Parkview Foundation INC FY2020 filing

Fort Wayne, INUnknown exempt organizationEIN 23-7220589Revenue $3.6M in FY2020

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.

66¢ of each $1 spent went to programs.
$125K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 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
$132K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 10 voting members
Looks good: 7 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.6M
-11% vs prior year
Spent
$4.2M
To programs
66%
Net assets
$16.0M
By yearFY2019–FY2023
Revenue
$3.6M
FY2020▼ -11%
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
$4.2M
FY2020▲ +37%
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
$16.0M
FY2020▲ +2%
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 FY2020 Form 990 · figures checked against the IRS filing · see the original

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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

66 cents of each dollar spent went to programs.

Program services 66% · $2.8M Management & general 16% · $690K Fundraising 18% · $736K

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

17 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
Pvfnd Dir Leadership Gifts
$125,358Pt VII · Sec A
Director-Partial Yr/Ph Physician
$0Pt VII · Sec A
Director/Ph Chief Admin Officer
$0Pt VII · Sec A
Director-Partial Yr/Hps President
$0Pt VII · Sec A
Director/Pvhos President
$0Pt VII · Sec A
Director/Pvhos Cb RN
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/Secretary/Treasurer
$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.

Questions for Parkview Foundation INC

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Provided by the organization

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1 program · $2.8M · in their own filed words · FY2020
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. We also strive to improve the health of the communities that we SERVE.THE parkview foundation, inc.

$2.8Mprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$3.6M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$632K
Money outPt IX
$4.2M
Ln 25
Programscol B$2.8M
Managementcol C$690K
Fundraisingcol D$736K
Owns and owesPt X
$16.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$16.1M
LiabilitiesLn 26$132K
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Noncash giftsLn 1g$50K
Fundraising eventsLn 1c$118K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$632K
Gains on assetsLn 7$386K
Total revenueLn 12$3.6M
Assets in detailPt X, end of year
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$14.4M
Land, buildings, equipmentLn 10c$550
Other assetsLn 15$145K
Total assetsLn 16$16.1M
LiabilitiesLn 26$132K
Net assetsLn 32$16.0M
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 FY20End FY20
Cash and savingsLn 1–2$863K$1.2M
InvestmentsLn 11–13$14.4M$14.4M
Land, buildings, equipmentLn 10c$677$550
Total assetsLn 16$16.0M$16.1M
LiabilitiesLn 26$372K$132K
Net assetsLn 32$15.7M$16.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.8M$1.8M
Grants to domestic individualsLn 2$546K$546K
Other salaries and wagesLn 7$925K$277K$369K$278K
Other employee benefitsLn 9$308K$92K$123K$92K
Legal feesLn 11b$624$624
Professional fundraising feesLn 11e$62K$62K
Investment management feesLn 11f$36K$36K
Other fees for servicesLn 11g$377$61$24$292
Advertising and promotionLn 12$20K$20K
Office expensesLn 13$103K$8K$3K$93K
Information technologyLn 14$79K$1K$214$77K
OccupancyLn 16$138K$35K$14K$90K
TravelLn 17$5K$2K$56$2K
Conferences, conventions and meetingsLn 19$148$148
InterestLn 20$246$246
Depreciation, depletion and amortizationLn 22$128$32$13$83
Other expenses (24a–d)Ln 24$165K$6$144K$22K
Total functional expensesLn 25$4.2M$2.8M$690K$736K

