Civic Intelligence

Polly Ryon Memorial Hospital Foundation

EIN 76-0319398 • 501(c)3 • Richmond, TX

Profile

Polly ryon memorial hospital foundation is operated exclusively for charitable, scientific, literary and educational purposes. The foundation is administered solely for the benefit of oakbend medical center.

1705 Jackson StRichmond, TX 77469

n/A

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$723,017

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

48th percentile

5.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-16%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$61,679,130

Up $3,136,368 (+5.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$61,679,130

Up $3,136,368 (+5.4%) from 2023

Revenue

Down

$2,553,339

Down $476,262 (-16%) from 2023

Expenses

Down

$66,517

Down $21,693 (-25%) from 2023

Net Income

Down

$2,486,822

Down $454,569 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $29,604,581Liabilities 2010: $700Net Assets 2010: $29,603,8812010Assets 2011: $30,855,665Liabilities 2011: $700Net Assets 2011: $30,854,9652011Assets 2012: $32,362,928Liabilities 2012: $700Net Assets 2012: $32,362,2282012Assets 2013: $33,749,849Liabilities 2013: $3,149Net Assets 2013: $33,746,7002013Assets 2014: $35,066,115Liabilities 2014: $0Net Assets 2014: $35,066,1152014Assets 2015: $36,064,701Liabilities 2015: $2,400Net Assets 2015: $36,062,3012015Assets 2016: $37,525,931Liabilities 2016: $4,181Net Assets 2016: $37,521,7502016Assets 2017: $41,362,815Liabilities 2017: $0Net Assets 2017: $41,362,8152017Assets 2018: $41,395,890Liabilities 2018: $32,390Net Assets 2018: $41,363,5002018Assets 2019: $47,399,809Liabilities 2019: $0Net Assets 2019: $47,399,8092019Assets 2020: $51,878,516Liabilities 2020: $0Net Assets 2020: $51,878,5162020Assets 2021: $58,479,306Liabilities 2021: $0Net Assets 2021: $58,479,3062021Assets 2022: $52,845,963Liabilities 2022: $0Net Assets 2022: $52,845,9632022Assets 2023: $58,542,762Liabilities 2023: $0Net Assets 2023: $58,542,7622023Assets 2024: $61,679,130Liabilities 2024: $0Net Assets 2024: $61,679,1302024

Highlighted filing

2024

Assets$61,679,130
Liabilities$0
Net Assets$61,679,130

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $127,1792010Expenses 2011: $92,7402011Revenue 2012: $1,187,106Expenses 2012: $106,855Net Income 2012: $1,080,2512012Revenue 2013: $1,212,613Expenses 2013: $107,691Net Income 2013: $1,104,9222013Revenue 2014: $1,298,887Expenses 2014: $83,321Net Income 2014: $1,215,5662014Revenue 2015: $1,250,248Expenses 2015: $82,756Net Income 2015: $1,167,4922015Revenue 2016: $1,271,573Expenses 2016: $93,369Net Income 2016: $1,178,2042016Revenue 2017: $1,763,848Expenses 2017: $113,260Net Income 2017: $1,650,5882017Revenue 2018: $2,967,979Expenses 2018: $119,307Net Income 2018: $2,848,6722018Revenue 2019: $3,928,944Expenses 2019: $106,409Net Income 2019: $3,822,5352019Revenue 2020: $4,223,185Expenses 2020: $73,264Net Income 2020: $4,149,9212020Revenue 2021: $4,605,783Expenses 2021: $100,695Net Income 2021: $4,505,0882021Revenue 2022: $3,877,052Expenses 2022: $97,093Net Income 2022: $3,779,9592022Revenue 2023: $3,029,601Expenses 2023: $88,210Net Income 2023: $2,941,3912023Revenue 2024: $2,553,339Expenses 2024: $66,517Net Income 2024: $2,486,8222024

