JOEYS FUND INC
Mission Statement
We are dedicated to easing parents’ challenges when caring for a child suffering from a life-threatening illness. While insurance covers most medical expenses, many unforeseen costs are NOT covered. These expenses include exorbitant insurance co-pays and prescription drug fees, lost wages due to missing work, gas, tolls, parking, food, and other daily expenses. To relieve families suffering from these circumstances, my family and I are asking our valued customers, friends, families, and business owners for their sponsorship in helping us “pay it forward” to help adults and children with medical and financial hardships along with cancer research.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 82.9% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
107.8% | 24.8% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.0 mo | 25.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
70.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.3% | 99.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
39.3% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.9% | -2.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.3% | 16.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $21K | $20K | $2K | 100.0% | — |
| 2024 | $15K | $21K | $18 | 100.0% | — |
| 2023 | $27K | $24K | $6K | 80.5% | — |
| 2022 | $19K | $18K | $3K | 92.8% | — |
| 2021 | $29K | $19K | N/A | — | 1 |
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