Frontier Nursing Service Inc
- Assets
- $66.8m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Versailles, KY
- Founding
- 11/1988
- Data as of
- 04/2022
- EIN
- 61-1124266
Organization Overview
Frontier Nursing Service Inc is located in Versailles, KY. The organization was established in 1988. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Frontier Nursing Service Inc 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 04/2022, Frontier Nursing Service Inc generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $578.0k during the year ending 04/2022. While expenses have increased by 11.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.THE MISSION OF FRONTIER NURSING SERVICE, INCORPORATED IS TO RAISE, INVEST, AND DISTRIBUTE FUNDS TO SUPPORT FRONTIER NURSING UNIVERSITY. FUNDS SUPPORT STUDENT SCHOLARSHIPS, CAMPUS AND FACILITY NEEDS, FACULTY DEVELOPMENT, SPECIAL PROJECTS, AND GENERAL OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS PROVIDED TO FRONTIER NURSING UNIVERSITY FOR THE PROMOTION OF EDUCATION, HEALTH, AND SOCIAL WELFARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Coffin Chair And Board Member | OfficerTrustee | 1 | $0 |
Dr Susan Stone Chief Executive Officer | Officer | 1 | $0 |
Michael Steinmetz Chief Financial Officer | Officer | 1 | $0 |
Derek Bonifer Board Member | Trustee | 1 | $0 |
Constance Brotherton Board Member | Trustee | 1 | $0 |
Dr Peter Schwartz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $224,762 |
| Noncash contributions included in lines 1a–1f | $40,017 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $224,762 |
| Total Program Service Revenue | $0 |
| Investment income | $1,110,402 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,447,224 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,782,388 |
| 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 | $382,501 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $577,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $409,301 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $63,186,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,203,287 |
| Total assets | $66,798,964 |
| 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 | $42,386,779 |
| Total liabilities | $42,386,779 |
| Net assets without donor restrictions | $13,683,636 |
| Net assets with donor restrictions | $10,728,549 |
| 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 | $66,798,964 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Frontier Nursing Service Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Christian Word Ministries Inc Lexington, KY PURPOSE: SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $11,647,197 |
| Earnings | -$81,284 |
| Net Contributions | $37,699 |
| Other Expense | $304,867 |
| Grants | $570,196 |
| Ending Balance | $10,728,549 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somc Medical Care Foundation Inc Portsmouth, OH | $14,653,193 | $44,708,757 |
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
West Virginia University Hospitals East Inc Martinsburg, WV | $676,755 | $63,515,006 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Corvesta Inc Roanoke, VA | $82,180,783 | -$1,235,003 |
Associates Health Trust Solon, OH | $8,159,190 | $46,591,493 |