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 Viewing $3.6M$4.2M−$560K$16.0M 990 PDF
FY2019 $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 FY2020 990 (6 parts)
Part I · Summary $3,647,114 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,239,457$1,189,933
I-9 Program service revenuePrior year $2,419,478$1,825,201
I-10 Investment incomePrior year $465,249$632,231
I-11 Other revenuePrior year −$42,078−$251
I-12 Total revenuePrior year $4,082,106$3,647,114
I-13 Grants and similar amounts paidPrior year $843,311$2,364,561
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,316,058$1,232,969
I-16a Professional fundraising feesPrior year $220,639$61,652
I-17 Other expensesPrior year $698,144$547,683
I-18 Total expensesPrior year $3,078,152$4,206,865
I-19 Revenue less expensesPrior year $1,003,954−$559,751
Part VI · Governance 7 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
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 $3,647,114 across 12 lines filed
VIII-1a Federated campaigns$1,500
VIII-1c Fundraising events$118,005
VIII-1d Related organizations$33,960
VIII-1f All other contributions, gifts and grants$1,036,468
VIII-1g Noncash contributions (included above)$50,473
VIII-1h Total contributions, gifts and grants$1,189,933
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,825,201$1,825,201
VIII-3 Investment incomeExcluded from tax $246,501$246,501
VIII-7 Net gain or loss on sales of assetsExcluded from tax $385,730$385,730
VIII-8 Net income from fundraising eventsExcluded from tax −$2,401−$2,401
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,150$2,150
VIII-12 Total revenueRelated to mission $1,827,351 · Unrelated business $0 · Excluded from tax $629,830$3,647,114
Part IX · Statement of functional expenses $4,206,865 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $1,818,243$1,818,243
IX-2 Grants to domestic individualsPrograms $546,318$546,318
IX-7 Other salaries and wagesPrograms $277,254 · Management $369,464 · Fundraising $278,431$925,149
IX-9 Other employee benefitsPrograms $92,346 · Management $123,128 · Fundraising $92,346$307,820
IX-11b Legal feesManagement $624$624
IX-11e Professional fundraising feesFundraising $61,652$61,652
IX-11f Investment management feesManagement $36,038$36,038
IX-11g Other fees for servicesPrograms $61 · Management $24 · Fundraising $292$377
IX-12 Advertising and promotionFundraising $19,862$19,862
IX-13 Office expensesPrograms $8,027 · Management $2,785 · Fundraising $92,599$103,411
IX-14 Information technologyPrograms $1,071 · Management $214 · Fundraising $77,288$78,573
IX-16 OccupancyPrograms $34,598 · Management $13,839 · Fundraising $89,955$138,392
IX-17 TravelPrograms $2,236 · Management $56 · Fundraising $2,236$4,528
IX-19 Conferences, conventions and meetingsFundraising $148$148
IX-20 InterestManagement $246$246
IX-22 Depreciation, depletion and amortizationPrograms $32 · Management $13 · Fundraising $83$128
IX-24 Other expenses (24a–d)Programs $6 · Management $143,758 · Fundraising $21,592$165,356
IX-25 Total functional expensesPrograms $2,780,192 · Management $690,189 · Fundraising $736,484$4,206,865
Part X · Balance sheet $16,125,677 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $863,473$1,153,228
X-3 Pledges and grants receivableStart of year $686,668$455,160
X-9 Prepaid expenses and deferred chargesStart of year $0$4,300
X-10c Land, buildings and equipment, netStart of year $677$550
X-11 Publicly traded securitiesStart of year $14,429,519$14,366,963
X-15 Other assetsStart of year $53,985$145,476
X-16 Total assetsStart of year $16,034,322$16,125,677
X-17 Accounts payable and accrued expensesStart of year −$558$48,565
X-25 Other liabilitiesStart of year $372,169$83,928
X-26 Total liabilitiesStart of year $371,611$132,493
X-27 Net assets without donor restrictionsStart of year $7,855,319$8,740,953
X-28 Net assets with donor restrictionsStart of year $7,807,392$7,252,231
X-32 Total net assets or fund balancesStart of year $15,662,711$15,993,184
X-33 Total liabilities and net assetsStart of year $16,034,322$16,125,677
Part XI · Reconciliation of net assets $15,993,184 net assets at year end
XI-1 Total revenue$3,647,114
XI-2 Total expenses$4,206,865
XI-3 Revenue less expenses−$559,751
XI-4 Net assets at start of year$15,662,711
XI-5 Net unrealized gains (losses) on investments$904,021
XI-9 Other changes in net assets−$13,797
XI-10 Net assets at end of year$15,993,184

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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