Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: PROGRAM SERVICE REVENUE

  total $1,771,768 · related or exempt $1,771,768

• 3 · Investment income

  total $255 · excluded $255

• 11a · Other revenue: MISCELLANEOUS

  total $6,199 · related or exempt $6,199

• 11e · Other revenue, total

  $6,199

Functional expenses

Part IX, the statement of functional expenses.

• 11g · Fees: other

  total $5,917,821 · program services $5,917,821

• 12 · Advertising and promotion

  total $3,517 · program services $3,517

• 13 · Office expenses

  total $302 · program services $302

• 24a · Other expenses: ALLOCATED DEPRECIATION

  total $25,057 · program services $25,057

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $19,140 · end of year $18,686

• 4 · Accounts receivable

  beginning of year $331,163 · end of year $193,090

• 25 · Other liabilities

  beginning of year $11,789,057 · end of year $15,819,005

• 27 · Net assets without donor restrictions

  beginning of year -$11,438,754 · end of year -$15,607,229

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 1A

THE ORGANIZATION'S POLICY FOR TRAVEL INCLUDES THE REIMBURSEMENT OF EXPENSES INCURRED BY TRUSTEES WHILE REPRESENTING THE BUSINESS INTERESTS OF ANY ARCHBOLD ENTITY. TRUSTEES MAY PARTICIPATE IN DESIGNATED EDUCATIONAL ENRICHMENT OPPORTUNITIES THAT WILL ENHANCE THEIR KNOWLEDGE AND EXPERTISE IN FULFILLING THEIR DUTIES AS A BOARD MEMBER OF A NON-PROFIT HEALTHCARE ORGANIZATION. IF THE TRAVEL IS OF THE NATURE THAT A SPOUSE OR COMPANION ARE EXPECTED TO ATTEND, TRAVEL EXPENSES ATTRIBUTED TO THE SPOUSE WHO MIGHT ACCOMPANY A BOARD MEMBER ON AN OUT-OF-TOWN TRIP WILL BE REIMBURSED. RECEIPTS MUST BE SUBMITTED PRIOR TO REIMBURSEMENT AND THE AMOUNTS REIMBURSED ARE NOT INCLUDED IN THE INDIVIDUAL'S TAXABLE INCOME.

SCHEDULE J, PAGE 1, PART I, LINE 3

SEE RESPONSE TO PART VI, QUESTIONS 15A AND 15B ON SCHEDULE O FOR A DETAILED DISCUSSION OF THE COMPENSATION PROCESS FOR EXECUTIVES.

SCHEDULE J, PAGE 1, PART I, LINE 4

DARCY M. CRAVEN 0 180,180 0 JAMES A. CARTER 0 57,298 0 BROCK DOCKERY 0 25,920 0

SCHEDULE J, PART III

THE IRS RULES & REGULATIONS REQUIRE THAT CERTAIN NON-CURRENT, NON-CASH ITEMS ARE REPORTED IN PART VII, COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES, AND INDEPENDENT CONTRACTORS, OF THE CORE FORM 990 REGARDLESS OF THE CURRENT BENEFIT TO THE EMPLOYEE. THESE SAME RULES, IN SOME CASES, REQUIRE THE COMPENSATION AND BENEFITS TO BE REPORTED TWICE IN PART VII, ONCE WHEN THE ENTITY ACCRUES FOR A FUTURE PAYMENT AND ONCE WHEN THE PAYMENT IS ACTUALLY MADE TO THE EMPLOYEE. THEREFORE, AN EMPLOYEE'S STATED TOTAL COMPENSATION AND BENEFITS REPORTED ON PART VII ARE SUBSTANTIALLY HIGHER THAN THE ACTUAL CASH COMPENSATION RECEIVED IN THE CURRENT YEAR. AMOUNTS REPORTED AS BENEFITS INCLUDE AMOUNTS FOR LIFE INSURANCE, HEALTH INSURANCE, THRIFT PLAN CONTRIBUTIONS, AND PENSION CONTRIBUTIONS. BENEFITS RELATED TO PENSION AND RETIREMENT PLANS REFLECT AMOUNTS ACCUMULATED, BUT NOT PAID, TO THE INDIVIDUAL IN RECOGNITION OF TOTAL YEARS OF EMPLOYMENT, NOT JUST THE CURRENT YEAR. AMC 457(F) RETIREMENT PLAN CERTAIN EXECUTIVES MAY BE ELIGIBLE TO PARTICIPATE IN A 457(F) PLAN TO HELP THEM ACCUMULATE FUNDS FOR THEIR LONG-TERM FINANCIAL NEEDS. THE ORGANIZATION MAY CONTRIBUTE A PERCENTAGE OF BASE SALARY INTO AN INDIVIDUAL EXECUTIVE'S ACCOUNT IF THE ORGANIZATION MEETS CERTAIN FINANCIAL TARGETS. THE ORGANIZATION OWNS ANY PLAN ASSETS UNTIL THEY ARE PAID TO THE EMPLOYEE AND ALL FUNDS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. VESTING BEGINS AT AGE 55 WITH FIVE YEARS OF SERVICE AT A RATE OF 90% AND THEN INCREASES TO 100% AT AGE 60. PAYMENTS ARE MADE ANNUALLY UPON VESTING. BONUS AWARDS: OFFICERS AND PHYSICIANS ARE AWARDED BONUSES/INCENTIVES CONTINGENT IN PART ON MEETING MANAGEMENT-BY-OBJECTIVE INCENTIVE PLAN GOALS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GEORGIA-FLORIDA PREFERRED INC

  HEALTHCARE · GA