The Chip Miller Charitable Foundation EIN 20-0908480 Form 990 (PDF) Claim this org

The Chip Miller Charitable Foundation

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Funds medical research and treatment for amyloid disease, educating the public and doctors. For fiscal year 2024 it reported $183K in revenue, $163K in expenses, and $955K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Carlisle, PA
Website
www.chipmiller.org
Filings
5 on file (2020–2024)
Revenue
$183KFY2024
Expenses
$163K
Net assets
$955K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0908480 Public charity (501(c)(3)) Carlisle, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds medical research and treatment for amyloid disease, educating the public and doctors.
Leadership
Jodi Morrison · Board Member · $9K
Money in and out
$183K revenue, $163K expenses
Bottom line
77% program efficiency
Where the money goes · FY2024
Total revenue
$183K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$955K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.21 Fundraising $0.03
Program efficiency
77%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
76.6mo
months of highly liquid reserves at operating expense rate▲ +123% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -83% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$183K
FY2024▼ -65%
Expenses
$163K
FY2024▼ -15%
Total assets
$1.1M
FY2024▲ +19%
Total liabilities
$173K
FY2024▲ ×11
Total revenue
$183K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$955K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $125K of program spending, described in the organization's own filed words · FY2024.
01

To provide financial support for medical research and treatment of amyloid disease and related disorders, and to educate the medical community and the public about the symptoms of amyloidosis. Additionally supports other charitable organizations that the board deems appropriate.

$125Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Chip Miller Charitable Foundation
EINHdr · item D20-0908480
Principal addressHdr · item CCarlisle, PA
WebsiteHdr · item Jwww.chipmiller.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G43)
Ruling yearIRS BMFJul 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member
$8,714Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Asst Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jodi Morrison’s $9K as Board Member is at the 4th percentile of top reported officer pay among 900 $100K–1M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Jodi Morrison$8,714$8,120

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Other revenue$84K · 46%
Contributions & grants$79K · 43%
Investment income$20K · 11%
Other revenue46%$84K
Contributions & grants43%$79K
Investment income11%$20K
Total revenueLn 12$183K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.21 Fundraising $0.03
Program services77%$125K
Management & general21%$34K
Fundraising3%$4K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1$612K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$173K
Total net assetsLn 32$955K
Months of cash on handcomputed45.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $163K
76.6 months
Where the money goes
Program services
Program services $125K · Total expenses $163K
77%
Management & General
Management & general $34K · Total expenses $163K
21%
Fundraising
Fundraising $4K · Total expenses $163K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $90K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $79K · Total revenue $183K
43%
Government reliance
Government grants — · Total revenue $183K
Earned-income share
Program service revenue $0 · Total revenue $183K
0%
Investment reliance
Investment income $20K · Total revenue $183K
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $163K
0%
Growth & trend
Revenue growth (YoY)
This year $183K · Prior year $525K
-65%
Revenue CAGR
FY2020 $127K · FY2024 $183K
+10%
Net-asset trend (YoY)
End of year $955K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $183K · Expenses $163K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $955K · Total assets $1.1M
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $429K · Total assets (Pt X, ln 16) $1.1M
38%
People & payroll
Highest Reported Total Compensation
Individual Jodi Morrison · Reported title BOARD MEMBER · Highest reported compensation $9K · Total expenses $163K
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $163K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 21%
Fundraising cost ratio 5%
Revenue growth -65%
Accounting fee ratio 11%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$230K
Grants paid · 14 grants · $484K · 2021–2024
Mayo ClinicMN · FY2024$25,000
The Amyloidosis FoundationMI · FY2024$25,000
Clare House INCPA · FY2023$36,500
Mayo ClinicMN · FY2023$25,000
The Amyloidosis FoundationMI · FY2023$25,000
Mayo ClinicMN · FY2021$60,000
The Amyloidosis FoundationMI · FY2021$40,000
Clare House INCPA · FY2021$27,750

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$183K revenue · viewing · ⤓ 990 PDF
FY2023$525K revenue · ⤓ 990 PDF
FY2022$440K revenue · ⤓ 990 PDF
FY2021$254K revenue · ⤓ 990 PDF
FY2020$127K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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