BURNING LIMB FOUNDATION

EIN: 814780623 501(c)(3) Diseases & Disorders

Frisco, TX

Total Revenue
$802,128
Total Expenses
$1,063,515
Total Assets
$132,647
Net Assets
$132,647
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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
2017
Legal Domicile
TX
Principal Officer
Philip Robert
Phone
2142983354
Tax Period
2024-01-01 to 2024-12-31

BURNING LIMB FOUNDATION, founded in 2017, is a small nonprofit in the Diseases & Disorders sector that reported $802K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 33% operating deficit.

Mission

We provide financial assistance for those with rare diseases who are seeking medical treatment.

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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 $802,128
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $802,128

Expense Breakdown

Grants Paid $990,566
Salaries & Benefits $47,366
Fundraising Expenses $0
Program Expenses $1,063,515
Other Expenses $25,583
TOTAL EXPENSES $1,063,515

Year-over-Year Comparison

2024 2023 Change
Revenue $802,128 $1,336,137 -0.4%
Expenses $1,063,515 $1,240,901 -0.1%
Net Income $-261,387 $95,236 -3.7%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
1
$44,000
Total Directors
3
$44,000
Key Employees
1
$44,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Philip Robert Executive Director/CEO 25
Officer Director Key Emp Highest
$44,000 $0 $44,000
Chloe Robert Director of Marketing 2
Director
$0 $0 $0
Tracy Robert Founder 4
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 $802,128 $1,063,515 $132,647 $-261,387
2023 $1,336,137 $1,240,901 $394,034 $95,236
2022 $1,338,906 $1,274,087 $298,798 $64,819
2021 $770,072 $669,413 $234,079 $100,659
2020 $431,037 $341,277 $133,420 $89,760
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