Civic Intelligence

North Broward Hospital District

EIN 65-0930889 • 501(c)3 • Fort Lauderdale, FL

Profile

The north broward hospital district charitable foundation's purpose is to support the fundraising efforts of the north broward hospital district

1700 NW 49th Street 125Fort Lauderdale, FL 33316

www.browardhealthfoundation.org

Siviq Scores

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

Liabilities / Assets

12th percentile

0.01x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.05x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$277,032

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

37th percentile

1.9%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-56%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$25,828,189

Up $488,237 (+1.9%) from 2023

Liabilities

Up

$222,375

Up $61,265 (+38%) from 2023

Net Assets

Up

$25,605,814

Up $426,972 (+1.7%) from 2023

Revenue

Down

$4,687,918

Down $5,874,381 (-56%) from 2023

Expenses

Up

$4,180,946

Up $409,401 (+11%) from 2023

Net Income

Down

$506,972

Down $6,283,782 (-93%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $7,840,470Liabilities 2011: $3,085,903Net Assets 2011: $4,754,5672011Assets 2012: $8,062,372Liabilities 2012: $3,438,268Net Assets 2012: $4,624,1042012Assets 2013: $9,472,135Liabilities 2013: $4,663,978Net Assets 2013: $4,808,1572013Assets 2014: $12,249,277Liabilities 2014: $5,896,347Net Assets 2014: $6,352,9302014Assets 2015: $15,125,208Liabilities 2015: $6,947,633Net Assets 2015: $8,177,5752015Assets 2016: $26,557,192Liabilities 2016: $8,301,301Net Assets 2016: $18,255,8912016Assets 2017: $26,978,540Liabilities 2017: $9,424,031Net Assets 2017: $17,554,5092017Assets 2018: $20,894,773Liabilities 2018: $10,661,685Net Assets 2018: $10,233,0882018Assets 2019: $21,105,160Liabilities 2019: $11,373,005Net Assets 2019: $9,732,1552019Assets 2020: $19,791,684Liabilities 2020: $12,234,807Net Assets 2020: $7,556,8772020Assets 2021: $19,799,411Liabilities 2021: $13,617,427Net Assets 2021: $6,181,9842021Assets 2022: $20,665,686Liabilities 2022: $357,480Net Assets 2022: $20,308,2062022Assets 2023: $25,339,952Liabilities 2023: $161,110Net Assets 2023: $25,178,8422023Assets 2024: $25,828,189Liabilities 2024: $222,375Net Assets 2024: $25,605,8142024

Highlighted filing

2024

Assets$25,828,189
Liabilities$222,375
Net Assets$25,605,814

Operations Trend

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

$20M$10M$0-$10MRevenue 2011: $2,144,017Expenses 2011: $5,659,060Net Income 2011: -$3,515,0432011Revenue 2012: $2,873,207Expenses 2012: $3,003,670Net Income 2012: -$130,4632012Revenue 2013: $3,636,939Expenses 2013: $3,454,970Net Income 2013: $181,9692013Revenue 2014: $5,707,636Expenses 2014: $4,150,601Net Income 2014: $1,557,0352014Revenue 2015: $5,525,097Expenses 2015: $3,634,403Net Income 2015: $1,890,6942015Revenue 2016: $14,114,684Expenses 2016: $4,026,160Net Income 2016: $10,088,5242016Revenue 2017: $3,127,881Expenses 2017: $3,415,880Net Income 2017: -$287,9992017Revenue 2018: $1,718,971Expenses 2018: $8,331,619Net Income 2018: -$6,612,6482018Revenue 2019: $1,499,905Expenses 2019: $2,346,392Net Income 2019: -$846,4872019Revenue 2020: $1,051,331Expenses 2020: $2,474,651Net Income 2020: -$1,423,3202020Revenue 2021: $1,544,702Expenses 2021: $2,910,868Net Income 2021: -$1,366,1662021Revenue 2022: $17,267,585Expenses 2022: $3,134,007Net Income 2022: $14,133,5782022Revenue 2023: $10,562,299Expenses 2023: $3,771,545Net Income 2023: $6,790,7542023Revenue 2024: $4,687,918Expenses 2024: $4,180,946Net Income 2024: $506,9722024

