATHONS, 7 DAYS IN 6 STATES. GET READY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $437,543
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $437,543

Expense Breakdown

Grants Paid $53,730
Salaries & Benefits $10,529
Fundraising Expenses $17,767
Program Expenses $244,336
Other Expenses $256,369
TOTAL EXPENSES $320,628

Year-over-Year Comparison

2024 2023 Change
Revenue $437,543 $365,606 +0.2%
Expenses $320,628 $281,585 +0.1%
Net Income $116,915 $84,021 +0.4%
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
4
Independent Members
4
Employees
1
Volunteers
60

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MCGILLIVRAY PRESIDENT/FO 25.00
Officer Director
$0 $0 $0
JOHN MANCUSO CLERK 5.00
Officer Director
$0 $0 $0
BARRY CHAIT TREASURER 7.50
Officer Director
$0 $0 $0
NANCY FEEHRER DIRECTOR 5.00
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 $437,543 $320,628 $432,859 $116,915
2023 $365,606 $303,085 $281,444 $62,521
2022 $311,426 $139,156 $245,765 $172,270
2021 $57,596 $33,290 $73,495 $24,306
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