Civic Intelligence

Beloit Health System Foundation Inc.

990 • Fiscal year 2022 • EIN 39-1477854

Jan 01, 2022 to Dec 31, 2022 • Filed on May 18, 2023

Organization Profilewww.beloithealthsystem.org/foundation
1969 W Hart RoadBeloit, WI 53511

(608) 363-5724

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

40th percentile

0.15x

Higher debt load relative to revenue than 40% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

2nd percentile

-202%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

98th percentile

$1,562,021

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 248.8% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

5th percentile

-20%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets13th percentile

Assets

Down

$13,017,027

Down $3,296,382 (-20%) from 2021

Net Assets

Down

$12,923,571

Down $3,341,670 (-21%) from 2021

Liabilities

Up

$93,456

Up $45,288 (+94%) from 2021

Revenue And Expenses
Liabilities / Revenue40th percentileNet Margin2nd percentile

Revenue

Down

$627,826

Down $2,333,942 (-79%) from 2021

Expenses

Up

$1,894,100

Up $271,654 (+17%) from 2021

Net Income

Down

-$1,266,274

Down $2,605,596 (-195%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $6,595,903Liabilities 2011: $104,705Net Assets 2011: $6,491,1982011Assets 2012: $6,560,815Liabilities 2012: $96,914Net Assets 2012: $6,463,9012012Assets 2013: $8,306,062Liabilities 2013: $50,850Net Assets 2013: $8,255,2122013Assets 2014: $8,238,957Liabilities 2014: $64,078Net Assets 2014: $8,174,8792014Assets 2015: $11,260,119Liabilities 2015: $49,639Net Assets 2015: $11,210,4802015Assets 2016: $13,730,328Liabilities 2016: $75,225Net Assets 2016: $13,655,1032016Assets 2017: $13,344,506Liabilities 2017: $77,377Net Assets 2017: $13,267,1292017Assets 2018: $12,092,331Liabilities 2018: $94,642Net Assets 2018: $11,997,6892018Assets 2019: $14,606,266Liabilities 2019: $122,997Net Assets 2019: $14,483,2692019Assets 2020: $15,506,033Liabilities 2020: $26,764Net Assets 2020: $15,479,2692020Assets 2021: $16,313,409Liabilities 2021: $48,168Net Assets 2021: $16,265,2412021Assets 2022: $13,017,027Liabilities 2022: $93,456Net Assets 2022: $12,923,5712022Assets 2023: $13,632,479Liabilities 2023: $687,177Net Assets 2023: $12,945,3022023Assets 2024: $14,336,262Liabilities 2024: $69,038Net Assets 2024: $14,267,2242024

Highlighted filing

2022

Assets$13,017,027
Liabilities$93,456
Net Assets$12,923,571
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $797,9232011Revenue 2012: $707,754Expenses 2012: $818,603Net Income 2012: -$110,8492012Revenue 2013: $2,372,623Expenses 2013: $720,947Net Income 2013: $1,651,6762013Revenue 2014: $1,417,607Expenses 2014: $1,581,296Net Income 2014: -$163,6892014Revenue 2015: $3,729,883Expenses 2015: $736,858Net Income 2015: $2,993,0252015Revenue 2016: $3,994,579Expenses 2016: $3,091,079Net Income 2016: $903,5002016Revenue 2017: $2,579,523Expenses 2017: $3,060,994Net Income 2017: -$481,4712017Revenue 2018: $243,964Expenses 2018: $1,576,822Net Income 2018: -$1,332,8582018Revenue 2019: $5,405,606Expenses 2019: $3,159,777Net Income 2019: $2,245,8292019Revenue 2020: $2,365,027Expenses 2020: $1,481,184Net Income 2020: $883,8432020Revenue 2021: $2,961,768Expenses 2021: $1,622,446Net Income 2021: $1,339,3222021Revenue 2022: $627,826Expenses 2022: $1,894,100Net Income 2022: -$1,266,2742022Revenue 2023: $2,692,692Expenses 2023: $2,670,961Net Income 2023: $21,7312023Revenue 2024: $4,143,332Expenses 2024: $2,821,410Net Income 2024: $1,321,9222024

