Mcpherson Healthcare Foundation
- Assets
- $2.4m
- Revenue
- $395.3k
- Investments
- $0.0
- Employees
- 0
- Location
- McPherson, KS
- Founding
- 04/1988
- Data as of
- 06/2023
- EIN
- 48-1043952
Organization Overview
Mcpherson Healthcare Foundation is located in McPherson, KS. The organization was established in 1988. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Mcpherson Healthcare 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 06/2023, Mcpherson Healthcare Foundation generated $395.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $486.4k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MCPHERSON HEALTHCARE FOUNDATION IS COMMITTED TO SECURING, MANAGING AND ALLOCATING FUNDS FOR THE ENHANCEMENT OF FACILITIES AND SERVICES PROVIDED BY MCPHERSON HOSPITAL, INC. IN MCPHERSON, KANSAS, AND CONTRIBUTING, IMPLEMENTING AND DEVELOPING PROJECTS AND PROGRAMS DEDICATED TO THE PROMOTION OF A COMPREHENSIVE HEALTHCARE SYSTEM FOR MCPHERSON COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL AID FOR THE OPERATIONS, MAINTENANCE AND RENOVATION OF THE HEALTHCARE FACILITIES AND SERVICES OF MCPHERSON HOSPITAL, INC., MCPHERSON, KANSAS.
GRANTS TO SUPPORT OPERATIONS AND EQUIPMENT PURCHASES FOR LOCAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Gately Chairperson | OfficerTrustee | 1 | $0 |
Pat Bruce Vice Chairperson | OfficerTrustee | 1 | $0 |
Jennifer Bonham Secretary/treasurer | OfficerTrustee | 1 | $0 |
Adrian Morales Director | Trustee | 1 | $0 |
Jennifer Kinzel Director | Trustee | 1 | $0 |
Jonathan Rothrock Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $240,554 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $327,944 |
| Total Program Service Revenue | $0 |
| Investment income | $83,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,908 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $395,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $441,915 |
| Grants and other assistance to domestic individuals. | $1,000 |
| 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 | $22,695 |
| Fees for services: Other | $4,667 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $497 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $486,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,900 |
| Pledges and grants receivable | $6,630 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,344,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,418,448 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $48,100 |
| Net assets with donor restrictions | $2,370,348 |
| 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 | $2,418,448 |
Grants Awarded
Over the last fiscal year, Mcpherson Healthcare Foundation has awarded $434,542 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MCPHERSON HOSPITAL INC PURPOSE: Renovation of healthcare facilities and hospital equipment purchases. | $422,192 |
MCPHERSON HIGH SCHOOL PURPOSE: Support youth activities and fund athletic and technology equipment. | $12,350 |