Trilogy Health Services Foundation Inc
- Assets
- $1.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 20-5755082
Organization Overview
Trilogy Health Services Foundation Inc is located in Louisville, KY. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trilogy Health Services 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 12/2022, Trilogy Health Services Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Trilogy Health Services Foundation Inc has awarded 16 individual grants totaling $368,778. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE TRILOGY COMMUNITY FOUNDATION WAS FORMED TO PROVIDE EMERGENCY ASSISTANCE, EDUCATIONAL SCHOLARSHIPS AND COMMUNITY SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY ASSISTANCE - DUE TO THE NATURAL DISASTERS AND PERSONAL TRAGEDIES, THE FOUNDATION OFFERS ASSISTANCE TO TRILOGY HEALTH EMPLOYEES DURING TIMES OF CRISIS. FINANCIAL RESOURCES ARE PROVIDED TO HELP OFFSET EXPENSES SUCH AS TEMPORARY HOUSING, FOOD, CLOTHING AND TRANSPORTATION.THE COMPANY AWARDED 1,497 EMERGENCY ASSISTANCE GRANTS THAT WERE USED FOR MEDICAL CRISIS, PROPERTY LOSSES AND OTHER UNEXPECTED FINANCIAL NEEDS.
PUBLIC CHARITIES - ON AN ANNUAL BASIS, TRILOGY COMMUNITY FOUNDATION RAISES FUNDS FOR A VARIETY OF ORGANIZATIONS. THE GOAL IS TO GIVE BACK TO THE LOCAL COMMUNITIES IN WHICH TRILOGY HEALTH FACILITIES ARE LOCATED.
EMPLOYEE SCHOLARSHIPS - THE PURPOSE OF THIS PROGRAM IS TO EMPOWER TRILOGY HEALTH EMPLOYEES TO EXPAND THEIR EDUCATION THEREBY ACHIEVING HIGHER LEVELS OF PERSONAL FULFILLMENT AND INCREASED JOB SATISFACTION. THE FUNDS MAY BE USED TO COVER THE COST OF TUITION, BOOKS, LAB AND INCIDENTAL COSTS.
KNOCKOUT HUNGER - THE KNOCKOUT HUNGER THROUGH CARESHELF PROGRAM RAISES FOOD DONATIONS AND DOLLARS TO BE RESTRICTED FOR CARESHELF PROGRAMS AT TRILOGY HEALTH FACILITIES. THE CARESHELF PROGRAM PROVIDES AN ADDITIONAL RESOURCE OF FOOD ITEMS TO THOSE STRUGGLING WITH FOOD INSECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kitchen Chairman | OfficerTrustee | 1 | $0 |
Paulie Shively Director | Trustee | 1 | $0 |
Kris Wilson Director | Trustee | 1 | $0 |
Kristin Wingfield Vice Chairman | OfficerTrustee | 1 | $0 |
Carrie Lively Director | Trustee | 1 | $0 |
Kara Schotter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,613 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,911,952 |
| Noncash contributions included in lines 1a–1f | $35,227 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,059,565 |
| Total Program Service Revenue | $0 |
| Investment income | $26 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,880 |
| Net Gain/Loss on Asset Sales | $88,122 |
| Net Income from Fundraising Events | -$41,588 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,121,005 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,879 |
| Grants and other assistance to domestic individuals. | $1,030,310 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $442,937 |
| Fees for services: Legal | $187 |
| Fees for services: Accounting | $36,422 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,683 |
| Advertising and promotion | $9,433 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,181 |
| 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 | $298 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,730,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,345 |
| Savings and temporary cash investments | $1,200,026 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $126,881 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $283 |
| Total assets | $1,773,535 |
| Accounts payable and accrued expenses | $133,558 |
| 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 | $0 |
| Total liabilities | $133,558 |
| Net assets without donor restrictions | $1,639,852 |
| Net assets with donor restrictions | $125 |
| 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 | $1,773,535 |
Grants Awarded
Over the last fiscal year, Trilogy Health Services Foundation Inc has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KENTUCKY ASSOCIATION OF HEALTH CARE FACILITIES PURPOSE: FINANCIAL SUPPORT FOR DISASTER RELIEF | $10,000 |
JEFFERSON COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC PURPOSE: FINANCIAL SUPPORT FOR NURSING PROGRAM | $30,000 |