Help Mito Kids INC EIN 26-4642005 Form 990 (PDF) Claim this org

Help Mito Kids INC

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Spreading awareness and helping families affected by mitochondrial disease. For fiscal year 2024 it reported $26K in revenue, $155K in expenses, and $545K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
El Dorado Hls, CA
Website
helpmitokids.org
Filings
5 on file (2020–2024)
Revenue
$26KFY2024
Expenses
$155K
Net assets
$545K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-4642005 Public charity (501(c)(3)) El Dorado Hls, CA
Form 990 (PDF)
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Size
<$100K
What they do
Spreading awareness and helping families affected by mitochondrial disease.
Leadership
Michael Pomares · President
Money in and out
$26K revenue, $155K expenses
Bottom line
96% program efficiency
Where the money goes · FY2024
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$545K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$129K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Program efficiency
96%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
42.2mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
-501%
revenue over expenses, this year▼ -45% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$26K
FY2024▼ -11%
Expenses
$155K
FY2024▲ +20%
Total assets
$545K
FY2024▼ -19%
Total liabilities
$0
FY2024
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$545K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$129K
Total assetsPt X · Ln 16$545K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHelp Mito Kids INC
EINHdr · item D26-4642005
Principal addressHdr · item CEl Dorado Hls, CA
WebsiteHdr · item Jhelpmitokids.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G12)
Ruling yearIRS BMFJun 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Reimbursement Officer
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Pomares’s $4K as President is at the 10th percentile of top reported officer pay among 152 <$100K 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 · 2 named individuals · Part VII

NameFY2021FY2020
Michael Pomares$3,600$3,600
Carol Pomares$3,600$3,600

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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Mission & Programs · Part III

Where the work happens

2 program services account for $149K of program spending, described in the organization's own filed words · FY2024.
01

Provide support to families who have been burdened with medical hardship of mitochondrial disease by providing medical expense reimbursements.

$94Kprogram expense
02

Support research of mitochondrial disease through donations to children's hospitals.

$55Kprogram expense

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Statement of Revenue

Part VIII
Investment income$25K · 98%
Contributions & grants$471 · 2%
Investment income98%$25K
Contributions & grants2%$471
Total revenueLn 12$26K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$149K
Management & general4%$6K
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$526K
Total assetsLn 16$545K
Total liabilitiesLn 26$0
Total net assetsLn 32$545K
Months of cash on handcomputed40.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $545K · Operating expenses/yr $155K
42.2 months
Where the money goes
Program services
Program services $149K · Total expenses $155K
96%
Management & General
Management & general $6K · Total expenses $155K
4%
Fundraising
Fundraising $0 · Total expenses $155K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $471 · Total revenue $26K
2%
Government reliance
Government grants — · Total revenue $26K
Earned-income share
Program service revenue $0 · Total revenue $26K
0%
Investment reliance
Investment income $25K · Total revenue $26K
+98%
Program self-sufficiency
Program service revenue $0 · Total expenses $155K
0%
Growth & trend
Revenue growth (YoY)
This year $26K · Prior year $29K
-11%
Revenue CAGR
FY2020 $137K · FY2024 $26K
-34%
Net-asset trend (YoY)
End of year $545K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $26K · Expenses $155K
-501%
Liabilities-to-Assets
Total liabilities — · Total assets $545K
Net-asset ratio
Net assets $545K · Total assets $545K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $19K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $545K
3%
People & payroll
Highest Reported Total Compensation
Individual Michael Pomares · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $155K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $155K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth -11%
Investment management fee ratio 0.03%
Accounting fee ratio 2%

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 · FY2023
Total grants receivedfrom 1 funder$148
Grants paid · 12 grants · $488K · 2020–2024
Unitemized GrantFY2024$94,432
The Childrens HospitalOH · FY2024$30,000
Unitemized GrantFY2023$85,855
Unitemized GrantFY2022$91,105
Unitemized GrantFY2021$43,647
Unitemized GrantFY2020$35,838

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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)$26K revenue · viewing · ⤓ 990 PDF
FY2023$29K revenue · ⤓ 990 PDF
FY2022$2K revenue · ⤓ 990 PDF
FY2021$14K revenue · ⤓ 990 PDF
FY2020$137K 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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