South Florida Hospital Research & Education Foundation Inc
- Assets
- $47.0k
- Revenue
- $137.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Dania Beach, FL
- Founding
- 12/1986
- Data as of
- 12/2020
- EIN
- 59-2732250
Organization Overview
South Florida Hospital Research & Education Foundation Inc is located in Dania Beach, FL. The organization was established in 1986. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Hospital Research & Education 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 12/2020, South Florida Hospital Research & Education Foundation Inc generated $137.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $147.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE AND ADMINISTER FUNDS AND PROPERTY FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT RESEARCH AND SCIENTIFIC INVESTIGATIONS, TO SPONSOR EDUCATIONAL PROGRAMS AND TO FOSTER THE ACCUMULATION AND EXCHANGE OF HEALTHCARE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Doyle Vice Chairma | OfficerTrustee | 1 | $0 |
William Duquette Secretary | OfficerTrustee | 1 | $0 |
David Wagner Chairman | OfficerTrustee | 1 | $0 |
Charles Felix Treasurer | OfficerTrustee | 1 | $0 |
Lourdes DE Los Rios Barroso Vice Preside | Officer | 2 | $0 |
Jaime Caldwell President | Officer | 2 | $0 |
Financial Statements
| 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 | $600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $136,385 |
| Investment income | $90 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $137,075 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,445 |
| Fees for services: Accounting | $7,900 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,728 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,777 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $61 |
| Total functional expenses | $147,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,484 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $19,500 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,984 |
| Accounts payable and accrued expenses | $9,700 |
| 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 | $5,099 |
| Total liabilities | $14,799 |
| Net assets without donor restrictions | $20,806 |
| Net assets with donor restrictions | $11,379 |
| 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 | $46,984 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that South Florida Hospital Research & Education Foundation Inc has recieved totaling $5,220.
| Awarding Organization | Amount |
|---|---|
Cleveland Clinic Foundation Independence, OH PURPOSE: HEALTHCARE RESEARCH & EDUCATION | $5,220 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Atlanta Veterans Education And Research Inc Decatur, GA | $10,222,891 | $13,848,947 |
Roskamp Institute Inc Sarasota, FL | $9,416,640 | $7,403,056 |
American Peanut Shellers Assoc Inc Albany, GA | $1,751,167 | $3,704,531 |
Associated General Contractors Of Georgia Inc Atlanta, GA | $12,373,819 | $3,538,884 |
Sunrise Community Of Northeast Florida Inc Miami, FL | $4,026,506 | $2,436,293 |
Resilient Floor Covering Institute Lagrange, GA | $1,159,930 | $2,761,995 |
North Florida Foundation For Research And Education Inc Gainesville, FL | $3,171,060 | $2,070,033 |
Tuscaloosa Research And Education Advancement Corporation Tuscaloosa, AL | $1,040,495 | $1,160,258 |
Foundation For Public Relations Research And Education Inc Gainesville, FL | $932,727 | $1,013,833 |
Tampa Bay Research Institute Inc St Petersburg, FL | $1,539,645 | $563,178 |
Quality Independence Inc Port Charlotte, FL | $58,244 | $715,690 |
Southern Society For Clinical Investigation Inc Dora, AL | $1,521,904 | $567,907 |