Kvc Foundation Inc
- Assets
- $20.2m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Olathe, KS
- Founding
- 12/2008
- Data as of
- 06/2020
- EIN
- 26-2516476
Organization Overview
Kvc Foundation Inc is located in Olathe, KS. The organization was established in 2008. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kvc 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 06/2020, Kvc Foundation Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.5m during the year ending 06/2020. While expenses have increased by 5.7% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS KVC BEHAVIORAL HEALTHCARE COMPANIES IN KS, NE, WV AND KY, KVC HOSPITAL AND KVC NILES BY MANAGING AND INVESTING DONATED FUNDS ON BEHALF OF THE SUPPORTED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Hooper Director/ceo Of Kvc Hsi | OfficerTrustee | 1 | $0 |
Paula Meidel Director/board Chair | OfficerTrustee | 1 | $0 |
Sherri Lohe CFO Of Kvc Hsi | Officer | 1 | $0 |
Marilyn Jacobson CFO Of Kvc Hsi-Retired 7/20 | Officer | 1 | $0 |
B Wayne Simms Director | Trustee | 1 | $0 |
David F Ball Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Titan Build Llc Construction | 6/29/15 | $170,299 |
Je Dunn Construction Construction | 6/29/15 | $3,041,232 |
Zipco Contracting Inc Construction | 6/29/15 | $137,739 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,036,090 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$76,398 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,054,495 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $130,909 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,756 |
| Advertising and promotion | $60 |
| Office expenses | $4,842 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $587,674 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $705,313 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,488,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,272 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,015,066 |
| 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 | $12,860 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,093,970 |
| Total assets | $20,210,495 |
| Accounts payable and accrued expenses | $7,822 |
| Grants payable | $0 |
| Deferred revenue | $46,000 |
| 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 | $14,555,897 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,609,719 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,600,776 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kvc Foundation Inc has recieved totaling $269,795.
| Awarding Organization | Amount |
|---|---|
Robert E And Patricia A Schmidt Foundation Hays, KS PURPOSE: CAMBER MENTAL HEALTH (1 OF 4) | $250,000 |
Hartley Family Foundation Milwaukee, WI PURPOSE: EXEMPT PURPOSE | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,795 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adventhealth South Overland Park Inc Overland Park, KS | $169,073,602 | $4,112,859 |
Nextfifty Initiative Denver, CO | $264,860,664 | $19,564,011 |
National Fund For Christian Science Nursing Overland Park, KS | $10,483,266 | $9,902,486 |
Ascension Via Christi Property Services Inc St Louis, MO | $48,442,586 | $6,830,213 |
Immanuel Home & Community Resources Omaha, NE | $6,515,187 | $2,989,245 |
Dhha Omc Qalicb Inc Denver, CO | $20,932,285 | $2,388,531 |
Skaggs Foundation Branson, MO | $49,386,738 | $7,551,223 |
Kansas Healthcare Collaborative Inc Topeka, KS | $2,257,795 | $1,843,219 |
Childrens Hospital Colorado Health System Aurora, CO | $1,154,803,891 | $8,084,997 |
Kvc Foundation Inc Olathe, KS | $20,210,495 | $4,054,495 |
Salina Regional Health Properties Inc Salina, KS | $5,800,029 | $1,708,102 |
Central Plains Health Care Partnership Wichita, KS | $719,837 | $1,283,496 |