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 | $620,917.00 | ||
| Total Expenses | $420,318.00 | ||
| Revenue Less Expenses | ($-0.00) | ($-0.00) | $200,599.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | ||
| Government - Federal | $0.00 | ||
| Government - State | $0.00 | ||
| Government - Local | $0.00 | ||
| Government - Unspecified | $0.00 | ||
| Contributions, Gifts, and Grants | $382,947.00 | ||
| Indirect Public Support | $0.00 | ||
| Earned Revenue | $0.00 | ||
| Investment Income, Net of Losses | $914.00 | ||
| Membership Dues | $0.00 | ||
| Special Events | $0.00 | ||
| Revenue In-Kind | $235,645.00 | ||
| Other | $1,411.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $304,931.00 | ||
| Administration Expense | $49,397.00 | ||
| Fundraising Expense | $65,990.00 | ||
| Total Revenue/Total Expenses | 148% | ||
| Program Expense/Total Expenses | 73% | ||
| Fundraising Expense/Contributed Revenue | 16% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | $0.00 | Contributions, Gifts, and Grants $382,947.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Noncash Contributions $235,645.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Other Revenue $1,411.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,089,643.00 | ||
| Current Assets | $892,592.00 | ||
| Long-Term Liabilities | $0.00 | ||
| Current Liabilities | $23,817.00 | ||
| Total Net Assets | $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
2023
Form 990s
Audit Documents
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 Patterson, Hardee & Ballentine, P.C.. Comment provided by Hayley Sulfridge 3/10/22. |
