You are now searching

   

New York BBB Wise Giving Report for
Marty Lyons Foundation

A BBB Accredited charity

 



Expiration Date:
10/2016
Name:
The Marty Lyons Foundation
Address:
354 Veterans Memorial Highway
Suite 9
Commack, NY 11725
Phone:
631-543-9474
Year, State Incorporated:
1982, New York
Affiliates:
10 chapters
Stated Purpose:
" To fulfill special wishes of children chronologically aged 3 to 17 who have been diagnosed as having a terminal or life-threatening illness. "





Evaluation Conclusions
 

              
Marty Lyons Foundation (MLF) meets the 20 Standards for Charity Accountability.




Programs
 

              
"The Marty Lyons Foundation provides the first wish program as well as the second one to terminally ill children who have fallen out of remission and are now facing more battles with their illnesses and the reality of death by providing them a moment of relief and encouragement through trips to the magical fantasy world of Disney, luxurious cruises to the Caribbean, the thrill of swimming with the dolphins, fishing trips on the clear blue sea of Key West with their family members, and other better-life-supporting necessities."



Governance
 

              
Chief Executive Officer:
Ms. Sandra White, Executive Director
Compensation*:
$57,200
Chair of the Board:
Mr. Marty Lyons
Chair's Profession / Business Affiliation:
Chairman & Founder / The Marty Lyons Foundation
Board Size:
20
Paid Staff Size:
3



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Direct mail appeals, invitations to fund raising events, and grant proposals.
Fund raising costs were 34.1% of related contributions. (Related contributions, which totaled $920,108, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on MLF's Audited Financial Statements for the fiscal year ended December 31, 2013.

Source of Funds  

Celebrity Golf Classic

$384,844

Fund Raising Events

315,055

Unrestricted Contributions and Grants

220,209

Interest and Dividend Income on Investments

3,282

Unrealized Gain on Investments

858

Total Income

$924,248

Program Expenses  

Program Services

$637,604
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

637,604
313,345
33,167

$984,116

$(59,868)




Uses of Funds as a % of Total Expenses


Programs: 65%  Fund Raising: 32%  Administrative 3% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $572,691
Ending net assets 512,823
Total liabilities 14,853

Total assets

$527,676






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.