GRAYSON COUNTY HEALTHCARE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

GRAYSON COUNTY HEALTHCARE FOUNDATION INC

EIN 85-1907825 · Health Support (E60)

What they do

MONITORING HOSPITAL OPERATIONS to INSURE CONTINUED COMPLIANCE WITH THE TERMS of THE ASSET PURCHASE AGREEMENT WITH OWENSBORO HEALTH, STRATEGIC MANAGEMENT and INVESTMENT of FUNDS RECEIVED FROM THE AFOREMENTIONED ASSET PURCHASE, EVALUATING HEALTHCARE NEEDS and GRANTING FINANCIAL SUPPORT for THE BENEFIT of LEITCHFIELD and GRAYSON COUNTY RESIDENTS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $50.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

2.57%of revenue went to mission work50.0% of expenses · Program services

$5.14spent for every $100 of revenueRevenue covered expenses this year.

2.57%of revenue went to management and office costs50.0% of expenses

$123.33in assets for every $1 spent this yearSome assets cannot be spent right away.

67.3%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,147,349

Mission workProgram services$235,3052.57% of revenue50.0% of expenses

ManagementOffice and general costs$235,2102.57% of revenue50.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$8,676,83494.86% of revenueShown in gray on the chart

Total expenses$470,5155.14% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 50.0% mission · 50.0% management · 0.0% fundraisingTotal expenses: 5.14% of revenue

2023Expense mix: 49.2% mission · 50.8% management · 0.0% fundraisingTotal expenses: 14.81% of revenue

2022Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 5.74% of revenue

2021Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 0.34% of revenue

2020Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 5.39% of revenue

Money in and money out

Revenue$9,147,349

Expenses$470,515

Annual surplus $8,676,834 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$235,305 · 50.0% of expenses

Management and office costs$235,210 · 50.0% of expenses

See all reported dollar amounts

Revenue$9,147,349

Expenses$470,515

Assets$58,029,828

Income$9,147,349

Contributions$6,154,722

Mission work (program services)$235,305

Grants given$1,750,000

Average grant$1,750,000

Management and general$235,210

Accounting fees$10,700

Investing fees$184,607

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (11)

DEEDEE BEELERBOARD MEMBER

DR ANTHONY SMITHVICE CHAIRMAN

DR JOSEPH LEEBOARD MEMBER

EDWIN MCKINNEYBOARD MEMBER

GARRY WATKINSBOARD MEMBER

JOEL BERNARDTREASURER

MARTIN CUMMINGSBOARD MEMBER

STEVE MEREDITHBOARD MEMBER

STEVEN SMITHCHAIRMAN

TOM GOFFBOARD MEMBER

WAYNE MERIWETHERSECRETARY

About this charity

Recognized since: January 2022
Location: 100 WABUCK DR STE B, LEITCHFIELD, KY 42754-5716
County: Grayson
In care of: % WAYNE MERIWETHER
Primary officer: STEVEN SMITH, CHAIRMAN

How to reach them

Phone(270) 971-1738 Officer phone(270) 589-7287

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CNA TAX PROFESSIONALS INC
NTEE classification: Health Support (E60)
IRS tax category: Health Support
Grant-giving organization: Yes