Medic One Foundation
- Assets
- $7.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Bellevue, WA
- Founding
- 05/1975
- Data as of
- 12/2021
- EIN
- 91-6183158
Organization Overview
Medic One Foundation is located in Bellevue, WA. The organization was established in 1975. As of 12/2021, Medic One Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medic One 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, Medic One Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 1.8% 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.
Since 2015, Medic One Foundation has awarded 38 individual grants totaling $6,992,363. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARAMEDIC TRAINING & CONTINUING EDUCATION - THE ORGANIZATION PROVIDED TRAINING FOR 23 PARAMEDICS FROM JEFFERSON, KING, AND SNOHOMISH COUNTIES; FUNDED 120 HOURS OF CONTINUING MEDICAL EDUCATION FOR 270 SEATTLE AND KING COUNTY PARAMEDICS; PURCHASED ADDITIONAL TRAINING MANIKINS SO THAT PARAMEDIC STUDENTS COULD MEET SOCIAL DISTANCING REQUIREMENTS.
INSTALL PULSEPOINT, A MOBILE APPLICATION THAT WILL ALERT CPR-TRAINED CITIZENS TO A NEARBY SUDDEN CARDIAC ARREST IN ORDER TO GET CPR STARTED IN THE CRITICAL LIFESAVING MINUTES BEFORE FIRST RESPONDERS ARRIVE FOR KING AND SNOHOMISH COUNTIES.
THE FOUNDATION FUNDED 13 EMERGENCY EQUIPMENT GRANTS TO BAINBRIDGE ISLAND FIRE DEPARTMENT, KING COUNTY FIRE DISTRICT #2, KING COUNTY FIRE DISTRICT #47, LEWIS COUNTY FIRE DISTRICT #9, NORTH COUNTY REGIONAL FIRE AUTHORITY, NORTH KITSAP FIRE AND RESCUE, POULSBO FIRE DEPARTMENT, PUGET SOUND REGIONAL FIRE AUTHORITY, REDMOND FIRE DEPARTMENT, SHORELINE FIRE DEPARTMENT, SNOHOMISH COUNTY FIRE DISTRICT #4, SNOHOMISH COUNTY FIRE DISTRICT #25, AND SNOQUALMIE PASS FIRE AND RESCUE.
GRANTS FOR SPECIAL PROJECTS RELATED TO PRE-HOSPITAL EMERGENCY SERVICES. CITIZEN CPR TRAINING AND EDUCATION, EMERGENCY MEDICAL TECHNICIAN (EMT) SCHOLARSHIPS, FIRE AND EMS ADVANCEMENT, VIAL OF LIFE, MENTAL HEALTH RESILIENCE TRAINING, COVID-19 GRATITUDE MEALS, MEDIC ONE COMMUNITY AWARENESS AND OTHER SPECIAL PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janett Sprake Former Executive Director | Officer | 45 | $165,999 |
Kimberly Duncan Martin Executive Director | Officer | 45 | $163,156 |
Sara Oshikawa-Clay Director Of Philanthropy | 32 | $115,805 | |
John Mcgary Secretary | OfficerTrustee | 2 | $0 |
Richard E Spangler Jr Past President | OfficerTrustee | 1 | $0 |
Brooks H Simpson President | OfficerTrustee | 2 | $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 | $2,157,023 |
| Noncash contributions included in lines 1a–1f | $283,590 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,157,023 |
| Total Program Service Revenue | $0 |
| Investment income | $81,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $342,905 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,056,977 |
| 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. | $329,155 |
| Compensation of current officers, directors, key employees. | $148,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $282,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,776 |
| Payroll taxes | $53,501 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $149 |
| Fees for services: Accounting | $19,445 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,191 |
| Fees for services: Other | $90,982 |
| Advertising and promotion | $62,542 |
| Office expenses | $50,273 |
| Information technology | $9,034 |
| Royalties | $0 |
| Occupancy | $59,535 |
| Travel | $2,929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,567 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,285,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,674 |
| Savings and temporary cash investments | $2,114,167 |
| Pledges and grants receivable | $105,900 |
| 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 | $15,074 |
| Net Land, buildings, and equipment | $10,488 |
| Investments—publicly traded securities | $4,568,294 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $82,570 |
| Total assets | $7,018,167 |
| Accounts payable and accrued expenses | $125,904 |
| Grants payable | $126,862 |
| 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 | $8,489 |
| Total liabilities | $261,255 |
| Net assets without donor restrictions | $3,915,668 |
| Net assets with donor restrictions | $2,841,244 |
| 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 | $7,018,167 |
Grants Awarded
Over the last fiscal year, Medic One Foundation has awarded $990,632 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WA PURPOSE: Paramedic training and education | $836,706 |
Pleasanton, CA PURPOSE: Pulsepoint license fee | $48,500 |
SNOHOMISH COUNTY 911 PURPOSE: Pulsepoint app installation and fees | $35,500 |
NORCOM PURPOSE: Pulsepoint app installation and fees | $35,500 |
NORTH SEATTLE COLLEGE PURPOSE: EMT scholarships | $16,000 |
SNOQUALMIE PASS FIRE AND RESCUE PURPOSE: Emergency medical equipment | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Medic One Foundation has recieved totaling $348,024.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $165,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; TO SUPPORT GIVEBIG | $66,901 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $48,741 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $27,900 |
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $10,250 |
San Juan Island Community Foundation Friday Harbor, WA PURPOSE: PROGRAM SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $1,432,459 |
| Earnings | $168,080 |
| Other Expense | $77,030 |
| Ending Balance | $1,523,509 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Region Emergency Medical Services Council Inc Anchorage, AK | $3,629,590 | $10,091,384 |
Medic One Foundation Bellevue, WA | $7,018,167 | $2,581,728 |
Copper River Emergency Medical Services Council Inc Glennallen, AK | $310,956 | $210,952 |
North Central Regional Ems & Trauma Care Council Wenatchee, WA | $306,050 | $248,195 |
North Region Emergency Medical Services & Trauma Care Council Anacortes, WA | $58,370 | $185,162 |
Institute For Emergency Medical Education Bellingham, WA | $134,978 | $68,057 |
Emergency Medical Services Council Of Whatcom County Bellingham, WA | $516,370 | $79,028 |