Dayspring Health Inc is located in Jellico, TN. The organization was established in 1977. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 01/2024, Dayspring Health Inc employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayspring Health 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 01/2023, Dayspring Health Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $9.6m during the year ending 01/2023. While expenses have increased by 9.7% per year over the past 8 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
TO PROVIDE RURAL APPALACHIAN COMMUNITIES ACCESS TO AFFORDABLE, QUALITY HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY HEALTH CENTER CLINICS PROVIDE PRIMARY CARE SERVICES, INCLUDING BEHAVIORAL HEALTH, OB/GYN, AND DENTAL SERVICES TO RURAL APPALACHIAN COMMUNITITES THAT HAVE A HIGH NUMBER OF INDIVIDUALS UNDER POVERTY LIMITS AND ARE UNDER-INSURED OR UNINSURED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Denham-blythe Company Inc Construction Contractor - New Site | 1/30/24 | $5,629,630 |
Med Tech Solutions It Cloud Services & Software Solutions | 1/30/24 | $564,348 |
Eckart Supply Subcontractor For New Building - Electrical Work | 1/30/24 | $181,324 |
Pharma Strategies Llc 340b Consulting Services | 1/30/24 | $173,678 |
Adaptive Medical Partners (Amp) Recruitment | 1/30/24 | $154,815 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $3,946,354 |
All other contributions, gifts, grants, and similar amounts not included above | $7,820 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,954,174 |
Total Program Service Revenue | $7,637,525 |
Investment income | $30,513 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $35,835 |
Net Gain/Loss on Asset Sales | $1,715 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,215,774 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,939,067 |
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. | $498,887 |
Compensation of current officers, directors, key employees. | $204,041 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,657,091 |
Pension plan accruals and contributions | $175,740 |
Other employee benefits | $840,153 |
Payroll taxes | $369,415 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,941 |
Fees for services: Accounting | $49,159 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,044 |
Fees for services: Other | $443,679 |
Advertising and promotion | $43,248 |
Office expenses | $249,957 |
Information technology | $718,824 |
Royalties | $0 |
Occupancy | $153,727 |
Travel | $59,346 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,754 |
Interest | $80,336 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $337,564 |
Insurance | $128,394 |
All other expenses | $0 |
Total functional expenses | $9,579,652 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,064,611 |
Savings and temporary cash investments | $3,576,829 |
Pledges and grants receivable | $722,127 |
Accounts receivable, net | $954,045 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $265,731 |
Prepaid expenses and deferred charges | $222,609 |
Net Land, buildings, and equipment | $3,915,781 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $364,288 |
Total assets | $11,086,021 |
Accounts payable and accrued expenses | $1,186,568 |
Grants payable | $0 |
Deferred revenue | $779,799 |
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 | $2,540,110 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,506,477 |
Net assets without donor restrictions | $6,579,544 |
Net assets with donor restrictions | $0 |
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 | $11,086,021 |