Civic Intelligence

Touro Infirmary Foundation

990 • Fiscal year 2014 • EIN 72-1169939

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization Profilewww.touro.com/content/foundation.htm
1401 Foucher StreetNew Orleans, LA 70115

(504) 897-8435

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

4th percentile

0.01x

Higher debt load relative to revenue than 4% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

93rd percentile

59%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

95th percentile

$1,577,792

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 31.9% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

30th percentile

1.0%

Faster asset growth than 30% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

58%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets3rd percentile

Assets

Up

$45,818,806

Up $448,013 (+1.0%) from 2013

Net Assets

Up

$45,791,513

Up $421,341 (+0.9%) from 2013

Liabilities

Up

$27,293

Up $26,672 (+4295%) from 2013

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin93rd percentile

Revenue

Up

$4,945,426

Up $1,807,087 (+58%) from 2013

Expenses

Up

$2,006,443

Up $1,199,811 (+149%) from 2013

Net Income

Up

$2,938,983

Up $607,276 (+26%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$80M$60M$40M$20M$0-$20MAssets 2010: $46,311,729Liabilities 2010: $568,524Net Assets 2010: $45,743,2052010Assets 2011: $45,389,526Liabilities 2011: $574,815Net Assets 2011: $44,814,7112011Assets 2012: $41,038,376Liabilities 2012: -$16,236Net Assets 2012: $41,054,6122012Assets 2013: $45,370,793Liabilities 2013: $621Net Assets 2013: $45,370,1722013Assets 2014: $45,818,806Liabilities 2014: $27,293Net Assets 2014: $45,791,5132014Assets 2015: $45,171,212Liabilities 2015: $502,408Net Assets 2015: $44,668,8042015Assets 2016: $47,519,424Liabilities 2016: $1,719,917Net Assets 2016: $45,799,5072016Assets 2017: $51,741,758Liabilities 2017: $11,381Net Assets 2017: $51,730,3772017Assets 2018: $48,620,313Liabilities 2018: $7,986Net Assets 2018: $48,612,3272018Assets 2019: $56,368,027Liabilities 2019: $54,417Net Assets 2019: $56,313,6102019Assets 2020: $62,264,189Liabilities 2020: $43,466Net Assets 2020: $62,220,7232020Assets 2021: $67,237,065Liabilities 2021: $881,639Net Assets 2021: $66,355,4262021Assets 2022: $57,815,769Liabilities 2022: $1,103,751Net Assets 2022: $56,712,0182022Assets 2023: $63,387,583Liabilities 2023: $65,669Net Assets 2023: $63,321,9142023Assets 2024: $67,610,657Liabilities 2024: $10,279Net Assets 2024: $67,600,3782024

Highlighted filing

2014

Assets$45,818,806
Liabilities$27,293
Net Assets$45,791,513
Open 2014 Filing

Operations Trend

Revenue Growth90th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,005,5412010Expenses 2011: $991,5752011Expenses 2012: $1,028,2392012Revenue 2013: $3,138,339Expenses 2013: $806,632Net Income 2013: $2,331,7072013Revenue 2014: $4,945,426Expenses 2014: $2,006,443Net Income 2014: $2,938,9832014Revenue 2015: $1,567,138Expenses 2015: $1,014,259Net Income 2015: $552,8792015Revenue 2016: $786,882Expenses 2016: $1,795,520Net Income 2016: -$1,008,6382016Revenue 2017: $1,719,476Expenses 2017: $1,129,071Net Income 2017: $590,4052017Revenue 2018: $2,244,428Expenses 2018: $1,155,550Net Income 2018: $1,088,8782018Revenue 2019: $1,861,453Expenses 2019: $1,224,058Net Income 2019: $637,3952019Revenue 2020: $3,680,762Expenses 2020: $1,036,071Net Income 2020: $2,644,6912020Revenue 2021: $4,351,954Expenses 2021: $1,306,280Net Income 2021: $3,045,6742021Revenue 2022: $4,697,031Expenses 2022: $710,735Net Income 2022: $3,986,2962022Revenue 2023: $1,532,558Expenses 2023: $903,607Net Income 2023: $628,9512023Revenue 2024: $4,026,334Expenses 2024: $860,399Net Income 2024: $3,165,9352024

