Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $33,794

• 1f · All other contributions, gifts and grants

  $206,721

• 3 · Investment income

  total $59,084 · excluded $59,084

• 7a · Gross sales of assets other than inventory

  securities $6,168

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

  securities $0

• 7c · Gain or loss

  securities $6,168

• 7d · Net gain or loss

  total $6,168 · excluded $6,168

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $309,371 · program services $309,371

• 7 · Other salaries and wages

  total $114,227 · program services $42,835 · management and general $42,835 · fundraising $28,557

• 8 · Pension plan contributions

  total $3,573 · program services $1,340 · management and general $1,340 · fundraising $893

• 9 · Other employee benefits

  total $17,512 · program services $6,567 · management and general $6,567 · fundraising $4,378

• 10 · Payroll taxes

  total $8,549 · program services $3,206 · management and general $3,206 · fundraising $2,137

• 11f · Fees: investment management

  total $13,472 · management and general $13,472

• 11g · Fees: other

  total $16,500 · management and general $16,500

• 12 · Advertising and promotion

  total $4,468 · program services $808 · management and general $3,660

• 13 · Office expenses

  total $8,226 · program services $2,225 · management and general $6,001

• 17 · Travel

  total $386 · management and general $386

• 24a · Other expenses: Administrative Expenses

  total $4,846 · management and general $4,846

• 24b · Other expenses: Dues and Subscriptions

  total $833 · management and general $833

• 24c · Other expenses: Purchased services

  total $800 · management and general $800

• 24d · Other expenses: Bank Fees

  total $200 · management and general $200

• 24e · All other expenses

  total $5,534 · program services $5,534

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,542,962 · end of year $2,108,861

• 3 · Pledges and grants receivable

  beginning of year $424,241 · end of year $185,982

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,460

• 11 · Investments: publicly traded securities

  beginning of year $1,899,773 · end of year $2,161,785

• 12 · Investments: other securities

  beginning of year $1,025 · end of year $1,025

• 19 · Deferred revenue

  end of year $26,204

• 25 · Other liabilities

  beginning of year $1,129,239 · end of year $1,622,993

• 27 · Net assets without donor restrictions

  beginning of year $1,327,593 · end of year $1,414,440

• 28 · Net assets with donor restrictions

  beginning of year $1,423,629 · end of year $1,394,016

The filer's explanations (Part III)

Part I, Line 3

Alisa Coleman, President, is compensated by Deaconess Health System, an unrelated organization for services to the Foundation and related entities. Deaconess Health System uses some of the processes described in Part I, Question 3 to help determine appropriate compensation for the President. Compensation approval is done by the Board of Directors or Compensation Committee of Deaconess Health System.

Part I, Line 6

Incentive compensation is based on operating margin performance which is affected by the net earnings. If the operating margin is low there is no payout. The incentive payment is also based on the successful achievement of established inpatient satisfaction measures, outpatient satisfaction measures, and compliance with publicly reported quality indicators, as well as other technical and personal functional goals of the related organizations. The incentive compensation programs are formulated to reward behavior that balances patient needs and the efficient delivery of patient care to ensure the best outcomes are achieved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Baptist Health Deaconess LLC

  Management · KY

• Baptist Health Deaconess Home Care LLC

  Home Care Services · OH