Form 990 for tax year 2022
Filed by FREE FOUNDATION FOR REHABILITATION EQUIPMENT & ENDOWMENT.
Totals
- Total revenue
- $1,289,934
- Total expenses
- $1,238,245
- Contributions and grants received
- $1,285,427
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $4,507
- Other revenue
- $0
- Total assets, end of year
- $724,965
- Total liabilities, end of year
- $194,833
- Net assets or fund balances, end of year
- $530,132
- Program services expenses (Part IX)
- $1,176,302
- Management and general expenses
- $40,437
- Fundraising expenses
- $21,506
- Program service expenses (Part III)
- $1,176,302
Program services were 95.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$233,488
-
1f · All other contributions, gifts and grants
$1,051,939
-
1g · Noncash contributions included above
$842,024
-
3 · Investment income
total $4,000 · excluded $4,000
-
7a · Gross sales of assets other than inventory
securities $107 · other assets $400
-
7c · Gain or loss
securities $107 · other assets $400
-
7d · Net gain or loss
total $507 · excluded $507
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $74,353 · program services $34,967 · management and general $23,632 · fundraising $15,754
-
7 · Other salaries and wages
total $183,902 · program services $183,902
-
9 · Other employee benefits
total $4,314 · program services $4,314
-
10 · Payroll taxes
total $18,370 · program services $1,543 · management and general $15,798 · fundraising $1,029
-
11c · Fees: accounting
total $20,528 · program services $20,528
-
12 · Advertising and promotion
total $6,484 · program services $6,484
-
13 · Office expenses
total $11,574 · program services $11,057 · management and general $313 · fundraising $204
-
16 · Occupancy
total $12,977 · program services $12,295 · management and general $413 · fundraising $269
-
17 · Travel
total $3,638 · program services $3,638
-
22 · Depreciation, depletion and amortization
total $17,663 · program services $17,663
-
23 · Insurance
total $17,142 · program services $17,142
-
24a · Other expenses: HOME MEDICAL EQUIPMENT
total $829,250 · program services $829,250
-
24b · Other expenses: DISASTER RELIEF
total $19,614 · program services $19,614
-
24c · Other expenses: TELEPHONE
total $7,821 · program services $7,821
-
24d · Other expenses: FUNDRAISING EXP
total $4,250 · fundraising $4,250
-
24e · All other expenses
total $6,365 · program services $6,084 · management and general $281
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $273,101 · end of year $361,819
-
8 · Inventories for sale or use
beginning of year $163,958 · end of year $175,980
-
10a · Land, buildings and equipment: cost or other basis
$226,937
-
10b · Land, buildings and equipment: accumulated depreciation
$175,659
-
10c · Land, buildings and equipment, net
beginning of year $51,487 · end of year $51,278
-
11 · Investments: publicly traded securities
beginning of year $138,255 · end of year $135,888
-
17 · Accounts payable and accrued expenses
beginning of year $3,158 · end of year $12,409
-
19 · Deferred revenue
beginning of year $125,372 · end of year $182,424
-
27 · Net assets without donor restrictions
beginning of year $372,899 · end of year $347,708
-
28 · Net assets with donor restrictions
beginning of year $125,372 · end of year $182,424
Mission and programs · 2022
Mission
TO PROVIDE HOME MEDICAL EQUIPMENT AND OTHER REHABILITATIVE EQUIPMENT TO INDIVIDUALS WHEN NOT AVAILABLE BY OTHER PUBLIC OR PRIVATE SOURCES
