Nashville General Hospital Foundation
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $593,972.00 | $620,917.00 | |
| Total Expenses | $665,567.00 | $420,318.00 | |
| Revenue Less Expenses | ($71,595.00) | ($-0.00) | $200,599.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 | $395,308.00 | $382,947.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $793.00 | $914.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $197,871.00 | $235,645.00 | |
| Other | $0.00 | $1,411.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $569,145.00 | $304,931.00 | |
| Administration Expense | $72,101.00 | $49,397.00 | |
| Fundraising Expense | $24,321.00 | $65,990.00 | |
| Total Revenue/Total Expenses | 89% | 148% | |
| Program Expense/Total Expenses | 86% | 73% | |
| Fundraising Expense/Contributed Revenue | 4% | 16% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $395,308.00 | $0.00 | Contributions, Gifts, and Grants $382,947.00 |
| Second Highest Funding Source & Dollar Amount | Noncash Contributions $197,871.00 | $0.00 | Noncash Contributions $235,645.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $793.00 | $0.00 | Other Revenue $1,411.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,045,477.00 | $1,089,643.00 | |
| Current Assets | $836,626.00 | $892,592.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $22,600.00 | $23,817.00 | |
| Total Net Assets | $1,022,877.00 | $1,065,826.00 |
Endowment Info
Do you have an endowment?
No
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
December
Permit Expiration Year
2024
Form 990s
Audit Documents
| NGHF FY | 2023 |
| NGHF FY2021 | 2021 |
| NGHF Financial Statement and Auditor | 2020 |
| 2018-2019 Audited Financials | 2019 |
| FY 2018 CPA Audit | 2018 |
| NGHF Audit | 2017 |
| NGHF Audit | 2016 |
| FY 2015 CPA Audit | 2015 |
| Friends In General 2014 Audit | 2014 |
| Friends In General 2013 Audit | 2013 |
| Friends In General 2012 Audit | 2012 |
| friends in general 2011 audit | 2011 |
| friends in general 2010 audit | 2010 |
| friends in general 2009 audit | 2009 |
| friends in general 2008 audit | 2008 |
| friends in general 2007 audit | 2007 |
| friends in general 2006 audit | 2006 |
| friends in general 2005 audit | 2005 |
CEO/Executive Director/Board Comments
| The Nashville General Hospital Foundation seeks to ensure that its financial practices are based on the fundamental values of fiscal accountability, responsibility, and openness. The Board of Directors regularly evaluates corporate performance in order to improve charitable operations, governance, public benefit mission, financial management, and fundraising. NGHF maintains its fund balances in FDIC insured bank accounts below the $100,000 limit. The charity also requires that for expenses over $1000, all checks must be countersigned by two officers. |
Foundation Staff Comments
| Financial taken from the audit. Financials completed by UHY Advisors. Comment provided by Hayley Sulfridge 12/16/24. |