Highlighted filing

2022

Revenue$627,826
Expenses$1,894,100
Net Income-$1,266,274
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 18, 2023
Return Version
2022v5.0
Gross Receipts
$627,826
Mission and Program Overview

Mission

The mission of Beloit Health System Foundation, Inc. is the development, management and distribution of gifts to assist Beloit Health System in providing excellence in health care for the Stateline area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,075,431$10,345,548▼ $1,729,883
Pledges and Grants Receivable$1,603,475$1,128,672▼ $474,803
Savings and Temporary Cash Investments$1,868,829$792,106▼ $1,076,723
Land, Buildings, and Equipment, Net$0--
Total Assets$16,313,409$13,017,027▼ $3,296,382
Other Assets Total$765,674$750,701▼ $14,973
Liabilities
Accounts Payable and Accrued Expenses$48,168$93,456▲ $45,288
Other Liabilities$0$0→ $0
Total Liabilities$48,168$93,456▲ $45,288
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,799,109$8,464,157▼ $1,334,952
Net Assets Without Donor Restrictions$6,466,132$4,459,414▼ $2,006,718
Total Net Assets Fund Balance$16,265,241$12,923,571▼ $3,341,670
Total Liabilities and Net Assets / Fund Balance$16,313,409$13,017,027▼ $3,296,382

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$750,701--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$7,407,574$939,843▼ $1,114,245$0$7,233,172
2021$6,820,479$30,741▲ $559,215$0$7,407,574
2020$5,994,229$60,438▲ $770,615$0$6,820,479
2019$5,080,278$84,288▲ $835,343$0$5,994,229
2018$5,337,808$20,614▼ $278,144$0$5,080,278
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleOtherTotal
Tami ScarpettaExecutive Director / Board Member$137,145$137,145
Doris MulderBoard Member$24,033$24,033

Board Members and Trustees

NameTitle
Mark LeachChairman
Derek HahnVice Chairman
Gary AdamskiBoard Member
John BottorffBoard Member
Kayla K HillerBoard Member
Mike MarquetteBoard Member
Nicole KovarikBoard Member
Stephanie KnueppelBoard Member
Timothy McKevettBoard Member
Todd JamesBoard Member
Kim LoerkeSecretary
Keith KruseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$627,826
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$381,700
Change in Net Assets
$-1,266,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$627,826
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$627,826
Total Revenue per Form 990
$627,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,894,100
Total Fundraising Expense$417,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,471,769$0$0$1,471,769
All Other Expenses--$210,557$210,557
Fees for Services Other--$93,684$93,684
Advertising--$42,911$42,911
Office Expenses--$39,142$39,142
Fees for Service Investment Mgmnt Fees--$30,077$30,077
Conferences and Meetings--$760$760
Total Functional Expenses$1,471,769$4,656$417,675$1,894,100

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,894,100
Total Expenses per Audited Statements$1,894,100
Total Expenses per Form 990$1,894,100
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2022 Pro-Am$203,658$203,658$26,020$177,638
2022 Doves & Diamonds$106,124$106,124$14,067$92,057
Total Events$333,448$333,448$87,322$246,126
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Any business relationships are ordinary and within the normal course of business operations.”

Form 990, Part VI, Section B, Line 11B

“Beloit Health System Foundation's Finance Committee will review a completed Form 990 during a regularly scheduled meeting pior to final submission of the return.”

Form 990, Part VI, Section B, Line 12C

“Board of Directors each sign an Annual Conflict of Interest Statement.”

Form 990, Part VI, Section C, Line 19

“All documents are available on request.”

