SCOTTY FUND INC
Mission Statement
The mission of The SCOTTY Fund is to provide support to children, and the families of those children, who have life-threatening or critical illnesses. The execution of that mission is accomplished with two primary goals in mind. 1) To help erase the financial burden associated with a critical illness. Grant money is given to children for medical expenses, transportation, and other ancillary costs associated with the illness. 2) To provide family support including, but not limited to, nightly meals, child care, errand running, grocery shopping, and sometimes just a shoulder to lean on. This support cannot be measured in terms of dollars and cents, but is truly invaluable to The SCOTTY Fund families. This support is provided primarily to children and families in the greater Danbury, CT area, including Bethel, Danbury, Brookfield, Easton, Newtown, New Milford, New Fairfield, Redding, and Ridgefield. Since 1996, The SCOTTY Fund has provided in excess of $3.0 Million in aid.
Financial Overview — FY 2024
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
97.3% | 86.4% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.7% | 10.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 17.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
33.7 mo | 8.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
55.0% | 96.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-11.0% | 7.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
237.3% | 11.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-9.3% | 2.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Ease financial burden of a critical illness / Improved quality of life | 20 | $15,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $381K | $318K | N/A | — | 15 |
| 2023 | $307K | $336K | $943K | 97.3% | 0 |
| 2022 | $345K | $100K | $972K | 94.1% | 0 |
| 2021 | $258K | $244K | N/A | — | 0 |
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