RONALD MCDONALD HOUSE CHARITIES- P… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

DONNA PILLA-ABBONIZIO

Phone

8565826843

Tax Period

2018-01-01 to 2018-12-31

RONALD MCDONALD HOUSE CHARITIES- PHILADELPHIA REGION INC, founded in 1992, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2018. Revenue decreased 19% compared to the prior year. Expenses of $1.6M left a modest 10% surplus.

Mission

RONALD MCDONALD'S HOUSE CHARITIES(R)(RMHC(R)) OF THE PHILADELPHIA REGION, INC. IS A NON-PROFIT, 501(C)(3) CORPORATION THAT CREATES, FINDS AND SUPPORTS PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL-BEING OF CHILDREN IN THE COMMUNITY. THE CHARITY HELPS "KEEP FAMILIES" CLOSELY EACH NIGHT AT ITS FOUR LOCAL RONALD MCDONALD HOUSES IN PHILADELPHIA, SOUTHERN NEW JERSEY AND DELAWARE. THE CHARITY ALSO OPERATES A MOBILE DENTAL CARE UNIT FOR UNDERSERVED CHILDREN VIA THE ST. CHRISTROPHER'S FOUNDATION FOR CHILDREN RONALD MCDONALD CARE MOBILE, AS WELL AS AREAS OF RESPITE IN 17 AREA HOSPITALS WITH RONALD MCDONALD FAMILY ROOMS. FOR THE PAST NINE YEARS, THE CHARITY HAS PARTNERED WITH CBS3, PHILADELPHIA'S LOCAL CBS AFFILIATE, TO HOST THE "CHANGE THE LUCK OF A CHILD" TELETHON BENEFITTING THE LOCAL CHARITY.

Program Service Accomplishments

Program 1

Expenses: $1,306,337

RMHC GRANT PROGRAM AWARDS HUNDREDS OF THOUSANDS OF DOLLARS TO VARIOUS RONALD MCDONALD HOUSES THROUGHOUT THE GREATER PHILADELPHIA REGION IN SUPPORT OF THE HEALTH AND WELL-BEING OF CHILDREN IN THE...

RMHC GRANT PROGRAM AWARDS HUNDREDS OF THOUSANDS OF DOLLARS TO VARIOUS RONALD MCDONALD HOUSES THROUGHOUT THE GREATER PHILADELPHIA REGION IN SUPPORT OF THE HEALTH AND WELL-BEING OF CHILDREN IN THE COMMUNITY. GRANTS ARE FUNDED THROUGH SUPPORT FROM MCDONALD'S OWNER/OPERATORS, CORPORATE DONORS, MCDONALD'S CORPORATION, AS WELL AS MCDONALD'S CUSTOMERS EVERY TIME THEY DROP CHANGE IN AN RMHC CANISTER OR PURCAHSE A HAPPY MEAL AT A MCDONALD'S RESTAURANT. THE RMHC BOARD REVIEWS AND VOTES TO APPROVE GRANT APPLICATIONS DURING TWO CYCLES (FALL & SPRING) DURING EACH CALENDAR YEAR.

Program 2

ONE OF THE LARGEST PROGRAMS OF RMHC OF THE PHILADELPHIA REGION IS THE ANNUAL "CHANGE THE LUCK OF A CHILD" TELETHON. FOR THE PAST NINE YEARS, THE CHARITY HAS PARTNERED WITH CBS3, PHILADELPHIA'S LOCAL CBS AFFILIATE, TO HOST THE DAY LONG TELETHON TO RAISE MONEY FOR THE CHARITY AND EACH OF THE FOUR LOCAL RONALD MCDONALD HOUSES. LEADING UP TO THE DAY OF THE TELETHON, MCDONALD'S RESTAURANTS OF THE GREATER PHILADELPHIA REGION SELL PAPER SHAMROCKS IN-RESTAURANT TO RAISE MONEY FOR THE CHARITY AND HOUSES AS WELL.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $1,649,985

Program Service Revenue $0

Investment Income $161,611

Other Revenue $-8,546

TOTAL REVENUE $1,803,050

Expense Breakdown

Grants Paid $1,306,337

Salaries & Benefits $0

Fundraising Expenses $168,318

Program Expenses $1,306,337

Other Expenses $308,073

TOTAL EXPENSES $1,614,410

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,803,050	$2,214,767	-0.2%
Expenses	$1,614,410	$1,842,277	-0.1%
Net Income	$188,640	$372,490	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

135

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA PILLA-ABBONIZIO	PRESIDENT	7.00	Officer Director	$0	$0	$0
JOE PANY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT TRAA	TREASURER	1.00	Officer Director	$0	$0	$0
ROB COCOZZOLI	DIRECTOR	1.00	Officer Director	$0	$0	$0
DANIELLE DAWKINS	DIRECTOR	1.00	Director	$0	$0	$0
LES DUKART	DIRECTOR	1.50	Director	$0	$0	$0
JOHN DURANTE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE RAWDEN	DIRECTOR	1.00	Director	$0	$0	$0
MANISH SHAH	DIRECTOR	1.00	Director	$0	$0	$0
MARLENE WEINBERG	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$1,803,050	$1,614,410	$1,408,486	$188,640

RONALD MCDONALD HOUSE CHARITIES- PHILADELPHIA REGION INC