Haiti Nursing Foundation
- Assets
- $396.9k
- Revenue
- $570.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Ann Arbor, MI
- Founding
- 06/2005
- Data as of
- 07/2022
- EIN
- 26-0107365
Organization Overview
Haiti Nursing Foundation is located in Ann Arbor, MI. The organization was established in 2005. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 07/2022, Haiti Nursing Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Haiti Nursing 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 07/2022, Haiti Nursing Foundation generated $570.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $559.1k during the year ending 07/2022. While expenses have increased by 6.5% 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
THE MISSION OF HAITI NURSING FOUNDATION IS TO IMPROVE HEALTH IN THE REPUBLIC OF HAITI BY SUPPORTING QUALITY NURSING EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF HAITI NURSING FOUNDATION IS TO IMPROVE HEALTH IN THE REPUBLIC OF HAITI BY SUPPORTING QUALITY NURSING EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thom Bales Executive Di | Officer | 40 | $71,355 |
Donna Martsolf President | OfficerTrustee | 8 | $0 |
Ada Sue Hinshaw Program | OfficerTrustee | 2 | $0 |
Pat Farris Secretary | OfficerTrustee | 3 | $0 |
Stuart Deming Treasurer | OfficerTrustee | 2 | $0 |
Jim Boelkins Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,487 |
| All other contributions, gifts, grants, and similar amounts not included above | $542,692 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $568,179 |
| Total Program Service Revenue | $0 |
| Investment income | $1,563 |
| 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 | $569,999 |
| 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 | $387,237 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,355 |
| Compensation of current officers, directors, key employees. | $29,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,579 |
| Pension plan accruals and contributions | $2,141 |
| Other employee benefits | $0 |
| Payroll taxes | $8,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,602 |
| Advertising and promotion | $10,583 |
| Office expenses | $914 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $274 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $304 |
| Insurance | $2,038 |
| All other expenses | $2,218 |
| Total functional expenses | $559,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493 |
| Savings and temporary cash investments | $392,069 |
| 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 | $3,819 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $396,881 |
| Accounts payable and accrued expenses | $8,192 |
| Grants payable | $221,600 |
| 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 | $229,792 |
| Net assets without donor restrictions | $19,139 |
| Net assets with donor restrictions | $147,950 |
| 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 | $396,881 |