Civic Intelligence

Touro Infirmary Foundation

990 • Fiscal year 2016 • EIN 72-1169939

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

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

19th percentile

0.04x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

2.19x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

2nd percentile

-128%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

95th percentile

$1,281,479

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 162.9% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

62nd percentile

5.2%

Faster asset growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$47,519,424

Up $2,348,212 (+5.2%) from 2015

Net Assets

Up

$45,799,507

Up $1,130,703 (+2.5%) from 2015

Liabilities

Up

$1,719,917

Up $1,217,509 (+242%) from 2015

Revenue

Down

$786,882

Down $780,256 (-50%) from 2015

Expenses

Up

$1,795,520

Up $781,261 (+77%) from 2015

Net Income

Down

-$1,008,638

Down $1,561,517 (-282%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$47,519,424
Liabilities$1,719,917
Net Assets$45,799,507

Operations Trend

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

2016

Revenue$786,882
Expenses$1,795,520
Net Income-$1,008,638
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$23,664,846
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$45,115,184$47,455,342▲ $2,340,158
Savings and Temporary Cash Investments$48,406$28,348▼ $20,058
Prepaid Expenses and Deferred Charges-$27,005-
Accounts Receivable$1,622$7,729▲ $6,107
Pledges and Grants Receivable$6,000$1,000▼ $5,000
Total Assets$45,171,212$47,519,424▲ $2,348,212
Liabilities
Other Liabilities$497,108$1,719,917▲ $1,222,809
Accounts Payable and Accrued Expenses$5,300--
Total Liabilities$502,408$1,719,917▲ $1,217,509
Net Assets / Fund Balance
Unrestricted Net Assets$36,188,608$38,206,937▲ $2,018,329
Permanently Rstr Net Assets$5,651,280$5,651,280→ $0
Temporarily Rstr Net Assets$2,828,916$1,941,290▼ $887,626
Total Net Assets Fund Balance$44,668,804$45,799,507▲ $1,130,703
Total Liabilities and Net Assets / Fund Balance$45,171,212$47,519,424▲ $2,348,212

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$5,651,280---$5,651,280
2015$5,651,280---$5,651,280
2014$5,651,280---$5,651,280
2013$5,651,280---$5,651,280
2012$5,731,376$-80,096--$5,651,280
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy B TimmChairman
James MontgomeryFormer President
Susan AndrewsPresident
Adrian CohnBoard Member
Clay SmithBoard Member
Foster Johns IIIBoard Member
Jay Shames MDBoard Member
Jonathan BroukBoard Member
Joseph FriendBoard Member
Lou Goodboard Member
Paul S RosenblumBoard Member
William D Norman JRBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$629,864
Program Service Revenue
$0
Investment Income
$288,606
Other Revenue
$-131,588
All Other Contributions
$529,594
Change in Net Assets
$-1,008,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,480,578
Other Expenses$167,161
Salaries, Compensation, and Employee Benefits$147,781
Total Fundraising Expense$102,221
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,417,684--$1,417,684
Other Salaries and Wages$13,065$32,663$84,923$130,651
Fees for Service Investment Mgmnt Fees-$82,281-$82,281
Grants to Domestic Individuals$62,894--$62,894
Fees for Services Management-$17,220-$17,220
Information Technology-$10,493-$10,493
Other Expenses$600$6,257$3,177$10,034
Payroll Taxes$972$2,430$6,319$9,721
Other Employee Benefits$741$1,852$4,816$7,409
Office Expenses-$6,199-$6,199
Advertising-$589$2,986$3,575
Fees for Services Other-$1,631-$1,631
Fees for Services Legal-$1,401-$1,401
Conferences and Meetings$73$976-$1,049
Travel-$785-$785
Total Functional Expenses$1,496,029$197,270$102,221$1,795,520
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Touro InfirmaryNew Orleans, LA501(c)(3)To help support Touro Infirmary's exempt purpose$1,417,684
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$162,188
Fundraising Gross Income$30,600
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Here for Life GALA & L'dor V'dor$130,870$30,600$96,125$-65,525
Total Events$130,870$30,600$162,188$-131,588
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$1,719,917
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 11B

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
Mark Wack
Title
CFO
Phone
5048978568
Signed
2017-11-14

Organization Details

Principal Officer
Jonnie Honse
Formed
1991
Legal Domicile
La
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
42
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Contributions from Restricted Funds 16,185. Rounding -2.

