Ronald Mcdonald House Charities Of North Central Florida Inc
- Assets
- $12.5m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 31
- Location
- Gainesville, FL
- Founding
- 04/1979
- Data as of
- 12/2023
- EIN
- 59-1887896
Organization Overview
Ronald Mcdonald House Charities Of North Central Florida Inc, operating under the name Co Sherry Houston, is located in Gainesville, FL. The organization was established in 1979. 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, Co Sherry Houston employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Co Sherry Houston 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, Co Sherry Houston generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 7.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO DIRECTLY IMPROVE THE HEALTH AND WELL BEING OF CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RONALD MCDONALD HOUSE IS A 50-GUEST SUITE FACILITY THAT OFFERS LODGING AND COMFORT TO FAMILIES WITH SERIOUSLY ILL OR INJURED CHILDREN WHO TRAVEL TO GAINESVILLE FOR MEDICAL TREATMENT. WE SERVE ON AVERAGE 1445 FAMILIES ANNUALLY, PROVIDING THEM WITH A HOME-AWAY-FROM-HOME JUST A FEW BLOCKS FROM UF HEALTH SHANDS CHILDREN'S HOSPITAL. THE COST TO PROVIDE LODGING AND OTHER SERVICES AVERAGES 100 PER NIGHT PER ROOM. ALTHOUGH A ROOM DONATION (15 PER NIGHT) IS SUGGESTED TO EACH FAMILY, NO ONE IS EVER TURNED AWAY BECAUSE OF INABILITY TO PAY. BECAUSE FAMILIES OFTEN FACE ENORMOUS MEDICAL BILLS, FEWER THAN 40% ARE ABLE TO MAKE THE FULL NIGHTLY DONATION. INDIVIDUAL, FOUNDATION, AND CORPORATE SUPPORT MAKE IT POSSIBLE TO PROVIDE SERVICES TO OUR FAMILIES.
THE RONALD MCDONALD HOUSE IS A 50-GUEST SUTIE FACILITY THAT OFFERS LODGING ANDCOMFORT TO FAMILIES WITH SERIOUSLY ILL OR INJURED CHILDREN WHO TRAVEL TO GAINESVILLE FOR MEDICAL TREATMENT. WE SERVE ON AVERAGE 1445 FAMILIES ANNUALLY, PROVIDING THEM WITH A HOME-AWAY-FROM-HOME JUST A FEW BLOCKS FROM UF HEALTH SHANDS CHILDREN'S HOSPITAL. THE COST TO PROVIDE LODGING AND OTHER SERVICES AVERAGES 100 PER NIGHT PER ROOM. ALTHOUGH A ROOM DONATION (15 PER NIGHT) IS SUGGESTED TO EACH FAMILY,NO ONE IS EVER TURNED AWAY BECAUSE OF INABILITY TO PAY. BECAUSE FAMILIESOFTEN FACE ENORMOUS MEDICAL BILLS, FEWER THAN 40% ARE ABLE TO MAKE THE FULLNIGHTLY DONATION. INDIVIDUAL, FOUNDATION, AND CORPORATE SUPPORT MAKE IT POSSIBLE TO PROVIDE SERVICES TO OUR FAMILIES. THE RONALD MCDONALD FAMILY ROOM AT UF HEALTH SHANDS CHILDREN'S HOSPITAL BEGAN SERVING FAMILIES IN 1992 AND IS LOCATED OUTSIDE THE PEDIATRIC INTENSIVE CARE UNIT ON THE 10TH FLOOR. THIS ROOM PROVIDES COMFORT AND SUPPORT TO LOCAL FAMILIES WHO DO NOT NEED TO STAY OVERNIGHT AT RONALD MCDONALD HOUSE, OR TO OUT-OF-TOWN FAMILIES WHO CHOOSE NOT TO LEAVE THE HOSPITAL BECAUSE OF THE FRAGILE CONDITION OF THEIR CHILD. ON AVERAGE, THE RONALD MCDONALD FAMILY ROOM SERVES APPROXIMATELY 2,500 FAMILIES AND OVER 10,000 INDIVIDUALS ANNUALLY. COSTS FOR OPERATING THE RONALD MCDONALD FAMILY ROOM ARE ABSORBED LARGELY BY RMHCNCF, WHICH PROVIDES THE FURNISHINGS AND EQUIPMENT FOR THE 560-SQUARE-FOOT AREA, AND SUPPLIES THE ROOM WITH VOLUNTEERS, TOILETRIES, BEVERAGES, AND SNACKS.
THE RONALD MCDONALD FAMILY ROOM AT UF HEALTH SHANDS CHILDREN'S HOSPITAL BEGAN SERVING FAMILIES IN 1992 AND IS LOCATED OUTSIDE THE PEDIATRIC INTENSIVE CARE UNIT ON THE 10TH FLOOR. THIS ROOM PROVIDES COMFORT AND SUPPORT TO LOCAL FAMILIES WHO DO NOT NEED TO STAY OVERNIGHT AT RONALD MCDONALD HOUSE, OR TO OUT-OF-TOWN FAMILIES WHO CHOOSE NOT TO LEAVE THE HOSPITAL BECAUSE OF THE FRAGILE CONDITION OF THEIR CHILD. ON AVERAGE, THE RONALD MCDONALD FAMILY ROOM SERVES APPROXIMATELY 2,500 FAMILIES AND OVER 10,000 INDIVIDUALS ANNUALLY. COSTS FOR OPERATING THE RONALD MCDONALD FAMILY ROOM ARE ABSORBED LARGELY BY RMHCNCF, WHICH PROVIDES THE FURNISHINGS AND EQUIPMENT FOR THE 560-SQUARE-FOOT AREA, AND SUPPLIES THE ROOM WITH VOLUNTEERS, TOILETRIES, BEVERAGES, AND SNACKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Smoak Allen Director | Trustee | 1 | $0 |
Holly Anderson-Bender Director | Trustee | 1 | $0 |
Eddie Bell Director | Trustee | 1 | $0 |
Barbara Caputo Director | Trustee | 1 | $0 |
Jennifer Co-Vu Director | Trustee | 1 | $0 |
Susan Crowley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $54,319 |
| Membership dues | $0 |
| Fundraising events | $605,987 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,936,003 |
| Noncash contributions included in lines 1a–1f | $543,947 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,596,309 |
| Total Program Service Revenue | $22,772 |
| Investment income | $84,776 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$47,432 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,658,102 |
| 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. | $142,725 |
| Compensation of current officers, directors, key employees. | $28,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,596 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,383 |
| Payroll taxes | $24,796 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $44,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,767 |
| Advertising and promotion | $0 |
| Office expenses | $70,168 |
| Information technology | $6,407 |
| Royalties | $0 |
| Occupancy | $115,525 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,808 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,004,294 |
| Insurance | $44,368 |
| All other expenses | $0 |
| Total functional expenses | $2,518,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,908 |
| Savings and temporary cash investments | $363,425 |
| Pledges and grants receivable | $5,829,710 |
| Accounts receivable, net | $22,471 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $827 |
| Prepaid expenses and deferred charges | $11,179 |
| Net Land, buildings, and equipment | $3,947,202 |
| Investments—publicly traded securities | $2,031,962 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,487,684 |
| Accounts payable and accrued expenses | $71,744 |
| 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 | $71,744 |
| Net assets without donor restrictions | $5,921,709 |
| Net assets with donor restrictions | $6,494,231 |
| 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 | $12,487,684 |