Fisher House Foundation Inc
- Assets
- $70.1m
- Revenue
- $49.1m
- Investments
- $0.0
- Employees
- 33
- Location
- Rockville, MD
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 11-3158401
Organization Overview
Fisher House Foundation Inc is located in Rockville, MD. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Fisher House Foundation Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fisher House Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fisher House Foundation Inc generated $49.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $24.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Fisher House Foundation Inc has awarded 12 individual grants totaling $255,824,805. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSTRUCT AND FURNISH FISHER HOUSES, PROVIDE ASSISTANCE AND SCHOLARSHIPS TO MILITARY FAMILIES AND CHILDREN & ENHANCE THE QUALITY OF LIFE FOR VETERANS AND ARMED FORCES MEMBERS.
Describe the Organization's Program Activity:
TO PROMOTE AND ENHANCE THE PUBLIC PERCEPTION AND IMAGE OF FISHER HOUSES AND THE UNITED STATES ARMED FORCES; TO CONSTRUCT AND FURNISH FISHER HOUSES TO TEMPORARILY HOUSE FAMILIES AND LOVED ONES VISITING MILITARY PERSONNEL IN HOSPITALS AND TO PROVIDE THE SAME FOR OTHER PERSONS QUALIFIED TO USE SUCH FACILITIES; TO PROVIDE FINANCIAL ASSISTANCE TO CURRENT MEMBERS OF THE UNITED STATES ARMED FORCES, VETERANS AND THEIR FAMILIES; AND TO MAKE SCHOLARSHIPS AVAILABLE TO MEMBERS OF MILITARY FAMILIES RECOGNIZING THE READINESS OF THE MILITARY AND THE ROLE OF THE COMMISSARY IN THE MILITARY COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr David A Coker President | Officer | 40 | $496,454 |
Ms Mary B Considine Chief Of Staff | Officer | 40 | $201,820 |
Mrs Leticia Stropes Vp, Strategic Initiatives | Officer | 40 | $190,086 |
Mr Brian Gawne Vp, Community Relations | Officer | 40 | $172,099 |
Mrs Denise Dolan Vp, Development | Officer | 40 | $171,518 |
Mrs Michelle Horn Vp, Communications | Officer | 40 | $159,388 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tony Garczynski Development Construction | 12/30/21 | $388,383 |
Emerald Construction Company Construction | 12/30/21 | $629,422 |
Confluent Design Website Maintenance | 12/30/21 | $480,000 |
Neeser Construction Construction | 12/30/21 | $4,284,817 |
Revision Design Llc Interior Design | 12/30/21 | $2,527,853 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $410,286 |
| Membership dues | $0 |
| Fundraising events | $740,279 |
| Related organizations | $0 |
| Government grants | $2,869,221 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,969,169 |
| Noncash contributions included in lines 1a–1f | $2,533,176 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,988,955 |
| Total Program Service Revenue | $0 |
| Investment income | $73,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,694 |
| Net Income from Fundraising Events | $1,201 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,075,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,259,301 |
| Grants and other assistance to domestic individuals. | $5,056,336 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,564,205 |
| Compensation of current officers, directors, key employees. | $569,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,009,384 |
| Pension plan accruals and contributions | $76,678 |
| Other employee benefits | $373,917 |
| Payroll taxes | $221,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,557 |
| Fees for services: Accounting | $83,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $783,171 |
| Advertising and promotion | $0 |
| Office expenses | $653,843 |
| Information technology | $917,076 |
| Royalties | $0 |
| Occupancy | $238,537 |
| Travel | $137,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,959 |
| Insurance | $13,644 |
| All other expenses | $0 |
| Total functional expenses | $24,150,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,743 |
| Savings and temporary cash investments | $44,482,786 |
| Pledges and grants receivable | $8,042,136 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $455,346 |
| Net Land, buildings, and equipment | $66,244 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,851,079 |
| Total assets | $70,108,334 |
| Accounts payable and accrued expenses | $1,511,176 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $160,609 |
| Total liabilities | $1,671,785 |
| Net assets without donor restrictions | $53,784,787 |
| Net assets with donor restrictions | $14,651,762 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,108,334 |
Grants Awarded
Over the last fiscal year, Fisher House Foundation Inc has awarded $11,238,867 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHMENT A PURPOSE: n/a | $7,995,548 |
SEE ATTACHMENT A PURPOSE: n/a | $3,243,319 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Fisher House Foundation Inc has recieved totaling $75,250.
| Awarding Organization | Amount |
|---|---|
Energy Transfer Sunoco Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
American Legion Chesapeake Beach, MD PURPOSE: Donation | $20,000 |
C Scott And Dorothy E Watkins Charitable Foundation West Jordan, UT PURPOSE: CHARITABLE USE | $10,000 |
Grace Nixon Foundation Walnut Creek, CA PURPOSE: GENERAL SUPPORT | $5,000 |
Caneel Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
The@arthur L & Lily D Walters Foundation Arlington, VA PURPOSE: ASSISTANCE FOR WOUNDED VETERANS | $2,500 |
Endowment Analysis
| Beg. Balance | $730,457 |
| Earnings | $376 |
| Ending Balance | $730,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mortgage Bankers Association Of America Washington, DC | $151,811,395 | $48,193,239 |
New America Foundation Washington, DC | $57,037,802 | $40,604,855 |
The One Campaign Washington, DC | $67,622,430 | $19,634,455 |
National Association Of County And City Health Officials Washington, DC | $14,670,823 | $33,691,939 |
The Albert B Sabin Vaccine Institute Inc Washington, DC | $18,738,050 | $26,913,156 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
St Coletta Of Greater Washington Inc Washington, DC | $37,883,272 | $21,114,468 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |