SUMMER'S WAY FOUNDATION (EIN 990861949) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

STERLING D HAMMOND

Phone

3037484851

Tax Period

2024-01-01 to 2024-12-31

SUMMER'S WAY FOUNDATION, founded in 2024, is a small nonprofit in the Medical Research sector that reported $227K in total revenue in fiscal year 2024. The organization ran a surplus of $147K, a strong 65% operating margin.

Mission

TO FIND A CURE FOR EVERY PATIENT DIAGNOSED WITH RHABDOMYOSARCOMA AND ULTIMATELY OTHER RARE CHILDHOOD CANCERS, PROMOTE EARLY DETECTION, AND BE A SOURCE OF SUPPORT FOR PATIENTS AND FAMILIES IMPACTED BY CHILDHOOD CANCER.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $238,290

Program Service Revenue $0

Investment Income $0

Other Revenue $-11,055

TOTAL REVENUE $227,235

Expense Breakdown

Grants Paid $66,016

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,059

Other Expenses $14,440

TOTAL EXPENSES $80,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$227,235	N/A	N/A
Expenses	$80,456	N/A	N/A
Net Income	$146,779	N/A	N/A

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON L HAMMOND MD	PRESIDENT	50.00	Officer Director	$0	$0	$0
STERLING D HAMMOND	SECRETARY/TR	25.00	Officer Director	$0	$0	$0
JENNIFER CLARK MD	BOARD MEMBER	3.00	Director	$0	$0	$0
JAMES SOLDANO MD	BOARD MEMBER	3.00	Director	$0	$0	$0
JASON CLARK	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNY PURCELL	BOARD MEMBER	5.00	Director	$0	$0	$0
MARISA HOLMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
ERICA BERGE	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIEL O'NEILL	BOARD MEMBER	1.00	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	$227,235	$80,456	$572,894	$146,779

SUMMER'S WAY FOUNDATION