Civic Intelligence

The Foundation for Geriatric Education

EIN 62-1179417 • 501(c)3 • Murfreesboro, TN

Profile

The foundation for geriatric education supports and provides scholarships in geriatric health care education and funding for the purchase of courses, books, and various other learning tools which help to increase the quality of education in the field of geriatrics.

100 E Vine StreetMurfreesboro, TN 37130

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.28x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

28%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$24,578,842

Up $5,395,005 (+28%) from 2023

Liabilities

Up

$406,489

Up $153,520 (+61%) from 2023

Net Assets

Up

$24,172,353

Up $5,241,485 (+28%) from 2023

Revenue

Up

$1,432,851

Up $139,188 (+11%) from 2023

Expenses

Down

$474,575

Down $29,784 (-5.9%) from 2023

Net Income

Up

$958,276

Up $168,972 (+21%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $7,861,893Liabilities 2010: $0Net Assets 2010: $7,861,8932010Assets 2011: $8,263,806Liabilities 2011: $0Net Assets 2011: $8,263,8062011Assets 2012: $10,903,488Liabilities 2012: $0Net Assets 2012: $10,903,4882012Assets 2013: $11,410,284Liabilities 2013: $0Net Assets 2013: $11,410,2842013Assets 2014: $14,578,858Liabilities 2014: $0Net Assets 2014: $14,578,8582014Assets 2015: $13,654,758Liabilities 2015: $0Net Assets 2015: $13,654,7582015Assets 2016: $17,144,608Liabilities 2016: $0Net Assets 2016: $17,144,6082016Assets 2017: $18,107,177Liabilities 2017: $0Net Assets 2017: $18,107,1772017Assets 2018: $19,453,527Liabilities 2018: $0Net Assets 2018: $19,453,5272018Assets 2019: $21,804,746Liabilities 2019: $0Net Assets 2019: $21,804,7462019Assets 2020: $19,703,774Liabilities 2020: $14,593Net Assets 2020: $19,689,1812020Assets 2021: $17,869,406Liabilities 2021: $286,776Net Assets 2021: $17,582,6302021Assets 2022: $17,074,576Liabilities 2022: $522,545Net Assets 2022: $16,552,0312022Assets 2023: $19,183,837Liabilities 2023: $252,969Net Assets 2023: $18,930,8682023Assets 2024: $24,578,842Liabilities 2024: $406,489Net Assets 2024: $24,172,3532024

Highlighted filing

2024

Assets$24,578,842
Liabilities$406,489
Net Assets$24,172,353

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0Expenses 2010: $113,3542010Expenses 2011: $134,3392011Expenses 2012: $117,2812012Revenue 2013: $854,310Expenses 2013: $153,357Net Income 2013: $700,9532013Revenue 2014: $831,015Expenses 2014: $131,030Net Income 2014: $699,9852014Revenue 2015: $897,429Expenses 2015: $127,678Net Income 2015: $769,7512015Revenue 2016: $982,365Expenses 2016: $253,753Net Income 2016: $728,6122016Revenue 2017: $1,067,131Expenses 2017: $101,333Net Income 2017: $965,7982017Revenue 2018: $1,142,283Expenses 2018: $136,757Net Income 2018: $1,005,5262018Revenue 2019: $1,272,297Expenses 2019: $363,098Net Income 2019: $909,1992019Revenue 2020: $1,260,961Expenses 2020: $344,396Net Income 2020: $916,5652020Revenue 2021: $1,227,270Expenses 2021: $373,275Net Income 2021: $853,9952021Revenue 2022: $1,218,895Expenses 2022: $651,224Net Income 2022: $567,6712022Revenue 2023: $1,293,663Expenses 2023: $504,359Net Income 2023: $789,3042023Revenue 2024: $1,432,851Expenses 2024: $474,575Net Income 2024: $958,2762024

Highlighted filing

2024

Revenue$1,432,851
Expenses$474,575
Net Income$958,276

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.6$0.41$24.2$1.43$0.47$0.96
2023Detailed filing. Detailed filing data is available for this year.$19.2$0.25$18.9$1.29$0.50$0.79
2022Detailed filing. Detailed filing data is available for this year.$17.1$0.52$16.6$1.22$0.65$0.57
2021Detailed filing. Detailed filing data is available for this year.$17.9$0.29$17.6$1.23$0.37$0.85
2020Detailed filing. Detailed filing data is available for this year.$19.7$0.01$19.7$1.26$0.34$0.92
2019Detailed filing. Detailed filing data is available for this year.$21.8$0.00$21.8$1.27$0.36$0.91
2018Detailed filing. Detailed filing data is available for this year.$19.5$0.00$19.5$1.14$0.14$1.01
2017Detailed filing. Detailed filing data is available for this year.$18.1$0.00$18.1$1.07$0.10$0.97
2016Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$0.98$0.25$0.73
2015Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$0.90$0.13$0.77
2014Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$0.83$0.13$0.70
2013Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$0.85$0.15$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$0.00$10.9$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.26$0.00$8.26$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.86$0.00$7.86$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 22, 2025
Return Version
2024v5.2
Gross Receipts
$1,586,072
Mission and Program Overview

Mission

The foundation for geriatric education supports and provides funding for the purchase of videos, books, and various other learning tools which help to increase the quality of education in the field of geriatrics.