-
FOUNDATION FOR REHABILITATION EQUIPMENT AND ENDOWMENT(FREE), TAKES IN DONATED MOBILITY RELATED REHAB EQUIPMENT, SANITIZES AND REFURBISHES IT AND GIVES IT TO THOSE IN THE COMMUNITY WHO NEED IT BUT CANNOT AFFORD IT. THIS EQUIPMENT HELPS RECIPIENTS TO MAXIMIZE THEIR FUNCTIONAL INDEPENDENCE AND IMPROVE THEIR QUALITY OF LIFE. FREE QUALIFIES THESE INDIVIDUALS BASED ON MEDICAL AND FINANCIAL NEED SO AS TO NOT DUPLICATE SERVICES. ACCORDING TO LOCAL HEALTHCARE PROVIDERS, THERE ARE ON AVERAGE 1 IN 3 ADULTS RETURNING HOME FROM STROKE, SPINAL CORD INJURY, BRAIN INJURY AND OTHER SERIOUS ILLNESSES OR ACCIDENTS WITHOUT EQUIPMENT NEEDED TO RECOVER. THIS SIGNIFICANTLY LIMITS THEIR ABILITY TO BE MOBILE, PRODUCTIVE AND INDEPENDENT IN THEIR COMMUNITIES. THIS IMPACTS NOT ONLY THE UNDERSERVED INDIVIDUALS, BUT ALSO THEIR FAMILIES AND THE COMMUNITY THEY LIVE AND WORK IN. PEOPLE WHO GO WITHOUT NEEDED MOBILITY REHABILITATION EQUIPMENT FALL MORE OFTEN. WHEN THEY FALL, THEY WIND UP IN EMERGENCY ROOMS, HOSPITALS, NURSING HOMES AND ASSISTED LIVING FACILITIES. THEY LOSE THEIR MOBILITY AND THEIR INDEPENDENCE. IF THEY ARE UNINSURED OR UNDERINSURED THE COMMUNITIES THAT THEY LIVE IN, THE HEALTHCARE SYSTEMS THAT SERVE THEM AND THE LOCAL AND STATE GOVERNMENTS THAT PROVIDE SERVICES TO THEM ALL BEAR THE COST OF THEIR LOSS. WHEN FREE GIFTS EQUIPMENT, FALLS DROP BY OVER 90%. THIS RESULTS IN EQUALLY DRAMATIC DROPS (90%) IN ER VISITS, HOSPITAL STAYS AND TRANSFERS TO EXPENSIVE NURSING HOMES AND ASSISTED LIVING FACILITIES. THOSE IN NEED REGAIN THEIR MOBILITY AND INDEPENDENCE AND VIRGINIANS SAVE MILLIONS OF DOLLARS ANNUALLY. DUE TO THE CONTINUATION OF COVID-19 AND ALUMINUM SHORTAGE EARLY IN 2022, HEALTH SYSTEMS AND HEALTH CARE WORKERS DEPENDED HEAVILY ON FREE TO SUPPORT THEIR LOW-INCOME, UNDERINSURED CLIENTS IN NEED OF MEDICAL EQUIPMENT ASSISTING THEM IN ACQUIRING EQUIPMENT NEEDED TO EXIT THE HOSPITAL AND RETURN SAFELY HOME MORE QUICKLY DECREASING COVID-19 EXPOSURE/SPREAD. BASED ON CLIENT OUTCOMES, INCLUDING GREATER FUNCTIONAL INDEPENDENCE, DECREASED FALLS, DECREASED ER VISITS, DECREASED HOSPITAL RE-ADMISSIONS, AND AVOIDED PREMATURE NURSING HOME PLACEMENTS, FREE PROJECTS FOR EVERY 1 INVESTED IN FREE, WE GIVE BACK 81 IN VALUE OF DURABLE MEDICAL EQUIPMENT AND HEALTH CARE COST SAVINGS TO THE COMMUNITY.
Expenses $1,176,302
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bryan GregoryBRYAN GREGORY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Leah SavelyevLEAH SAVELYEV
PRESIDENT EL
- Total calculated
- $0
- Hours/week
- 5
-
Mike McGuireMIKE MCGUIRE
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Catherine KilbaneCATHERINE KILBANE
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Jim HainesJIM HAINES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Natasha ClaytorNATASHA CLAYTOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sara RuhlmanSARA RUHLMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Sheila PetersSHEILA PETERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Debbie RuffinDEBBIE RUFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Robin RamseyROBIN RAMSEY
EXECUTIVE DI
- Total calculated
- $74,353
- From this org
- $66,571
- From related orgs
- $0
- Other
- $7,782
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321299349300222
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