Vizient Foundation Inc
- Assets
- $566.0k
- Revenue
- $450.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 01/1988
- Data as of
- 12/2021
- EIN
- 22-2710552
Organization Overview
Vizient Foundation Inc is located in Irving, TX. The organization was established in 1988. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vizient 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, Vizient Foundation Inc generated $450.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $231.9k during the year ending 12/2021. While expenses have increased by 45.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vizient Foundation Inc has awarded 23 individual grants totaling $349,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collen Risk Secretary Director | 0 | $0 | |
Franco Dooley Treasurer | 0 | $0 | |
Byron Jobe Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $450,034 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $450,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,008 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,980 |
| Interest | $0 |
| Taxes | $2,069 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $377 |
| Total operating and administrative expenses | $32,434 |
| Contributions, gifts, grants paid | $199,500 |
| Total expenses and disbursements | $231,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $566,013 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $566,013 |
| Accounts payable and accrued expenses | $21,243 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $44,101 |
| Total liabilities | $65,344 |
Grants Awarded
Over the last fiscal year, Vizient Foundation Inc has awarded $199,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
OCHSNER CLINIC FOUNDATION DBA OCHSNER HEALTH PURPOSE: LOUISIANA HURRICANE IDA DISASTER RELIEF REQUEST DECLARED AUGUST 29 2021 | $50,000 |
Houston, TX PURPOSE: TEXAS STORM DISASTER RELIEF REQUEST FEBRUARY 2021 | $25,000 |
BAYLOR SCOTT & WHITE DALLAS FOUNDATION PURPOSE: TEXAS STORM DISASTER RELIEF REQUEST FEBRUARY 2021 | $25,000 |
HOUSTON METHODIST PURPOSE: TEXAS STORM DISASTER RELIEF REQUEST FEBRUARY 2021 | $25,000 |
UNITYPOINT HEALTH -DES MOINES FOUNDATION PURPOSE: IOWA SEVERE STORM DISASTER RELIEF REQUEST AUGUST 2020 | $20,000 |
JPS HEALTH NETWORK PURPOSE: TEXAS STORM DISASTER RELIEF REQUEST FEBRUARY 2021 | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vizient Foundation Inc has recieved totaling $109,500.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $54,750 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $54,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Nurses Practitioners Inc Austin, TX | $38,614,675 | $21,262,371 |
Bst Health Services Corp San Antonio, TX | $1,565,270 | $16,345,646 |
Burleson Nursing & Rehab Center Inc Burleson, TX | $5,194,578 | $7,511,409 |
Lafourche Home For The Aged & Infirm Inc Thibodaux, LA | $9,112,140 | $6,370,569 |
Fairview Fellowship Home For Senior Citizens Incorporated Fairview, OK | $8,439,921 | $6,633,543 |
St Joseph Manor Thibodaux, LA | $12,261,980 | $2,416,836 |
Mustard Seed Autism Project Inc Arlington, TX | $451,135 | $1,669,331 |
New Mexico Nurse Practitioner Council Inc Albuquerque, NM | $346,193 | $269,425 |
Vizient Foundation Inc Irving, TX | $566,013 | $450,034 |
Hazel Street Nursing Association Pine Bluff, AR | $0 | -$38,543 |
Illinois Organization Of Nurse Leaders Little Rock, AR | $246,653 | $0 |
Ufcs Sugar Land, TX | $87,947 | $216,567 |