Health Care
(E86)
IRS Verified
DX Registered
990 on File
TB1 FUND INC
Financial strength (30%)
81/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
65/100
CharityAI™ Score
Not yet evaluated
Mission Statement
TB1Fund's mission is to brighten days for patients and families at M Health Fairview Masonic Children's Hospital. Our primary goal is to help patients focus on recovery by providing items and experiences that not only distract and engage them, but also encourage recovery, be it mental, physical or emotional. We are constantly working on new ideas, new projects and new partnerships to provide the best possible experiences and offerings. TB1F and Brax are dedicated to making a difference. Being able to provide positive experiences that can immediately affect patients and families is critical to Brax's overall mission.
Financial Overview — FY 2024
$655K
Total Revenue
$679K
Total Expenses
$338K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.0%
Fundraising Efficiency
19.3%
Operating Reserve
5.98x
Liability-to-Asset
12.2%
Revenue Diversification
115.7%
Compared with Peers
FY 2024
Compared with 4,558 similar organizations
(United States, Health Care, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.0% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.5% | 10.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
19.3% | 12.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.0 mo | 13.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.2% | 1.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
115.7% | 93.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
20.9% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
93.9% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.7% | 3.7% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Day Brightener - Mental/Physical/Emotional well being | 2,780 | $450.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $655K | $679K | $338K | 90.0% | 0 |
| 2023 | $542K | $350K | $342K | 86.3% | 0 |
| 2022 | $450K | $403K | $151K | 92.7% | 0 |
| 2021 | $210K | $899 | N/A | — | 0 |
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