Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $215,000

• 1f · All other contributions, gifts and grants

  $891,573

• 2f · All other program service revenue

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

• 3 · Investment income

  total $107,958 · excluded $107,958

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $544,515

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

  securities $251,278

• 7c · Gain or loss

  securities $293,237 · other assets $0

• 7d · Net gain or loss

  total $293,237 · excluded $293,237

• 8c · Net income from fundraising events

  total $0

• 11d · All other revenue

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

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $708,517 · program services $708,517

• 2 · Grants to domestic individuals

  total $54,303 · program services $54,303

• 11a · Fees: management

  total $85,000 · management and general $85,000

• 11g · Fees: other

  total $34,605 · program services $34,605 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $3,535 · program services $3,535

• 24a · Other expenses: MEDICAL SERVICES

  total $30,007 · program services $30,007

• 24b · Other expenses: DONOR RECOGNITION

  total $5,179 · program services $5,179

• 24c · Other expenses: SERENITY GARDEN

  total $1,669 · program services $1,669

• 24d · Other expenses: MISCELLANEOUS EXPENSE

  total $78 · program services $78

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $501,831 · end of year $496,094

• 3 · Pledges and grants receivable

  beginning of year $73 · end of year $615,709

• 4 · Accounts receivable

  beginning of year $855 · end of year $201

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $125,270 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $12,628 · end of year $13,422

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

  $0

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

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $3,937,080 · end of year $3,854,018

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $425 · end of year $1,425

• 18 · Grants payable

  beginning of year $21,291 · end of year $0

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $2,247,518 · end of year $866,837

• 28 · Net assets with donor restrictions

  beginning of year $2,309,353 · end of year $4,114,032

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

RELATED ORGANIZATION, MORRIS HOSPITAL, PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR CERTAIN EXECUTIVES AND PHYSICIANS. CONTRIBUTIONS TO THE PLAN ARE USED TO PURCHASE A LIFE INSURANCE POLICY IN THE NAME OF THE PARTICIPANT. PREMIUMS PAID BY THE HOSPITAL FOR THE INSURANCE POLICY ARE TAXABLE TO THE PARTICIPANT AND INCLUDED ON THEIR W-2 REPORTABLE COMPENSATION ALONG WITH A GROSS UP TAX PAYMENT IN THE YEAR PAID. THE FOLLOWING INDIVIDUALS PARTICIPATE IN THE PLAN: - THOMAS DOHM - MICHAEL LAWRENCE

Schedule J, Part I, Line 3 METHODS USED TO DETERMINE COMPENSATION OF CEO

ALL FOUNDATION PERSONNEL ARE EMPLOYEES OF A RELATED ORGANIZATION. MORRIS HOSPITAL, THE COMPENSATION POLICIES AND PROCEDURES FOR FOUNDATION PERSONNEL ARE DETERMINED BY MORRIS HOSPITAL. SEE MORRIS HOSPITAL FORM 990, SCHEDULE J FOR MORE INFORMATION.