Flow Health Care Foundation Inc
- Assets
- $5.8m
- Revenue
- $552.9k
- Investments
- $5.8m
- Employees
- 0
- Location
- Denton, TX
- Founding
- 09/1986
- Data as of
- 12/2023
- EIN
- 75-2123254
Organization Overview
Flow Health Care Foundation Inc is located in Denton, TX. The organization was established in 1986. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Flow Health 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 12/2023, Flow Health Care Foundation Inc generated $552.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $309.6k during the year ending 12/2023. While expenses have increased by 2.1% 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.
Since 2015, Flow Health Care Foundation Inc has awarded 112 individual grants totaling $2,224,221. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Marla Strittmatter Director | 1 | $0 | |
David Bouschor Director/fc | 1 | $0 | |
Roy P Anderson Treasurer | 3 | $0 | |
Dr John Shelton Director | 1 | $0 | |
Dr Anna Love Chairman | 1 | $0 | |
J Todd Price Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,230 |
| Dividends & Interest | $189,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $360,003 |
| Capital Gain Net Income | $360,003 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $552,865 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,660 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $392 |
| Printing and publications | $0 |
| Other expenses | $21,690 |
| Total operating and administrative expenses | $28,793 |
| Contributions, gifts, grants paid | $280,780 |
| Total expenses and disbursements | $309,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,384 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $3,127 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,763,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $280,780 |
| 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 | $280,780 |
Grants Awarded
Over the last fiscal year, Flow Health Care Foundation Inc has awarded $280,780 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ANNS HAVEN VNA PURPOSE: HEALTH SERVICES | $7,500 |
DENTON COUNTY FRIENDS OF THE FAMILY PURPOSE: HEALTH SERVICES | $15,000 |
DENTON KIWANIS CHILDREN'S CLINIC PURPOSE: HEALTH SERVICES | $30,000 |
FAIROAKS RETIREMENT CENTER PURPOSE: HEALTH SERVICES | $5,280 |
PEDI PLACE PURPOSE: HEALTH SERVICES | $35,000 |
TEXAS WOMAN'S UNIVERSITY PURPOSE: HEALTH CARE SUPPORT & SCHOLARSHIP | $5,000 |