Citrus County Community Charitable Foundation Inc
- Assets
- $10.9m
- Revenue
- $957.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Inverness, FL
- Founding
- 05/2015
- Data as of
- 09/2022
- EIN
- 47-2548516
Organization Overview
Citrus County Community Charitable Foundation Inc is located in Inverness, FL. The organization was established in 2015. 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. Citrus County Community Charitable 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 09/2022, Citrus County Community Charitable Foundation Inc generated $957.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $534.7k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Citrus County Community Charitable Foundation Inc has awarded 53 individual grants totaling $1,718,731. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AWARD GRANTS TO GROUPS AND ORGANIZATIONS THAT ESTABLISH PROGRAMS, RESEARCH, OR INITIATIVES THAT PROMOTE THE HEALTH OR SATISFY THE MEDICAL NEEDS OF THE RESIDENTS OF CITRUS COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE AWARDED IN ACCORDANCE WITH THE MISSION OF THE ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Davis President | OfficerTrustee | 1 | $0 |
Leonard Calodney Treasurer | OfficerTrustee | 1 | $0 |
Sonya Warden Secretary | OfficerTrustee | 1 | $0 |
Dr William Dixon Vice President | OfficerTrustee | 1 | $0 |
Ernesto Rubio Board Member | Trustee | 1 | $0 |
Jimmy T Smith Board Member | 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 | $1,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,668 |
| Total Program Service Revenue | $0 |
| Investment income | $249,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $683,154 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $957,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $405,209 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,385 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,667 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,000 |
| Fees for services: Accounting | $14,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,500 |
| Fees for services: Other | $12,973 |
| Advertising and promotion | $1,867 |
| Office expenses | $4,162 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,162 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,299 |
| All other expenses | $41 |
| Total functional expenses | $534,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,492 |
| Savings and temporary cash investments | $34,247 |
| 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 | $0 |
| Investments—publicly traded securities | $10,834,911 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,911,650 |
| Accounts payable and accrued expenses | $148 |
| Grants payable | $50,052 |
| 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 | $50,200 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $10,861,450 |
| 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 | $10,911,650 |
Grants Awarded
Over the last fiscal year, Citrus County Community Charitable Foundation Inc has awarded $405,209 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Inverness, FL PURPOSE: MOBILE UNIT | $135,000 |
Lecanto, FL PURPOSE: YOUTH SEXUAL EDUCATION | $60,000 |
Lecanto, FL PURPOSE: ABUSE PREVENTION | $55,000 |
Citrus Spgs, FL PURPOSE: PHYSICAL THERAPY SESSIONS | $46,800 |
Homosassa, FL PURPOSE: FOOD TRUCK | $36,705 |
Crystal River, FL PURPOSE: VISION SCREENING EQUIPMENT | $36,704 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stratum Health System Inc Sarasota, FL | $159,197,888 | $60,285,912 |
Partners Cooperative Inc Atlanta, GA | $31,995,139 | $51,075,752 |
Covenant Health And Community Services Inc Pensacola, FL | $26,538,010 | $23,118,935 |
Jupiter Medical Center Physicians Group Inc Jupiter, FL | $7,041,500 | $16,868,605 |
Florida Association Of Free And Charitable Clinics Inc Jacksonville, FL | $451,895 | $10,115,345 |
Phoebe Foundation Inc Albany, GA | $20,206,779 | $3,551,981 |
Impact Health Sharing Inc Davie, FL | $573,808 | $3,439,853 |
Visiting Nurse Association & Hospice Foundation Inc Vero Beach, FL | $33,852,759 | $9,788,467 |
Hebrew Homes Captive Services Inc N Miami Beach, FL | $1,581,867 | $2,469,567 |
Suncoast Health Council Inc St Petersburg, FL | $957,545 | $1,940,129 |
Kenyarelief Org Cullman, AL | $1,331,657 | $1,506,038 |
Alabama Community Care - Region C Inc Huntsville, AL | $0 | $524,343 |