Methodist Hospital Foundation in Arcadia, California (CA)

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Methodist Hospital Foundation
Employer Identification Number (EIN)953407027
Name of OrganizationMethodist Hospital Foundation
Address300 W Huntington Dr, Arcadia, CA 91007-3402
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date10/1979
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$14,391,262
Amount of Income$4,169,768
Form 990 Revenue Amount$3,745,767
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Single Organization Support


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Amount of income in 2013: $4,169,768
This organization: 

 $4,169,768
Other organizations performing similar types of work: 

 $323,574

Assets in 2013: $14,391,262
Methodist Hospital Foundation: 

 $14,391,262
Other organizations performing similar types of work: 

 $489,325

Expenses in 2012: $3,983,215
This organization: 

 $3,983,215
Other organizations performing similar types of work: 

 $138,435

Income to expenses ratio in 2012: 1.0
Methodist Hospital Foundation: 

 1.0
Other organizations performing similar types of work: 

 0.4

Expenses allocated to program services in 2002: 57.2%
Methodist Hospital Foundation: 

 57.2%
Other organizations performing similar types of work: 

 85.1%

Grants share in income in 2012: 97.6%
Methodist Hospital Foundation: 

 97.6%
Other organizations performing similar types of work: 

 0.8%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?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
Statement of Revenue (for 2012)
Total revenue$4,573,150
Contributions, Gifts, Grants and Other Similar Amounts$4,463,580
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$10,946
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$215,609
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $215,609
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$0 / $215,609
Net loss from fundraising events$-123,625
Gross income from fundraising events$260,151
Less: direct expenses$383,776
Net income from gaming activities$3,660
Gross income from gaming activities$3,660
Less: direct expenses$0
Net income from sales of inventory$0
Miscellaneous Revenue$2,980
Statement of Functional Expenses (for 2012)
Total functional expenses$3,983,215
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$45,993
Other$3,937,222
Balance Sheet (for 2012)
Total assets$14,220,227
Total liabilities$262,251
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$262,251
Total net assets or fund balances$13,957,976
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$28,662,704
Gifts, grants, contributions, and membership fees received$28,425,346
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$237,358
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$2,052,553$2,655,881$3,449,613
Contributions, gifts, grants, and similar amounts received$1,809,582$2,594,767$3,576,397
Contributions to donor advised funds
Direct public support$1,809,582$2,594,767$3,455,476
Indirect public support$0$0$120,921
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$284,523$145,963$5,828
Dividends and interest from securities$0$0$58,565
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$4,914$-109,309$-154,151
Gross amount from sales of assets other than inventory$20,138$117,606$508,174
Less: cost or other basis and sales expenses$15,224$226,915$662,325
Net income or (loss) from special events and activities$-46,466$-20,540$-82,026
Gross revenue$182,093$196,016$122,834
Less: direct expenses other than fundraising expenses$228,559$216,556$204,860
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$0$45,000$45,000
Total expenses$435,222$686,017$533,034
Program services$217,887$219,163$304,805
Management and general$0$84,797$0
Fundraising$217,335$382,057$228,229
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$12,160,723$12,751,767$14,697,482
Excess or (deficit) for the year$1,617,331$1,969,864$2,916,579
Net assets or fund balances at beginning of year$11,636,487$12,160,723$12,751,767
Other changes in net assets or fund balances$-1,093,095$-1,378,820$-970,864
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$533,034$304,805$0$228,229
Grants paid from donor advised funds
Other grants and allocations$250
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$103,070$103,070$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$201,500$85,586$0$115,914
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$23,786$15,092$0$8,694
Payroll taxes$0$0$0$0
Professional fundraising fees$125,017$34,487$0$90,530
Accounting fees$19,850$19,850$0$0
Legal fees$0$0$0$0
Supplies$27,361$27,361$0$0
Telephone$259$259$0$0
Postage and shipping$8,078$0$0$8,078
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$10,872$10,872$0$0
Travel$2,466$0$0$2,466
Conferences, conventions, and meetings$2,547$0$0$2,547
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$7,978$7,978$0$0
Balance Sheets
200020012002
Total assets$13,879,308$14,113,269$15,677,944
Cash - non-interest-bearing$186,572$144,317$543,074
Savings and temporary cash investments$3,842,472$3,568,148$3,884,332
Accounts receivable less allowance for doubtful accounts$0$0$0
Pledges receivable less allowance for doubtful accounts$801,384$1,640,584$2,661,762
Grants receivable$469,536$403,657$637,827
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$6,343,191$6,343,191$6,343,191
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$1,750$0$6,631
Investments - publicly-traded securities
Investments - other securities$2,234,403$2,013,252$1,601,127
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$120$0
Other assets, including program-related investments$0$0$0
Total liabilities$1,718,585$1,361,502$980,462
Accounts payable and accrued expenses$1,718,585$260$2,457
Grants payable$0$0$0
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$0$0$0
Other liabilities$0$1,361,242$978,005
Total liabilities and net assets/fund balances$13,879,308$14,113,269$15,677,944
Total net assets or fund balances$12,160,723$12,751,767$14,697,482
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$2,052,553$2,655,881$3,449,613
Total revenue, gains, and other support per audited financial statements$1,465,665$649,773$927,438
Other expenses$550,403$249,920$671,969
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$550,403$249,920$671,969
Other revenue$1,137,291$2,256,028$3,194,144
Investment expenses$0$0$0
Other$1,137,291$2,256,028$3,194,144
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$435,222$686,017$533,034
Total expenses and losses per audited financial statements$663,781$724,678$575,330
Other revenue$228,559$38,661$42,296
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$228,559$38,661$42,296
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$-89,759$-37,026
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$5,828$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$58,565$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-154,152$0
Net income or (loss) from special events000000$000$0$-82,026
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$45,000
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Support Schedule
199920002001
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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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

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