Charity Search / DECLAN DRUMM SULLIVAN MEMORIAL FUND
Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

DECLAN DRUMM SULLIVAN MEMORIAL FUND

EIN: 27-6886934 · LONG GROVE, IL 60047-5034 · United States · FY 2025 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Mission Statement

Since its founding in 1990, Horizons for Youth has been enabling children from low-resource areas of Chicago to become the first in their families to graduate from college. Through scholarships, a summer academic program, one-on-one mentoring, enrichment outings, tutoring, counseling, and high school and college preparation services, students gain access to the resources they need to graduate high school, continue on to college, and successfully enter the workforce.

Financial Overview — FY 2025
$692K
Total Revenue
$699K
Total Expenses
$844K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.9%
Fundraising Efficiency 0.0%
Operating Reserve 14.48x
Liability-to-Asset 5.6%
Revenue Diversification 143.6%
Executive Compensation $3K
Compared with Peers
FY 2025
Compared with 8,005 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.9% 90.0%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.1% 7.6%
P10P90
Top quarter
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% 5.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
14.5 mo 98.0 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
5.6% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
143.6% 90.3%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
35.7% 11.3%
P10P90
Expense growth
Year over year expense growth
27.2% 8.2%
P10P90
Surplus margin
Surplus as a share of revenue
-1.1% 4.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $692K $699K $844K 98.9% 1
2024 $510K $550K $798K 92.9% 1
2023 $671K $738K $785K 81.9% 1
2022 $781K $837K $881K 68.7% 1
2021 $477K $625K N/A 1
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Organization Details
EIN
27-6886934
State
IL
City
LONG GROVE
ZIP
60047-5034
Classification
T30
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2010
Foundation Code
15
Form 990
On File
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