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Nonprofiteer
← COFFEE MEMORIAL BLOOD CENTER FOUNDATION

Form 990 for tax year 2022

Filed by COFFEE MEMORIAL BLOOD CENTER FOUNDATION.

Totals

Total revenue
$624,297
Total expenses
$402,408
Contributions and grants received
$91,052
Grants paid
$74,707
Program service revenue
$360,000
Investment income
$173,245
Other revenue
$0
Total assets, end of year
$7,453,882
Total liabilities, end of year
$1,661,292
Net assets or fund balances, end of year
$5,792,590
Program services expenses (Part IX)
$277,473
Management and general expenses
$124,935
Fundraising expenses
$0
Program service expenses (Part III)
$277,473

Program services were 69.0% 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.

  • 1f · All other contributions, gifts and grants

    $91,052

  • 2a · Program service revenue: LEASE-OKLAHOMA BLOOD INST

    total $360,000 · related or exempt $360,000

  • 3 · Investment income

    total $84,142 · excluded $84,142

  • 7a · Gross sales of assets other than inventory

    securities $1,186,181

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

    securities $1,097,078

  • 7c · Gain or loss

    securities $89,103

  • 7d · Net gain or loss

    total $89,103 · excluded $89,103

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $63,207 · program services $63,207

  • 2 · Grants to domestic individuals

    total $11,500 · program services $11,500

  • 11c · Fees: accounting

    total $19,950 · management and general $19,950

  • 11f · Fees: investment management

    total $26,248 · management and general $26,248

  • 16 · Occupancy

    total $1,276 · program services $1,136 · management and general $140

  • 17 · Travel

    total $518 · management and general $518

  • 20 · Interest

    total $79,924 · program services $71,132 · management and general $8,792

  • 22 · Depreciation, depletion and amortization

    total $91,634 · program services $81,554 · management and general $10,080

  • 23 · Insurance

    total $1,071 · program services $953 · management and general $118

  • 24a · Other expenses: MISCELLANEOUS

    total $59,089 · management and general $59,089

  • 24b · Other expenses: DONOR RECRUITMENT

    total $47,991 · program services $47,991

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $409 · end of year $409

  • 2 · Savings and temporary cash investments

    beginning of year $710,429 · end of year $507,883

  • 4 · Accounts receivable

    beginning of year $1,793 · end of year $319

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

    $4,955,277

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

    $1,369,800

  • 10c · Land, buildings and equipment, net

    beginning of year $3,583,903 · end of year $3,585,477

  • 11 · Investments: publicly traded securities

    beginning of year $2,750,064 · end of year $3,290,657

  • 15 · Other assets

    beginning of year $92,183 · end of year $69,137

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,344 · end of year $15,310

  • 19 · Deferred revenue

    beginning of year $30,000

  • 23 · Secured mortgages and notes payable

    beginning of year $1,840,620 · end of year $1,645,982

  • 27 · Net assets without donor restrictions

    beginning of year $5,264,408 · end of year $5,792,181

  • 28 · Net assets with donor restrictions

    beginning of year $409 · end of year $409

Mission and programs · 2022

Mission

THE FOUNDATION FUNDS EDUCATION OF THE GENERAL PUBLIC AND AWARENESS REGARDING THE USE OF BLOOD, BLOOD PRODUCTS, AND BLOOD COMPONENTS. THE FOUNDATION ALSO FUNDS RESEARCH AS TO THE BEST USES OF BLOOD, BLOOD PRODUCTS, AND BLOOD COMPONENTS FOR MEDICAL USES, AS WELL AS TO THE USE OF BLOOD AND BLOOD RELATED PRODUCTS FOR MEDICAL AND SCIENTIFIC ADVANCEMENT.

  • COFFEE MEMORIAL BLOOD CENTER FOUNDATION LEASES OPERATIONAL FACILITIES TO OKLAHOMA BLOOD INSTITUTE, ALSO A NON-PROFIT ORGANIZATION, TO FURTHER ITS STATED PURPOSED OF ENSURING A SAFE AND RELIABLE BLOOD SUPPLY FOR THE TEXAS PANHANDLE. THE FOUNDATION FUNDS EDUCATION OF THE GENERAL PUBLIC AND AWARENESS REGARDING THE USE OF BLOOD, BLOOD PRODUCTS, AND BLOOD COMPONENTS. THE FOUNDATION ALSO FUNDS RESEARCH AS TO THE BEST USES OF BLOOD, BLOOD PRODUCTS, AND BLOOD COMPONENTS FOR MEDICAL USES, AS WELL AS TO THE USE OF BLOOD AND BLOOD RELATED PRODUCTS FOR MEDICAL AND SCIENTIFIC ADVANCEMENT.

    Expenses $277,473 · Grants $74,707 · Revenue $360,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • CRAIG SPERRY

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KRISTI WEABER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS VEAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DON CERSOVSKY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRETT HICKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MILES BONIFIELD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEORGE LITTLEJOHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LACIE WHITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2022
Filed
26 June 2024
IRS schema version
2022v5.0
Source object
202401979349300015

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