Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $95,329

• 1f · All other contributions, gifts and grants

  $670,913

• 3 · Investment income

  total $6,560 · excluded $6,560

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7d · Net gain or loss

  total $0

• 8a · Fundraising events: gross income

  $13,120

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

  $95,329

• 8b · Fundraising events: direct expenses

  $17,905

• 8c · Net income from fundraising events

  total -$4,785 · excluded -$4,785

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $326,713 · program services $326,713

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $0

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $228,574 · program services $111,168 · management and general $70,627 · fundraising $46,779

• 8 · Pension plan contributions

  total $11,552 · program services $5,619 · management and general $3,569 · fundraising $2,364

• 9 · Other employee benefits

  total $22,956 · program services $11,165 · management and general $7,093 · fundraising $4,698

• 10 · Payroll taxes

  total $16,626 · program services $8,086 · management and general $5,137 · fundraising $3,403

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $0

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $0

• 12 · Advertising and promotion

  total $0

• 13 · Office expenses

  total $64,503 · program services $31,104 · management and general $19,963 · fundraising $13,436

• 14 · Information technology

  total $0

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $0

• 17 · Travel

  total $0

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $497 · management and general $497

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $1,191 · program services $579 · management and general $368 · fundraising $244

• 23 · Insurance

  total $0

• 24a · Other expenses: LICENSES,DUES,SUBSCRIPTIONS

  total $1,100 · program services $1,100

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $0 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $1,140,943 · end of year $1,251,874

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $0 · end of year $0

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $550 · end of year $550

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

  $19,972

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

  $14,046

• 10c · Land, buildings and equipment, net

  beginning of year $7,117 · end of year $5,926

• 11 · Investments: publicly traded securities

  beginning of year $0 · end of year $0

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $210,254 · end of year $210,255

• 17 · Accounts payable and accrued expenses

  beginning of year $11,628 · end of year $13,575

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $355,353 · end of year $355,353

• 27 · Net assets without donor restrictions

  beginning of year $991,883 · end of year $1,099,677

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3

COMPENSATION DETERMINATION: PHELPS HEALTH, A RELATED ORGANIZATION, USES A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN DETERMINING THE COMPENSATION OF THE CEO.

SCHEDULE J, PART I, LINE 7

NONFIXED PAYMENTS: PHELPS HEALTH, A RELATED ORGANIZATION, PROVIDES CHRISTOPHER SPENCER, JASON SHENEFIELD, KERI BROOKSHIRE-HEAVIN, AND JANA COOK THE POTENTIAL TO RECEIVE ANNUAL BONUS COMPENSATION. INCENTIVE COMPENSATION IS CALCULATED BASED ON THEIR WRVU GOAL.