Highlighted filing

2014

Revenue$4,945,426
Expenses$2,006,443
Net Income$2,938,983
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$52,706,291
Mission and Program Overview

Mission

The Touro Infirmary Foundation has been established for the purpose of assisting Touro Infirmary to achieve its mission of continuing to provide quality healthcare and related services to the New Orleans Community.

To support the Mission of Touro Infirmary Hospital and its commitment to patient care, health education and community service through leadership, resource development and financial stewardship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$45,180,641$45,783,684▲ $603,043
Pledges and Grants Receivable$56,000$31,000▼ $25,000
Savings and Temporary Cash Investments$4,946$2,500▼ $2,446
Accounts Receivable$56,131$1,622▼ $54,509
Total Assets$45,370,793$45,818,806▲ $448,013
Other Assets Total$73,075--
Liabilities
Other Liabilities$0$27,217▲ $27,217
Accounts Payable and Accrued Expenses$621$76▼ $545
Total Liabilities$621$27,293▲ $26,672
Net Assets / Fund Balance
Unrestricted Net Assets$35,352,934$36,700,410▲ $1,347,476
Permanently Rstr Net Assets$5,651,280$5,651,280→ $0
Temporarily Rstr Net Assets$4,365,958$3,439,823▼ $926,135
Total Net Assets Fund Balance$45,370,172$45,791,513▲ $421,341
Total Liabilities and Net Assets / Fund Balance$45,370,793$45,818,806▲ $448,013

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$5,651,280---$5,651,280
2013$5,651,280---$5,651,280
2012$5,731,376$-80,096--$5,651,280
2011$5,731,376---$5,731,376
2010$5,688,116$43,260--$5,731,376
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Foster M Johns IIIChairman
Jim MontgomeryPresident
Gabriella Caputto NagleBoard Member
Jay Shames MDBoard Member
Joseph FriendBoard Member
Nancy B TimmBoard Member
Paul RosenblumBoard Member
Robert A BoriesBoard Member
William D Norman JRBoard Member
Ruth KullmanEx Officio
Revenue and Support

Revenue Composition

Contributions and Grants
$783,453
Program Service Revenue
$0
Investment Income
$4,254,530
Other Revenue
$-92,557
All Other Contributions
$711,453
Change in Net Assets
$2,938,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,573,715
Other Expenses$282,356
Salaries, Compensation, and Employee Benefits$150,372
Total Fundraising Expense$110,339
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,529,271--$1,529,271
Other Salaries and Wages$13,835$34,586$89,925$138,346
Fees for Services Management-$94,400-$94,400
Fees for Service Investment Mgmnt Fees-$75,508-$75,508
Grants to Domestic Individuals$44,444--$44,444
Other Expenses-$36,316-$36,316
Travel$18,712$611$3,050$22,373
Advertising$9,416$979$9,547$19,942
Information Technology-$14,758-$14,758
Fees for Services Legal-$13,531-$13,531
Payroll Taxes$1,009$2,523$6,559$10,091
Conferences and Meetings-$3,860-$3,860
Other Employee Benefits$193$484$1,258$1,935
Fees for Services Other-$1,270-$1,270
Office Expenses$398--$398
Total Functional Expenses$1,617,278$278,826$110,339$2,006,443
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Touro InfirmaryNew Orleans, LA501(c)(3)To help support Touro Infirmary's exempt purpose$1,429,271
Pro Bono PublicoNew Orleans, LA501(c)(3)Community outreach education grant$65,000
St Paul's SchoolCovington, LA501(c)(3)Community outreach education and training grant.$35,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$126,001
Fundraising Gross Income$33,375
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Here for Life GALA$98,600$26,925$25,305$1,620
L'dor V'dor$6,775$6,450$4,918$1,532
Total Events$105,375$33,375$126,001$-92,626
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Touro Infirmary$27,217
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Louisiana Children's Medical Center (LCMC) acts as a System Parent and it is the sole member of Touro Infirmary (Touro) and of Children's Hospital. Touro Infirmary is the sole member of the Foundation.”

