Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $144,116

• 1f · All other contributions, gifts and grants

  $3,509,666

• 1g · Noncash contributions included above

  $1,447,369

• 3 · Investment income

  total $1,151,443 · excluded $1,151,443

• 5 · Royalties

  total $91,192 · excluded $91,192

• 7a · Gross sales of assets other than inventory

  securities $2,462,883

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

  securities $0

• 7c · Gain or loss

  securities $2,462,883

• 7d · Net gain or loss

  total $2,462,883 · excluded $2,462,883

• 8a · Fundraising events: gross income

  $49,589

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

  $144,116

• 8b · Fundraising events: direct expenses

  $89,719

• 8c · Net income from fundraising events

  total -$40,130 · excluded -$40,130

• 11a · Other revenue: Other income

  total $99,467 · excluded $99,467

• 11e · Other revenue, total

  $99,467

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,344,392 · program services $2,344,392

• 2 · Grants to domestic individuals

  total $18,325 · program services $18,325

• 11a · Fees: management

  total $347,228 · fundraising $347,228

• 11f · Fees: investment management

  total $214,041 · management and general $214,041

• 11g · Fees: other

  total $259,559 · management and general $259,559

• 13 · Office expenses

  total $67,230 · management and general $1,833 · fundraising $65,397

• 14 · Information technology

  total $50,169 · management and general $50,169

• 17 · Travel

  total $11,593 · fundraising $11,593

• 19 · Conferences, conventions and meetings

  total $58,432 · management and general $41,430 · fundraising $17,002

• 24a · Other expenses: Miscellaneous

  total $267,010 · management and general $259,306 · fundraising $7,704

• 24b · Other expenses: Scholarships

  total $153,000 · program services $153,000

• 24c · Other expenses: Oil Expenses

  total $9,787 · management and general $9,787

• 24d · Other expenses: Dues

  total $7,796 · management and general $7,796

• 24e · All other expenses

  total $3,178 · management and general $3,178

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $46,815 · end of year $21,694

• 2 · Savings and temporary cash investments

  beginning of year $2,841,423 · end of year $2,960,709

• 3 · Pledges and grants receivable

  beginning of year $456,656 · end of year $378,847

• 9 · Prepaid expenses and deferred charges

  beginning of year $9,907 · end of year $10,400

• 11 · Investments: publicly traded securities

  beginning of year $33,561,639 · end of year $37,587,606

• 12 · Investments: other securities

  beginning of year $10,906,945 · end of year $13,307,029

• 15 · Other assets

  beginning of year $56,274 · end of year $66,211

• 17 · Accounts payable and accrued expenses

  beginning of year $1,771 · end of year $23,068

• 25 · Other liabilities

  beginning of year $54,055 · end of year $74,528

• 27 · Net assets without donor restrictions

  beginning of year $32,982,695 · end of year $37,890,276

• 28 · Net assets with donor restrictions

  beginning of year $14,841,138 · end of year $16,344,624

The filer's explanations (Part III)

Part I, Line 4b

Officers and key employees of Hays Medical Center, Inc., a related organization, are eligible to participate in a non-qualified retirement plan. Contributions from employer are contributed to the plan on an annual basis. Contributions to plan for Edward Herrman were $123,716.