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New York BBB Wise Giving Report for
Marty Lyons Foundation

A BBB Accredited charity

 



Expiration Date:
01/2015
Name:
Marty Lyons Foundation
Address:
326 West 48th Street
New York, NY 10036
Phone:
212-977-9474
Year, State Incorporated:
1982, New York
Affiliates:
9 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 & the reality of death by providing them a moment of relief & 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:
Mary Ann Canapi, Executive Director
Compensation*:
$113,085
Chair of the Board:
Marty Lyons
Board Size:
23
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 35.6% of related contributions. (Related contributions, which totaled $850,157, 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 30, 2011.

Source of Funds  

Unrestricted contributions and grants

$300,507

Celebrity golf classic

278,504

Fund raising events

271,146

Interest and dividend income on investments

2,461

Realized and unrealized gain on investments

18

Total Income

$852,636

Program Expenses  

Specific assistance to individuals

$201,574

Payroll and payroll taxes

146,319

Employee fringe benefits

27,056

Supplies

21,194

Insurance

14,878

Telephone

9,775

Rent

9,000

Chapter and board meetings

3,514

Postage and delivery

3,150

Computer costs

3,047

Professional dues, registrations and licenses

2,983

Pension plan contribution

2,900

Payroll processing

2,478
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

447,868
302,864
27,196

$777,928

$74,708




Uses of Funds as a % of Total Expenses


Programs: 58%  Fund Raising: 39%  Administrative 4% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $501,294
Ending net assets 576,001
Total liabilities 21,277

Total assets

$597,278






 

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