Medical Foundation Of Nashville
- Assets
- $625.2k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-4237528
Organization Overview
Medical Foundation Of Nashville is located in Nashville, TN. The organization was established in 2018. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. Medical Foundation Of Nashville 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, Medical Foundation Of Nashville generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 28.3% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERING OUR COMMUNITY BY SUPPORTING HEALTH ACCESS, PROMOTING HEALTHY LIFESTYLES, CHAMPIONING HEALTH & MEDICAL EDUCATION, & COOPERATING WITH OTHER CHARITABLE ENTITIES TO WORK TOWARDS A HEALTHIER NASHVILLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEDICAL FOUNDATION OF NASHVILLE FULFILLS ITS MISSION THROUGH PUBLIC HEALTH EDUCATION, COORDINATED CHARITY CARE, AND EDUCATION FOR PHYSICIANS AND PHYSICIANS IN TRAINING. COORDINATED CHARITY CARE - PROJECT ACCESS NASHVILLE SPECIALTY CARE: --------------------------------------------------------------------------- THE PRIMARY PROGRAM OF THE FOUNDATION IS PROJECT ACCESS NASHVILLE SPECIALTY CARE (PANSC). USING A NETWORK OF OVER 2,100 VOLUNTEER PHYSICIANS, HOSPITAL PARTNERS & COMMUNITY CLINICS, PANSC PROVIDES A COORDINATED SYSTEM OF CARE TO LOW-INCOME, UNINSURED RESIDENTS OF DAVIDSON COUNTY & 35 OTHER MIDDLE TENNESSEE COUNTIES WHO ARE BELOW 200% OF THE FEDERAL POVERTY LEVEL. - CONTINUED ON SCHEDULE O -
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Leslie MBA CEO | Officer | 20 | $85,531 |
Christopher Ott MD Board Chair | OfficerTrustee | 1.5 | $0 |
Marilynn Michaud MD Secretary/tr | OfficerTrustee | 1 | $0 |
Ralph Atkinson MD Immediate Pa | OfficerTrustee | 0.5 | $0 |
Natalie Dickson MD Director | Trustee | 0.5 | $0 |
M Kevin Smith MD Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,813 |
| Related organizations | $0 |
| Government grants | $1,287,187 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,459,305 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,165 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,432,140 |
| 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. | $93,636 |
| Compensation of current officers, directors, key employees. | $5,290 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $743,102 |
| Pension plan accruals and contributions | $21,641 |
| Other employee benefits | $51,339 |
| Payroll taxes | $64,363 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $105,969 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,313 |
| Office expenses | $57,815 |
| Information technology | $92,537 |
| Royalties | $0 |
| Occupancy | $64,086 |
| Travel | $4,324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,338 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,806 |
| Insurance | $2,585 |
| All other expenses | $0 |
| Total functional expenses | $1,358,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,284 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $578,272 |
| 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 | $5,485 |
| Net Land, buildings, and equipment | $7,122 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $625,163 |
| Accounts payable and accrued expenses | $19,021 |
| 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 | $238,429 |
| Total liabilities | $257,450 |
| Net assets without donor restrictions | $339,516 |
| Net assets with donor restrictions | $28,197 |
| 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 | $625,163 |