Bacon County Hospital Foundation Inc
- Assets
- $50.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alma, GA
- Founding
- 05/2017
- Data as of
- 06/2022
- EIN
- 81-4388871
Organization Overview
Bacon County Hospital Foundation Inc is located in Alma, GA. The organization was established in 2017. 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. Bacon County Hospital 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, Bacon County Hospital Foundation Inc generated $24.5k 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 (16.2%) each year. All expenses for the organization totaled $11.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SOLE PURPOSE OF THE CORPORATION IS TO SERVE AS A SUPPORTING ORGANIZATION TO THE BACON COUNTY HOSPITAL AND HEALTH SYSTEM AUTHORITY (THE "AUTHORITY") AND ITS SUBSIDIARIES IN A MANNER CONSISTENT WITH THE TERMS, CONDITIONS AND REQUIREMENTS OF SECTION 501(C)(3) AND SECTION 170(C)(2) OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTIONS OF ANY FUTURE FEDERAL TAX CODE; TO HELP THE AUTHORITY DEVELOP AND EXPAND FACILITIES, EQUIPMENT, BUILDINGS, AND SCIENTIFIC AND MEDICAL RESEARCH; TO INTERPRET THE AIMS, OBJECTIVES AND NEEDS OF THE AUTHORITY TO THE PUBLIC WITH A VIEW TO A BETTER UNDERSTANDING AND PROGRESS OF THE AUTHORITY, AND, TO INCREASE THE USEFULNESS OF THE AUTHORITY TO THE CITIZENS OF BACON COUNTY AND THE SURROUNDING COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latrell Turner Chairman | 1 | $0 | |
Sara Davis Vice Chairma | 1 | $0 | |
Buck Harnage Board Member | 1 | $0 | |
Daniel Hyers Board Member | 1 | $0 | |
Roger Staten Board Member | 1 | $0 | |
Mike Wheeler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,117 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,383 |
| Other Revenue | $0 |
| Total Revenue | $24,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $308 |
| Total expenses | $11,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,179 |
| Other assets | $0 |
| Total assets | $50,179 |
| Total liabilities | $5,500 |
| Net assets or fund balances | $44,679 |