International Health Care Foundation
- Assets
- $2.5m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 3
- Location
- Searcy, AR
- Founding
- 03/1973
- Data as of
- 06/2023
- EIN
- 23-7258102
Organization Overview
International Health Care Foundation is located in Searcy, AR. The organization was established in 1973. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, International Health Care Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Health Care 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, International Health Care Foundation generated $1.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 4.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL HEALTH CARE FOUNDATION EXISTS TO SUPPORT MEDICAL MISSION POINTS WHICH WE ARE INVOLVED WITH ON AN ONGOING BASIS AND TO BEGIN NEW MISSION POINTS WHEN OPPORTUNITIES ARISE. IHCF IS CURRENTLY INVOLVED IN SEVEN MEDICAL MISSION WORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS ARE PROVIDED TO CHURCH OF CHRIST MISSION HOSPITAL BOMSO IN GHANA, WEST AFRICA, TO PROVIDE MEDICAL SERVICES TO APPROXIMATELY 30,000 PATIENTS ANNUALLY. IN ADDITION TO FUNDS FOR THE OPERATION OF THE HOSPITAL, FUNDS ARE ALSO MADE AVAILABLE TO PROVIDE SUPPLIES AND EQUIPMENT FOR THE EXPANSION OF THE FACILITIES AND MEDICAL SERVICES.
FUNDS ARE PROVIDED FOR MEDICAL SUPPLIES, EQUIPMENT, AND TRAVEL FOR MEDICAL WORKS IN NIGERIA, TANZANIA, SWAZILAND/ESWATAINI, KENYA, MBAISE, AND ZAMBIA. ADDITIONAL FUNDS ARE MADE AVAILABLE FOR SCHOLARSHIPS FOR STUDIES IN HEALTH CARE DISCIPLINES IN NIGERIA, TANZANIA, SWAZILAND/ESWATAINI, KENYA, MBAISE, AND ZAMBIA.
FUNDS ARE PROVIDED TO THE CHURCH OF CHRIST MISSION CLINIC IN YENDI, GHANA, WEST AFRICA, TO PROVIDE MEDICAL SERVICES TO APPROXIMATELY 20,000 PATIENTS ANNUALLY. IN ADDITION TO FUNDS FOR THE OPERATION OF THE CLINIC, FUNDS ARE ALSO MADE AVAILABLE TO SPONSOR MOBILE CLINICS IN SURROUNDING VILLAGES.
FUNDS ARE PROVIDED TO PALMER MEMORIAL HOSPITAL IN NIGERIA, WEST AFRICA, FOR MEDICAL SERVICES TO APPROXIMATELY 7,000 PATIENTS ANNUALLY. IN ADDITION TO THE FUNDS FOR THE OPERATION OF THE HOSPITAL, FUNDS ARE ALSO MADE AVAILABLE TO PROVIDE SUPPLIES AND EQUIPMENT FOR THE EXPANSION OF FACILITIES AND MEDICAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Lawrence MD Director | Trustee | 1 | $0 |
Brad Lawing MD Director | Trustee | 1 | $0 |
Bryan Pruitt MD Director | Trustee | 1 | $0 |
Craig Darter MD Director | Trustee | 1 | $0 |
Curtis Williams MD Director | Trustee | 1 | $0 |
Dan Blazer MD Director | 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 | $1,451,016 |
| Noncash contributions included in lines 1a–1f | $8,128 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,451,016 |
| Total Program Service Revenue | $0 |
| Investment income | $27,499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,478,515 |
| 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 | $875,492 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,314 |
| Compensation of current officers, directors, key employees. | $9,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,624 |
| Payroll taxes | $11,058 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,488 |
| Fees for services: Other | $7,333 |
| Advertising and promotion | $5,905 |
| Office expenses | $26,895 |
| Information technology | $6,880 |
| Royalties | $0 |
| Occupancy | $20,193 |
| Travel | $13,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,728 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,289 |
| Insurance | $23,506 |
| All other expenses | $1,431 |
| Total functional expenses | $1,176,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,181,268 |
| 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 | $2,781 |
| Investments—publicly traded securities | $1,289,557 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,473,606 |
| 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 | $1,224,136 |
| Net assets with donor restrictions | $1,249,470 |
| 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 | $2,473,606 |