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

“Foundation board members are elected by Touro Infirmary's board of directors.”

Form 990, Part VI, Section A, line 7B

“Touro Infirmary reserved the power to approve the decisions of the Foundation's board. LCMC reserved the power to approve decisions of the Touro board.”

Form 990, Part VI, Section B, line 11

“A draft of the Organization's Form 990 was presented to all members of the LCMC board for review via email link to a secure dropbox. The Form 990 was prepared by Touro's accounting department and reviewed by Touro's CFO”

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

“Senior management and members of the Touro Infirmary Foundation board of directors are required to review and sign a conflict of interest policy on an annual basis”

Form 990, Part VI, Section B, line 15

“The Organization does not compensate its CEO, who is also CEO of Touro. Touro relies on comparable data from unrelated entities to determine the amount of compensation for its executives, and documentation is maintained regarding the determination of these amounts. The final decision regarding the amount of compensation is subject to the approval of the LCMC board of directors.”

Form 990, Part VI, Section C, line 19

“All governing documents, the conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Touro Infirmary Foundation
EIN
72-1169939
Phone
5048978435
Address
1401 Foucher Street, New Orleans, LA 70115

Signing Officer

Name
Suzanne Haggard
Title
CFO LCMC Health
Phone
5048968342
Signed
2015-11-16

Organization Details

Principal Officer
Shon Baker
Formed
1991
Legal Domicile
La
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
46
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Contributions from Restricted Funds 15,967. Rounding 1.”

FORM 990, PART XII, LINE 2C:

“LCMC's finance committee assumes responsibility for the oversight of the audit of its consolidated financial statements and selection of an independent auditor has not changed from the prior year.”

Financial Statement Notes

Part V, Line 4:

“The organization holds restricted endowments, which will be used for Touro Infirmary's exempt purpose.”

Part X, Line 2:

“FIN 48 FOOTNOTE: Touro follows the provisions of the Accounting for Uncertainty in Income Taxes Topic of the FASB ASC. Touro recognizes a threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The interpretation also provides guidance on recognition, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Touro's tax filings are subject to audit by various taxing authorities. Touro's open audit periods are 2011 through 2013. There are currently no returns under examination. Management evaluated Touro's tax positions and considered that Touro had taken no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance.”

