Institute For Family-Centered Care Inc
- Assets
- $550.0k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Bethesda, MD
- Founding
- 02/1993
- Data as of
- 06/2023
- EIN
- 52-1777133
Organization Overview
Institute For Family-Centered Care Inc, operating under the name Institute For Patient And Family-Centered Care, is located in Bethesda, MD. The organization was established in 1993. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2023, Institute For Patient And Family-Centered Care employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Patient And Family-Centered Care 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, Institute For Patient And Family-Centered Care generated $1.0m 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 (6.1%) each year. All expenses for the organization totaled $896.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 8 years. 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
PROVIDE NATIONAL LEADERSHIP ON PATIENT AND FAMILY-CENTERED CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATION AND INFORMATION ON PATIENT AND FAMILY-CENTERED CARE: PRESENTED AT REGIONAL AND NATIONAL CONFERENCES, PUBLISHED A SERIES OF E-NEWSLETTERS; EXPANDED WEBSITE; PROVIDED TRAINING AND TECHNICAL ASSISTANCE AND SERVED AS A CLEARINGHOUSE, ANSWERING QUESTIONS ABOUT IMPROVING HEALTHCARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverley Johnson President | OfficerTrustee | 32 | $72,000 |
Elizabeth Crocker Vice President Of The Boar | OfficerTrustee | 1 | $0 |
Terri Shelton Treasurer | OfficerTrustee | 1 | $0 |
William Schwab Secretary | OfficerTrustee | 1 | $0 |
Dolores Coutts Chief Financial Officer | Officer | 16 | $52,135 |
Marie Abraham Vice President | Officer | 40 | $117,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $197,183 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,281 |
| Noncash contributions included in lines 1a–1f | $15,280 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $267,464 |
| Total Program Service Revenue | $749,151 |
| Investment income | $60 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $33 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $465 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,017,150 |
| 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. | $391,537 |
| Compensation of current officers, directors, key employees. | $133,123 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $193,852 |
| Pension plan accruals and contributions | $8,171 |
| Other employee benefits | $3,295 |
| Payroll taxes | $44,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,995 |
| Fees for services: Accounting | $47,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,852 |
| Advertising and promotion | $857 |
| Office expenses | $3,669 |
| Information technology | $61,710 |
| Royalties | $0 |
| Occupancy | $4,431 |
| Travel | $3,232 |
| 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 | $4,530 |
| Insurance | $6,418 |
| All other expenses | $0 |
| Total functional expenses | $896,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $230,292 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,180 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,913 |
| Prepaid expenses and deferred charges | $7,490 |
| Net Land, buildings, and equipment | $5,947 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $197,183 |
| Total assets | $550,005 |
| Accounts payable and accrued expenses | $101,883 |
| Grants payable | $0 |
| Deferred revenue | $47,349 |
| 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 | $149,232 |
| Net assets without donor restrictions | $400,773 |
| 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 | $550,005 |