Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $3,450

• 1d · Related organizations

  $536,143

• 1e · Government grants (contributions)

  $235,536

• 1f · All other contributions, gifts and grants

  $1,313,899

• 1g · Noncash contributions included above

  $25,189

• 3 · Investment income

  total $15,216 · excluded $15,216

• 8a · Fundraising events: gross income

  $112,588

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

  $3,450

• 8b · Fundraising events: direct expenses

  $15,949

• 8c · Net income from fundraising events

  total $96,639

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $576,966 · program services $576,966

• 5 · Compensation of officers, directors and key employees

  total $250,313 · program services $100,125 · management and general $100,125 · fundraising $50,063

• 7 · Other salaries and wages

  total $250,313 · program services $185,232 · management and general $65,081

• 8 · Pension plan contributions

  total $14,286 · program services $9,572 · management and general $4,714

• 9 · Other employee benefits

  total $63,921 · program services $42,827 · management and general $21,094

• 10 · Payroll taxes

  total $26,277 · program services $17,606 · management and general $8,671

• 17 · Travel

  total $8,878 · management and general $8,878

• 24a · Other expenses: FOOD & SUPPLIES

  total $43,427 · program services $25,372 · management and general $11,046 · fundraising $7,009

• 24b · Other expenses: CONSULTING

  total $43,213 · management and general $7,675 · fundraising $35,538

• 24c · Other expenses: OTHER PURCHASED SERVICES

  total $40,093 · program services $460 · management and general $20,461 · fundraising $19,172

• 24d · Other expenses: SOFTWARE

  total $8,333 · management and general $8,333

• 24e · All other expenses

  total $6,334 · program services $650 · management and general $5,624 · fundraising $60

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,254,566 · end of year $920,771

• 2 · Savings and temporary cash investments

  beginning of year $10,100 · end of year $9,713

• 3 · Pledges and grants receivable

  beginning of year $416,425 · end of year $619,221

• 9 · Prepaid expenses and deferred charges

  end of year $54,874

• 11 · Investments: publicly traded securities

  beginning of year $8,988,467 · end of year $10,328,872

• 17 · Accounts payable and accrued expenses

  beginning of year $246,480 · end of year $483,797

• 25 · Other liabilities

  beginning of year $101,743 · end of year $61,873

• 27 · Net assets without donor restrictions

  beginning of year $2,380,475 · end of year $2,840,004

• 28 · Net assets with donor restrictions

  beginning of year $7,940,860 · end of year $8,547,777

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 6B

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.