Hospital Hospitality House
Fiscal Year
Fiscal Year Start
01/01/2024
Fiscal Year End
12/31/2024
Projected Revenue
$1,193,500.00
Projected Expenses
$1,193,500.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| hospital hospitality house irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,183,270.00 | $917,897.00 | |
| Total Expenses | $1,047,846.00 | $989,615.00 | |
| Revenue Less Expenses | ($-0.00) | $135,424.00 | ($71,718.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $599,573.00 | $333,946.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $573,327.00 | $299,640.00 | |
| Investment Income, Net of Losses | $6,911.00 | $4,044.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $245,199.00 | |
| Revenue In-Kind | $0.00 | $35,068.00 | |
| Other | $3,459.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $444,916.00 | $391,664.00 | |
| Administration Expense | $418,438.00 | $431,662.00 | |
| Fundraising Expense | $184,492.00 | $166,289.00 | |
| Total Revenue/Total Expenses | 113% | 93% | |
| Program Expense/Total Expenses | 42% | 40% | |
| Fundraising Expense/Contributed Revenue | 18% | 17% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, Grants $599,573.00 | Contributions, Gifts, and Grants $333,946.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Program Revenue $573,327.00 | Program Revenue $299,640.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $6,911.00 | Fundraising Events $245,199.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $7,799,905.00 | $8,077,585.00 | |
| Current Assets | $1,333,434.00 | $1,256,797.00 | |
| Long-Term Liabilities | $0.00 | $700,000.00 | |
| Current Liabilities | $322,118.00 | $123,622.00 | |
| Total Net Assets | $7,477,787.00 | $7,253,963.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$15,000.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| We are very proud to have built such a high fiscal standard at PHHH, securing our long-term service while currently fulfilling our mission. We are also proud to have had no findings in any of our audits and for the praise and encouragement from the independent auditors. We take the stewardship of donor dollars very seriously because we are merely the middlemen in delivering the generosity of others to those who need it most.. |
Foundation Staff Comments
| Financial figures taken from audit. Financial documents prepared by Patterson, Hardee & Ballentine, P.C. Foundation and corporate contributions may be included with Individual Contributions, as figures are not separate in documents. Comments Provided by Hayley Sulfridge 11/30/22. |
