Jess Parrish Medical Foundation Inc
- Assets
- $2.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Titusville, FL
- Founding
- 11/1984
- Data as of
- 09/2023
- EIN
- 59-2249275
Organization Overview
Jess Parrish Medical Foundation Inc is located in Titusville, FL. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jess Parrish Medical 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, Jess Parrish Medical Foundation Inc generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $730.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jess Parrish Medical Foundation Inc has awarded 38 individual grants totaling $4,414,506. 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
SUPPORT FOR PARRISH MEDICAL CENTER, INC. AND HEALTH, WELFARE, AND SAFETY ORGANIZATIONS IN NORTH BREVARD COUNTY, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION OPERATED FOR THE BENEFIT OF PARRISH MEDICAL CENTER, A PUBLIC HOSPITAL OWNED AND OPERATED BY NORTH BREVARD COUNTY HOSPITAL DISTRICT. FUNDING IS ALSO USED FOR PROVIDING GRANTS AND DONATIONS TO PROMOTE HEALTH CARE IN NORTH BREVARD COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Coleman Chair | OfficerTrustee | 1 | $0 |
Rachel S Terry Past Chair | OfficerTrustee | 1 | $0 |
Melissa Edwards Lugo Chair Elect | OfficerTrustee | 1 | $0 |
Philip Simpson PHD Vice Chair | OfficerTrustee | 1 | $0 |
Kelley Broome Secretary | OfficerTrustee | 1 | $0 |
Josh Norris Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $145,040 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $731,785 |
| Noncash contributions included in lines 1a–1f | $476,731 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $876,825 |
| Total Program Service Revenue | $0 |
| Investment income | $73,228 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $100,659 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,050,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $206,323 |
| Grants and other assistance to domestic individuals. | $41,000 |
| 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 | $240,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $84,521 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,000 |
| 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 | $5,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,990 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $738 |
| Interest | $6,061 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,657 |
| Total functional expenses | $730,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,058,907 |
| Savings and temporary cash investments | $147,488 |
| Pledges and grants receivable | $15,807 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,197,139 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $77,644 |
| Total assets | $2,496,985 |
| Accounts payable and accrued expenses | $0 |
| 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 | $77,644 |
| Total liabilities | $77,644 |
| Net assets without donor restrictions | $254,724 |
| Net assets with donor restrictions | $2,164,617 |
| 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 | $2,496,985 |
Grants Awarded
Over the last fiscal year, Jess Parrish Medical Foundation Inc has awarded $206,323 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH BREVARD MEDICAL SUPPORT PURPOSE: HEALTHCARE | $98,752 |
CITY OF TITUSVILLE FIRE DEPARTMENT PURPOSE: MEDICAL EQUIPMENT | $18,940 |
PARRISH MEDICAL CENTER PURPOSE: HEALTHCARE | $78,631 |
BREVARD COUNTY SCHOOLS PURPOSE: HEALTHCARE | $10,000 |