Nonprofit · EIN 06-1281792
SARAH FOUNDATION INC
Tax-exempt · GUILFORD, CT 06437
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,553,421 | $783,012 | $770,409 | $5,649,260 | $51,145 | $5,598,115 |
| December 31, 2023 | 990 | $912,682 | $875,913 | $36,769 | $4,434,109 | $166,819 | $4,267,290 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $999,612
- Program service revenue
- $244,971
- Investment income
- $102,785
- Net income from sales of inventory
- $205,983
- Other revenue
- $206,053
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $290,073
- Salaries, compensation and benefits (total)
- $315,733
- Professional fundraising fees
- $0
- Occupancy
- $55,464
- Depreciation
- $110
- Program services (functional)
- $634,328
- Management and general (functional)
- $148,684
Balance sheet and other
- Total assets, start of year
- $4,434,109
- Total assets, end of year
- $5,649,260
- Total liabilities, end of year
- $51,145
- Net assets, end of year
- $5,598,115
- Land, buildings and equipment
- $3,861
- Publicly traded securities
- $4,143,098
- Net assets without donor restrictions
- $5,445,315
- Net assets with donor restrictions
- $152,800
- Gross receipts
- $1,553,421
- Employees
- 5
- Year formed
- 1992
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD REX CRETELLA | PRESIDENT Trustee or director, Officer | – | $0 |
| DENNIS COLE | VICE PRESIDE Trustee or director, Officer | – | $0 |
| CAROLYN WOLFF | SECRETARY Trustee or director, Officer | – | $0 |
| MEGAN MORIARTY | TREASURER Trustee or director, Officer | – | $0 |
| ERIN DUQUES | DIRECTOR Trustee or director | – | $0 |
| RYAN GAVIGAN | DIRECTOR Trustee or director | – | $0 |
| JENNIFER GOULD | DIRECTOR Trustee or director | – | $0 |
| CARRIE HEALY | DIRECTOR Trustee or director | – | $0 |
| JOE LIPUMA | DIRECTOR Trustee or director | – | $0 |
| CLAUDIA BUZZI | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD REX CRETELLA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DENNIS COLE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| CAROLYN WOLFF | SECRETARY Trustee or director, Officer | 1 | $0 |
| MEGAN MORIARTY | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIN DUQUES | DIRECTOR Trustee or director | 1 | $0 |
| RYAN GAVIGAN | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER GOULD | DIRECTOR Trustee or director | 1 | $0 |
| CARRIE HEALY | DIRECTOR Trustee or director | 1 | $0 |
| JOE LIPUMA | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA BUZZI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 246 GOOSE LANE, GUILFORD, CT 06437-2186
- Principal officer (990 for 2024)
- MEGAN MORIARTY, 37 THREE MILE COURSE, GUILFORD, CT 06437
- Signed the 990
- MEGAN MORIARTY, TREASURER
- Phone
- (203) 453-6531
- Website
- WWW.SARAHFOUNDATION.ORG
- Return prepared by
- OFFERDAHL EMERSON & COMPANY LLC
Mission
SARAH FOUNDATION, INC. IS RESPONSIBLE FOR RAISING FUNDS, MANAGING THE INVESTMENTS AND COORDINATING ALL DONATIONS IN ACCORDANCE WITH THE WISHES OF THE DONORS AND THE MISSION OF THE SARAH AGENCIES.
Program accomplishments
- SARAH FOUNDATION, INC. IS RESPONSIBLE FOR RAISING FUNDS, MANAGING THE INVESTMENTS AND COORDINATING ALL DONATIONS IN ACCORDANCE WITH THE WISHES OF THE DONORS AND THE MISSION OF THE SARAH AGENCIES.Expenses $634,328
- SARAH FOUNDATION, INC. RUNS SARAH CUPBOARD THRIFT SHOP WHICH SELLS DONATED ITEMS TO THE PUBLIC. ALL PROCEEDS ARE DISTRIBUTED TO THE RELATED SARAH AGENCIES.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1281792
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $5,649,260
- Income (IRS master file)
- $1,553,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,553,421 | $783,012 | $5,649,260 | XML |
| 990 | December 2023 | $912,682 | $875,913 | $4,434,109 | XML |
| 990 | December 2022 | $706,219 | $838,827 | $4,212,030 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1281792).
Questions about SARAH FOUNDATION INC
- What is the EIN of SARAH FOUNDATION INC?
- The employer identification number (EIN) of SARAH FOUNDATION INC is 06-1281792.
- Is SARAH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to SARAH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SARAH FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SARAH FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SARAH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SARAH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names MEGAN MORIARTY.
- Who are the officers and directors of SARAH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SARAH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,553,421, expenses of $783,012 and total assets of $5,649,260 at year end.
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