Share Medical Center Foundation
- Assets
- $376.2k
- Revenue
- $35.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Alva, OK
- Founding
- 06/2001
- Data as of
- 06/2020
- EIN
- 73-1608371
Organization Overview
Share Medical Center Foundation is located in Alva, OK. The organization was established in 2001. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Share Medical Center Foundation 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 06/2020, Share Medical Center Foundation generated $35.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $64.7k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR THE BUILDING, EQUIPMENT, AND EMPLOYEE TRAINING OF THE SHARE MEDICAL CENTER AS WELL AS OTHER FUNDS FOR GENERAL OPERATIONS OF THE CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE FUNDS FOR THE BUILDING, EQUIPMENT, AND EMPLOYEE TRAINING OF THE SHARE MEDICAL CENTER AND FOR THE GENERAL OPERATIONS OF THE CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rita Goodrich Secretary | Officer | 1 | $0 |
Steve Knox Vice Chairman Of The Board | Officer | 1 | $0 |
Elizabeth Smith Chairman Of The Board | Officer | 1 | $0 |
Kelly Parker Executive Director | Officer | 8 | $0 |
Kandice Allen CEO | Officer | 0 | $0 |
Sue Reed Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,483 |
| Investment income | $7,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,304 |
| Statement of Expenses | |
|---|---|
| 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 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 | $1,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,622 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $154 |
| Information technology | $949 |
| 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 | $64,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,996 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $265,166 |
| Total assets | $376,162 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $376,162 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Share Medical Center Foundation has recieved totaling $22,218.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Oklahoma Inc Oklahoma City, OK PURPOSE: OPERATIONS GRANT | $12,193 |
William R And Billie Dean Buckles Foundation Alva, OK PURPOSE: GENERAL FUND | $10,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ozarks Coca-Cola Dr Pepper Bottling Company Group Health Care Trust Springfield, MO | $7,831,308 | $12,060,028 |
Ascension St John Foundation St Louis, MO | $103,759,239 | $15,321,918 |
Integris Health Foundation Inc Oklahoma City, OK | $92,062,321 | $6,628,637 |
Dr Ralph And Marian Falk Medical Research Trust Dallas, TX | $157,031,108 | $27,774,925 |
Truman Medical Center Charitable Foundation Kansas City, MO | $28,332,798 | $9,393,864 |
St John Health System Foundation Inc St Louis, MO | $83,967,930 | $10,002,573 |
Baxter Regional Health System Mountain Home, AR | $14,213,450 | $5,449,771 |
West Texas Rehabilitation Center Foundation Abilene, TX | $206,763,020 | $14,541,495 |
Mercy Health Foundation Springfield Springfield, MO | $38,275,531 | $1,985,040 |
Adventhealth Family Medicine Rural Health Clinics Inc Lampasas, TX | $9,726,205 | $5,929,517 |
Presbyterian Healthcare Foundation Albuquerque, NM | $137,827,322 | $16,177,459 |
Mercy Health Foundation Northwest Arkansas Rogers, AR | $34,793,872 | $7,195,266 |