THE SHEERAN MUSILLO FAMILY FOUNDAT… - Form 990 Financial Data

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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

MICHAEL MUSILLO

Phone

7327576453

Tax Period

2025-01-01 to 2025-12-31

THE SHEERAN MUSILLO FAMILY FOUNDATION INC, founded in 2024, is a small nonprofit in the Human Services sector that reported $259K in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year.

Mission

THE SHEERAN MUSILLO FAMILY FOUNDATION IS DEDICATED TO MAKING A POSITIVE IMPACT ON SOCIETY THROUGH INITIATIVES THAT SUPPORT UNDERSERVED COMMUNITIES AND INDIVIDUALS IN NEED, THE WELFARE OF ANIMALS, AND THE PROMOTION OF ARTISTIC AND CULTURAL DEVELOPMENT.

Program Service Accomplishments

Program 1

THE SHEERAN MUSILLO FAMILY FOUNDATION WAS FORMED IN 2024 FOR THE PURPOSE OF MAKING A POSITIVE IMPACT ON SOCIETY THROUGH INITIATIVES THAT SUPPORT UNDERSERVED COMMUNITIES AND INDIVIDUALS IN NEED, THE WELFARE OF ANIMALS, AND THE PROMOTION OF ARTISTIC AND CULTURAL DEVELOPMENT. THE NONPROFIT IS SECURING DONATIONS AND IS STARTING TO PLAN ACTIVITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $250,000

Program Service Revenue $0

Investment Income $9,409

Other Revenue $0

TOTAL REVENUE $259,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2025	2024	Change
Revenue	$259,409	$308,403	-0.2%
Expenses	N/A	$6,972	-1.0%
Net Income	N/A	$301,431	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
THOMAS SHEERAN	DIRECTOR	1.00	Director	$0	$0	$0
THERESA MUSILLO	PRESIDENT, DIRECTOR	1.00	Officer Director	$0	$0	$0
MICHAEL MUSILLO	VP, TREASURER, DIRECTOR	1.00	Officer 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
2025	$259,409	No data	$573,574	No data
2024	$308,403	$6,972	$298,429	$301,431

THE SHEERAN MUSILLO FAMILY FOUNDATION INC