Sma Healthcare Foundation Inc
- Assets
- $6.7m
- Revenue
- $768.5k
- Investments
- $606.8k
- Employees
- 0
- Location
- Daytona Beach, FL
- Founding
- 03/1998
- Data as of
- 06/2022
- EIN
- 59-3496645
Organization Overview
Sma Healthcare Foundation Inc is located in Daytona Beach, FL. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sma Healthcare 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 06/2022, Sma Healthcare Foundation Inc generated $768.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $723.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SMA HEALTHCARE FOUNDATION FOSTERS RELATIONSHIPS TO INCREASE COMMUNITY AWARENESS AND SUPPORT FOR SERVICES PROVIDED BY SMA HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL ASSISTANCE TO CLIENTS AND PROGRAMS OF SMA HEALTHCARE INC. THE FOUNDATION FUNDED MORE THAN $335,000 IN PROGRAM ENCHANCEMENTS TO SMA HEALTHCARE INC. IN FY 21-22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Shubirg Secretary | OfficerTrustee | 1 | $0 |
Ryan Will Chairman | OfficerTrustee | 1 | $0 |
Lawrence J Mcdermott Treasurer | OfficerTrustee | 1 | $0 |
R Brooks Casey Vice-Chair | OfficerTrustee | 1 | $0 |
Jennifer Secor Executive Director | Officer | 40 | $0 |
Hank Ashby Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,169 |
| Membership dues | $238 |
| Fundraising events | $65,514 |
| Related organizations | $0 |
| Government grants | $31,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $139,137 |
| Noncash contributions included in lines 1a–1f | $2,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,564 |
| Total Program Service Revenue | $260,000 |
| Investment income | $57,605 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $215,759 |
| Net Income from Fundraising Events | -$6,426 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $768,502 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $335,644 |
| 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 | $0 |
| Fees for services: Accounting | $5,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,217 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $715 |
| Information technology | $6,474 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,986 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $723,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,249 |
| Savings and temporary cash investments | $75,773 |
| Pledges and grants receivable | $0 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $3,634,595 |
| Investments—publicly traded securities | $1,886,330 |
| Investments—other securities | $606,822 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $321,773 |
| Total assets | $6,729,042 |
| Accounts payable and accrued expenses | $1,016 |
| 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 | $548,870 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,506 |
| Total liabilities | $576,392 |
| Net assets without donor restrictions | $5,618,225 |
| Net assets with donor restrictions | $534,425 |
| 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 | $6,729,042 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Sma Healthcare Foundation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Simpkins Family Foundation Inc Winter Park, FL PURPOSE: UNRESTRICTED | $25,000 |
Clay Electric Foundation Inc Keystone Heights, FL PURPOSE: PURSUIT OF THE FOUNDATIONS OVERALL MISSION | $10,000 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $10,000 |
Latitude At Daytona Beach Foundation Inc Tampa, FL PURPOSE: DONATION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ewtn Religious Catalogue Inc Irondale, AL | $3,629,804 | $4,970,670 |
Southeastern Council Of Foundations Inc Atlanta, GA | $2,907,587 | $3,483,118 |
Rjjb Family Foundation Mobile, AL | $17,027,541 | $642,164 |
The Littlejohn Family Foundation Savannah, GA | $11,057,486 | $4,634,557 |
The Sexton Family Foundation Vero Beach, FL | $7,841,933 | $8,130,771 |
Sma Healthcare Foundation Inc Daytona Beach, FL | $6,729,042 | $768,502 |
Robert Trent Jones Golf Trail Foundation Birmingham, AL | $529,613 | $668,691 |
Henriksen Charitable Tr Jacksonville, FL | $8,933,847 | $1,460,365 |
Myron & Elaine Adler Private Foundation Inc Palm Beach Gardens, FL | $5,332,652 | $803,694 |
Dr Jack Widrich Foundation Inc Miami Beach, FL | $1,781,738 | $239,480 |
John H Ellis Foundation Inc Auburn, AL | $2,480,809 | $457,296 |
A Hays Zieman And Christine B Zieman Charitable Trust Mobile, AL | $1,061,862 | $94,256 |