Form 990 for tax year 2022

Filed by POINT WASHINGTON MEDICAL CLINIC INC.

Totals

Total revenue: $1,187,863
Total expenses: $467,023
Contributions and grants received: $1,007,834
Grants paid: $0
Program service revenue: $18,981
Investment income: $7,195
Other revenue: $153,853
Total assets, end of year: $2,694,692
Total liabilities, end of year: $7,009
Net assets or fund balances, end of year: $2,687,683
Program services expenses (Part IX): $456,819
Management and general expenses: $3,262
Fundraising expenses: $6,942
Program service expenses (Part III): $456,819

Program services were 97.8% 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

$1,007,834
1g · Noncash contributions included above

$85,916
2a · Program service revenue: Medical Services

total $18,981 · related or exempt $18,981
3 · Investment income

total $7,195 · excluded $7,195
8a · Fundraising events: gross income

$223,771
8b · Fundraising events: direct expenses

$70,068
8c · Net income from fundraising events

total $153,703 · excluded $153,703
11a · Other revenue: Unrealized Investment

total $150 · excluded $150
11e · Other revenue, total

$150

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $77,961 · program services $77,961
10 · Payroll taxes

total $5,964 · program services $5,964
11c · Fees: accounting

total $23,185 · program services $19,707 · management and general $1,159 · fundraising $2,319
11g · Fees: other

total $535 · program services $535
12 · Advertising and promotion

total $8,299 · program services $7,189 · fundraising $1,110
13 · Office expenses

total $11,095 · program services $10,944 · management and general $151
16 · Occupancy

total $18,686 · program services $18,686
19 · Conferences, conventions and meetings

total $4,962 · program services $4,962
20 · Interest

total $241 · management and general $241
22 · Depreciation, depletion and amortization

total $26,343 · program services $26,343
23 · Insurance

total $936 · program services $936
24a · Other expenses: Contract Labor - Physic

total $175,623 · program services $175,623
24b · Other expenses: Medical Supplies

total $48,206 · program services $48,206
24c · Other expenses: Lab Fees

total $25,216 · program services $25,216
24d · Other expenses: Collection Costs

total $6,312 · program services $2,717 · management and general $82 · fundraising $3,513
24e · All other expenses

total $33,459 · program services $31,830 · management and general $1,629

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,641,022 · end of year $1,570,724
3 · Pledges and grants receivable

beginning of year $130,000 · end of year $5,000
8 · Inventories for sale or use

beginning of year $52,179 · end of year $84,253
9 · Prepaid expenses and deferred charges

beginning of year $3,775 · end of year $10,372
10a · Land, buildings and equipment: cost or other basis

$166,212
10b · Land, buildings and equipment: accumulated depreciation

$64,746
10c · Land, buildings and equipment, net

beginning of year $88,549 · end of year $101,466
15 · Other assets

beginning of year $55,879 · end of year $922,877
17 · Accounts payable and accrued expenses

beginning of year $4,032 · end of year $6,720
19 · Deferred revenue

beginning of year $529
25 · Other liabilities

beginning of year $0 · end of year $289
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $1,966,843 · end of year $2,687,683

Mission and programs · 2022

Mission

The mission of Point Washington Medical Clinic (PWMC) is to build a stronger and healthier community by providing high quality primary health care regardless of the patient's means or access. By being volunteer driven, PWMC's own costs will be maintained at a substantially lower cost per patient than other providers.

Activities or mission (Part I)

Free healthcare clinic in Walton County, Florida

Expenses $456,819 · Revenue $18,981

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

Listed in Part VII

Hillary Glenn

Executive Director

Total calculated

$175,623

From this org

$175,623

From related orgs

$0

Other

$0

Hours/week

50

Schedule J breakdown matched by us

Base

$168,000

Bonus

$0

Other

$7,623

Deferred

$0

Nontaxable benefits

$0

Filer's total

$175,623
Philip Justiss

Chairman, Director

Total calculated

$0

Hours/week

1
Mark McDavid

Vice Chairman, Director

Total calculated

$0

Hours/week

1
Josh Trapp

Treasurer, Director

Total calculated

$0

Hours/week

1
Leigh Taub

Secretary, Director

Total calculated

$0

Hours/week

10
Jacqueline Ward

Director

Total calculated

$0

Hours/week

2
Shannon Kramolis

Director

Total calculated

$0

Hours/week

5
Mike Gavigan

Director

Total calculated

$0

Hours/week

1
Rosanne Crocker

Director

Total calculated

$0

Hours/week

1
Judy Brock

Director

Total calculated

$0

Hours/week

1
Grove Fisher

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Written employment contract

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3: Hillary Glenn's contract salary compensation is for both her provision of medical services to patients served by the organization and her role as Executive Director.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202333199349317498

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