Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $54,403

• 1e · Government grants (contributions)

  $5,237,136

• 1f · All other contributions, gifts and grants

  $667,373

• 1g · Noncash contributions included above

  $8,448

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $101,872,081 · related or exempt $101,872,081

• 2b · Program service revenue: INDIGENT FUND REVENUE

  total $4,024,238 · related or exempt $4,024,238

• 3 · Investment income

  total $113,584 · excluded $113,584

• 7a · Gross sales of assets other than inventory

  securities $924

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

  securities $0

• 7c · Gain or loss

  securities $924

• 7d · Net gain or loss

  total $924 · excluded $924

• 8a · Fundraising events: gross income

  $4,726

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

  $54,403

• 8b · Fundraising events: direct expenses

  $13,236

• 8c · Net income from fundraising events

  total -$8,510 · excluded -$8,510

• 11a · Other revenue: FOOD SERVICE INCOME

  total $252,439 · related or exempt $252,439

• 11b · Other revenue: OTHER MISC REVENUE

  total $148,669 · related or exempt $148,669

• 11e · Other revenue, total

  $401,108

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $952,006 · program services $952,006

• 5 · Compensation of officers, directors and key employees

  total $1,221,796 · program services $935,428 · management and general $286,368

• 7 · Other salaries and wages

  total $38,684,519 · program services $29,616,532 · management and general $9,067,987

• 8 · Pension plan contributions

  total $733,331 · program services $561,431 · management and general $171,900

• 9 · Other employee benefits

  total $4,994,233 · program services $3,823,544 · management and general $1,170,689

• 10 · Payroll taxes

  total $3,010,190 · program services $2,304,577 · management and general $705,613

• 11b · Fees: legal

  total $390,317 · program services $32,126 · management and general $358,191

• 11c · Fees: accounting

  total $105,503 · management and general $105,503

• 11g · Fees: other

  total $16,960,442 · program services $13,944,408 · management and general $3,016,034

• 12 · Advertising and promotion

  total $141,970 · program services $11,685 · management and general $130,285

• 13 · Office expenses

  total $1,519,562 · program services $942,892 · management and general $576,670

• 14 · Information technology

  total $321,960 · program services $288,933 · management and general $33,027

• 16 · Occupancy

  total $2,337,353 · program services $1,069,982 · management and general $1,267,371

• 17 · Travel

  total $136,079 · program services $30,569 · management and general $105,510

• 20 · Interest

  total $47,872 · management and general $47,872

• 22 · Depreciation, depletion and amortization

  total $2,051,580 · program services $1,456,622 · management and general $594,958

• 23 · Insurance

  total $2,321,588 · program services $1,974,686 · management and general $346,902

• 24a · Other expenses: MEDICAL SUPPLIES

  total $10,492,380 · program services $9,416,071 · management and general $1,076,309

• 24b · Other expenses: BAD DEBT EXPENSE

  total $6,215,565 · program services $6,215,565

• 24c · Other expenses: HOSPITAL TAX

  total $2,035,612 · program services $167,544 · management and general $1,868,068

• 24d · Other expenses: HDAA ASSESSMENT

  total $1,905,394 · program services $156,826 · management and general $1,748,568

• 24e · All other expenses

  total $4,595,461 · program services $1,637,042 · management and general $2,958,419

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,545,021 · end of year $5,906,266

• 2 · Savings and temporary cash investments

  beginning of year $11,592,199 · end of year $9,210,255

• 3 · Pledges and grants receivable

  beginning of year $296,554 · end of year $381,823

• 4 · Accounts receivable

  beginning of year $8,417,882 · end of year $17,869,080

• 7 · Other notes and loans receivable

  beginning of year $13,580 · end of year $11,630

• 8 · Inventories for sale or use

  beginning of year $997,481 · end of year $1,064,449

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,394,308 · end of year $1,557,804

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

  $47,297,824

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

  $30,355,716

• 10c · Land, buildings and equipment, net

  beginning of year $12,748,059 · end of year $16,942,108

• 11 · Investments: publicly traded securities

  beginning of year $94,955 · end of year $100,670

• 14 · Intangible assets

  beginning of year $132,168 · end of year $110,967

• 15 · Other assets

  beginning of year $3,226,874 · end of year $3,446,463

• 17 · Accounts payable and accrued expenses

  beginning of year $10,446,851 · end of year $12,323,010

• 19 · Deferred revenue

  beginning of year $41,536 · end of year $44,570

• 25 · Other liabilities

  beginning of year $2,869,784 · end of year $3,943,819

• 27 · Net assets without donor restrictions

  beginning of year $27,234,881 · end of year $39,838,390

• 28 · Net assets with donor restrictions

  beginning of year $1,866,029 · end of year $451,726

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A

CONNIE PREWITT, CFO, IS PROVIDED AN AUTOMOBILE ALLOWANCE THAT IS INCLUDED IN W-2 TAXABLE WAGES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• TAOS PROFESSIONAL SERVICES

  CLINIC · NM · income $5,660,219 · assets $988,218

  Directly controlled by TAOS HEALTH SYSTEMS INC