Civic Intelligence

Frontier Health Foundation

990 • Fiscal year 2015 • EIN 46-1432508

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 10, 2015

1167 Spratlin Park DriveGray, TN 37615

(423) 467-3600

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

63rd percentile

0.33x

Higher debt load relative to revenue than 63% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

83rd percentile

26%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$242,135

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 263.9% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

49th percentile

0.4%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

18th percentile

-13%

Faster revenue growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$9,176,249

Up $40,491 (+0.4%) from 2014

Net Assets

Up

$9,146,261

Up $24,052 (+0.3%) from 2014

Liabilities

Up

$29,988

Up $16,439 (+121%) from 2014

Revenue

Down

$91,751

Down $13,438 (-13%) from 2014

Expenses

Up

$67,699

Up $62,484 (+1198%) from 2014

Net Income

Down

$24,052

Down $75,922 (-76%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2013: $0Liabilities 2013: $02013Assets 2014: $9,135,758Liabilities 2014: $13,549Net Assets 2014: $9,122,2092014Assets 2015: $9,176,249Liabilities 2015: $29,988Net Assets 2015: $9,146,2612015Assets 2016: $8,940,590Liabilities 2016: $195,637Net Assets 2016: $8,744,9532016Assets 2017: $9,872,469Liabilities 2017: $222,834Net Assets 2017: $9,649,6352017Assets 2018: $10,429,638Liabilities 2018: $287,420Net Assets 2018: $10,142,2182018Assets 2019: $8,365,504Liabilities 2019: $321,638Net Assets 2019: $8,043,8662019Assets 2020: $8,366,178Liabilities 2020: $129,728Net Assets 2020: $8,236,4502020Assets 2021: $10,153,181Liabilities 2021: $73,732Net Assets 2021: $10,079,4492021Assets 2022: $8,384,356Liabilities 2022: $71,825Net Assets 2022: $8,312,5312022Assets 2023: $8,519,893Liabilities 2023: $89,716Net Assets 2023: $8,430,1772023Assets 2024: $9,015,262Liabilities 2024: $94,370Net Assets 2024: $8,920,8922024Assets 2025: $9,786,235Liabilities 2025: $83,371Net Assets 2025: $9,702,8642025

Highlighted filing

2015

Assets$9,176,249
Liabilities$29,988
Net Assets$9,146,261

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $105,189Expenses 2014: $5,215Net Income 2014: $99,9742014Revenue 2015: $91,751Expenses 2015: $67,699Net Income 2015: $24,0522015Revenue 2016: $407,852Expenses 2016: $134,200Net Income 2016: $273,6522016Revenue 2017: $1,049,244Expenses 2017: $144,562Net Income 2017: $904,6822017Revenue 2018: $873,048Expenses 2018: $380,465Net Income 2018: $492,5832018Revenue 2019: $356,052Expenses 2019: $2,454,404Net Income 2019: -$2,098,3522019Revenue 2020: $175,605Expenses 2020: $396,854Net Income 2020: -$221,2492020Revenue 2021: $698,545Expenses 2021: $440,413Net Income 2021: $258,1322021Revenue 2022: $682,507Expenses 2022: $501,849Net Income 2022: $180,6582022Revenue 2023: $228,071Expenses 2023: $471,278Net Income 2023: -$243,2072023Revenue 2024: $548,582Expenses 2024: $409,882Net Income 2024: $138,7002024Revenue 2025: $489,271Expenses 2025: $483,020Net Income 2025: $6,2512025

Highlighted filing

2015

Revenue$91,751
Expenses$67,699
Net Income$24,052
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$91,751
Mission and Program Overview

Mission

To support and sustain the programs of frontier health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,384,477$8,934,071▲ $3,549,594
Savings and Temporary Cash Investments$3,751,281$242,178▼ $3,509,103
Total Assets$9,135,758$9,176,249▲ $40,491
Liabilities
Accounts Payable and Accrued Expenses$13,549$29,988▲ $16,439
Total Liabilities$13,549$29,988▲ $16,439
Net Assets / Fund Balance
Unrestricted Net Assets$9,122,209$9,146,261▲ $24,052
Total Net Assets Fund Balance$9,122,209$9,146,261▲ $24,052
Total Liabilities and Net Assets / Fund Balance$9,135,758$9,176,249▲ $40,491
Compensation and Service Providers

