Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $97,230

• 1f · All other contributions, gifts and grants

  $162,518

• 1g · Noncash contributions included above

  $24,834

• 3 · Investment income

  total $700,659 · excluded $700,659

• 7a · Gross sales of assets other than inventory

  securities $3,675,498

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

  securities $3,658,311

• 7c · Gain or loss

  securities $17,187

• 7d · Net gain or loss

  total $17,187 · excluded $17,187

• 8a · Fundraising events: gross income

  $36,435

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

  $97,230

• 8b · Fundraising events: direct expenses

  $63,017

• 8c · Net income from fundraising events

  total -$26,582 · excluded -$26,582

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $20,378 · program services $20,378

• 11a · Fees: management

  total $436,057 · program services $261,634 · management and general $65,409 · fundraising $109,014

• 11f · Fees: investment management

  total $1,450 · management and general $1,450

• 12 · Advertising and promotion

  total $2,020 · fundraising $2,020

• 13 · Office expenses

  total $10,218 · fundraising $10,218

• 14 · Information technology

  total $8,148 · fundraising $8,148

• 16 · Occupancy

  total $1,320 · fundraising $1,320

• 17 · Travel

  total $2,463 · fundraising $2,463

• 19 · Conferences, conventions and meetings

  total $5,887 · fundraising $5,887

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $835 · fundraising $835

• 24b · Other expenses: BAD DEBT

  total $107 · fundraising $107

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $69,720 · end of year $205,997

• 2 · Savings and temporary cash investments

  beginning of year $28,603 · end of year $31,032

• 3 · Pledges and grants receivable

  beginning of year $853 · end of year $863

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,558 · end of year $3,005

• 11 · Investments: publicly traded securities

  beginning of year $21,158,132 · end of year $21,637,367

• 17 · Accounts payable and accrued expenses

  beginning of year $2,096 · end of year $111

• 25 · Other liabilities

  beginning of year $16,814,916 · end of year $15,622,514

• 27 · Net assets without donor restrictions

  beginning of year $3,754,546 · end of year $5,551,305

• 28 · Net assets with donor restrictions

  beginning of year $689,308 · end of year $704,334

The filer's explanations (Part III)

PART I, LINE 3

THE VISITING NURSE FOUNDATION (VNF) DOES NOT PAY COMPENSATION TO A CEO OR EXECUTIVE DIRECTOR. THE VISITING NURSE ASSOCIATION OF THE MIDLANDS (VNAM) PAYS THE COMPENSATION OF CAROLE PATRICK WHO SERVES AS THE TOP MANAGEMENT OFFICIAL OF VNF. CAROLE ALSO SERVES AS CEO OF THE VISITING NURSE ASSOCIATION OF THE MIDLANDS. VNAM UTILIZED THE FOLLOWING FOR DETERMINING HER COMPENSATION: FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY, AND APPROVAL BY THE BOARD.