Ronan Thompson Foundation INC EIN 27-3409074

Ronan Thompson Foundation INC

EIN  27-3409074 Public charity (501(c)(3)) Phoenix, AZ
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Size
<$100K
What they do
Funds research and clinical trials to fight childhood cancer and improve survival rates.
Leadership
Woody Thompson · President
Money in and out
$58K revenue, $62K expenses
Bottom line
81% program efficiency

Funds research and clinical trials to fight childhood cancer and improve survival rates. For fiscal year 2024 it reported $58K in revenue, $62K in expenses, and $691K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$58K
Pt VIII · Ln 12
Total expenses
$62K
Pt IX · Ln 25
Net assets
$691K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19 Fundraising $0.00
Program efficiency
81%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
134.8mo
months of highly liquid reserves at operating expense rate▼ -42% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▲ +94% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$58K
FY2024▲ +238%
Expenses
$62K
FY2024▲ +73%
Total assets
$691K
FY2024▼ -1%
Total liabilities
$0
FY2024
Total revenue
$58K
Pt VIII · Ln 12
Total expenses
$62K
Pt IX · Ln 25
Net assets
$691K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$691K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $50K of program spending, described in the organization's own filed words · FY2024.
01

In collaboration with solving kids' cancer, ronan thompson foundation has committed funds to children's hospital of philadelphia and gustave roussy to fund a clinical trial for targeted therapies to treat neuroblastoma. We donated $50,000 in january 2024 to complete our multi-year commitment.

$50Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRonan Thompson Foundation INC
EINHdr · item D27-3409074
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jronanfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G19)
Ruling yearIRS BMFJun 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 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
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$40K · 69%
Contributions & grants$18K · 31%
Investment income69%$40K
Contributions & grants31%$18K
Total revenueLn 12$58K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19 Fundraising $0.00
Program services81%$50K
Management & general19%$11K
Fundraising$27
Total functional expensesLn 25$62K

Balance Sheet

Part X · end of year
CashLn 1$691K
Total assetsLn 16$691K
Total liabilitiesLn 26$0
Total net assetsLn 32$691K
Months of cash on handcomputed134.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $691K · Operating expenses/yr $62K
134.8 months
Where the money goes
Program services
Program services $50K · Total expenses $62K
81%
Management & General
Management & general $11K · Total expenses $62K
19%
Fundraising
Fundraising $27 · Total expenses $62K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $31 · Solicited contributions (3-yr avg) $20K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $18K · Total revenue $58K
31%
Government reliance
Government grants — · Total revenue $58K
Earned-income share
Program service revenue $0 · Total revenue $58K
0%
Investment reliance
Investment income $40K · Total revenue $58K
+69%
Program self-sufficiency
Program service revenue $0 · Total expenses $62K
0%
Growth & trend
Revenue growth (YoY)
This year $58K · Prior year $17K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $73K · FY2024 $58K
-6%
Net-asset trend (YoY)
End of year $691K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $58K · Expenses $62K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $691K
Net-asset ratio
Net assets $691K · Total assets $691K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $691K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Woody Thompson · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $62K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $62K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0%
Revenue growth 238%
Legal fee ratio 1%
Accounting fee ratio 6%

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 · FY2025
Total grants receivedfrom 1 funder$33K
Grants paid · 5 grants · $245K · 2020–2024
Solving Kids Cancer INCNY · FY2024$50,000
Solving Kids Cancer INCNY · FY2022$100,000
Solving Kids Cancer INCNY · FY2020$50,000
Miss FoundationFY2020$20,000

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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)$58K revenue · viewing · ⤓ 990 PDF
FY2023$17K revenue · ⤓ 990 PDF
FY2022$25K revenue · ⤓ 990 PDF
FY2021$26K revenue · ⤓ 990 PDF
FY2020$73K 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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