Employees

NameTitleOtherTotal
David MckeeBoard Member-ex Officio$137,102$137,102

Board Members and Trustees

NameTitle
Wallace BoydChair
Lester LattanyVice Chair
Lee ShillitoBoard Member
Roy HarmonBoard Member
Teresa M KiddBoard Member-ex Officio
Charles E GoodFormer Board Member-ex Officio
Gary MabreySecretary
Lottie RyansTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,000
Program Service Revenue
$0
Investment Income
$89,751
Other Revenue
$0
All Other Contributions
$2,000
Change in Net Assets
$24,052

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,751
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$91,751
Total Revenue per Form 990
$91,751
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,699
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$59,589-$59,589
Fees for Services Accounting-$7,850-$7,850
Conferences and Meetings-$260-$260
Total Functional Expenses$0$67,699$0$67,699

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$67,699
Total Expenses per Audited Statements$67,699
Total Expenses per Form 990$67,699
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11

The return is prepared using the internal revenue service's guidelines for the preparation of an exempt organization's annual tax return. The return is reviewed by the board chairperson, president/ceo, and chief financial officer. A copy will be provided to members of the board upon request after filing.

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

The organization requires each director must sign that they have received, read, understand, and agree to comply with the conflict of interest policy on an annual basis. The purpose of this policy is to protect the corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the corporation.

Form 990, Part VI, Section B, Line 15

The organizations board of directors recieve no compensation for service. There are currently no other staff of the organization that receive any compensation.

Form 990, Part VI, Section C, Line 19

Frontier health foundation provides governing documents, the conflict of interest policy, and financial statements to the public upon request.

Filing and Contact Details

Filer

Filer Name
Frontier Health Foundation
EIN
46-1432508
Phone
4234673600
Address
1167 SPRATLIN PARK DRIVE, GRAY, TN 37615

Signing Officer

Name
Teresa M Kidd
Title
CEO
Phone
4234673600
Signed
2015-11-10

Organization Details

Principal Officer
Teresa M Kidd
Formed
2012
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's board of directors assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHARLES E GOOD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0BOARD MEMBER-EX OFFICIO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1FORMER BOARD MEMBER-EX OFFICIO
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0154988
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1242136
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PREPARED USING THE INTERNAL REVENUE SERVICE'S GUIDELINES FOR THE PREPARATION OF AN EXEMPT ORGANIZATION'S ANNUAL TAX RETURN. THE RETURN IS REVIEWED BY THE BOARD CHAIRPERSON, PRESIDENT/CEO, AND CHIEF FINANCIAL OFFICER. A COPY WILL BE PROVIDED TO MEMBERS OF THE BOARD UPON REQUEST AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES EACH DIRECTOR MUST SIGN THAT THEY HAVE RECEIVED, READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE PURPOSE OF THIS POLICY IS TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS BOARD OF DIRECTORS RECIEVE NO COMPENSATION FOR SERVICE. THERE ARE CURRENTLY NO OTHER STAFF OF THE ORGANIZATION THAT RECEIVE ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FRONTIER HEALTH FOUNDATION PROVIDES GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FRONTIER HEALTH
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IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
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IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
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IRS990/TotalContributionsAmt02000
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067699
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt067699
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013549
IRS990/TotalLiabilitiesEOYAmt029988
IRS990/TotalLiabilitiesGrp/BOYAmt013549
IRS990/TotalLiabilitiesGrp/EOYAmt029988
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IRS990/TotalOtherCompensationAmt084840
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt089751
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091751
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09135758
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09176249
IRS990/TotReportableCompRltdOrgAmt0449385
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01167 SPRATLIN PARK DRIVE
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IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA M KIDD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04234673600
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRONTIER HEALTH FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRON
ReturnHeader/Filer/EIN0461432508

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