Baycares Incorporated
- Assets
- $104.5k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 01/1997
- Data as of
- 06/2021
- EIN
- 59-3155410
Organization Overview
Baycares Incorporated is located in Panama City, FL. The organization was established in 1997. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baycares Incorporated 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 06/2021, Baycares Incorporated generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $164.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Thompson Secretary/coo | 0 | $0 | |
Michael Hill President/ceo | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $109,920 |
| Pension plans, employee benefits | $12,000 |
| Interest | $0 |
| Taxes | $8,348 |
| Depreciation | $3,510 |
| Occupancy | $14,873 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $964 |
| Other expenses | $15,053 |
| Total operating and administrative expenses | $164,668 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $164,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,529 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,529 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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