Answer Health Foundation
- Assets
- $106.9k
- Revenue
- $24.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 38-3522988
Organization Overview
Answer Health Foundation is located in Grand Rapids, MI. The organization was established in 2002. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, 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. Answer Health Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Bereza MD Treasurer | 1 | $0 | |
John Lagrand MD President | 1 | $0 | |
Michael App MD Secrectay | 1 | $0 | |
Khan Nedd MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $529 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,600 |
| Capital Gain Net Income | $1,600 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $146 |
| Total Revenue | $24,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,229 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $22,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,647 |
| Savings and temporary cash investments | $105,204 |
| 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 | $106,851 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Answer Health Foundation has awarded $20,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AREA AGENCY ON AGING OF WESTERN MICHIGAN INC PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |
EXALTA HEALTH PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |
GUIDING LIGHT PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |
KIDS FOOD BASKET PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |
MEL TROTTER MINISTRIES PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |
OUR KITCHEN TABLE PURPOSE: HEALTH CARE/PHILANTHROPIC SUPPORT | $2,000 |