The foundation for geriatric education supports and provides scholarships in geriatric health care education and funding for the purchase of courses, books, and various other learning tools which help to increase the quality of education in the field of geriatrics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$18,096,268$23,472,480▲ $5,376,212
Savings and Temporary Cash Investments$656,385$633,063▼ $23,322
Accounts Receivable$284,171$302,977▲ $18,806
Inventories for Sale or Use$147,013$170,322▲ $23,309
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$19,183,837$24,578,842▲ $5,395,005
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$252,969$406,489▲ $153,520
Total Liabilities$252,969$406,489▲ $153,520
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,930,868$24,172,353▲ $5,241,485
Total Net Assets Fund Balance$18,930,868$24,172,353▲ $5,241,485
Total Liabilities and Net Assets / Fund Balance$19,183,837$24,578,842▲ $5,395,005
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris WestPresident
R Michael UsseryVice President
Greg BidwellDirector
W Robert CogginSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$228,776
Program Service Revenue
$0
Investment Income
$1,164,824
Other Revenue
$39,251
All Other Contributions
$228,776
Change in Net Assets
$958,276

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,432,851
Revenue Not Reported on Form 990
$4,283,209
Total Revenue per Audited Statements
$5,716,060
Total Revenue per Form 990
$1,432,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$474,575
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 Accounting-$13,950-$13,950
Other Expenses$9,399$36,683-$9,399
All Other Expenses$588$1,128-$1,716
Total Functional Expenses$422,814$51,761$0$474,575

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$474,575
Total Expenses per Audited Statements$474,575
Total Expenses per Form 990$474,575
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

All directors of the foundation are also officers or employees of national healthcare corporation, a public for-profit entity.

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

The board reviews and approves the 990 before filing.

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

Questionnaires are completed annually by the officers and directors to assure compliance.

Form 990, Part VI, Section C, Line 19

Governing documents, conflicts of interest policies, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Foundation for Geriatric Education
EIN
62-1179417
Phone
6158902020
Address
100 E VINE STREET, MURFREESBORO, TN 37130

Signing Officer

Name
R Michael Ussery
Title
Vice President
Signed
2025-09-22
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
3
Employees
0

Preparer

Firm
Jobe Hastings & Associates CPAs
Address
745 South Church Street Suite 105, Murfreesboro, TN 37130
Preparer
James R Jobe CPA
Phone
6158937777
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Prior Year Facts and Circumstances: FOR TAX YEARS 2024 AND 2023, THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE IS BELOW THE 33 1/3% SUPPORT TEST. HOWEVER, THE ORGANIZATION DOES MEET THE FACTS AND CIRCUMSTANCES TEST FOR BOTH YEARS 2024 AND 2023. THE PUBLIC SUPPORT PERCENTAGE REMAINS WELL ABOVE THE 10% THRESHOLD BEING 15.91% AND 16.72% FOR THE TAX YEARS 2024 AND 2023, RESPECTIVELY. THE RELEVANT FACTS AND CIRCUMSTANCES ARE AS FOLLOWS:1) THE ORGANIZATION MAINTAINS A GOVERNING BODY MADE UP OF 4 INDIVIDUALS HAVING SPECIALIZED KNOWLEDGE IN THE FIELD OF GERIATRICS AND LONG-TERM CARE WHICH IS THE PARTICULAR FIELD OF THE CHARITABLE ACTIVITY OF THE ORGANIZATION.2) THE GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC IN THE AREA OF GERIATRIC EDUCATION.3) THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM OF SOLICITATION OF FUNDS FOR THE GENERAL PUBLIC, ESPECIALLY THOSE FROM THE COMMUNITY OF LONG-TERM HEALTH CARE. INTERESTED LONG-TERM CARE FACILITIES ARE ENCOURAGED TO SET A GOAL FOR DONATIONS TO THE ORGANIZATION AND RAISE FUNDS TO MEET THE GOAL THROUGH EMPLOYEE, PUBLIC AND FACILITY DONATIONS.4) THE MAIN SOURCE OF CHARITABLE SUPPORT FOR THE ORGANIZATION IS THROUGH DONATIONS RAISED BY LONG-TERM CARE FACILITIES. IN TAX YEARS 2024 AND 2023, NEARLY 100 FACILITIES FROM ALL OVER THE UNITED STATES MADE VARYING AMOUNTS OF CONTRIBUTIONS TO THE ORGANIZATION. THIS DONOR BASE REPRESENTS AN EXTREMELY DIVERSE SOURCE OF SUPPORT, ESPECIALLY IN GEOGRAPHIC LOCATION AND NUMBER OF DONORS.5) THE PROGRAMS AND SERVICES OF THE ORGANIZATION ARE WIDELY AVAILABLE TO THE PUBLIC THROUGH ITS SUPPORT OF DEVELOPING AND ENHANCING GERIATRIC CURRICULUMS IN HEALTHCARE TEACHING PROGRAMS AND THROUGH SUPPORT OF INDIVIDUALS PARTICIPATING IN THESE PROGRAMS.
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IRS990ScheduleD/TotalExpensesPerForm990Amt0474575
IRS990ScheduleD/TotalRevenuePerForm990Amt01432851
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DIRECTORS OF THE FOUNDATION ARE ALSO OFFICERS OR EMPLOYEES OF NATIONAL HEALTHCARE CORPORATION, A PUBLIC FOR-PROFIT ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS AND APPROVES THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUESTIONNAIRES ARE COMPLETED ANNUALLY BY THE OFFICERS AND DIRECTORS TO ASSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/USAddress/AddressLine1Txt0100 E VINE STREET
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0R MICHAEL USSERY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FOUNDATION FOR GERIATRIC EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0621179417
ReturnHeader/Filer/PhoneNum06158902020
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 E VINE STREET
ReturnHeader/Filer/USAddress/CityNm0MURFREESBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037130
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621194004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Jobe Hastings & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0745 South Church Street Suite 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Murfreesboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037130
ReturnHeader/PreparerPersonGrp/PhoneNum06158937777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James R Jobe CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-22T09:46:22-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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