Fisher House Foundation Inc
- Assets
- $70.1m
- Revenue
- $49.1m
- Investments
- $0.0
- Employees
- 33
- Location
- Rockville, MD
- Founding
- 09/1993
- Data as of
- 12/2021
- EIN
- 11-3158401
Organization Overview
Fisher House Foundation Inc is located in Rockville, MD. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Fisher House Foundation Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fisher House Foundation 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 12/2021, Fisher House Foundation Inc generated $49.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $24.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Fisher House Foundation Inc has awarded 12 individual grants totaling $255,824,805. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONSTRUCT AND FURNISH FISHER HOUSES, PROVIDE ASSISTANCE AND SCHOLARSHIPS TO MILITARY FAMILIES AND CHILDREN & ENHANCE THE QUALITY OF LIFE FOR VETERANS AND ARMED FORCES MEMBERS.
Describe the Organization's Program Activity:
TO PROMOTE AND ENHANCE THE PUBLIC PERCEPTION AND IMAGE OF FISHER HOUSES AND THE UNITED STATES ARMED FORCES; TO CONSTRUCT AND FURNISH FISHER HOUSES TO TEMPORARILY HOUSE FAMILIES AND LOVED ONES VISITING MILITARY PERSONNEL IN HOSPITALS AND TO PROVIDE THE SAME FOR OTHER PERSONS QUALIFIED TO USE SUCH FACILITIES; TO PROVIDE FINANCIAL ASSISTANCE TO CURRENT MEMBERS OF THE UNITED STATES ARMED FORCES, VETERANS AND THEIR FAMILIES; AND TO MAKE SCHOLARSHIPS AVAILABLE TO MEMBERS OF MILITARY FAMILIES RECOGNIZING THE READINESS OF THE MILITARY AND THE ROLE OF THE COMMISSARY IN THE MILITARY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr David A Coker President | Officer | 40 | $496,454 |
Ms Mary B Considine Chief Of Staff | Officer | 40 | $201,820 |
Mrs Leticia Stropes Vp, Strategic Initiatives | Officer | 40 | $190,086 |
Mr Brian Gawne Vp, Community Relations | Officer | 40 | $172,099 |
Mrs Denise Dolan Vp, Development | Officer | 40 | $171,518 |
Mrs Michelle Horn Vp, Communications | Officer | 40 | $159,388 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neeser Construction Construction | 12/30/21 | $4,284,817 |
Revision Design Llc Interior Design | 12/30/21 | $2,527,853 |
Emerald Construction Company Construction | 12/30/21 | $629,422 |
Confluent Design Website Maintenance | 12/30/21 | $480,000 |
Tony Garczynski Development Construction | 12/30/21 | $388,383 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $410,286 |
| Membership dues | $0 |
| Fundraising events | $740,279 |
| Related organizations | $0 |
| Government grants | $2,869,221 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,969,169 |
| Noncash contributions included in lines 1a–1f | $2,533,176 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,988,955 |
| Total Program Service Revenue | $0 |
| Investment income | $73,838 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,694 |
| Net Income from Fundraising Events | $1,201 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,075,688 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,259,301 |
| Grants and other assistance to domestic individuals. | $5,056,336 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,564,205 |
| Compensation of current officers, directors, key employees. | $569,990 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,009,384 |
| Pension plan accruals and contributions | $76,678 |
| Other employee benefits | $373,917 |
| Payroll taxes | $221,300 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,557 |
| Fees for services: Accounting | $83,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $783,171 |
| Advertising and promotion | $0 |
| Office expenses | $653,843 |
| Information technology | $917,076 |
| Royalties | $0 |
| Occupancy | $238,537 |
| Travel | $137,682 |
| 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 | $42,959 |
| Insurance | $13,644 |
| All other expenses | $0 |
| Total functional expenses | $24,150,879 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,743 |
| Savings and temporary cash investments | $44,482,786 |
| Pledges and grants receivable | $8,042,136 |
| 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 | $455,346 |
| Net Land, buildings, and equipment | $66,244 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,851,079 |
| Total assets | $70,108,334 |
| Accounts payable and accrued expenses | $1,511,176 |
| 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 | $160,609 |
| Total liabilities | $1,671,785 |
| Net assets without donor restrictions | $53,784,787 |
| Net assets with donor restrictions | $14,651,762 |
| 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 | $70,108,334 |
Grants Awarded
Over the last fiscal year, Fisher House Foundation Inc has awarded $11,238,867 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHMENT A PURPOSE: n/a | $7,995,548 |
SEE ATTACHMENT A PURPOSE: n/a | $3,243,319 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Fisher House Foundation Inc has recieved totaling $75,250.
| Awarding Organization | Amount |
|---|---|
Energy Transfer Sunoco Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $25,000 |
American Legion Chesapeake Beach, MD PURPOSE: Donation | $20,000 |
C Scott And Dorothy E Watkins Charitable Foundation West Jordan, UT PURPOSE: CHARITABLE USE | $10,000 |
Grace Nixon Foundation Walnut Creek, CA PURPOSE: GENERAL SUPPORT | $5,000 |
Caneel Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
The@arthur L & Lily D Walters Foundation Arlington, VA PURPOSE: ASSISTANCE FOR WOUNDED VETERANS | $2,500 |
Endowment Analysis
| Beg. Balance | $730,457 |
| Earnings | $376 |
| Ending Balance | $730,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mortgage Bankers Association Of America Washington, DC | $151,811,395 | $48,193,239 |
New America Foundation Washington, DC | $57,037,802 | $40,604,855 |
The One Campaign Washington, DC | $67,622,430 | $19,634,455 |
National Association Of County And City Health Officials Washington, DC | $14,670,823 | $33,691,939 |
The Albert B Sabin Vaccine Institute Inc Washington, DC | $18,738,050 | $26,913,156 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
St Coletta Of Greater Washington Inc Washington, DC | $37,883,272 | $21,114,468 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |