Parkview Foundation INC FY2019 filing

Fort Wayne, INUnknown exempt organizationEIN 23-7220589Revenue $4.1M in FY2019

On file with the IRSparkviewfoundations.org3844 New Vision Dr · Fort Wayne, IN

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To serve as the primary fundraising entity for Parkview hospital, INC.

36¢ of each $1 spent went to programs.
$406K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2019 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $524K a year · 16% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
36%
of spending
Concern: 36% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$406K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$372K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 12 voting members
Looks good: 7 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.1M
Spent
$3.1M
To programs
36%
Net assets
$15.7M
By yearFY2019–FY2023
Revenue
$4.1M
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$4.1M
FY2020$3.6M
FY2021$3.3M
FY2022$2.0M
FY2023$3.1M
Expenses
$3.1M
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$3.1M
FY2020$4.2M
FY2021$2.4M
FY2022$1.8M
FY2023$2.0M
Net assets
$15.7M
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$15.7M
FY2020$16.0M
FY2021$17.5M
FY2022$15.6M
FY2023$0

From the FY2019 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

36 cents of each dollar spent went to programs.

Program services 36% · $1.1M Management & general 23% · $697K Fundraising 41% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $406K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director-Partial Yr/SVP Foundations
$271,236Pt VII · Sec A
Pvfnd Dir Leadership Gifts
$135,039Pt VII · Sec A
Director/Ph Physician
$0Pt VII · Sec A
Director/Ph Physician
$0Pt VII · Sec A
Director/Pvhos President
$0Pt VII · Sec A
Director-Partial Yr
$0Pt VII · Sec A
Director/Ph Physician
$0Pt VII · Sec A
Former Hc Employee/Current Wbfnd Comm Hosp Fnd Dir
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020FY2019
Timothy McElwee————$271,236
Denise Andorfer$159,211$165,398$154,105$125,358—
Lizabeth Squires————$135,039
Shawnalee Pusey—$112,349$107,184——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Parkview Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds to support Parkview Hospital's services and operations.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2019
01

At parkview health system, inc. We maintain foundations for each of our hospitals. These nonprofit organizations provide philanthropic support for our mission of providing quality health services to all who entrust their care to parkview.

$1.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$6K
Grants paid · 26 grants · $6.4M · 2019–2023
Parkview Hospital INCIN · FY2023$655,353
Parkview Health System INCIN · FY2023$254,533
Unitemized GrantFY2023$80,000
Unitemized GrantFY2023$40,572
Parkview Hospital INCIN · FY2022$631,096
Parkview Health System INCIN · FY2022$145,697
Unitemized GrantFY2022$66,050
Unitemized GrantFY2022$42,853
Parkview Hospital INCIN · FY2021$698,883
Parkview Health System INCIN · FY2021$492,665
Unitemized GrantFY2021$48,750
Unitemized GrantFY2021$46,003
Parkview Hospital INCIN · FY2020$1,489,462
Unitemized GrantFY2020$514,463
Parkview Health System INCIN · FY2020$139,359
Unitemized GrantFY2020$31,855
See all 26 grants →

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$465K
Money outPt IX
$3.1M
Ln 25
Programscol B$1.1M
Managementcol C$697K
Fundraisingcol D$1.3M
Owns and owesPt X
$15.7M
net assets · Ln 32
Cash and savingsLn 1–2$863K
Total assetsLn 16$16.0M
LiabilitiesLn 26$372K
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Noncash giftsLn 1g$50K
Fundraising eventsLn 1c$391K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$465K
Gains on assetsLn 7$56K
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
SavingsLn 2$863K
Cash and savings togetherLn 1–2$863K
InvestmentsLn 11–13$14.4M
Land, buildings, equipmentLn 10c$677
Other assetsLn 15$54K
Total assetsLn 16$16.0M
LiabilitiesLn 26$372K
Net assetsLn 32$15.7M
OperationsPt I, VI
EmployeesI 56
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$2.1M$863K
InvestmentsLn 11–13$10.8M$14.4M
Land, buildings, equipmentLn 10c$881$677
Total assetsLn 16$13.8M$16.0M
LiabilitiesLn 26$241K$372K
Net assetsLn 32$13.5M$15.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$748K$748K
Grants to domestic individualsLn 2$95K$95K
Pay of current officers, directors and key staffLn 5$299K$45K$90K$165K
Other salaries and wagesLn 7$729K$109K$219K$401K
Other employee benefitsLn 9$288K$43K$86K$158K
Professional fundraising feesLn 11e$221K$221K
Investment management feesLn 11f$15K$15K
Other fees for servicesLn 11g$5K$1K$526$3K
Advertising and promotionLn 12$43K$4K$39K
Office expensesLn 13$129K$14K$4K$111K
Information technologyLn 14$54K$14K$5K$35K
OccupancyLn 16$134K$33K$14K$87K
TravelLn 17$17K$2K$2K$13K
Conferences, conventions and meetingsLn 19$13K$1K$1K$10K
InterestLn 20$823$823
Depreciation, depletion and amortizationLn 22$203$51$20$132
Other expenses (24a–d)Ln 24$287K$2K$261K$24K
Total functional expensesLn 25$3.1M$1.1M$697K$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $3.1M$2.0M$1.1M$0 990 PDF
FY2022 $2.0M$1.8M$194K$15.6M 990 PDF
FY2021 $3.3M$2.4M$931K$17.5M 990 PDF
FY2020 $3.6M$4.2M−$560K$16.0M 990 PDF
FY2019 Viewing $4.1M$3.1M$1.0M$15.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $4,082,106 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,162,723$1,239,457
I-9 Program service revenuePrior year $0$2,419,478
I-10 Investment incomePrior year $319,824$465,249
I-11 Other revenuePrior year −$24,712−$42,078
I-12 Total revenuePrior year $5,457,835$4,082,106
I-13 Grants and similar amounts paidPrior year $905,984$843,311
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,295,393$1,316,058
I-16a Professional fundraising feesPrior year $308,670$220,639
I-17 Other expensesPrior year $540,356$698,144
I-18 Total expensesPrior year $3,050,403$3,078,152
I-19 Revenue less expensesPrior year $2,407,432$1,003,954
Part VI · Governance 7 of 12 board members independent, 1 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $4,082,106 across 10 lines filed
Lines not itemized here account for $6,016 of total revenue; see the IRS return.
VIII-1c Fundraising events$390,625
VIII-1f All other contributions, gifts and grants$848,832
VIII-1g Noncash contributions (included above)$49,628
VIII-1h Total contributions, gifts and grants$1,239,457
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,419,478$2,419,478
VIII-3 Investment incomeExcluded from tax $409,665$409,665
VIII-7 Net gain or loss on sales of assetsExcluded from tax $55,584$55,584
VIII-8 Net income from fundraising eventsExcluded from tax −$49,830−$49,830
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,736$1,736
VIII-12 Total revenueRelated to mission $2,421,214 · Unrelated business $0 · Excluded from tax $421,435$4,082,106
Part IX · Statement of functional expenses $3,078,152 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $747,967$747,967
IX-2 Grants to domestic individualsPrograms $95,344$95,344
IX-5 Pay of current officers, directors and key staffPrograms $44,893 · Management $89,787 · Fundraising $164,610$299,290
IX-7 Other salaries and wagesPrograms $109,377 · Management $218,756 · Fundraising $401,052$729,185
IX-9 Other employee benefitsPrograms $43,138 · Management $86,275 · Fundraising $158,170$287,583
IX-11e Professional fundraising feesFundraising $220,639$220,639
IX-11f Investment management feesManagement $14,990$14,990
IX-11g Other fees for servicesPrograms $1,315 · Management $526 · Fundraising $3,418$5,259
IX-12 Advertising and promotionPrograms $4,345 · Fundraising $39,107$43,452
IX-13 Office expensesPrograms $13,886 · Management $4,229 · Fundraising $110,720$128,835
IX-14 Information technologyPrograms $13,548 · Management $5,419 · Fundraising $35,225$54,192
IX-16 OccupancyPrograms $33,437 · Management $13,925 · Fundraising $86,938$134,300
IX-17 TravelPrograms $1,660 · Management $1,660 · Fundraising $13,284$16,604
IX-19 Conferences, conventions and meetingsPrograms $1,269 · Management $1,269 · Fundraising $10,153$12,691
IX-20 InterestFundraising $823$823
IX-22 Depreciation, depletion and amortizationPrograms $51 · Management $20 · Fundraising $132$203
IX-24 Other expenses (24a–d)Programs $1,830 · Management $260,549 · Fundraising $24,416$286,795
IX-25 Total functional expensesPrograms $1,112,060 · Management $697,405 · Fundraising $1,268,687$3,078,152
Part X · Balance sheet $16,034,322 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,118,576$863,473
X-3 Pledges and grants receivableStart of year $856,078$686,668
X-10c Land, buildings and equipment, netStart of year $881$677
X-11 Publicly traded securitiesStart of year $10,808,262$14,429,519
X-15 Other assetsStart of year $0$53,985
X-16 Total assetsStart of year $13,783,797$16,034,322
X-17 Accounts payable and accrued expensesStart of year $3,013−$558
X-25 Other liabilitiesStart of year $238,297$372,169
X-26 Total liabilitiesStart of year $241,310$371,611
X-27 Net assets without donor restrictionsStart of year $6,491,838$7,855,319
X-28 Net assets with donor restrictionsStart of year $7,050,649$7,807,392
X-32 Total net assets or fund balancesStart of year $13,542,487$15,662,711
X-33 Total liabilities and net assetsStart of year $13,783,797$16,034,322
Part XI · Reconciliation of net assets $15,662,711 net assets at year end
XI-1 Total revenue$4,082,106
XI-2 Total expenses$3,078,152
XI-3 Revenue less expenses$1,003,954
XI-4 Net assets at start of year$13,542,487
XI-5 Net unrealized gains (losses) on investments$1,159,347
XI-9 Other changes in net assets−$43,077
XI-10 Net assets at end of year$15,662,711

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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