Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $457,952

• 1f · All other contributions, gifts and grants

  $5,487,995

• 3 · Investment income

  total $973,261 · excluded $973,261

• 6a · Gross rents

  real property $2,578

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $2,578

• 6d · Net rental income or loss

  total $2,578 · excluded $2,578

• 7a · Gross sales of assets other than inventory

  securities $4,921,928

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

  securities $2,792,063 · other assets $8,344

• 7c · Gain or loss

  securities $2,129,865 · other assets -$8,344

• 7d · Net gain or loss

  total $2,121,521 · excluded $2,121,521

• 8a · Fundraising events: gross income

  $2,221,950

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

  $457,952

• 8b · Fundraising events: direct expenses

  $964,290

• 8c · Net income from fundraising events

  total $1,257,660 · excluded $1,257,660

• 11a · Other revenue: OTHER INCOME

  total $48,925 · related or exempt $48,925

• 11e · Other revenue, total

  $48,925

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $11,041,588 · program services $11,041,588

• 2 · Grants to domestic individuals

  total $467,653 · program services $467,653

• 11e · Fees: professional fundraising services

  total $158,500 · fundraising $158,500

• 11f · Fees: investment management

  total $89,704 · management and general $89,704

• 11g · Fees: other

  total $106,652 · program services $18,341 · management and general $84,533 · fundraising $3,778

• 12 · Advertising and promotion

  total $33,246 · fundraising $33,246

• 13 · Office expenses

  total $59,613 · program services $203 · management and general $21,546 · fundraising $37,864

• 14 · Information technology

  total $69,232 · management and general $52,872 · fundraising $16,360

• 16 · Occupancy

  total $18,558 · management and general $250 · fundraising $18,308

• 17 · Travel

  total $2,185 · management and general $796 · fundraising $1,389

• 19 · Conferences, conventions and meetings

  total $28,536 · management and general $28,536

• 20 · Interest

  total $18,150 · management and general $18,150

• 22 · Depreciation, depletion and amortization

  total $7,719 · management and general $7,719

• 24a · Other expenses: RECOGNITION

  total $69,370 · management and general $53,400 · fundraising $15,970

• 24b · Other expenses: FOOD

  total $54,757 · program services $62 · management and general $9,945 · fundraising $44,750

• 24c · Other expenses: BANK CHARGES

  total $36,114 · management and general $36,114

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $23,237 · management and general $19,486 · fundraising $3,751

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $500 · end of year $500

• 2 · Savings and temporary cash investments

  beginning of year $1,458,702 · end of year $1,388,582

• 3 · Pledges and grants receivable

  beginning of year $4,325,029 · end of year $1,553,712

• 4 · Accounts receivable

  beginning of year $7,000,022 · end of year $6,622,203

• 9 · Prepaid expenses and deferred charges

  beginning of year $21,158 · end of year $22,409

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

  $91,822

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

  $72,960

• 10c · Land, buildings and equipment, net

  beginning of year $34,925 · end of year $18,862

• 11 · Investments: publicly traded securities

  beginning of year $37,476,920 · end of year $40,667,331

• 15 · Other assets

  beginning of year $542,131 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $39,051 · end of year $38,634

• 27 · Net assets without donor restrictions

  beginning of year $14,329,112 · end of year $16,193,204

• 28 · Net assets with donor restrictions

  beginning of year $36,491,224 · end of year $34,041,761

The filer's explanations (Part III)

PART I, LINE 3

HUNTSVILLE HOSPITAL FOUNDATION DOES NOT HAVE ANY EMPLOYEES HOWEVER, HUNTSVILLE HOSPITAL IS THE COMMON PAYMASTER FOR HUNTSVILLE HOSPITAL FOUNDATION. AS SUCH, COMPENSATION FROM HUNTSVILLE HOSPITAL TO HUNTSVILLE HOSPITAL FOUNDATION OFFICERS AND DIRECTORS ARE REPORTED AS COMPENSATION FROM THE FILING ORGANIZATION. HUNTSVILLE HOSPTIAL CONTRACTS WITH INDEPENDENT PERSONS TO REVIEW SALARIES AND COMPARE TO COMPENSATION LEVELS OF SIMILAR ORGANIZATIONS.