Ronald Mcdonald House Charities Of Knoxville Tennessee Inc
- Assets
- $11.5m
- Revenue
- $985.2k
- Investments
- $0.0
- Employees
- 16
- Location
- Knoxville, TN
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 58-1510276
Organization Overview
Ronald Mcdonald House Charities Of Knoxville Tennessee Inc is located in Knoxville, TN. The organization was established in 1983. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Ronald Mcdonald House Charities Of Knoxville Tennessee Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald Mcdonald House Charities Of Knoxville Tennessee 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 12/2023, Ronald Mcdonald House Charities Of Knoxville Tennessee Inc generated $985.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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.
Since 2015, Ronald Mcdonald House Charities Of Knoxville Tennessee Inc has awarded 27 individual grants totaling $1,278,499. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE OFFER TEMPORARY LODGING FOR FAMILIES HAVING CRITICALLY ILL CHILDREN. SEE PAGE PART III FOR MORE INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MAIN PURPOSE - HOUSING FAMILIES: THE RONALD MCDONALD HOUSE OFFERS TEMPORARY LODGING FOR FAMILIES HAVING CRITICALLY ILL CHILDREN, 21 YEARS OF AGE OR YOUNGER, BEING TREATED IN AREA HOSPITALS. IN OUR THIRTY-SIX YEARS OF OPERATION WE HAVE SERVED APPROXIMATELY 60,000 PEOPLE. BESIDE THE OBVIOUS FINANCIAL ADVANTAGE OF STAYING AT OUR HOME-AWAY-FROM-HOME WHERE WE GLADLY WAIVE THE $5.00 PER NIGHT REQUESTED DONATION IF IT IS PROHIBITIVE, THERE IS THE ADDITIONAL BENEFIT OF MEETING OTHER FAMILIES WHO ARE EXPERIENCING SIMILAR MEDICAL PROBLEMS WITH THEIR CHILDREN. ITS A PLACE WHERE THEY CAN DRAW ADDITIONAL COMFORT AND SUPPORT FROM FRIENDSHIPS THAT ARE BORN HERE. IN ADDITION TO LODGING, OUR SUPPORTIVE COMMUNITY HELPS PROVIDE ALL THE COMFORTS OF HOME SUCH AS FOOD, LAUNDRY FACILITIES, TRANSPORTATION,FREE WI-FI...ALL OF WHICH ARE INCLUDED IN THEIR STAY. WE CAN ACCOMODATE 65 PEOPLE OR 15 FAMILIES IN THE TWO HOUSES WE OPERATE. BY YEARS END, WE HAD RECEIVED REFERRALS FROM FIVE DIFFERENT MEDICAL FACILITIES THAT REPRESENTED FAMILIES FROM 16 VARIOUS STATES AND 32 COUNTIES FROM ACROSS TENNESSEE. WHAT BROUGHT THESE PEOPLE TO OUR DOORS? THE MOST PREVALENT REASON WAS NEWBORN COMPLICATIONS SUCH AS PREMATURITY AND RESPIRATORY ISSUES, SPINAL SURGERIES, NEUROLOGICAL AND GASTRIC ISSUES, CANCER TREATMENTS AND TWENTY-SEVEN OTHER MEDICAL CONDITIONS. ALTHOUGH WE HAVE NO LENGTH OF STAY RESTRICTIONS, THE AVERAGE LENGTH OF STAY WAS 7 DAYS. AS LONG AS A CHILD IS HOSPITALIZED, FAMILY MEMBERS INCLUDING EXTENDED FAMILY AND SIBLINGS HAVE BEEN WELCOME.
OUR SECONDARY PURPOSE - GRANTMAKING: ONE OF THE HALLMARKS OF THE MCDONALDS CORPORATION OVER THE YEARS HAS BEEN THEIR UNQUALIFIED COMMITMENT TO CHILDREN. AS A LEGACY TO MCDONALDS FOUNDER, RAY KROC, RONALD MCDONALD CHILDRENS CHARITIES OR RMCC WAS FOUNDED TO CHAMPION PHILANTHROPIC GROUPS WORLDWIDE THAT WERE DEDICATED TO THE BETTERMENT OF CHILDREN. IN AN EFFORT TO STREAMLINE THEIR ORGANIZATION TO MAKE A GREATER IMPACT ON A LOCAL LEVEL, THE GLOBAL MCDONALDS OFFICE REQUESTED THAT RMCC AND RONALD MCDONALD HOUSES ACROSS THE COUNTRY CONSOLIDATE WHICH WAS THE GENESIS OF RONALD MCDONALD HOUSE CHARITIES OF KNOXVILLE, TN, INC. IN 1996. FUNDING AND OPERATING THE KNOXVILLE RONALD MCDONALD HOUSE WILL ALWAYS REMAIN THE NUMBER ONE PRIORITY OF THE NON-PROFIT AND MONIES RAISED UNDER THE AUSPICES OF SUPPORTING THE RONALD MCDONALD HOUSE WILL BE USED EXCLUSIVELY FOR THAT PURPOSE AND ARE MAINTAINED IN A SEPARATE ACCOUNT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meg Millikan President | OfficerTrustee | 5 | $0 |
Linda Mcbrearty Vice President | OfficerTrustee | 5 | $0 |
Stace Bristow Secretary | OfficerTrustee | 5 | $0 |
William F Terry MD Treasurer | OfficerTrustee | 5 | $0 |
Lynn Arnwine Director | Trustee | 5 | $0 |
Mark Brodd Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $170 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $882,924 |
| Noncash contributions included in lines 1a–1f | $74,159 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $883,094 |
| Total Program Service Revenue | $0 |
| Investment income | $8,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$23,405 |
| Net Income from Fundraising Events | $116,904 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $985,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,170 |
| 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. | $169,538 |
| Compensation of current officers, directors, key employees. | $16,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $238,502 |
| Pension plan accruals and contributions | $11,132 |
| Other employee benefits | $74,333 |
| Payroll taxes | $31,106 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $60,580 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,319 |
| Insurance | $34,829 |
| All other expenses | $129,967 |
| Total functional expenses | $1,063,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $580,571 |
| Pledges and grants receivable | $9,106 |
| Accounts receivable, net | $38,645 |
| 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 | $8,897 |
| Net Land, buildings, and equipment | $1,069,303 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,747,764 |
| Total assets | $11,454,286 |
| Accounts payable and accrued expenses | $6,980 |
| 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 | $0 |
| Total liabilities | $6,980 |
| Net assets without donor restrictions | $10,847,995 |
| Net assets with donor restrictions | $599,311 |
| 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 | $11,454,286 |
Grants Awarded
Over the last fiscal year, Ronald Mcdonald House Charities Of Knoxville Tennessee Inc has awarded $145,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
UT COLLEGE OF NURSING PURPOSE: Nurse @ Vine Clinic | $50,000 |
UNIVERSITY OF TENNESSEE MEDICAL CENTER PURPOSE: Giraffe Onminbeds for NICU | $60,000 |
EAST TN CHILDRENS HOSPITAL PURPOSE: Healthy families/healthy kids/Grow With Me | $35,000 |