Spectrum Health Foundation Inc
- Assets
- $2.8m
- Revenue
- $105.9k
- Investments
- $2.6m
- Employees
- 0
- Location
- Kansas City, KS
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 48-1160123
Organization Overview
Spectrum Health Foundation Inc, operating under the name Spectrum Home Health Agency, is located in Kansas City, KS. The organization was established in 1996. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, 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. Spectrum Home Health Agency 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 12/2022, Spectrum Home Health Agency generated $105.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (41.7%) each year. All expenses for the organization totaled $151.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (38.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Spectrum Home Health Agency has awarded 78 individual grants totaling $521,565. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE EXCELLENCE IN HEALTH CARE, SUPPORT LOCAL AND REGIONAL 501(C)(3) FOUNDATIONS, AND GIFT TO CAUSES THAT REFLECT THE FOUNDERS' IDEALS THROUGH CHARITABLE DONATIONS. CHARITIES SUPPORTED THIS TAX YEAR INCLUDE MOTHER TERESA, CENTRAL AVE, CAMP ENCOURAGE, ETC...
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH GRANTS TO VARIOUS 501C3 ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay T Appl Chairman | 1 | $0 | |
Allison A Stewart Secretary | 1 | $0 | |
Cory M Appl Treasurer | 1 | $0 | |
Bradley Appl Director | 1 | $0 | |
Gunnar J Appl Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $403 |
| Dividends & Interest | $62,669 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,788 |
| Capital Gain Net Income | $42,788 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,376 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $246 |
| Printing and publications | $0 |
| Other expenses | $60,915 |
| Total operating and administrative expenses | $68,094 |
| Contributions, gifts, grants paid | $83,815 |
| Total expenses and disbursements | $151,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,567 |
| Savings and temporary cash investments | $121,153 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $231,804 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,782,489 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Spectrum Health Foundation Inc has awarded $83,815 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BELLE PLAINE METHODIST CHURCH PURPOSE: LOCAL CHURCH | $1,200 |
CAMP ENCOURAGE PURPOSE: YOUTH WITH AUTISM | $8,000 |
CATHOLIC CHARITIES PURPOSE: COUNSELING & SUPPORT | $3,000 |
CENTRAL AVENUE CENTER OF HOPE PURPOSE: PROVIDE MEALS | $5,000 |
GUADALUPE CLINIC PURPOSE: NECESSITIES OF NEEDY | $3,000 |
HAPPY HEARTS WORKING INC PURPOSE: DEVELOPMENTAL DISABILITY SUPPORT | $1,000 |