Highlighted filing

2024

Revenue$4,687,918
Expenses$4,180,946
Net Income$506,972

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.8$0.22$25.6$4.69$4.18$0.51
2023Detailed filing. Detailed filing data is available for this year.$25.3$0.16$25.2$10.6$3.77$6.79
2022Detailed filing. Detailed filing data is available for this year.$20.7$0.36$20.3$17.3$3.13$14.1
2021Detailed filing. Detailed filing data is available for this year.$19.8$13.6$6.18$1.54$2.91$1.37
2020Summary only. Only limited summary data is available for this year.$19.8$12.2$7.56$1.05$2.47$1.42
2019Summary only. Only limited summary data is available for this year.$21.1$11.4$9.73$1.50$2.35$0.85
2018Summary only. Only limited summary data is available for this year.$20.9$10.7$10.2$1.72$8.33$6.61
2017Summary only. Only limited summary data is available for this year.$27.0$9.42$17.6$3.13$3.42$0.29
2016Summary only. Only limited summary data is available for this year.$26.6$8.30$18.3$14.1$4.03$10.1
2015Summary only. Only limited summary data is available for this year.$15.1$6.95$8.18$5.53$3.63$1.89
2014Summary only. Only limited summary data is available for this year.$12.2$5.90$6.35$5.71$4.15$1.56
2013Summary only. Only limited summary data is available for this year.$9.47$4.66$4.81$3.64$3.45$0.18
2012Summary only. Only limited summary data is available for this year.$8.06$3.44$4.62$2.87$3.00$0.13
2011Summary only. Only limited summary data is available for this year.$7.84$3.09$4.75$2.14$5.66$3.52
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$5,375,939
Mission and Program Overview

Mission

The north broward hospital district charitable foundation's purpose is to support the fundraising efforts of the north broward hospital district

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,771,674$12,950,799▲ $6,179,125
Investments in Publicly Traded Securities$604,127$4,861,146▲ $4,257,019
Cash and Non-Interest-Bearing Accounts$13,432,952$4,178,056▼ $9,254,896
Pledges and Grants Receivable$3,314,361$2,364,104▼ $950,257
Land, Buildings, and Equipment, Net$1,082,603$1,157,508▲ $74,905
Accounts Receivable$29,892$64,222▲ $34,330
Prepaid Expenses and Deferred Charges$7,329$85▼ $7,244
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$25,339,952$25,828,189▲ $488,237
Other Assets Total$97,014$252,269▲ $155,255
Liabilities
Accounts Payable and Accrued Expenses$103,354$142,401▲ $39,047
Other Liabilities$57,756$79,974▲ $22,218
Total Liabilities$161,110$222,375▲ $61,265
Net Assets / Fund Balance
Net Assets With Donor Restrictions$25,178,842$25,605,814▲ $426,972
Total Net Assets Fund Balance$25,178,842$25,605,814▲ $426,972
Total Liabilities and Net Assets / Fund Balance$25,339,952$25,828,189▲ $488,237

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,051,720$72,613$1,124,333
Other Land Buildings$103,684$61,545$165,229
Equipment$2,104$4,554$6,658

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$654,864-▲ $87,713-$793,680
2022$590,515-▲ $64,106-$654,864
2021$765,838-▼ $120,310-$590,515
2020$664,201-▲ $145,965-$765,837
2019$709,281-▼ $8,021-$664,201
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott FordPresidentFT$215,560$61,472$277,032

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,979,851
Program Service Revenue
$0
Investment Income
$630,871
Other Revenue
$1,077,196
All Other Contributions
$2,979,851
Change in Net Assets
$506,972

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$44,325Fair Market Value (FMV)
Food Inventory2$20,479Fair Market Value (FMV)
Other Non Cash Contri Table1$10,000Fair Market Value (FMV)
Total Noncash Contributions4$74,804-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,974,179
Salaries, Compensation, and Employee Benefits$786,168
Total Fundraising Expense$559,273
Other Expenses$420,599
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,974,179--$2,974,179
Other Salaries and Wages-$150,766$351,789$502,555
Current Officers, Directors, Trustees, and Key Employees-$44,768$134,306$179,074
Fees for Services Management-$114,000-$114,000
Other Employee Benefits-$30,270$70,631$100,901
Depreciation Depletion-$90,324-$90,324
Office Expenses-$62,341-$62,341
Fees for Service Investment Mgmnt Fees-$44,257-$44,257
Other Expenses-$14,442-$14,442
Advertising-$6,575-$6,575
Fees for Services Other-$5,690-$5,690
Fees for Services Accounting-$5,000-$5,000
Pension Plan Contributions-$1,091$2,547$3,638
Travel-$3,166-$3,166
Total Functional Expenses$2,974,179$647,494$559,273$4,180,946
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
North Broward Hospital DistriFt Lauderdale, FL-Capital And/or as Intended by Donor$2,974,179
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,480,828
Fundraising Direct Expenses$403,632
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2024 Ball$1,302,450$1,302,450$138,112$1,164,338
Golf Event$113,296$113,296$18,826$94,470
Total Events$1,480,828$1,480,828$403,632$1,077,196
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflows$47,706
Long Term Lease Obligation$32,268
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The foundation's bylaws state that there is one member, the supported organization, north broward hospital district; however, the organization has no stockholders.

