Foundation Assisting Seniors Inc
- Assets
- $809.5k
- Revenue
- $719.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, NV
- Founding
- 02/2003
- Data as of
- 06/2023
- EIN
- 48-1256766
Organization Overview
Foundation Assisting Seniors Inc is located in Henderson, NV. The organization was established in 2003. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation Assisting Seniors 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 06/2023, Foundation Assisting Seniors Inc generated $719.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $831.3k during the year ending 06/2023. While expenses have increased by 25.4% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOANING DURABLE MEDICAL EQUIPMENT TO SENIORS AND VETERANS AT NO CHARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOWRU PROGRAM WAS CREATED TO GIVE SENIORS LIVING ALONE THE ASSURANCE AND PEACE OF MIND OF A DAILY SAFETY CALL. IT IS AVAILABLE TO ALL SENIORS 50+, NATIONWIDE, AND IS FREE OF CHARGE.
WE MAINTAIN AND DELIVER AN INVENTORY OF DURABLE MEDICAL EQUIPMENT FOR A SHORT-TERM LOAN TO SENIORS THROUGHOUT THE SOUTHERN NEVADA COMMUNITY. ALL EQUIPMENT IS CLEANED, DISINFECTED, AND SANITIZED WITH MICROSHIELD 360.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rochelle Silas Trustee | Trustee | 8 | $0 |
Carol Chapman President | OfficerTrustee | 30 | $0 |
Daryll A Carter Trustee | Trustee | 0 | $0 |
Ray Carvajal Trustee | Trustee | 8 | $0 |
Dennis Lesterson Trustee | Trustee | 8 | $0 |
Patty Duffey Vice President | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $700,978 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $700,978 |
| Total Program Service Revenue | $0 |
| Investment income | $9,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,284 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $718,974 |
| 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 | $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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $34,298 |
| Office expenses | $7,166 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,215 |
| Travel | $10,666 |
| 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 | $71,049 |
| Insurance | $15,922 |
| All other expenses | $52,791 |
| Total functional expenses | $831,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,779 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,500 |
| 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 | $55,719 |
| Net Land, buildings, and equipment | $145,550 |
| Investments—publicly traded securities | $330,588 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $214,839 |
| Other assets | $3,501 |
| Total assets | $809,476 |
| Accounts payable and accrued expenses | $129,526 |
| Grants payable | $0 |
| 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 | $179,140 |
| Total liabilities | $308,666 |
| Net assets without donor restrictions | $500,810 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $809,476 |
Grants Awarded
Over the last fiscal year, Foundation Assisting Seniors Inc has awarded $22,080 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUN CITY ANTHEM COMM ASSN PURPOSE: SERVE THE SENIOR COMMUNITY | $9,000 |
CLUB GRANTS PURPOSE: SERVE THE SENIOR COMMUNITY | $13,080 |