FORM 990, PART XII, LINE 2C:

LCMC's finance committee assumes responsibility for the oversight of its subsidiaries' (including Touro) financial statements and selection of an independent auditor. This has not changed from the previous year. In addition to the LCMC finance committee, the Touro finance committee has been delegated to assist with monitoring of the Touro financial statements and its subsidiaries to included CCPI, Woldenberg Village, and the Touro Foundation.

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: Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Touro believes it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.

Raw XML AppendixShowing 400 of 692 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/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt044668804
IRS990/NetAssetsOrFundBalancesEOYAmt045799507
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-460954
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-460954
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-131588
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-131588
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02123158
IRS990/NoncashContributionsAmt01593
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06199
IRS990/OfficeExpensesGrp/TotalAmt06199
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt016183
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04816
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01852
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0741
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07409
IRS990/OtherExpensesGrp/Desc0Planned Giving
IRS990/OtherExpensesGrp/Desc1Other Professional Fees
IRS990/OtherExpensesGrp/FundraisingAmt03177
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032493
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16257
IRS990/OtherExpensesGrp/ProgramServicesAmt0600
IRS990/OtherExpensesGrp/TotalAmt032493
IRS990/OtherExpensesGrp/TotalAmt110034
IRS990/OtherLiabilitiesGrp/BOYAmt0497108
IRS990/OtherLiabilitiesGrp/EOYAmt01719917
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt084923
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032663
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt013065
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130651
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06319
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02430
IRS990/PayrollTaxesGrp/ProgramServicesAmt0972
IRS990/PayrollTaxesGrp/TotalAmt09721
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05651280
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt05651280
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027005
IRS990/PrincipalOfficerNm0Jonnie Honse
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0576989
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0660101
IRS990/PYInvestmentIncomeAmt01096182
IRS990/PYOtherExpensesAmt0188211
IRS990/PYOtherRevenueAmt0-106033
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0552879
IRS990/PYSalariesCompEmpBnftPaidAmt0165947
IRS990/PYTotalExpensesAmt01014259
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01567138
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1008638
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt028348
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/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0720423659
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01417684
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Touro Infirmary
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01417684
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/BeginningYearBalanceAmt05651280
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05651280
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05731376
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0-80096
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05651280
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd01
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01719917
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: Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Touro believes it has appropriate support for any tax positions taken, and management has determined that there are no uncertain tax positions that are material to the financial statements. Penalties and interest assessed by income taxing authorities, if any, would be included in income tax expense.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01719917
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0100270
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0100270
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0162188
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04750
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04750
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Here for Life GALA & L'dor V'dor
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt061313
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt061313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0130870
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0130870
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030600
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-131588
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt096125
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt096125
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt013152
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt118125
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt226777
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt34840
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Indigent Care
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Crisis Fund
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Nursing Education
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3CPR - Infant and Child
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt119
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt211
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt3242
IRS990ScheduleI/RecipientTable/CashGrantAmt01417684
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To help support Touro Infirmary's exempt purpose
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Touro Infirmary
IRS990ScheduleI/RecipientTable/RecipientEIN0720423659
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01401 Foucher St
IRS990ScheduleI/RecipientTable/USAddress/CityNm0New Orleans
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070115
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Touro Infirmary's Human Resource department and/or Foundation Department monitors the use of grant funds by analyzing the applicants applicability to meet the criteria of the grant restrictions.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00

Document Assets

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Filings

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