American Respiratory Care Foundation is located in Irving, TX. The organization was established in 1970. According to its NTEE Classification (G45) the organization is classified as: Lung Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Respiratory Care Foundation 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, American Respiratory Care Foundation generated $303.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $330.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC ABOUT RESPIRATORY HEALTH, ASSIST IN THE TRAINING AND CONTINUING EDUCATION OF HEALTH CARE PROVIDERS, AND IMPROVE THE QUALITY OF OUR ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHERING THE ART, SCIENCE, QUALITY AND TECHNOLOGY OF RESPIRATORY CARE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tonya Winders Arcf Chair | OfficerTrustee | 1 | $0 |
Neil Macintyre Vice Chair/director | OfficerTrustee | 1 | $0 |
Terry Volsko Secretary/treasurer/direct | OfficerTrustee | 1 | $0 |
Sam Giordano Trustee | Trustee | 1 | $0 |
Lynda Goodfellow Trustee | Trustee | 1 | $2,000 |
Dean Hess Trustee | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $93,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $282,325 |
| Total Program Service Revenue | $0 |
| Investment income | $26,984 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,004 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,867 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation of current officers, directors, key employees. | $2,000 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,241 |
| Advertising and promotion | $0 |
| Office expenses | $4,911 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $118,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $32,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $330,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,846 |
| Savings and temporary cash investments | $77,150 |
| 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 | $5,043 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,030,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,788,661 |
| Accounts payable and accrued expenses | $18,972 |
| 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 | $182,879 |
| Total liabilities | $201,851 |
| Net assets without donor restrictions | $1,551,677 |
| Net assets with donor restrictions | $2,035,133 |
| 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 | $3,788,661 |
Over the last fiscal year, American Respiratory Care Foundation has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
US COPD COALITION INC PURPOSE: GRANT | $20,000 |
AMERICAN ASSOCIATION FOR RESPIRATORY CARE PURPOSE: GRANT | $50,000 |
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest Health Benefits Fund Houston, TX | $8,031,285 | $4,885,198 |
American Respiratory Care Foundation Irving, TX | $3,788,661 | $303,305 |
American Lung Assoc U W Mlz 05 500 6366116 Dallas, TX | $1,339,123 | $43,976 |
Louisiana Pulmonary Disease Campinc New Orleans, LA | $264,737 | $51,221 |
Blue Caboose Childrens Fund Mckinney, TX | $26,148 | $0 |
Respiraworks Tulsa, OK | $5,970 | $0 |