Boca Grande Health Clinic Foundation Inc is located in Boca Grande, FL. The organization was established in 2003. 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 09/2023, Boca Grande Health Clinic Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boca Grande Health Clinic 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 09/2023, Boca Grande Health Clinic Foundation Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.0m during the year ending 09/2023. While expenses have increased by 10.9% 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
RAISE FUNDS TO SUPPORT BOCA GRANDE HEALTH CLINIC, INC., A NOT-FOR-PROFIT HEALTH CLINIC LOCATED ON A BARRIER ISLAND IN FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISE FUNDS TO SUPPORT BOCA GRANDE HEALTH CLINIC, INC., A NOT-FOR-PROFIT HEALTH CLINIC LOCATED ON A BARRIER ISLAND IN FLORIDA.
RAISE FUNDS TO SUPPORT BOCA GRANDE HEALTH CLINIC, INC., A NOT-FOR-PROFIT HEALTH CLINIC LOCATED ON A BARRIER ISLAND IN FLORIDA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cannon Wenzel Secetary | OfficerTrustee | 40 | $79,210 |
Ann Aikens Trustee | Trustee | 4 | $0 |
Robert A Baer Trustee | Trustee | 4 | $0 |
Daniel H Bayly Trustee | Trustee | 4 | $0 |
Marcus Bennett Trustee | Trustee | 4 | $0 |
Hope Van Beuren Trustee | Trustee | 4 | $0 |
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 | $2,239,556 |
Noncash contributions included in lines 1a–1f | $239,780 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,239,556 |
Total Program Service Revenue | $0 |
Investment income | $903,761 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $790,987 |
Net Income from Fundraising Events | $29,996 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,964,300 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,525,126 |
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. | $79,210 |
Compensation of current officers, directors, key employees. | $19,802 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $99,452 |
Pension plan accruals and contributions | $3,515 |
Other employee benefits | $17,145 |
Payroll taxes | $9,862 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,316 |
Fees for services: Accounting | $34,235 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $239,914 |
Fees for services: Other | $685,451 |
Advertising and promotion | $334 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $95,047 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $106,733 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $51,947 |
Insurance | $44,243 |
All other expenses | $0 |
Total functional expenses | $4,996,530 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $102,558 |
Savings and temporary cash investments | $1,547,167 |
Pledges and grants receivable | $874,109 |
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 | $47,230 |
Net Land, buildings, and equipment | $5,922,234 |
Investments—publicly traded securities | $50,716,702 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $59,210,000 |
Accounts payable and accrued expenses | $23,344 |
Grants payable | $0 |
Deferred revenue | $29,000 |
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 | $3,598,178 |
Total liabilities | $3,650,522 |
Net assets without donor restrictions | $54,587,806 |
Net assets with donor restrictions | $971,672 |
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 | $59,210,000 |