Parkview Foundation INC FY2022 filing

Fort Wayne, INUnknown exempt organization EIN 23-7220589Revenue $2.0M in FY2022

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.

61¢ of each $1 spent went to programs.
$278K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · 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
61%
of spending
Worth a look: 61% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$278K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $13.5M in investments, Pt X · Ln 11–13
Looks good: 5.8 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
$6K
0.04% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 10 voting members
Looks good: 6 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
$2.0M
-40% vs prior year
Spent
$1.8M
To programs
61%
Net assets
$15.6M
By yearFY2019–FY2023
Revenue
$2.0M
FY2022▼ -40%
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
$1.8M
FY2022▼ -25%
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
$15.6M
FY2022▼ -11%
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 FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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

61 cents of each dollar spent went to programs.

Program services 61% · $1.1M Management & general 20% · $361K Fundraising 19% · $336K

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

16 people listed on the 990; $278K paid to officers and key staff.

Part VII, Section A · reportable compensation
Pvfnd Dir Leadership Gifts
$165,398Pt VII · Sec A
Pvfnd Dir Advancement Svcs
$112,349Pt VII · Sec A
Director/Ph Physician
$0Pt VII · Sec A
Director/Vice Chair/Pvhos Cb RN
$0Pt VII · Sec A
$0Pt VII · Sec A
Director-Partial Yr
$0Pt VII · Sec A
Director/Chair
$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 2Yes
  • 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 · FY2022
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.