Filing and Contact Details

Filer

Filer Name
Beloit Health System Foundation Inc
EIN
39-1477854
Phone
6083635724
Address
1969 W Hart Road, Beloit, WI 53511

Signing Officer

Name
Mark Leach
Title
Chairman
Phone
6083635724
Signed
2023-05-18

Organization Details

Principal Officer
Mark Leach
Formed
1984
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
10
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Wages and Benefits paid by Beloit Health System $210,557”

Form 990, Part XI, Line 9

“Total amount is derived by the change in value of spilt-interest agreement for $-5,850.”

Financial Statement Notes

Schedule D, Part V, Line 4

“The Foundation Endowment funds have been established to support various services provided to patients and future capital improvements of Beloit Health System. Its endowment includes both donor-restricted endowment funds and funds designated by the Board of Directors as endowments.”

Schedule D, Part X, Line 2

“The Foundation is a tax-exempt corporation as described in Section 501(c)(3) of the Internal Revenue Code (the "Code") and is exempt from federal income tax on related income pursuant to Section 201 (a) of the code. The Foundation is also exempt from state income tax on related income.”

Raw XML AppendixShowing 400 of 749 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012075431
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010345548
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of Beloit Health System Foundation, Inc. is the development, management and distribution of gifts to assist Beloit Health System in providing excellence in health care for the Stateline area.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt016265241
IRS990/NetAssetsOrFundBalancesEOYAmt012923571
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2069546
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06466132
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04459414
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt039142
IRS990/OfficeExpensesGrp/TotalAmt039142
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0765674
IRS990/OtherAssetsTotalGrp/EOYAmt0750701
IRS990/OtherChangesInNetAssetsAmt0-5850
IRS990/OtherExpensesGrp/Desc0Membership and Licenses
IRS990/OtherExpensesGrp/Desc1Life Insurance
IRS990/OtherExpensesGrp/Desc2Distribution to Health System
IRS990/OtherExpensesGrp/FundraisingAmt0544
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14656
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt21471769
IRS990/OtherExpensesGrp/TotalAmt0544
IRS990/OtherExpensesGrp/TotalAmt14656
IRS990/OtherExpensesGrp/TotalAmt21471769
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01603475
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01128672
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Mark Leach
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01848585
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01113183
IRS990/PYOtherExpensesAmt01622446
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01339322
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01622446
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02961768
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1266274
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01868829
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0792106
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt0621976
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt01295235
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt0211774
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt0167770
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt0621976
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt01295235
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt0210557
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt0205681
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt0199645
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt0921784
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt0921784
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0783516
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0783516
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt0783516
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0454128
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0783516
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt0783516
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt01894100
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt01894100
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt01226651
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt01215436
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt0794731
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt03120751
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt01110584
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt01215436
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt0794731
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt02010167
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt0422331
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt01471769
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0783516
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt01.878
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt01471769
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt01894100
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Beloit Health System notifies the Foundation when it has specific fundraising requirements for its projects and has direct involvement of the Foundation's income and assets year round. The President and CEO of the Health System serves on the Board of Directors of the Foundation.

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,017,027
Liabilities
$93,456
Net assets
$12,923,571
Revenue
$627,826
Expenses
$1,894,100
Net income
-$1,266,274
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.3$0.07$14.3$4.14$2.82$1.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$0.69$12.9$2.69$2.67$0.02
2022Detailed filing. Detailed filing data is available for this year.$13.0$0.09$12.9$0.63$1.89$1.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$0.05$16.3$2.96$1.62$1.34
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$0.03$15.5$2.37$1.48$0.88
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$0.12$14.5$5.41$3.16$2.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$0.09$12.0$0.24$1.58$1.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.08$13.3$2.58$3.06$0.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.08$13.7$3.99$3.09$0.90
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$0.05$11.2$3.73$0.74$2.99
2014Summary only. Only limited summary data is available for this year.$8.24$0.06$8.17$1.42$1.58$0.16
2013Detailed filing. Detailed filing data is available for this year.$8.31$0.05$8.26$2.37$0.72$1.65
2012Summary only. Only limited summary data is available for this year.$6.56$0.10$6.46$0.71$0.82$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$0.10$6.49$0.80