Storm the Heavens Fund EIN 82-2521813

Storm the Heavens Fund

EIN  82-2521813 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Fund research and raise awareness to end DIPG.
Leadership
Philomena Carroll · President · $16K
Money in and out
$220K revenue, $211K expenses
Bottom line
89% program efficiency

Fund research and raise awareness to end DIPG. For fiscal year 2024 it reported $220K in revenue, $211K in expenses, and $320K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$220K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$320K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs▲ +30% vs prior filing year
Operating runway
17.8mo
months of highly liquid reserves at operating expense rate▼ -19% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$220K
FY2024▼ -4%
Expenses
$211K
FY2024▲ +49%
Total assets
$325K
FY2024▲ +2%
Total liabilities
$5K
FY2024▼ -38%
Total revenue
$220K
Pt VIII · Ln 12
Total expenses
$211K
Pt IX · Ln 25
Net assets
$320K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$325K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $188K of program spending, described in the organization's own filed words · FY2024.
01

Raise funds to support research of pediatric cancer, specifically dipg.

$188Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStorm the Heavens Fund
EINHdr · item D82-2521813
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.stormtheheavens.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W12)
Ruling yearIRS BMFSep 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
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
$16,250Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Philomena Carroll’s $16K as President is at the 15th percentile of top reported officer pay among 1033 $100K–1M public & societal benefit 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
Philomena Carroll$16,250$15,000

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$149K · 68%
Contributions & grants$60K · 27%
Investment income$10K · 5%
Other revenue68%$149K
Contributions & grants27%$60K
Investment income5%$10K
Total revenueLn 12$220K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$188K
Management & general11%$24K
Total functional expensesLn 25$211K

Balance Sheet

Part X · end of year
CashLn 1$313K
Total assetsLn 16$325K
Total liabilitiesLn 26$5K
Total net assetsLn 32$320K
Months of cash on handcomputed17.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $313K · Operating expenses/yr $211K
17.8 months
Where the money goes
Program services
Program services $188K · Total expenses $211K
89%
Management & General
Management & general $24K · Total expenses $211K
11%
Fundraising
Fundraising $0 · Total expenses $211K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $88K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $60K · Total revenue $220K
27%
Government reliance
Government grants — · Total revenue $220K
Earned-income share
Program service revenue $0 · Total revenue $220K
0%
Investment reliance
Investment income $10K · Total revenue $220K
+5%
Program self-sufficiency
Program service revenue $0 · Total expenses $211K
0%
Growth & trend
Revenue growth (YoY)
This year $220K · Prior year $230K
-4%
Revenue CAGR
FY2020 $216K · FY2024 $220K
0%
Net-asset trend (YoY)
End of year $320K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $220K · Expenses $211K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $325K
Net-asset ratio
Net assets $320K · Total assets $325K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $325K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Philomena Carroll · Reported title PRESIDENT · Highest reported compensation $16K · Total expenses $211K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $11K · Total expenses $211K
5%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth -4%
Accounting fee ratio 3%

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 3 funders →
Grants paid · 8 grants · $330K · 2020–2024
Tough2gether FoundationKS · FY2024$40,000
Tough2gether FoundationKS · FY2023$54,700
The Regents of the Univ of Ca SfCA · FY2023$50,000
The Cure Starts Now INCOH · FY2020$25,000
Dragon Master Initiative INCFL · FY2020$10,000

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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)$220K revenue · viewing · ⤓ 990 PDF
FY2023$230K revenue · ⤓ 990 PDF
FY2022$247K revenue · ⤓ 990 PDF
FY2021not on file
FY2020$216K 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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