Jack & Nancy Ragland Memorial Tr 4261 is located in Orlando, FL. The organization was established in 0000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2023, Jack & Nancy Ragland Memorial Tr 4261 generated $108.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $70.5k during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR THE CLARK COUNTY REGIONAL MEDICAL CENTER LOCATED IN WINCHESTER, KENTUCKY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLARK REGIONAL FOUNDATION
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,280 |
| Dividends & Interest | $47,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,390 |
| Capital Gain Net Income | $59,390 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $108,080 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,331 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $496 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $15,337 |
| Contributions, gifts, grants paid | $55,145 |
| Total expenses and disbursements | $70,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $657 |
| Savings and temporary cash investments | $102,084 |
| 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 | $1,155,072 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,608,707 |
| 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 |