Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,534,661

• 1e · Government grants (contributions)

  $1,000,000

• 1f · All other contributions, gifts and grants

  $4,417,278

• 1g · Noncash contributions included above

  $195,112

• 3 · Investment income

  total $530,364 · excluded $530,364

• 7a · Gross sales of assets other than inventory

  securities $5,140,808

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

  securities $4,036,820

• 7c · Gain or loss

  securities $1,103,988

• 7d · Net gain or loss

  total $1,103,988 · excluded $1,103,988

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,996,793 · program services $8,996,793

• 2 · Grants to domestic individuals

  total $36,000 · program services $36,000

• 5 · Compensation of officers, directors and key employees

  total $431,104 · program services $37,759 · management and general $88,104 · fundraising $305,241

• 11c · Fees: accounting

  total $48,300 · management and general $33,810 · fundraising $14,490

• 11e · Fees: professional fundraising services

  total $39,815 · fundraising $39,815

• 11f · Fees: investment management

  total $186,966 · management and general $186,966

• 11g · Fees: other

  total $96,810 · management and general $61,481 · fundraising $35,329

• 12 · Advertising and promotion

  total $2,725 · management and general $681 · fundraising $2,044

• 13 · Office expenses

  total $47,378 · management and general $23,689 · fundraising $23,689

• 14 · Information technology

  total $18,278 · management and general $3,656 · fundraising $14,622

• 17 · Travel

  total $8,497 · management and general $8,497

• 19 · Conferences, conventions and meetings

  total $1,399 · management and general $1,399

• 24a · Other expenses: REIMB PERSONNEL EXPENSE

  total $1,254,586 · program services $90,873 · management and general $196,294 · fundraising $967,419

• 24b · Other expenses: SHARED EXPENSES (DIGNIT

  total $224,895 · program services $36,921 · management and general $22,072 · fundraising $165,902

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $2,789 · management and general $2,789

• 24d · Other expenses: TRAINING

  total $283 · management and general $283

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $163,818 · end of year $164,642

• 2 · Savings and temporary cash investments

  beginning of year $3,678,729 · end of year $786,341

• 3 · Pledges and grants receivable

  beginning of year $11,750,875 · end of year $13,245,500

• 4 · Accounts receivable

  beginning of year $0

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

  $54,063

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

  $54,063

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $35,984,194 · end of year $37,582,572

• 15 · Other assets

  beginning of year $4,141,691 · end of year $4,081,549

• 17 · Accounts payable and accrued expenses

  beginning of year $60,714 · end of year $179,458

• 25 · Other liabilities

  beginning of year $2,592,999 · end of year $2,443,559

• 27 · Net assets without donor restrictions

  beginning of year $4,233,356 · end of year $4,302,605

• 28 · Net assets with donor restrictions

  beginning of year $48,832,238 · end of year $48,934,982

The filer's explanations (Part III)

PART I, LINE 3

ALL EMPLOYEES ARE PAID DIRECTLY THROUGH DIGNITY HEALTH, BUT WORK EXCLUSIVELY FOR MERCY FOUNDATION. THE FOUNDATION REIMBURSES DIGNITY HEALTH FOR THESE PAYROLL COSTS. THE PRESIDENT'S SALARY AND PERFORMANCE EVALUATION IS PERFORMED BY THE BOARD OF DIRECTORS, BUT ULTIMATELY DETERMINED BY DIGNITY HEALTH. ALL OTHER EMPLOYEES HAVE THEIR COMPENSATION SET BY MANAGEMENT WITH THE APPROVAL OF DIGNITY HEALTH'S HR DEPARTMENT.