Avow INC FY2021 filing

Tax-deductible

Naples, FL501(c)(3)Health CareEIN 35-2508744

On file with the IRSavowcares.org1095 Whippoorwill Ln, 34105-3800 · Naples, FLTax-exempt since Feb 2015Supporting org, Type III (functionally integrated) — 509(a)(3)

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Avow, INC. Supports the activities of its tax-exempt subsidiaries by working to improve and enhance the health and welfare of the community through compassionate care for those who are seriously ill and those who grieve.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $916 a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
50 mo
of spending, in cash
Looks good: 49.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $54K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$13K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
Spent
$13K
To programs
0%
Net assets
$61.4M
By yearFY2020–FY2024
Revenue
$0
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$4.8M
Expenses
$13K
FY2021▲ +440%
Tap a bar for its year
Expenses by fiscal year
FY2020$2K
FY2021$13K
FY2022$3K
FY2023$5K
FY2024$4.8M
Net assets
$61.4M
FY2021▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$54.6M
FY2021$61.4M
FY2022$58.8M
FY2023$69.5M
FY2024$83.5M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2015.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $13K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President and CEO
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jaysen Roa’s $423K as President and CEO is at the 95th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Avow 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

Provides compassionate care for the seriously ill and grieving, enhancing community health and welfare.

Questions for Avow INC

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Provided by the organization

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1 program · in their own filed words · FY2021
01

Avow inc. Is the parent company to the avow group of affiliates in which avow inc. Supports avow hospice, inc., and avow care services inc., as they carry out their mission by providing palliative and supportive care services. Avow creates peace of mind by providing compassionate care and support to those who need us.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$13K
Ln 25
Managementcol C$13K
Owns and owesPt X
$61.4M
net assets · Ln 32
Cash and savingsLn 1–2$54K
Total assetsLn 16$61.4M
LiabilitiesLn 26$13K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Total revenueLn 12$0
Assets in detailPt X, end of year
CashLn 1$54K
Cash and savings togetherLn 1–2$54K
InvestmentsLn 11–13$61.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$61.4M
LiabilitiesLn 26$13K
Net assetsLn 32$61.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$56K$54K
InvestmentsLn 11–13$54.6M$61.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$54.6M$61.4M
LiabilitiesLn 26$2K$13K
Net assetsLn 32$54.6M$61.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$0$0$0$0
Other expenses (24a–d)Ln 24$241$241
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$13K$0$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.8M$4.8M$27K$83.5M 990 PDF
FY2023 $0$5K−$5K$69.5M 990 PDF
FY2022 $0$3K−$3K$58.8M 990 PDF
FY2021 Viewing $0$13K−$13K$61.4M 990 PDF
FY2020 $0$2K−$2K$54.6M 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 FY2021 990 (6 parts)
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $0$0
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,398$12,945
I-18 Total expensesPrior year $2,398$12,945
I-19 Revenue less expensesPrior year −$2,398−$12,945
Part VI · Governance 10 of 11 board members independent, 3 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $0 across 9 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $12,945 across 5 lines filed
IX-11b Legal feesManagement $10,400$10,400
IX-11c Accounting feesManagement $2,304$2,304
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Management $241$241
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $0 · Management $12,945 · Fundraising $0$12,945
Part X · Balance sheet $61,400,531 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $56,317$53,700
X-10c Land, buildings and equipment, netStart of year $0$0
X-13 Program-related investmentsStart of year $54,570,224$61,346,831
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $54,626,541$61,400,531
X-17 Accounts payable and accrued expensesStart of year $2,323$12,653
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $2,323$12,653
X-27 Net assets without donor restrictionsStart of year $32,086,129$34,391,172
X-28 Net assets with donor restrictionsStart of year $22,538,089$26,996,706
X-32 Total net assets or fund balancesStart of year $54,624,218$61,387,878
X-33 Total liabilities and net assetsStart of year $54,626,541$61,400,531
Part XI · Reconciliation of net assets $61,387,878 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$12,945
XI-3 Revenue less expenses−$12,945
XI-4 Net assets at start of year$54,624,218
XI-9 Other changes in net assets$6,776,605
XI-10 Net assets at end of year$61,387,878

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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