Form 990 for tax year 2022

Filed by MEDICAL BENEVOLENCE FOUNDATION.

Totals

Total revenue: $7,053,870
Total expenses: $7,185,308
Contributions and grants received: $6,794,575
Grants paid: $4,002,377
Program service revenue: $0
Investment income: $227,320
Other revenue: $31,975
Total assets, end of year: $14,524,406
Total liabilities, end of year: $2,096,616
Net assets or fund balances, end of year: $12,427,790
Program services expenses (Part IX): $5,576,062
Management and general expenses: $904,187
Fundraising expenses: $705,059
Program service expenses (Part III): $5,576,062

Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$14,687
1f · All other contributions, gifts and grants

$6,779,888
1g · Noncash contributions included above

$2,809,000
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $231,520 · excluded $231,520
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $1,388,602
7b · Less cost or other basis and sales expenses

securities $1,392,802
7c · Gain or loss

securities -$4,200 · other assets $0
7d · Net gain or loss

total -$4,200 · excluded -$4,200
11d · All other revenue

total $31,975 · related or exempt $0 · unrelated business $0 · excluded $31,975
11e · Other revenue, total

$31,975

Functional expenses

Part IX, the statement of functional expenses.

3 · Grants to foreign organizations and individuals

total $4,002,377 · program services $4,002,377
5 · Compensation of officers, directors and key employees

total $351,493 · management and general $351,493
7 · Other salaries and wages

total $1,026,966 · program services $676,473 · management and general $75,222 · fundraising $275,271
8 · Pension plan contributions

total $38,606 · program services $18,929 · management and general $9,400 · fundraising $10,277
9 · Other employee benefits

total $157,208 · program services $67,439 · management and general $40,129 · fundraising $49,640
10 · Payroll taxes

total $81,826 · program services $44,517 · management and general $22,564 · fundraising $14,745
11c · Fees: accounting

total $57,854 · management and general $57,854
11e · Fees: professional fundraising services

total $286,000 · fundraising $286,000
11g · Fees: other

total $373,010 · program services $314,119 · management and general $58,891 · fundraising $0
13 · Office expenses

total $125,735 · program services $52,294 · management and general $58,612 · fundraising $14,829
14 · Information technology

total $132,211 · program services $71,198 · management and general $61,013
16 · Occupancy

total $69,903 · program services $4,613 · management and general $62,601 · fundraising $2,689
17 · Travel

total $331,692 · program services $234,935 · management and general $56,973 · fundraising $39,784
19 · Conferences, conventions and meetings

total $32,363 · program services $11,044 · management and general $10,161 · fundraising $11,158
22 · Depreciation, depletion and amortization

total $8,000 · management and general $8,000
23 · Insurance

total $2,387 · management and general $2,387
24a · Other expenses: Equipment

total $105,253 · program services $76,265 · management and general $28,322 · fundraising $666
24b · Other expenses: Continuing Education

total $1,908 · program services $1,859 · management and general $49
24c · Other expenses: Repairs/Maintenance

total $516 · management and general $516
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $429,080 · end of year $409,624
2 · Savings and temporary cash investments

beginning of year $1,714,518 · end of year $409,080
3 · Pledges and grants receivable

beginning of year $362,399 · end of year $156,015
5 · Loans and receivables from officers and key people

end of year $0
6 · Loans and receivables from disqualified persons

end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $34,371 · end of year $24,118
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

end of year $0
11 · Investments: publicly traded securities

beginning of year $10,911,644 · end of year $13,322,255
12 · Investments: other securities

beginning of year $0
13 · Investments: program-related

beginning of year $0
14 · Intangible assets

beginning of year $33,586 · end of year $136,386
15 · Other assets

beginning of year $35,559 · end of year $66,928
17 · Accounts payable and accrued expenses

beginning of year $227,661 · end of year $588,037
21 · Escrow or custodial account liability

beginning of year $1,291,914 · end of year $1,465,003
22 · Loans and payables to officers and key people

end of year $0
25 · Other liabilities

beginning of year $0 · end of year $43,576
27 · Net assets without donor restrictions

beginning of year $2,708,219 · end of year $2,438,688
28 · Net assets with donor restrictions

beginning of year $9,293,363 · end of year $9,989,102

Mission and programs · 2022

Mission

Medical Benevolence Foundation (MBF) is a Christ-centered organization dedicated to transforming lives by building sustainable health care ministries in developing countries. MBF equips the indigenous church to meet the healthcare needs of their community and share the gospel.

Activities or mission (Part I)

Proclaim and demonstrate the Gospel by supporting the healing ministries of our international church partners.

Withheld by Nonprofiteer: this text may name a private individual.

