Foundation For Healthcare Advancement Inc in New Brunswick, New Jersey (NJ)

Organization representatives - add corrected or new information about Foundation For Healthcare Advancement Inc »

Non-representatives - add comments about Foundation For Healthcare Advancement Inc»

Foundation For Healthcare Advancement Inc
Employer Identification Number (EIN)454723932
Name of OrganizationFoundation For Healthcare Advancement Inc
Address120 Albany Street Tower 2 8th Flr, New Brunswick, NJ 08901
SubsectionCharitable Organization
Ruling Date06/2012
DeductibilityContributions are deductible
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2013
Assets$5,000,000 to $9,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$8,247,876
Amount of Income$9,936,819
Form 990 Revenue Amount$9,845,557
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Single Organization Support


Non-representatives - add comments:


CAPTCHA

Your IP address 3.80.129.195 will be logged.

Amount of income in 2013: $9,936,819
This organization: 

 $9,936,819
Other organizations performing similar types of work: 

 $323,574

Assets in 2013: $8,247,876
This organization: 

 $8,247,876
Other organizations performing similar types of work: 

 $489,325

Expenses in 2013: $8,754,648
This organization: 

 $8,754,648
Other organizations performing similar types of work: 

 $138,435

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 0.4

Grants share in income in 2013: 99.7%
Foundation For Healthcare Advancement Inc: 

 99.7%
Other organizations performing similar types of work: 

 0.8%

Financial snapshot for 2013 ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
2013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?Yes
Is the organization required to complete Schedule B, Schedule of Contributors?Yes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?No
Did the organization report an amount for land, buildings, and equipment?No
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?No
Did the organization report an amount for other assets that is 5% or more of its total assets?No
Did the organization report an amount for other liabilities?Yes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?No
Did the organization obtain separate, independent audited financial statements for the tax year?No
Was the organization included in consolidated, independent audited financial statements for the tax year?Yes
Is the organization a school described in section 170(b)(1)(A)(ii)?No
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?Yes
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?Yes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?No
Did the organization receive more than $25,000 in non-cash contributions?Yes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?No
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?Yes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?No
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
2013
The number reported in Box 3 of Form 10960
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return0
Did the organization file all required federal employment tax returns?No
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Has it filed a Form 990-T for this year?No
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?No
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?No
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?Yes
Did the organization notify the donor of the value of the goods or services provided?Yes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
2013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0
Total reportable compensation from related organizations$1,301,812
Total estimated amount of other compensation from the organization and related organizations$233,670
Total number of individuals who received more than $100,000 of reportable compensation from the organization6
Total number of independent contractors who received more than $100,000 of compensation from the organization0
Statement of Revenue
2013
Total revenue$9,845,557
Contributions, Gifts, Grants and Other Similar Amounts$9,819,222
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain/loss from sales of assets other than inventory$0
Net income/loss from fundraising events$26,335
Gross income from fundraising events$117,597
Less: direct expenses$91,262
Net income/loss from gaming activities$0
Net income/loss from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses
2013
Total functional expenses$8,754,648
Grants and other assistance to domestic organizations and domestic governments$6,594,061
Grants and other assistance to domestic individuals$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$482,657
Compensation not included above, to disqualified persons$0
Other salaries and wages$891,172
Pension plan accruals and contributions$125,230
Other employee benefits$121,169
Payroll taxes$82,114
Fees for services (non-employees)
Management$0
Legal$14,732
Accounting$4,500
Lobbying$0
Professional fundraising services$0
Investment management fees$0
Other$0
Advertising and promotion$66,299
Office expenses$37,473
Information technology$50,803
Royalties$0
Occupancy$136,360
Travel$6,124
Payments of travel or entertainment expenses for any federal, state, or local public officials$0
Conferences, conventions, and meetings$474
Interest$0
Payments to affiliates$0
Depreciation, depletion, and amortization$0
Insurance$38,279
Other expenses$62,420
Other expenses$34,547
Other expenses$6,234
Balance Sheet
2013
Total assets$8,247,876
Cash - non-interest-bearing$0
Savings and temporary cash investments$7,228,923
Pledges and grants receivable, net$1,018,953
Accounts receivable, net$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$0
Prepaid expenses and deferred charges$0
Land, buildings, and equipment: cost or other basis$0
Investments - publicly traded securities$0
Investments - other securities$0
Investments - program-related$0
Intangible assets$0
Other assets$0
Total liabilities$4,624,015
Accounts payable and accrued expenses$8,958
Grants payable$2,581,693
Deferred revenue$0
Tax-exempt bond liabilities$0
Escrow or custodial account liability$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$2,033,364
Total net assets or fund balances$3,623,861
Unrestricted net assets$7,676
Temporarily restricted net assets$3,616,185
Permanently restricted net assets$0
Capital stock or trust principal, or current funds$0
Paid-in or capital surplus, or land, building, or equipment fund$0
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Foundation For Healthcare Advancement Inc to others? (optional)
  
