My Alarm Center is on the street Thursday night

Executives from My Alarm Center will be sleeping on the streets of Philadelphia Thursday night, Nov. 19, participating in Covenant House's Sleep Out: Executive Edition.

Covenant House is a homeless youth shelter, headquartered in New York. It holds sleep outs

Weather reports say that Philadelphia has a 100 percent chance of rain on Thursday and temperature in the low 60s, middle 50s overnight. “We look at it this way: These kids that are homeless, they don't get to pick which weather that have to sleep out in,” Kelly Bond, SVP of business development, told Security Systems News.

What are the preparations? “They give us a card board box and a sleeping bag,” Bond said.

Bond will be participating alongside Amy Kothari, president and CEO and Anastasia Bottos, COO and CSO, in the annual event this year. The My Alarm Center team has already raised more than $17,000—the entire Philadelphia event already surpassed it's $225,000 goal, almost hitting $230,000.

“This event not only raises substantial funds for Covenant House, but it helps build awareness of the difficult situations far too many children in our communities face. I feel so fortunate to be a part of it,” Bottos said in the statement.

“We are so incredibly honored to be able to contribute to this cause in a meaningful way,” Kothari said in a prepared statement.

Covenant House has locations across the U.S. as well as in Canada and several countries in Central America. Its sleep outs feature different groups, like mothers, Broadway actors, or the Executive Edition, in which all participants are C-suite in their company.