Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $59,616

• 1d · Related organizations

  $14,995

• 1f · All other contributions, gifts and grants

  $470,573

• 1g · Noncash contributions included above

  $14,995

• 3 · Investment income

  total $573,981 · excluded $573,981

• 6a · Gross rents

  real property $75

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $75

• 6d · Net rental income or loss

  total $75 · excluded $75

• 7a · Gross sales of assets other than inventory

  securities $2,908,545

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

  securities $1,981,568

• 7c · Gain or loss

  securities $926,977

• 7d · Net gain or loss

  total $926,977 · excluded $926,977

• 8a · Fundraising events: gross income

  $141,385

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

  $59,616

• 8b · Fundraising events: direct expenses

  $140,795

• 8c · Net income from fundraising events

  total $590 · excluded $590

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,955,077 · program services $4,955,077

• 2 · Grants to domestic individuals

  total $50,697 · program services $50,697

• 11b · Fees: legal

  total $33,207 · management and general $33,207

• 11c · Fees: accounting

  total $3,800 · management and general $3,800

• 11f · Fees: investment management

  total $127,907 · management and general $127,907

• 11g · Fees: other

  total $72,064 · management and general $24,064 · fundraising $48,000

• 13 · Office expenses

  total $15,243 · program services $1,879 · management and general $11,966 · fundraising $1,398

• 14 · Information technology

  total $17,924 · program services $6,322 · management and general $6,893 · fundraising $4,709

• 16 · Occupancy

  total $7,382 · program services $2,604 · management and general $2,839 · fundraising $1,939

• 19 · Conferences, conventions and meetings

  total $16,113 · program services $3,175 · management and general $10,573 · fundraising $2,365

• 23 · Insurance

  total $10,502 · program services $3,704 · management and general $4,039 · fundraising $2,759

• 24a · Other expenses: Foreign tax expense

  total $4,264 · management and general $4,264

• 24b · Other expenses: Maintenance & repairs

  total $3,388 · program services $1,195 · management and general $1,303 · fundraising $890

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $151,641 · end of year $121,805

• 3 · Pledges and grants receivable

  beginning of year $5,092,033 · end of year $2,113,651

• 4 · Accounts receivable

  beginning of year $40,596 · end of year $22,853

• 9 · Prepaid expenses and deferred charges

  beginning of year $18,961 · end of year $15,956

• 11 · Investments: publicly traded securities

  beginning of year $23,529,393 · end of year $28,151,932

• 17 · Accounts payable and accrued expenses

  beginning of year $73,378 · end of year $108,990

• 18 · Grants payable

  beginning of year $0 · end of year $1,000,000

• 25 · Other liabilities

  beginning of year $123,659 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $3,898,843 · end of year $3,577,345

• 28 · Net assets with donor restrictions

  beginning of year $24,736,744 · end of year $25,739,862

The filer's explanations (Part III)

Part I, Line 3

Harris Health System uses compensation surveys and studies to suggest the Executive Director's compensation, which is then approved by the HCHD Foundation's Chairman.