Add photo of Foundation For Healthcare Advancement Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Svh Supportco406 Botulph Ln Ste 2, Santa Fe, NM 87505-6971NM2009-03$28,879,096
2St Joseph Healthcare System Inc, St Josephs Hosp & Med Ctr Fndn Inc703 Main St, Paterson, NJ 07503-2621NJ2009-06$6,838,856
3Gothic Hsp Corporation280 S Mangum St Ste 210, Durham, NC 27701-3675NC2010-03$421,493,502
4Living Well FoundationPO BOX 2773, West Monroe, LA 71294-2773LA2007-06$129,316,646
5Tarrant County Indigent Carecorporation612 E Lamar Blvd No 6th Fl, Arlington, TX 76011-4121TX2009-09$58,649,726
6Forsyth Dental Infirmary TrPO BOX 1802, Providence, RI 02901-1802RI2015-04$54,647,193
7Broadline Risk Retention Group Inc100 Bank St Ste 610, Burlington, VT 05401-4946VT2014-03$37,684,044
8Santa Rosa Childrens Hospital Endowment Fund343 W Houston Street Suite 505, San Antonio, TX 78205TX2010-07$27,733,437
9Supreme Temple Daughters Of The Nile Foundation, Al Haram Temple No 130 Daughters Of The Nile29 Tremont Lane, Willingboro, NJ 08046NJ2007-05$15,829,622
10Foundation For Healthcare Advancement Inc120 Albany Street Tower 2 8th Flr, New Brunswick, NJ 08901NJ2012-06$9,936,819
11Lg Family FoundationPO BOX 1501, Pennington, NJ 08534-0671NJ2015-02$3,046,569
12Inspira Health Network Foundation Cumberland-Salem Inc333 Irving Ave, Bridgeton, NJ 08302-2123NJ2001-05$2,522,847
13Bayonne Hospital Foundation398 Avenue E, Bayonne, NJ 07002-4638NJ2002-05$1,410,550
14Cooper Cancer Center Inc3 Cooper Plz Rm 316, Camden, NJ 08103-1438NJ2013-12$1,379,700
15St Vincents Nursing Home Auxiliary IncC/O Louis N Zerbo 271 Rte 46 W, Fairfield, NJ 07004NJ2006-06$76,274
16Community Focus Foundation Inc900 Dudley Ave Ste 100, Cherry Hill, NJ 08002-4427NJ2002-10$0
17Fostering Empathy Easing Despair Inc420 1/2 Monmouth Avenue, Bradley Beach, NJ 07720NJ2014-09$0
18Helping Hand Fund A Nj Nonprofit Corp2400 Whitehorse Mercerville Road, Hamilton, NJ 08619NJ2014-11$0
19Meridian Health System Assistance Corporation1350 Campus Parkway, Neptune, NJ 07753-6821NJ2002-05$0
20Spirits Of L B I Inc22nd St & Long Beach Blvd, Ship Bottom, NJ 08008NJ2002-08$0
Number of organizations performing similar types of work
Alaska1
Alabama13
Arkansas15
Arizona13
California71
Colorado28
Connecticut11
District of Columbia13
Delaware2
Florida40
Georgia18
Hawaii8
Iowa13
Idaho6
Illinois46
Indiana16
Kansas17
Kentucky12
Louisiana15
Massachusetts33
Maryland19
Maine2
Michigan25
Minnesota22
Missouri22
Mississippi15
Montana4
North Carolina22
North Dakota4
Nebraska12
New Hampshire10
New Jersey13
New Mexico8
Nevada7
New York54
Ohio37
Oklahoma20
Oregon11
Pennsylvania44
Rhode Island7
South Carolina10
South Dakota6
Tennessee11
Texas72
Utah2
Virginia25
Vermont5
Washington30
Wisconsin20
West Virginia8
Wyoming4
International3
Total945

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Foundation For Healthcare Advancement Inc and has no official or unofficial affiliation with Foundation For Healthcare Advancement Inc