Brooke Healey Foundation EIN 46-3448744 Form 990 (PDF) Claim this org

Brooke Healey Foundation FY2018 filing

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Supports families facing DIPG with essential funds and resources. For fiscal year 2018 it reported $135K in revenue, $176K in expenses, and $180K in net assets.Pt I

Type
Public charity (501(c)(3)) · Diseases & Disorders
Location
Basking Ridge, NJ
Filings
7 on file (2018–2018)
Revenue
$135KFY2018
Expenses
$176K
Net assets
$180K
People
4
Filings
7
Updates
0
More identity details & actions ⌄
EIN  46-3448744 Public charity (501(c)(3)) Basking Ridge, NJ
Form 990 (PDF)
You’re viewing the FY2018 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports families facing DIPG with essential funds and resources.
Leadership
Stephen Healey · President
Money in and out
$135K revenue, $176K expenses
Bottom line
88% program efficiency
Where the money goes · FY2018
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$180K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$41K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12 Fundraising $0.01
Program efficiency
88%
of spending reaches programs
Operating runway
12.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2018 · Form 990
Revenue
$135K
FY2018
Expenses
$176K
FY2018
Total assets
$180K
FY2018
Total liabilities
$0
FY2018
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$180K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$180K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrooke Healey Foundation
EINHdr · item D46-3448744
Principal addressHdr · item CBasking Ridge, NJ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G123)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $155K of program spending, described in the organization's own filed words · FY2018.
01

Make charitable donations to organizations in the area of DIPG research

$128Kprogram expense
02

Provide financial assistance to families dealing with DIPG

$25Kprogram expense
03

Provide scholarships to needy high school families

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$135K · 100%
Investment income$718 · 1%
Contributions & grants100%$135K
Investment income1%$718
Total revenueLn 12$135K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12 Fundraising $0.01
Program services88%$155K
Management & general12%$20K
Fundraising1%$1K
Total functional expensesLn 25$176K

Balance Sheet

Part X · end of year
CashLn 1$70K
Total assetsLn 16$180K
Total liabilitiesLn 26$0
Total net assetsLn 32$180K
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2018 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $176K · Operating expenses/yr $176K
12.0 months
Where the money goes
Program services
Program services $155K · Total expenses $176K
88%
Management & General
Management & general $20K · Total expenses $176K
12%
Fundraising
Fundraising $1K · Total expenses $176K
0.8%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $135K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $135K · Total revenue $135K
100%
Government reliance
Government grants — · Total revenue $135K
Earned-income share
Program service revenue $0 · Total revenue $135K
0%
Investment reliance
Investment income $718 · Total revenue $135K
+0.5%
Program self-sufficiency
Program service revenue $0 · Total expenses $176K
0%
Growth & trend
Revenue growth (YoY)
This year $135K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $180K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $135K · Expenses $176K
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $180K
Net-asset ratio
Net assets $180K · Total assets $180K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $106K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $180K
59%
People & payroll
Highest Reported Total Compensation
Individual Stephen Healey · Reported title President · Highest reported compensation $0 · Total expenses $176K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $176K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 1%

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
See all 4 funders →
Grants paid · 13 grants · $1.2M · 2018–2024
The Cure Starts Now INCOH · FY2024$260,000
The Cure Starts Now INCOH · FY2023$290,000
The Cure Starts Now INCOH · FY2022$190,000
The Cure Starts Now INCOH · FY2021$92,150
The Cure Starts Now INCOH · FY2020$95,000
Dipg CollaborativeNY · FY2020$85,000
Unitemized GrantFY2020$44,728
Unitemized GrantFY2019$44,728
The Cure Starts Now INCOH · FY2019$32,000
Unitemized GrantFY2018$36,000
The Cure Starts Now INCOH · FY2018$25,000

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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)$536K revenue · ⤓ 990 PDF
FY2023$501K revenue · ⤓ 990 PDF
FY2022$563K revenue · ⤓ 990 PDF
FY2021$211K revenue · ⤓ 990 PDF
FY2020$309K revenue · ⤓ 990 PDF
FY2019$258K revenue · ⤓ 990 PDF
FY2018$135K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2018IRS
Classification, formation year, addressIRS Business Master File
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