$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 FY2022 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$871K
Fees for servicesLn 2g$827K
Investment incomeLn 3$285K
Money outPt IX
$1.8M
Ln 25
Programscol B$1.1M
Managementcol C$361K
Fundraisingcol D$336K
Owns and owesPt X
$15.6M
net assets · Ln 32
Cash and savingsLn 1–2$859K
Total assetsLn 16$15.7M
LiabilitiesLn 26$6K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$871K
Government grantsLn 1e$3K
Noncash giftsLn 1g$70K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$827K
Investment incomeLn 3$285K
Gains on assetsLn 7$45K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
SavingsLn 2$859K
Cash and savings togetherLn 1–2$859K
InvestmentsLn 11–13$13.5M
Land, buildings, equipmentLn 10c$91K
Other assetsLn 15$818K
Total assetsLn 16$15.7M
LiabilitiesLn 26$6K
Net assetsLn 32$15.6M
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 FY22End FY22
Cash and savingsLn 1–2$905K$859K
InvestmentsLn 11–13$15.6M$13.5M
Land, buildings, equipmentLn 10c$85K$91K
Total assetsLn 16$17.5M$15.7M
LiabilitiesLn 26$3K$6K
Net assetsLn 32$17.5M$15.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$817K$817K
Grants to domestic individualsLn 2$109K$109K
Other salaries and wagesLn 7$378K$113K$132K$132K
Other employee benefitsLn 9$118K$35K$41K$41K
Legal feesLn 11b$43K$43K
Investment management feesLn 11f$37K$37K
Other fees for servicesLn 11g$22K$104$3K$19K
Office expensesLn 13$21K$2K$2K$17K
Information technologyLn 14$87K$316$87K
OccupancyLn 16$54K$11K$5K$37K
TravelLn 17$5K$2K$124$3K
InterestLn 20$144$144
Depreciation, depletion and amortizationLn 22$127$32$12$83
Other expenses (24a–d)Ln 24$97K$97K
Total functional expensesLn 25$1.8M$1.1M$361K$336K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $3.1M$2.0M$1.1M$0 990 PDF
FY2022 Viewing $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 $4.1M$3.1M$1.0M$15.7M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,981,182 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,299,327$871,456
I-9 Program service revenuePrior year $1,064,118$826,668
I-10 Investment incomePrior year $966,846$285,443
I-11 Other revenuePrior year −$1,589−$2,385
I-12 Total revenuePrior year $3,328,702$1,981,182
I-13 Grants and similar amounts paidPrior year $1,314,553$925,550
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $642,424$495,440
I-16a Professional fundraising feesPrior year $32,800$0
I-17 Other expensesPrior year $407,880$365,869
I-18 Total expensesPrior year $2,397,657$1,786,859
I-19 Revenue less expensesPrior year $931,045$194,323
Part VI · Governance 6 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,981,182 across 12 lines filed
VIII-1a Federated campaigns$264
VIII-1c Fundraising events$9,372
VIII-1d Related organizations$77,681
VIII-1e Government grants$3,334
VIII-1f All other contributions, gifts and grants$780,805
VIII-1g Noncash contributions (included above)$70,357
VIII-1h Total contributions, gifts and grants$871,456
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $826,668$826,668
VIII-3 Investment incomeExcluded from tax $240,840$240,840
VIII-7 Net gain or loss on sales of assetsExcluded from tax $44,603$44,603
VIII-8 Net income from fundraising eventsExcluded from tax −$2,385−$2,385
VIII-12 Total revenueRelated to mission $826,668 · Unrelated business $0 · Excluded from tax $283,058$1,981,182
Part IX · Statement of functional expenses $1,786,859 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $816,647$816,647
IX-2 Grants to domestic individualsPrograms $108,903$108,903
IX-7 Other salaries and wagesPrograms $113,360 · Management $132,252 · Fundraising $132,253$377,865
IX-9 Other employee benefitsPrograms $35,273 · Management $41,151 · Fundraising $41,151$117,575
IX-11b Legal feesManagement $42,888$42,888
IX-11f Investment management feesManagement $36,751$36,751
IX-11g Other fees for servicesPrograms $104 · Management $3,187 · Fundraising $18,672$21,963
IX-13 Office expensesPrograms $2,279 · Management $1,633 · Fundraising $17,466$21,378
IX-14 Information technologyManagement $316 · Fundraising $86,666$86,982
IX-16 OccupancyPrograms $10,748 · Management $5,352 · Fundraising $37,428$53,528
IX-17 TravelPrograms $1,869 · Management $124 · Fundraising $2,740$4,733
IX-20 InterestManagement $144$144
IX-22 Depreciation, depletion and amortizationPrograms $32 · Management $12 · Fundraising $83$127
IX-24 Other expenses (24a–d)Management $97,375$97,375
IX-25 Total functional expensesPrograms $1,089,215 · Management $361,185 · Fundraising $336,459$1,786,859
Part X · Balance sheet $15,654,244 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $905,041$859,250
X-3 Pledges and grants receivableStart of year $517,786$382,906
X-9 Prepaid expenses and deferred chargesStart of year $4,300$4,300
X-10c Land, buildings and equipment, netStart of year $84,542$91,495
X-11 Publicly traded securitiesStart of year $15,588,032$13,498,488
X-15 Other assetsStart of year $425,374$817,805
X-16 Total assetsStart of year $17,525,075$15,654,244
X-17 Accounts payable and accrued expensesStart of year $86$2,822
X-25 Other liabilitiesStart of year $3,266$2,830
X-26 Total liabilitiesStart of year $3,352$5,652
X-27 Net assets without donor restrictionsStart of year $10,055,059$8,785,016
X-28 Net assets with donor restrictionsStart of year $7,466,664$6,863,576
X-32 Total net assets or fund balancesStart of year $17,521,723$15,648,592
X-33 Total liabilities and net assetsStart of year $17,525,075$15,654,244
Part XI · Reconciliation of net assets $15,648,592 net assets at year end
XI-1 Total revenue$1,981,182
XI-2 Total expenses$1,786,859
XI-3 Revenue less expenses$194,323
XI-4 Net assets at start of year$17,521,723
XI-5 Net unrealized gains (losses) on investments−$2,068,054
XI-9 Other changes in net assets$600
XI-10 Net assets at end of year$15,648,592

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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