Healthsource Foundation
- Assets
- $1.8m
- Revenue
- $581.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Loveland, OH
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-4682089
Organization Overview
Healthsource Foundation is located in Loveland, OH. The organization was established in 2012. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthsource 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 12/2021, Healthsource Foundation generated $581.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $157.3k during the year ending 12/2021. While expenses have increased by 10.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HEALTHSOURCE FOUNDATION IS COMMITTED TO PROVIDING OPPORTUNITIES AND ENCOURAGING EXPRESSIONS OF SUPPORT TO IMPACT THE MISSION OF HEALTHSOURCE OF OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTHSOURCE FOUNDATION SHALL BE THE SOLE PHILANTHROPIC FUNDRAISING ARM OF HEALTHSOURCE OF OHIO AND ENDOW THE MISSION OF HEALTHSOURCE OF OHIO, TO - PROMOTE COMMUNITY AWARENESS AND ENGAGEMENT IN THE SUPPORT OF QUALITY PRIMARY HEALTH CARE FOR ALL PERSONS IN THE REGIONS THAT HEALTHSOURCE OF OHIO SERVES; AND - TO EDUCATE THE COMMUNITY ON HEALTHCARE ISSUES AND CONCERNS THAT LIMIT ACCESS TO PRIMARY CARE SERVICES THAT THE COMMUNITY HAS THE OPPORTUNITY TO IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Koford Chairperson | OfficerTrustee | 1 | $0 |
Kimberly Patton Hso CEO | Officer | 1 | $0 |
Steve Hood Past Chairperson | Trustee | 1 | $0 |
Kosta Elefter Member | Trustee | 1 | $0 |
Sandy Mongold Member | Trustee | 1 | $0 |
Randy Riley Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,700 |
| Related organizations | $385,625 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,621 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $566,946 |
| Total Program Service Revenue | $0 |
| Investment income | $18,659 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,638 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,734 |
| Advertising and promotion | $150 |
| Office expenses | $18,535 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,012 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,077 |
| All other expenses | $0 |
| Total functional expenses | $157,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,623 |
| Savings and temporary cash investments | $1,410,252 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,175 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,754,050 |
| Accounts payable and accrued expenses | $6,900 |
| 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 | $6,900 |
| Net assets without donor restrictions | $1,747,150 |
| Net assets with donor restrictions | $0 |
| 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 | $1,754,050 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Healthsource Foundation has recieved totaling $551.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $551 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Home Of Bradford Pa Bradford, PA | $26,433,837 | $14,233,894 |
Indiana Masonic Home Foundation Incorporated Indianapolis, IN | $99,812,829 | $12,316,628 |
Inglis Foundation Philadelphia, PA | $233,825,090 | $16,920,191 |
The Watson Institute Sewickley, PA | $170,930,648 | $13,658,608 |
Kidsvoice Pennsylvania Inc Pittsburgh, PA | $7,340,747 | $6,599,088 |
Stoneridge Retirement Living Communities Inc Myerstown, PA | $4,364,446 | $5,435,180 |
Sisters Of Charity Foundation Of Canton Cleveland, OH | $111,250,604 | $3,627,612 |
Enterprise Zone Education And Training Center Corporation Evansville, IN | $4,249,617 | $5,412,109 |
Early Childhood Resource Center Cleveland, OH | $3,858,809 | $4,039,118 |
Sunset Legacy Foundation Jenison, MI | $5,636,238 | $2,457,486 |
Green Hills Foundation West Liberty, OH | $7,049,726 | $3,722,965 |
Leader Dogs For The Blind Foundation Rochester Hills, MI | $71,517,820 | $5,571,378 |