Expenses $2,817,554 · Grants $2,809,000
Worldwide medical mission: MBF works as an indispensable link to engage churches in the developing world to transform lives by building strong, self-sustaining healthcare ministries. As a Christ-centered mission with 60 years of experience, MBF mobilizes individuals and churches in North America to equip churches in developing countries with skills and resources for medical ministries in four crucial areas: hospital development, nursing schools and scholarships, critical health services for women and children, and primary care clinics. During the last year, MBF partner hospitals delivered over 25,000 babies, served nearly 51,000 in-patients, and over 585,000 out-patients. MBF's strategy is to establish long-term partnerships with 12 hospitals and 67 clinics in developing countries to support critical medical services for women and children. Most importantly, MBF helps to develop and collaborate in projects whose goal is self-sustainability. During the last year, MBF's 10 supported nursing schools had a total enrollment of 3,664 and graduated 756 nurses.

Expenses $2,134,526 · Grants $1,178,690
Mission education: An important mission of MBF is to work with the church of North America to effectively and thoughtfully partner in ministry with the church in developing countries. This includes a spiritual ministry program whose training is led by MBF and leaders of its partner institutions and is implemented to staff members of our partner institutions. Additionally, MBF launched the Center for Global Nursing Development in 2017. Through the Center for Global Nursing Development, MBF has taken an international leadership position to create opportunities to engage and develop nursing practices and nursing education in the developing countries we currently serve.

Expenses $592,187
Infrastructure Improvements: MBF receives grants from the USAID American Schools and Hospitals Abroad (ASHA) program in support of construction projects in Kenya. One such recently completed project in 2022 was the completion of a 60-student dormitory on the campus of the Clive Irvine School of Nursing at Chogoria Hospital in Kenya. We are currently preparing to construct two additional structures (Student Classrooms and Faculty Offices) at Chogoria. We expect to begin construction in late 2023 or early 2024.

Expenses $31,795 · Grants $14,687

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

Bryan Weiss

Treasurer

Total calculated

$0

Hours/week

1
Daniel E Everitt MD

Past Chair (part year)

Total calculated

$0

Hours/week

1
Diane Foley MD

Secretary (Part Year)/Trustee

Total calculated

$0

Hours/week

1
George F Bloss III

Chair Elect (part year)/Chair

Total calculated

$0

Hours/week

1
Robert Sloane MD

Chair (part year)/Past Chair

Total calculated

$0

Hours/week

1
Shawn Powers

Secretary (part year)/Chair Elect

Total calculated

$0

Hours/week

1
A David Jimenez

Trustee

Total calculated

$0

Hours/week

1
Barbara Swan MD

Trustee (Part year)

Total calculated

$0

Hours/week

1
Brian Marsh

Trustee

Total calculated

$0

Hours/week

1
Douglas Mitchell

Trustee (Part year)

Total calculated

$0

Hours/week

1
Elias Schulze

Trustee

Total calculated

$0

Hours/week

1
Ivan Gomez

Trustee

Total calculated

$0

Hours/week

1
John Matthews

Member at Large

Total calculated

$0

Hours/week

1
Kathy Shingleton EdD

Trustee

Total calculated

$0

Hours/week

1
Pauline Hilton

Trustee

Total calculated

$0

Hours/week

1
Providence U Okaalet MD

Trustee

Total calculated

$0

Hours/week

1
Thomas Lamb

Trustee (Part year)

Total calculated

$0

Hours/week

1
Tracy Douglas-Wheeler

Trustee (Part year)

Total calculated

$0

Hours/week

1
William F Bonnell Jr MD

Trustee

Total calculated

$0

Hours/week

1
E Andrew Mayo

President/CEO

Total calculated

$221,782

From this org

$185,703

From related orgs

$0

Other

$36,079

Hours/week

40

Schedule J breakdown matched by us

Base

$165,878

Bonus

$19,825

Other

$0

Deferred

$18,280

Nontaxable benefits

$17,799

Filer's total

$221,782
Gregory Nikkel

CFO

Total calculated

$138,540

From this org

$112,313

From related orgs

$0

Other

$26,227

Hours/week

40
Patrick Coughlin

Vice President of Development

Total calculated

$162,791

From this org

$126,250

From related orgs

$0

Other

$36,541

Hours/week

40

Schedule J breakdown matched by us

Base

$123,250

Bonus

$3,000

Other

$0

Deferred

$5,160

Nontaxable benefits

$31,381

Filer's total

$162,791
Tracy Ebarb

Director of Partner Engagement

Total calculated

$137,711

From this org

$105,000

From related orgs

$0

Other

$32,711

Hours/week

40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7 Non-fixed payments: The board approved nonfixed payments made in the form of discretionary bonuses.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 16 January 2024
IRS schema version: 2022v5.0
Source object: 202420169349304652

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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