Raw XML AppendixShowing 400 of 676 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/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-92626
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2533610
IRS990/NoncashContributionsAmt03125
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0398
IRS990/OfficeExpensesGrp/TotalAmt0398
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt073075
IRS990/OtherChangesInNetAssetsAmt015968
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01258
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0484
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0193
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01935
IRS990/OtherExpensesGrp/Desc0FND - Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt036316
IRS990/OtherExpensesGrp/TotalAmt036316
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt027217
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Litigation Settlement
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt069
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt069
IRS990/OtherRevenueTotalAmt069
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt089925
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034586
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt013835
IRS990/OtherSalariesAndWagesGrp/TotalAmt0138346
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06559
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02523
IRS990/PayrollTaxesGrp/ProgramServicesAmt01009
IRS990/PayrollTaxesGrp/TotalAmt010091
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05651280
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05651280
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt056000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt031000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Shon Baker
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0849401
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0478244
IRS990/PYInvestmentIncomeAmt02343512
IRS990/PYOtherExpensesAmt0172541
IRS990/PYOtherRevenueAmt0-54574
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt02331707
IRS990/PYSalariesCompEmpBnftPaidAmt0155847
IRS990/PYTotalExpensesAmt0806632
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03138339
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02938983
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04946
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500
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/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Touro Infirmary Foundation ("Foundation") is incorporated for charitable, scientific and educational purposes within the meaning of section 501(c)(3) of the Internal Revenue Code. The Foundation provided grants during 2014 to the nonprofit organizations listed in schedule I.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, line 6:
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0720423659
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc0170(B)(1)(A)(iii)
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01429271
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Touro Infirmary
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01429271
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05651280
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05651280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05731376
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0-80096
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05731376
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05731376
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05688116
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt043260
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05731376
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Touro Infirmary
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization holds restricted endowments, which will be used for Touro Infirmary's exempt purpose.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FIN 48 FOOTNOTE: Touro follows the provisions of the Accounting for Uncertainty in Income Taxes Topic of the FASB ASC. Touro recognizes a threshold and measurement process for financial statement recognition of uncertain tax positions taken or expected to be taken in a tax return. The interpretation also provides guidance on recognition, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Touro's tax filings are subject to audit by various taxing authorities. Touro's open audit periods are 2011 through 2013. There are currently no returns under examination. Management evaluated Touro's tax positions and considered that Touro had taken no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt027217
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt072000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt071675
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0325
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0126001
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt02500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Here for Life GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0L'dor V'dor
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt023132
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt05877
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt029009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt098600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06775
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0105375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026925
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06450
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033375
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-92626
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030223
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025305
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04918
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt051471
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt09498
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt060969
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04269
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt19457
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt225838
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt34880
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Indigent Care
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Crisis Fund
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Nursing Education
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3CPR - Infant and Child
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt018
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt111
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt214
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt3244
IRS990ScheduleI/RecipientTable/CashGrantAmt01429271
IRS990ScheduleI/RecipientTable/CashGrantAmt165000
IRS990ScheduleI/RecipientTable/CashGrantAmt235000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To help support Touro Infirmary's exempt purpose
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Community outreach education grant
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Community outreach education and training grant.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Touro Infirmary
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Pro Bono Publico
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2St Paul's School
IRS990ScheduleI/RecipientTable/RecipientEIN0720423659
IRS990ScheduleI/RecipientTable/RecipientEIN1611512587
IRS990ScheduleI/RecipientTable/RecipientEIN2720485461
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01401 Foucher St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1P O Box 531024
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2917 South Jahncke Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0New Orleans
IRS990ScheduleI/RecipientTable/USAddress/CityNm1New Orleans

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,818,806
Liabilities
$27,293
Net assets
$45,791,513
Revenue
$4,945,426
Expenses
$2,006,443
Net income
$2,938,983
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.6$0.01$67.6$4.03$0.86$3.17
2023Detailed filing. Detailed filing data is available for this year.$63.4$0.07$63.3$1.53$0.90$0.63
2022Detailed filing. Detailed filing data is available for this year.$57.8$1.10$56.7$4.70$0.71$3.99
2021Detailed filing. Detailed filing data is available for this year.$67.2$0.88$66.4$4.35$1.31$3.05
2020Detailed filing. Detailed filing data is available for this year.$62.3$0.04$62.2$3.68$1.04$2.64
2019Detailed filing. Detailed filing data is available for this year.$56.4$0.05$56.3$1.86$1.22$0.64
2018Detailed filing. Detailed filing data is available for this year.$48.6$0.01$48.6$2.24$1.16$1.09
2017Summary only. Only limited summary data is available for this year.$51.7$0.01$51.7$1.72$1.13$0.59
2016Detailed filing. Detailed filing data is available for this year.$47.5$1.72$45.8$0.79$1.80$1.01
2015Detailed filing. Detailed filing data is available for this year.$45.2$0.50$44.7$1.57$1.01$0.55
2014Detailed filing. Detailed filing data is available for this year.$45.8$0.03$45.8$4.95$2.01$2.94
2013Detailed filing. Detailed filing data is available for this year.$45.4$0.00$45.4$3.14$0.81$2.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.0$0.02$41.1$1.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.4$0.57$44.8$0.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$0.57$45.7$1.01