Tabitha Foundation
- Assets
- $16.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Lincoln, NE
- Founding
- 08/1981
- Data as of
- 12/2022
- EIN
- 47-0636199
Organization Overview
Tabitha Foundation is located in Lincoln, NE. The organization was established in 1981. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Tabitha Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tabitha 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, Tabitha Foundation generated $2.9m 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 (9.3%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 years. 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
THE TABITHA FOUNDATION IS A FOUNDATION THAT OPERATES FOR THE BENEFITS OF TABITHA, A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOTIVATED BY CHRISTIAN COMPASSION, TABITHA DELIVERS A CONTINUUM OF ELDER CARE SERVICES THAT PROMOTE DIGNITY, INDEPENDENCE, AND WELL-BEING OF OLDER ADULTS. THE TABITHA FOUNDATION IS A FOUNDATION THAT OPERATES FOR THE BENEFIT OF TABITHA, INC., A 501(C)(3) ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hesser Chair | OfficerTrustee | 0.1 | $0 |
James Anderson Vice Chair | OfficerTrustee | 0.1 | $0 |
Bryan Seck Director | Trustee | 0.1 | $0 |
Neal Lyons Director | Trustee | 0.1 | $0 |
Renee Sjulin Director | Trustee | 0.1 | $0 |
Clark Anderson Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $294,352 |
| Related organizations | $0 |
| Government grants | $89,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,148,214 |
| Noncash contributions included in lines 1a–1f | $20,363 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,532,550 |
| Total Program Service Revenue | $0 |
| Investment income | $262,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $145,991 |
| Net Income from Fundraising Events | -$24,508 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,917,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,276,357 |
| 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 | $265,402 |
| Pension plan accruals and contributions | $4,504 |
| Other employee benefits | $10,832 |
| Payroll taxes | $17,623 |
| 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 | $55,321 |
| Fees for services: Other | $2,466 |
| Advertising and promotion | $27,870 |
| Office expenses | $37,236 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1 |
| 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 | $17,046 |
| Insurance | $0 |
| All other expenses | $6,085 |
| Total functional expenses | $3,746,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $731,803 |
| Savings and temporary cash investments | $1,471,825 |
| Pledges and grants receivable | $638,348 |
| Accounts receivable, net | $19,918 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $750,938 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $74,855 |
| Net Land, buildings, and equipment | $17,883 |
| Investments—publicly traded securities | $12,541,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,247,232 |
| Accounts payable and accrued expenses | $1,556,430 |
| 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 | $775,681 |
| Total liabilities | $2,332,111 |
| Net assets without donor restrictions | $10,226,377 |
| Net assets with donor restrictions | $3,688,744 |
| 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 | $16,247,232 |