Team Phenomenal Hope INC

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Team Phenomenal Hope was created to bring together a worldwide Team of individuals to build a community and improve the quality of life for those living with pulmonary hypertension. To succeed in our mission, Team Phenomenal Hope embodies the culture and spirit of endurance racing, and we work hard to unify patients, caregivers, athletes, and our donors.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$110K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $165K a year · 23% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$110K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
17 mo
of spending, in cash
Looks good: 17.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $105K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
+54% vs prior year
Spent
$898K
To programs
86%
Net assets
$1.3M
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▲ +54%
Tap a bar for its year
Revenue by fiscal year
FY2020$240K
FY2021$565K
FY2022$463K
FY2023$893K
FY2024$1.4M
Expenses
$898K
FY2024▲ +45%
Tap a bar for its year
Expenses by fiscal year
FY2020$340K
FY2021$368K
FY2022$488K
FY2023$620K
FY2024$898K
Net assets
$1.3M
FY2024▲ +60%
Tap a bar for its year
Net assets by fiscal year
FY2020$358K
FY2021$556K
FY2022$531K
FY2023$804K
FY2024$1.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $770K Management & general 5% · $44K Fundraising 9% · $84K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990; $110K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$110,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A

Leslie Orlovsky’s $110K as Executive Director is at the 29th percentile of top reported officer pay among 733 $1–10M 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

NameFY2024FY2023FY2022FY2021FY2020
Leslie Orlovsky$110,000$122,885$44,567——
Linda Appleby——$52,821$61,346$110,400

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.

See Team Phenomenal Hope INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Unites patients, caregivers, athletes, and donors to improve life for those with pulmonary hypertension.

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3 programs · $764K · in their own filed words · FY2024
01

Annual 2023 and 2024 Phenomenal Hope Conference

Knowledge, research & advocacy in PH is a symposium offering a combination of oral presentations, expert panel discussions, and poster sessions in an environment that fosters collaboration and a deeper exploration of pulmonary hypertension patient-centered research.

$548Kprogram expense
02

Team phenomenal hope provided $58,014 to pulmonary hypertension patients experiencing unmet needs and /OR residing in a disaster area. Formal requests are submitted by individuals and reviewed by a team phenomenal hope committee. $500 per individual is awarded based on acceptance of their application for the grant.

$116Kprogram expense
03

Team phenomenal hope provided $50,000 for a feasibility trial for the canadian right ventricular adaptive (crave) platform trial of therapies targeting right ventricular failure.

$100Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 11 funders →
Grants paid · 9 grants · $336K · 2020–2024
Unitemized GrantFY2023$55,500
University of CincinattiFY2022$50,000
Unitemized GrantFY2022$500
Unitemized GrantFY2021$38,500
Unitemized GrantFY2020$41,350

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.0M
Other incomeLn 4–11$343K
Investment incomeLn 3$13K
Money outPt IX
$898K
Ln 25
Programscol B$770K
Managementcol C$44K
Fundraisingcol D$84K
Owns and owesPt X
$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$13K
Other incomeLn 4–11$343K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$346K
SavingsLn 2$941K
Cash and savings togetherLn 1–2$1.3M
Other assetsLn 15$1K
Total assetsLn 16$1.3M
LiabilitiesLn 26$5K
Net assetsLn 32$1.3M
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$812K$1.3M
Total assetsLn 16$812K$1.3M
LiabilitiesLn 26$8K$5K
Net assetsLn 32$804K$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$50K$50K
Grants to domestic individualsLn 2$58K$58K
Pay of current officers, directors and key staffLn 5$110K$72K$11K$28K
Other salaries and wagesLn 7$199K$168K$30K
Other employee benefitsLn 9$60K$49K$3K$7K
Payroll taxesLn 10$28K$23K$1K$4K
Management feesLn 11a$16K$5K$11K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$25K$13K$9K$3K
Advertising and promotionLn 12$27K$21K$5K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$274K$274K
Other expenses (24a–d)Ln 24$35K$27K$1K$6K
All other expensesLn 24e$1K$922$45$204
Total functional expensesLn 25$898K$770K$44K$84K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $1.4M$898K$480K$1.3M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $893K$620K$273K$804K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $463K$488K−$25K$531K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $565K$368K$198K$556K 990 PDF
FY2020Filed with the IRS Nov 12, 2021 $240K$340K−$101K$358K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,378,212 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $777,889$1,021,811
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $37$13,482
I-11 Other revenuePrior year $114,908$342,919
I-12 Total revenuePrior year $892,834$1,378,212
I-13 Grants and similar amounts paidPrior year $105,500$108,014
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $338,116$396,707
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $176,293$393,213
I-18 Total expensesPrior year $619,909$897,934
I-19 Revenue less expensesPrior year $272,925$480,278
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,378,212 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,021,811
VIII-1h Total contributions, gifts and grants$1,021,811
VIII-3 Investment incomeRelated to mission $13,482$13,482
VIII-8 Net income from fundraising eventsExcluded from tax $292,319$292,319
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50,600$50,600
VIII-12 Total revenueRelated to mission $64,082 · Unrelated business $0 · Excluded from tax $292,319$1,378,212
Part IX · Statement of functional expenses $897,934 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $50,000$50,000
IX-2 Grants to domestic individualsPrograms $58,014$58,014
IX-5 Pay of current officers, directors and key staffPrograms $71,500 · Management $11,000 · Fundraising $27,500$110,000
IX-7 Other salaries and wagesPrograms $168,469 · Fundraising $30,469$198,938
IX-9 Other employee benefitsPrograms $49,119 · Management $2,977 · Fundraising $7,443$59,539
IX-10 Payroll taxesPrograms $23,290 · Management $1,411 · Fundraising $3,529$28,230
IX-11a Management feesPrograms $5,200 · Management $10,559$15,759
IX-11b Legal feesManagement $3,233$3,233
IX-11c Accounting feesManagement $4,580$4,580
IX-11g Other fees for servicesPrograms $12,715 · Management $9,028 · Fundraising $3,091$24,834
IX-12 Advertising and promotionPrograms $21,431 · Fundraising $5,358$26,789
IX-17 TravelPrograms $7,509$7,509
IX-19 Conferences, conventions and meetingsPrograms $274,498$274,498
IX-24 Other expenses (24a–d)Programs $27,373 · Management $1,195 · Fundraising $6,272$34,840
IX-24e All other expensesPrograms $922 · Management $45 · Fundraising $204$1,171
IX-25 Total functional expensesPrograms $770,040 · Management $44,028 · Fundraising $83,866$897,934
Part X · Balance sheet $1,289,163 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $687,427$346,499
X-2 Savings and temporary cash investmentsStart of year $124,734$941,325
X-15 Other assetsStart of year $33$1,339
X-16 Total assetsStart of year $812,194$1,289,163
X-17 Accounts payable and accrued expensesStart of year $8,476$5,167
X-26 Total liabilitiesStart of year $8,476$5,167
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $803,718$1,283,996
X-32 Total net assets or fund balancesStart of year $803,718$1,283,996
X-33 Total liabilities and net assetsStart of year $812,194$1,289,163
Part XI · Reconciliation of net assets $1,283,996 net assets at year end
XI-1 Total revenue$1,378,212
XI-2 Total expenses$897,934
XI-3 Revenue less expenses$480,278
XI-4 Net assets at start of year$803,718
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,283,996

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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