Medic One Foundation
- Assets
- $9.8m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 8
- Location
- Bellevue, WA
- Founding
- 05/1975
- Data as of
- 12/2023
- EIN
- 91-6183158
Organization Overview
Medic One Foundation is located in Bellevue, WA. The organization was established in 1975. As of 12/2023, Medic One Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medic One 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 12/2023, Medic One Foundation generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $3.9m during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 9 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, Medic One Foundation has awarded 45 individual grants totaling $9,362,722. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MEDIC ONE FOUNDATION SAVES LIVES BY IMPROVING PRE-HOSPITAL EMERGENCY CARE. SINCE 1974, WE HAVE INVESTED $35 MILLION IN PARAMEDIC TRAINING, RESEARCH TO IMPROVE PATIENT OUTCOMES, EQUIPMENT TO HELP FIRE DEPARTMENTS SAVE MORE LIVES, AND CPR/FIRST AID TRAINING FOR CITIZEN RESPONDERS. WE RELY SOLELY ON CONTRIBUTIONS TO ACCOMPLISH OUR LIFESAVING MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARAMEDIC TRAINING & CONTINUING EDUCATION - THE ORGANIZATION PROVIDED TRAINING FOR 22 PARAMEDICS FROM ISLAND, JEFFERSON, KING AND SNOHOMISH COUNTIES; FUNDED 120 HOURS OF CONTINUING MEDICAL EDUCATION FOR 260 SEATTLE AND KING COUNTY PARAMEDICS; AND PURCHASED ADDITIONAL TRAINING MANIKINS SO THAT PARAMEDIC STUDENTS COULD MEET SOCIAL DISTANCING REQUIREMENTS.
THE FOUNDATION FUNDED 7 EMERGENCY EQUIPMENT GRANTS TO AIRLIFT NORTHWEST, BELLEVUE FIRE DEPARTMENT, NICK OF TIME FOUNDATION, PUGET SOUND FIRE, SNOHOMISH COUNTY FIRE DISTRICT 21, SEATTLE FIRE DEPARTMENT AND VASHON ISLAND FIRE AND RESCUE.
GRANTS FOR SPECIAL PROJECTS RELATED TO PRE-HOSPITAL EMERGENCY SERVICES. LICENSING AND PROMOTION OF PULSEPOINT MOBLE APP FOR KING AND SNOHOMISH COUNTIES, EMERGENCY MEDICAL TECHNICIAN (EMT) SCHOLARSHIPS, FIRE AND EMS ADVANCEMENT, VIAL OF LIFE, MENTAL HEALTH RESILIENCE TRAINING, MEDIC ONE COMMUNITY AWARENESS AND OTHER SPECIAL PROJECTS.
PROVIDED CRITICAL CPR/AED AND FIRST AID TRAINING, BOTH CERTIFIED AND HANDS ONLY, FOR ALMOST 5,000 CITIZENS IN KING COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Webster President | OfficerTrustee | 2 | $0 |
Craig Peterson President/treasur | OfficerTrustee | 2 | $0 |
Brooks Simpson President | OfficerTrustee | 2 | $0 |
John Mcgary Secretary | OfficerTrustee | 2 | $0 |
Gary Bezowsky Director | Trustee | 1 | $0 |
Michael Copass MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $246,240 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,507,955 |
| Noncash contributions included in lines 1a–1f | $569,249 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,754,195 |
| Total Program Service Revenue | $0 |
| Investment income | $294,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $442,344 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,490,802 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,084,557 |
| 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. | $228,105 |
| Compensation of current officers, directors, key employees. | $49,894 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $449,819 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $109,161 |
| Payroll taxes | $60,687 |
| Fees for services: Management | $25,865 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,000 |
| Fees for services: Investment Management | $55,075 |
| Fees for services: Other | $289,060 |
| Advertising and promotion | $50,986 |
| Office expenses | $130,015 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,234 |
| Travel | $9,524 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,117 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,502 |
| Insurance | $5,298 |
| All other expenses | $0 |
| Total functional expenses | $3,907,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,632 |
| Savings and temporary cash investments | $3,371,234 |
| Pledges and grants receivable | $30,500 |
| 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 | $41,706 |
| Net Land, buildings, and equipment | $3,649 |
| Investments—publicly traded securities | $5,974,109 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $188,962 |
| Total assets | $9,818,792 |
| Accounts payable and accrued expenses | $211,994 |
| Grants payable | $280,259 |
| 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 | $123,754 |
| Total liabilities | $616,007 |
| Net assets without donor restrictions | $5,419,862 |
| Net assets with donor restrictions | $3,782,923 |
| 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 | $9,818,792 |
Grants Awarded
Over the last fiscal year, Medic One Foundation has awarded $2,070,705 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AIRLIFT NW PURPOSE: EMERGENCY MEDICAL EQUIPMENT | $6,000 |
NORTH SEATTLE COLLEGE PURPOSE: EMT SCHOLARSHIPS | $14,861 |
RESUSCITATION ACADEMY PURPOSE: RESEARCH PROJECT | $25,000 |
SEATTLE FIRE DEPARTMENT PURPOSE: EMERGENCY MEDICAL EQUIPMENT | $14,105 |
PUGET SOUND REGIONAL FIRE AUTHORITY PURPOSE: EMERGENCY MEDICAL EQUIPMENT | $8,781 |
SNOHOMISH COUNTY 911 PURPOSE: PULSEPOINT RENWAL | $28,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medic One Foundation Bellevue, WA | $9,818,792 | $5,490,802 |
Southern Region Emergency Medical Services Council Inc Anchorage, AK | $2,334,320 | $1,712,993 |
Copper River Emergency Medical Services Council Inc Glennallen, AK | $293,996 | $216,239 |
North Central Regional Ems & Trauma Care Council Wenatchee, WA | $280,272 | $189,589 |
North Region Emergency Medical Services & Trauma Care Council Anacortes, WA | $108,460 | $191,886 |
Institute For Emergency Medical Education Bellingham, WA | $130,997 | $143,720 |
Emergency Medical Services Council Of Whatcom County Bellingham, WA | $457,228 | $51,868 |