Pediatric Hydrocephalus Foundation Inc

EIN: 264582806 501(c)(3) Medical Research

Woodbridge, NJ

Total Revenue
$156,880
Total Expenses
$199,218
Total Assets
$290,113
Net Assets
$287,574
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NJ
Principal Officer
Kimberly Illions
Phone
7326341283
Tax Period
2024-01-01 to 2024-12-31

Pediatric Hydrocephalus Foundation Inc, founded in 2009, is a small nonprofit in the Medical Research sector that reported $157K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $199K exceeded revenue, resulting in a 27% operating deficit.

Mission

Organized exclusively for charitable, educational, and scientific purposes, including the making of distributions to organizations that qualify as exempt organizations under section501(c)(3)of the IRC, or the corresponding section of any future federal tax code. Said Corp will adhere to the aforementioned purposes while providing education to the public about Hydrocephalus and raising funds to support educational efforts and scientific research into potential cures and treatment options for those afficted with Hyrocephalus.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $156,880
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $156,880

Expense Breakdown

Grants Paid $95,000
Salaries & Benefits $33,437
Fundraising Expenses $15,105
Program Expenses $128,154
Other Expenses $70,781
TOTAL EXPENSES $199,218

Year-over-Year Comparison

2024 2023 Change
Revenue $156,880 $176,196 -0.1%
Expenses $199,218 $294,772 -0.3%
Net Income $-42,338 $-118,576 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
1
Volunteers
25

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
3
$30,345
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kimberly Illions President 30.00
Officer
$30,345 $0 $30,345
Michael Illions Vice President/Treasurer 15.00
Officer
$0 $0 $0
Cyndi Lewis Secretary 1.00
Officer
$0 $0 $0
Heather Shanks Trustee 1.00
Director
$0 $0 $0
Isabella Sacharczyk Trustee 1.00
Director
$0 $0 $0
Roberto Hajek Trustee 1.00
Director
$0 $0 $0
Ashely Hajek Trustee 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
2024 $156,880 $199,218 $290,113 $-42,338
2023 $176,196 $294,772 $333,383 $-118,576
2022 $168,214 $195,575 $449,313 $-27,361
2021 $205,618 $213,417 $475,848 $-7,799
2020 $261,942 $191,487 $485,932 $70,455
2019 $346,790 $227,493 $416,046 $119,297
2018 $349,998 $241,815 $297,490 $108,183
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