Variety Care Foundation Inc
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 06/1960
- Data as of
- 06/2022
- EIN
- 73-0580273
Organization Overview
Variety Care Foundation Inc is located in Oklahoma City, OK. The organization was established in 1960. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Variety Care 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, Variety Care Foundation Inc generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE PHILANTHROPIC SUPPORT AND AWARENESS FOR VARIETY CARE, INC.(A FEDERALLY QUALIFIED HEALTH CENTER, EIN 73-1088577)BY BUILDING COMMUNITY INVOLVEMENT. GIFTS TO THE FOUNDATION ENABLE VARIETY CARE TO CARRY OUT ITS MISSION TO SERVE OUR COMMUNITY THROUGH ACCESSIBLE AND AFFORDABLE HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT TO VARIETY CARE'S MEDICAL, DENTAL, PEDIATRICS, BEHAVIORAL HEALTH, OPTOMETRY, PHARMACY AND FAMILY PLANNING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lou Carmichael CEO | Officer | 1 | $0 |
Leigh Ann Albers Chair | Trustee | 1 | $0 |
Louis Almaraz Board Treasu | Trustee | 1 | $0 |
Tina Biard Board Secret | Trustee | 1 | $0 |
Logan Collins Board Member | Trustee | 1 | $0 |
Hilary Brookins Board Member | Trustee | 1 | $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 | $1,418,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,418,469 |
| Total Program Service Revenue | $0 |
| Investment income | $2,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $159,402 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,565,597 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,596 |
| Office expenses | $4,012 |
| Information technology | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,732,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,068,628 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $701,175 |
| 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 | $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 | $70,828 |
| Total assets | $1,840,631 |
| Accounts payable and accrued expenses | $149,648 |
| 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 | $0 |
| Total liabilities | $149,648 |
| Net assets without donor restrictions | $849,508 |
| Net assets with donor restrictions | $841,475 |
| 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 | $1,840,631 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Variety Care Foundation Inc has recieved totaling $329,500.
| Awarding Organization | Amount |
|---|---|
E L And Thelma Gaylord Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $300,000 |
Love Meyer Family Foundation Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $25,000 |
Bowen Foundation Oklahoma City, OK PURPOSE: CHARITABLE | $2,500 |
Gabcare Foundation Oklahoma City, OK PURPOSE: SUPPORT OF CHARITABLE MISSION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Springs Medical Association Ellington, MO | $16,418,546 | $19,514,553 |
Richland Medical Center Inc Richland, MO | $12,501,525 | $20,675,433 |
1st Choice Healthcare Inc Corning, AR | $30,108,246 | $26,466,307 |
Cloud County Health Center Inc Concordia, KS | $19,458,806 | $19,740,786 |
Mercy Hospital Berryville Berryville, AR | $4,645,616 | $18,449,108 |
Heartland Medical Clinic Inc Lawrence, KS | $6,879,487 | $18,093,760 |
Tyler Family Circle Of Care Tyler, TX | $23,015,653 | $18,767,550 |
River Valley Primary Care Services Incorporated Ratcliff, AR | $13,283,369 | $17,570,886 |
Ascension Living St Francis Place St Louis, MO | $10,079,462 | $12,062,040 |
Regional Health Care Clinic Inc Sedalia, MO | $17,299,047 | $16,397,671 |
V N A Corporation Kansas City, MO | $5,927,823 | $14,526,929 |
Project Vida Health Center El Paso, TX | $7,394,555 | $13,687,641 |