Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: RENT FROM AFFILIATES

  total $1,727,205 · related or exempt $1,727,205

• 2f · All other program service revenue

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

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  other assets $0

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

  other assets $60,360

• 7c · Gain or loss

  securities $0 · other assets -$60,360

• 7d · Net gain or loss

  total -$60,360 · related or exempt -$60,360

• 11a · Other revenue: Miscellaneous Income

  total $6,564 · related or exempt $6,564

• 11d · All other revenue

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

• 11e · Other revenue, total

  $6,564

Functional expenses

Part IX, the statement of functional expenses.

• 11c · Fees: accounting

  total $2,964

• 11g · Fees: other

  total $607,366

• 13 · Office expenses

  total $309,956

• 16 · Occupancy

  total $343,834

• 20 · Interest

  total $185,150

• 22 · Depreciation, depletion and amortization

  total $1,018,743

• 24a · Other expenses: Licenses, fees and dues

  total $6,051

• 24b · Other expenses: Gas for equipment

  total $3,495

• 24c · Other expenses: Small Equipment

  total $1,849

• 24d · Other expenses: Dues

  total $62

• 24e · All other expenses

  total $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $45,044 · end of year $72,991

• 4 · Accounts receivable

  beginning of year $14,070 · 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

• 9 · Prepaid expenses and deferred charges

  beginning of year $42,034 · end of year $25,295

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

  $29,192,673

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

  $9,355,388

• 10c · Land, buildings and equipment, net

  beginning of year $20,523,760 · end of year $19,837,285

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $1,754,195 · end of year $1,918,249

• 17 · Accounts payable and accrued expenses

  beginning of year $49,660 · end of year $108,015

• 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 $4,653,845 · end of year $4,410,999

• 25 · Other liabilities

  beginning of year $342,930 · end of year $240,145

• 27 · Net assets without donor restrictions

  beginning of year $15,580,132 · end of year $15,178,071

• 28 · Net assets with donor restrictions

  beginning of year $1,752,536 · end of year $1,916,590

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

Compensation for the organization's president is paid by Avow Hospice, Inc., a related tax exempt organization. Avow Hospice, Inc. uses the following methods to determine the president's compensation: -Compensation committee -Form 990 of other organizations -Compensation survey or study -Independent compensation consultant -Approval by the board or compensation committee

Related corporations and trusts

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

• (1) AVOW HOME CARE INC (46-5763260)

  C Corporation · HOME HEALTH CARE · FL · 0% owned

  Directly controlled by AVOW INC