Olathe Health Charitable Foundation
- Assets
- $5.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Olathe, KS
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 48-1136010
Organization Overview
Olathe Health Charitable Foundation is located in Olathe, KS. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Olathe Health Charitable Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olathe Health Charitable 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 12/2021, Olathe Health Charitable Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Olathe Health Charitable Foundation has awarded 13 individual grants totaling $5,749,930. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OHCF RAISES & DISTRIBUTES FUNDS DIRECTLY OLATHE MEDICAL CENTER, INC., OLATHE HEALTH PHYSICIANS, INC. & MIAMI COUNTY MEDICAL CENTER, INC., ALL RELATED 501(C)(3) ENTITIES.
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 |
|---|---|---|---|
Elizabeth Mcelhaney Director Charitable Foundation | 45 | $123,496 | |
John N Barnes Director/chairperson | OfficerTrustee | 2 | $0 |
J Joseph Hannah DDS Director/vice Chairperson | OfficerTrustee | 1 | $0 |
Krystal Claymore Chief Financial Officer | Officer | 5 | $0 |
Michael Jensen Chief Strategy Officer | Officer | 5 | $0 |
Tom Chiarelli VP Finance/secretary/treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $465,561 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,513 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,074 |
| Total Program Service Revenue | $0 |
| Investment income | $149,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $610,502 |
| Net Income from Fundraising Events | -$110,816 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,119,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $619,536 |
| Grants and other assistance to domestic individuals. | $500 |
| 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 | $201,173 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,712 |
| Payroll taxes | $15,290 |
| Fees for services: Management | $27,358 |
| Fees for services: Legal | $4,237 |
| Fees for services: Accounting | $8,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $807 |
| Fees for services: Other | $13,279 |
| Advertising and promotion | $2,199 |
| Office expenses | $7,482 |
| Information technology | $37,800 |
| Royalties | $0 |
| Occupancy | $8,055 |
| Travel | $442 |
| 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 | $475 |
| All other expenses | $0 |
| Total functional expenses | $1,006,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $371,164 |
| Pledges and grants receivable | $7,607 |
| 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 | $132,064 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,717,310 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,228,145 |
| Accounts payable and accrued expenses | $29,692 |
| Grants payable | $0 |
| Deferred revenue | $8,395 |
| 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 | $105,911 |
| Total liabilities | $143,998 |
| Net assets without donor restrictions | $4,228,472 |
| Net assets with donor restrictions | $855,675 |
| 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 | $5,228,145 |
Grants Awarded
Over the last fiscal year, Olathe Health Charitable Foundation has awarded $619,536 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Olathe, KS PURPOSE: OPERATIONAL SUPPORT & BD DESIGN ASSETS | $552,770 |
Paola, KS PURPOSE: OPERATIONAL SUPPORT & BD DESIGN ASETS | $46,610 |
Olathe, KS PURPOSE: OPERATIONAL SUPPORT & BD DESIGN ASETS | $20,156 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Olathe Health Charitable Foundation has recieved totaling $2,300.
| Awarding Organization | Amount |
|---|---|
Koch Foundation Inc Evansville, IN PURPOSE: CHARITABLE OPERATIONS | $2,300 |
Endowment Analysis
| Beg. Balance | $4,565,083 |
| Earnings | $594,852 |
| Net Contributions | $317,782 |
| Other Expense | $750,000 |
| Grants | $2,800 |
| Ending Balance | $4,724,917 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Amg Charitable Gift Foundation Greenwood Village, CO | $149,608,626 | $31,189,759 |
Faith Charitable Trust Omaha, NE | $0 | $922,113 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
The Summit Foundation Breckenridge, CO | $22,333,564 | $6,446,939 |
Delta Dental Plan Of Colorado Foundation Inc Centennial, CO | $49,407,538 | $7,354,088 |