Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $135,050

• 1f · All other contributions, gifts and grants

  $101,431

• 3 · Investment income

  total $628,198 · excluded $628,198

• 7a · Gross sales of assets other than inventory

  securities $1,723,140

• 7b · Less cost or other basis and sales expenses

  securities $1,770,576

• 7c · Gain or loss

  securities -$47,436

• 7d · Net gain or loss

  total -$47,436 · excluded -$47,436

• 8a · Fundraising events: gross income

  $41,691

• 8a · Fundraising events: contributions included on line 1c

  $135,050

• 8b · Fundraising events: direct expenses

  $71,466

• 8c · Net income from fundraising events

  total -$29,775 · excluded -$29,775

Functional expenses

Part IX, the statement of functional expenses.

• 11a · Fees: management

  total $686,139 · program services $411,683 · management and general $102,921 · fundraising $171,535

• 11f · Fees: investment management

  total $1,439 · management and general $1,439

• 12 · Advertising and promotion

  total $8,856 · fundraising $8,856

• 13 · Office expenses

  total $35,129 · fundraising $35,129

• 16 · Occupancy

  total $1,320 · fundraising $1,320

• 17 · Travel

  total $4,941 · fundraising $4,941

• 19 · Conferences, conventions and meetings

  total $4,561 · fundraising $4,561

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $801 · fundraising $801

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $161,153 · end of year $69,720

• 2 · Savings and temporary cash investments

  beginning of year $25,409 · end of year $28,603

• 3 · Pledges and grants receivable

  beginning of year $569 · end of year $853

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,000 · end of year $3,558

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $3,000 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $19,392,601 · end of year $21,158,132

• 17 · Accounts payable and accrued expenses

  beginning of year $6,000 · end of year $2,096

• 25 · Other liabilities

  beginning of year $17,393,615 · end of year $16,814,916

• 27 · Net assets without donor restrictions

  beginning of year $1,500,677 · end of year $3,754,546

• 28 · Net assets with donor restrictions

  beginning of year $684,440 · end of year $689,308

The filer's explanations (Part III)

PART I, LINE 3

THE VISITING NURSE FOUNDATION (VNF) DOES NOT PAY COMPENSATION TO A CEO OR EXECUTIVE DIRECTOR. THE VISITING NURSE ASSOCIATION OF THE MIDLANDS (VNAM) PAYS THE COMPENSATION OF JAMES SUMMERFELT AND CAROLE PATRICK WHO SERVED AS THE TOP MANAGEMENT OFFICIALS OF THE VISITING NURSE FOUNDATION. VNAM UTILIZED THE FOLLOWING FOR DETERMINING THEIR COMPENSATION: FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY AND APPROVAL BY THE BOARD.