Form 990, Part VI, Section A, Line 7A

North broward hospital district approves board members

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

The foundation's board of directors reviewed this return at its meeting on april 24, 2025.

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

The foundation follows all policies as provided by the supported organization, north broward hospital district, including the policies referred to in form 990 part vi lines 12-15. North broward hospital district provides all staff; therefore, human resources and board related policies are followed as directed by north broward hospital district.

Form 990, Part VI, Section B, Line 15A

The foundation follows all policies as provided by the supported organization, north broward hospital district, including the policies referred to in form 990 part vi lines 12-15. North broward hospital district provides all staff; therefore, human resources and board related policies are followed as directed by north broward hospital district.

Form 990, Part VI, Section B, Line 15B

The foundation follows all policies as provided by the supported organization, north broward hospital district, including the policies referred to in form 990 part vi lines 12-15. North broward hospital district provides all staff; therefore, human resources and board related policies are followed as directed by north broward hospital district.

Form 990, Part VI, Section C, Line 19

Documents are available upon request submitted to the human resources department of the north broward hospital district.

Filing and Contact Details

Filer

Filer Name
North Broward Hospital District
EIN
65-0930889
Phone
9544737071
Address
1700 NW 49TH STREET 125, FORT LAUDERDALE, FL 33316

Signing Officer

Name
Donald Eachus
Title
President
Signed
2025-04-28

Organization Details

Principal Officer
Donald Eachus
Formed
1998
Legal Domicile
Fl
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
60
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Pledge write off = -$80000

Form 990, Part XII, Line 2C

ALSO FOR FORM 990, PART IV, LINE 12b AND FORM 990, PART XII, LINE 2c - ALTHOUGH NOT INDIVIDUALLY IDENTIFIED, THE NORTH BROWARD HOSPITAL DISTRICT CHARITABLE FOUNDATION'S FINANCIAL STATEMENTS WERE AUDITED AS PART OF AND INCLUDED IN THE NORTH BROWARD HOSPITAL DISTRICT'S CONSOLIDATED FINANCIAL STATEMENTS. THE AUDIT COMMITTEE OF THE NORTH BROWARD HOSPITAL DISTRICT HAS OVERSIGHT OVER THE SELECTION OF THE INDEPENDENT AUDIT FIRM AND THE PERFORMANCE OF THE AUDIT.

Form 990, Part IX Line 10

FORM 990, PART IX, LINE 10LINE 10 (ALSO FOR FORM 990, PART I, LINES 5 & 15 AND FORM 990, PART V, LINE 2a) - ALL EXPENSES, INCLUDING PAYROLL FOR EMPLOYEES AND RELATED TAXES, ARE PAID BY NORTH BROWARD HOSPITAL DISTRICT AND ALLOCATED TO THE FOUNDATION. AS SUCH, PAYROLL TAXES ARE PAID BY NORTH BROWARD HOSPITAL DISTRICT, ALLOCATED TO THE FOUNDATION AND INCLUDED ON LINE 9, OTHER EMPLOYEE BENEFITS, SINCE THE FOUNDATION DOES NOT PAY THE PAYROLL TAXES NOR DOES IT FILE THE RELATED FORM WITH THE IRS.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Purpose: in an effort to ensure the purchasing power of endowments held and managed by the broward health foundation (bhf), a five percent (5%) spending policy has been established by the broward health foundation board of directors.policy: the endowment spending policy will operate in the following manner:1. On april 30 of each fiscal year, a fair market value for bhf's pooled fund will be calculated and a per unit value determined. Subsequently, the fair market value for each endowed fund will be determined based on the number of units held in the pooled fund.2. Each endowed fund established after april 30 will purchase units in bhf's pooled fund at the per unit market value of bhf's pooled fund on the date of establishment, and in the first year will share in fund's distribution in the following year on a pro-rated basis.3. Five percent (5%)of the fair-market value of each endowment fund, as determined on april 30, will then be made available for distribution in the following fiscal year from the fund to the broward health system for the purpose for which it was contributed. The system, in turn, will provide bhf with an accounting of how these funds were spent prior to june 30 of the funded year.4. All funds not distributed in any fiscal year by the fund may be carried over for a period not to exceed three fiscal years, including the initial year of distribution. After that time, these funds will become part of the fund's principal for subsequent fiscal year distributions.

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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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