Ardmore Insitiute Of Health
- Assets
- $90.9m
- Revenue
- $13.2m
- Investments
- $80.4m
- Employees
- 2
- Location
- Ardmore, OK
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 73-0550692
Organization Overview
Ardmore Insitiute Of Health is located in Ardmore, OK. The organization was established in 2016. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2022, Ardmore Insitiute Of Health employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardmore Insitiute Of Health 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 12/2022, Ardmore Insitiute Of Health generated $13.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $5.8m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 4 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.
Since 2019, Ardmore Insitiute Of Health has awarded 162 individual grants totaling $9,304,328. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
FULL PLATE LIVING PROGRAM (WEIGHT-LOSS AND DIABETES)MULTIPLE INDIVIDUALS WERE PROVIDED THE FPL PROGRAMS IN 2022 FREE OF CHARGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Stout MD MPH President/ceo | 40 | $486,948 | |
Janet Calhoun Senior Vp/coo/ Treasurer | 40 | $369,399 | |
Brenda Rea MD Drph Ptrd Board Chair/trustee | 1 | $9,500 | |
Franklin House MD Trustee | 1 | $1,000 | |
Karen Waddell Vice Chair/trustee | 1 | $5,500 | |
Robert L Roy II Investment Committee Chair/trustee | 1 | $6,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Leif Ramsey Pictures Llc | 12/30/22 | $270,000 |
Superior Title Services Ii Llc | 12/30/22 | $135,550 |
Smith Carney & Co | 12/30/22 | $96,034 |
Hall Estill Hardwick Gable Golden & Nelson | 12/30/22 | $57,135 |
Martindale Consultants Inc | 12/30/22 | $54,964 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $18,021 |
| Dividends & Interest | $15,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,496,083 |
| Capital Gain Net Income | $4,496,083 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $14,846 |
| Other Income | $8,647,930 |
| Total Revenue | $13,195,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $904,847 |
| Other employee salaries and wages | $582,181 |
| Pension plans, employee benefits | $236,917 |
| Interest | $0 |
| Taxes | $343,942 |
| Depreciation | $6,325 |
| Occupancy | $68,323 |
| Travel, conferences, and meetings | $156,221 |
| Printing and publications | $0 |
| Other expenses | $243,627 |
| Total operating and administrative expenses | $3,654,701 |
| Contributions, gifts, grants paid | $2,183,306 |
| Total expenses and disbursements | $5,838,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $932,294 |
| Savings and temporary cash investments | $2,396,480 |
| Net Accounts receivable | $580,236 |
| 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 | $686,635 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $50,326 |
| Other assets | $5,917,381 |
| Total assets | $90,940,396 |
| Accounts payable and accrued expenses | $336,506 |
| 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 | $336,506 |
Grants Awarded
Over the last fiscal year, Ardmore Insitiute Of Health has awarded $2,183,306 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY OF FAMILY PHYSICIANS FOUNDATION PURPOSE: FINANCIAL SUPPORT | $249,717 |
AMERICAN ACADEMY OF FAMILY PHYSICIANS FOUNDATION PURPOSE: FINANCIAL SUPPORT | $6,000 |
AMERICAN COLLEGE OF LIFESTYLE MEDICINE PURPOSE: FINANCIAL SUPPORT | $50,000 |
AMERICAN COLLEGE OF LIFESTYLE MEDICINE PURPOSE: FINANCIAL SUPPORT | $69,000 |
AMERICAN COLLEGE OF LIFESTYLE MEDICINE PURPOSE: FINANCIAL SUPPORT | $50,000 |
AMERICAN COLLEGE OF LIFESTYLE MEDICINE PURPOSE: FINANCIAL SUPPORT | $7,200 |