Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $10,395

• 1d · Related organizations

  $37,350

• 1e · Government grants (contributions)

  $205,363

• 1f · All other contributions, gifts and grants

  $1,985,691

• 1g · Noncash contributions included above

  $149,913

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $416,933 · excluded $416,933

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $128,932

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

  securities $131,427

• 7c · Gain or loss

  securities -$2,495 · other assets $0

• 7d · Net gain or loss

  total -$2,495 · excluded -$2,495

• 8a · Fundraising events: gross income

  $269,709

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

  $10,395

• 8b · Fundraising events: direct expenses

  $53,009

• 8c · Net income from fundraising events

  total $216,700 · excluded $216,700

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,494,895 · program services $1,494,895

• 2 · Grants to domestic individuals

  total $24,000 · program services $24,000

• 5 · Compensation of officers, directors and key employees

  total $325,726 · program services $130,290 · management and general $130,290 · fundraising $65,146

• 7 · Other salaries and wages

  total $345,199 · program services $255,448 · management and general $89,751

• 8 · Pension plan contributions

  total $30,649 · program services $20,536 · management and general $10,113

• 9 · Other employee benefits

  total $69,501 · program services $46,566 · management and general $22,935

• 10 · Payroll taxes

  total $40,320 · program services $27,015 · management and general $13,305

• 11g · Fees: other

  total $107,191 · program services $1,802 · management and general $52,982 · fundraising $52,407

• 13 · Office expenses

  total $16,463 · management and general $14,596 · fundraising $1,867

• 17 · Travel

  total $1,621 · management and general $1,621

• 24a · Other expenses: Food & Supplies

  total $37,081 · program services $21,845 · management and general $10,782 · fundraising $4,454

• 24b · Other expenses: Other

  total $33,111 · management and general $3,528 · fundraising $29,583

• 24c · Other expenses: Bad Debt Expense

  total $3,437 · management and general $3,437

• 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 $551,306 · end of year $1,094,117

• 2 · Savings and temporary cash investments

  beginning of year $10,151 · end of year $91,799

• 3 · Pledges and grants receivable

  beginning of year $1,105,369 · end of year $998,121

• 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

• 9 · Prepaid expenses and deferred charges

  beginning of year $24,000 · end of year $88,248

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $12,095,871 · end of year $13,634,481

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $461,921 · end of year $711,412

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $82,041 · end of year $159,038

• 27 · Net assets without donor restrictions

  beginning of year $6,393,558 · end of year $7,205,979

• 28 · Net assets with donor restrictions

  beginning of year $6,849,177 · end of year $7,830,337

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS HAD EMPLOYER CONTRIBUTIONS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. THE AMOUNTS ARE REPRESENTED IN PART II, COLUMN (C): $161,966 - MARY MANNIX 4,329 - SHIRLEY CARTER

Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization

THE EXECUTIVE OF THE FOUNDATION IS REQUIRED TO SET ANNUAL PERFORMANCE GOALS THAT ALIGN WITH THE ORGANIZATION'S COMMITMENT TO PERFORMANCE EXCELLENCE. THE GOALS WERE ESTABLISHED WITH THE FOCUS ON THE FOLLOWING SIX AREAS: QUALITY, SERVICE, PEOPLE, COMMUNITY, GROWTH, AND FINANCE. EACH GOAL WAS REQUIRED TO HAVE MEASURABLE OUTCOMES AND WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD TO ENSURE THAT IT SUPPORTED THE ORGANIZATION'S QUEST FOR SERVICE AND OPERATIONAL EXCELLENCE. WHILE NET EARNINGS WERE A CONSIDERATION IN THE AREA OF FINANCE, THE GOALS WERE ALSO CENTERED ON QUALITY, SERVICE, PEOPLE, COMMUNITY, AND GROWTH. EACH EXECUTIVE'S GOALS WERE WEIGHTED ACROSS THE PILLAR GOALS BASED ON THEIR AREA OF RESPONSIBILITY. WHEN AWARDING THE COMPENSATIONS, THE EXECUTIVE COMMITTEE OF THE AUGUSTA HEALTH BOARD REVIEWED THE YEAR END ACCOMPLISHMENTS OF THE EXECUTIVE AND AWARDED INCENTIVE COMPENSATION BASED ON HIS/HER ACTUAL PERFORMANCE AS COMPARED TO THE ESTABLISHED PERFORMANCE BENCHMARKS.