Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $8,000

• 1c · Fundraising events

  $535,224

• 1f · All other contributions, gifts and grants

  $10,535,082

• 1g · Noncash contributions included above

  $1,183,717

• 3 · Investment income

  total $775,230 · excluded $775,230

• 7a · Gross sales of assets other than inventory

  securities $10,535,605

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

  securities $9,405,962 · other assets $2,501,761

• 7c · Gain or loss

  securities $1,129,643 · other assets -$2,501,761

• 7d · Net gain or loss

  total -$1,372,118 · excluded -$1,372,118

• 8a · Fundraising events: gross income

  $0

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

  $535,224

• 8b · Fundraising events: direct expenses

  $36,892

• 8c · Net income from fundraising events

  total -$36,892 · excluded -$36,892

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,790,368 · program services $2,790,368

• 11a · Fees: management

  total $446,514 · management and general $165,030 · fundraising $281,484

• 11f · Fees: investment management

  total $102,845 · management and general $102,845

• 11g · Fees: other

  total $24,128 · management and general $1,869 · fundraising $22,259

• 12 · Advertising and promotion

  total $3,445 · management and general $100 · fundraising $3,345

• 13 · Office expenses

  total $49,501 · management and general $3,260 · fundraising $46,241

• 16 · Occupancy

  total $16,580 · management and general $16,580

• 19 · Conferences, conventions and meetings

  total $26,907 · management and general $24,316 · fundraising $2,591

• 22 · Depreciation, depletion and amortization

  total $343,991 · management and general $282,203 · fundraising $61,788

• 23 · Insurance

  total $434 · fundraising $434

• 24a · Other expenses: Other Expenses

  total $211,338 · management and general $190,584 · fundraising $20,754

• 24b · Other expenses: Home Office Allocation

  total $91,200 · fundraising $91,200

• 24c · Other expenses: Equipment Rental/Repair

  total $33,154 · management and general $33,154

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,378,300 · end of year $1,596,082

• 3 · Pledges and grants receivable

  beginning of year $106,004 · end of year $972,111

• 9 · Prepaid expenses and deferred charges

  beginning of year $14,113 · end of year $16,147

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

  $10,676,634

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

  $3,414,398

• 10c · Land, buildings and equipment, net

  beginning of year $6,152,494 · end of year $7,262,236

• 11 · Investments: publicly traded securities

  beginning of year $22,041,832 · end of year $27,847,947

• 14 · Intangible assets

  end of year $66,904

• 15 · Other assets

  beginning of year $13,020 · end of year $631,895

• 17 · Accounts payable and accrued expenses

  beginning of year $124,435 · end of year $95,375

• 25 · Other liabilities

  beginning of year $429,542 · end of year $592,023

• 27 · Net assets without donor restrictions

  beginning of year $17,327,492 · end of year $23,533,023

• 28 · Net assets with donor restrictions

  beginning of year $11,824,294 · end of year $14,172,901

The filer's explanations (Part III)

Part I, Line 3

The organization has no employees. Lundy Fields, President/CEO, and Daniel Bach, CFO, are compensated by Visiting Nurse Association of the Treasure Coast, Inc., a related organization. The methods the related organization used to establish their compensation is as follows: - Compensation committee - Independent compensation consultant - Form 990 of other organizations - Written employment contract - Compensation survey or study - Approval by the board or compensation committee