Highlighted filing

2024

Revenue$2,553,339
Expenses$66,517
Net Income$2,486,822

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.7$0.00$61.7$2.55$0.07$2.49
2023Detailed filing. Detailed filing data is available for this year.$58.5$0.00$58.5$3.03$0.09$2.94
2022Detailed filing. Detailed filing data is available for this year.$52.8$0.00$52.8$3.88$0.10$3.78
2021Detailed filing. Detailed filing data is available for this year.$58.5$0.00$58.5$4.61$0.10$4.51
2020Detailed filing. Detailed filing data is available for this year.$51.9$0.00$51.9$4.22$0.07$4.15
2019Detailed filing. Detailed filing data is available for this year.$47.4$0.00$47.4$3.93$0.11$3.82
2018Detailed filing. Detailed filing data is available for this year.$41.4$0.03$41.4$2.97$0.12$2.85
2017Detailed filing. Detailed filing data is available for this year.$41.4$0.00$41.4$1.76$0.11$1.65
2016Detailed filing. Detailed filing data is available for this year.$37.5$0.00$37.5$1.27$0.09$1.18
2015Detailed filing. Detailed filing data is available for this year.$36.1$0.00$36.1$1.25$0.08$1.17
2014Detailed filing. Detailed filing data is available for this year.$35.1$0.00$35.1$1.30$0.08$1.22
2013Detailed filing. Detailed filing data is available for this year.$33.7$0.00$33.7$1.21$0.11$1.10
2012Summary only. Only limited summary data is available for this year.$32.4$0.00$32.4$1.19$0.11$1.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.9$0.00$30.9$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.6$0.00$29.6$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.1
Gross Receipts
$47,164,562
Mission and Program Overview

Mission

Polly ryon memorial hospital foundation is operated exclusively for charitable, scientific, literary and educational purposes. The foundation is administered solely for the benefit of oakbend medical center.

Operated exclusively for charitable, scientific, literary and educational purposes. The foundation is administered solely for the benefit of oakbend medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,077,899$11,932,833▼ $8,145,066
Savings and Temporary Cash Investments$0$56,500▲ $56,500
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$58,542,762$61,679,130▲ $3,136,368
Other Assets Total$38,464,863$49,689,797▲ $11,224,934
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,077,899$38,926,375▲ $1,848,476
Net Assets With Donor Restrictions$21,464,863$22,752,755▲ $1,287,892
Total Net Assets Fund Balance$58,542,762$61,679,130▲ $3,136,368
Total Liabilities and Net Assets / Fund Balance$58,542,762$61,679,130▲ $3,136,368

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$26,937,042--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$8,671,737---$8,671,737
2023$8,671,737---$8,671,737
2022$8,671,737---$8,671,737
2021$8,671,737---$8,671,737
2020$8,671,737---$8,671,737
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barry BeardPresident
Laurance ArmourVice President
Jess StuartMember
Ken TisdelMember
Rob LagesseMember
Tom CraytonSecretary
Joe FreudenbergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,553,339
Other Revenue
$0
Change in Net Assets
$2,486,822

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,553,339
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$649,546
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$3,202,885
Total Revenue per Form 990
$2,553,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,517
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
Other Expenses-$66,517-$66,517
Total Functional Expenses$0$66,517$0$66,517

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$66,517
Total Expenses per Audited Statements$66,517
Total Expenses per Form 990$66,517
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$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
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

Process to review the 990 the form 990 is prepared by an independent accounting firm and reviewed by the controller and ceo before signing.

Form 990, Part VI, Line 12C Conflict of interest policy

Organizational policies the foundation follows the conflict of interest policy, whistleblower policy and document retention policy of a related organization, oakbend medical center. The organization requires the completion of an annual statement and questionnaire to reveal any possible conflicts of interest by directors. Any conflicts of interest are resolved as they arise throughout the year.

Form 990, Part VI, Line 19 Required documents available to the public

Organization's documents made available to the public the organization's governing documents, financial statements and the conflict of interest policy are made available to the public upon request.

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

Compensation of top management or other employees compensation for the medical center ceo is determined by a compensation committee comprised of directors of the oakbend medical center. Outside consultants advise the committee on compensation information.

Filing and Contact Details

Filer

Filer Name
Polly Ryon Memorial Hospital Foundation
EIN
76-0319398
Phone
2813413000
Address
1705 Jackson St, Richmond, TX 77469

Signing Officer

Name
Joseph Freudenberger
Title
Treasurer
Phone
2813413000
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Forvis Mazars LLP
Address
2700 Post Oak Blvd Ste 1500, Houston, TX 77056
Preparer
Amanda Maya
Phone
7134994600
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

Intended uses of endowment funds endowed funds are to be used exclusively and solely to or for the benefit or directly in aid of oakbend medical center.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements.

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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0POLLY RYON MEMORIAL HOSPITAL FOUNDATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES. THE FOUNDATION IS ADMINISTERED SOLELY FOR THE BENEFIT OF OAKBEND MEDICAL CENTER.
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IRS990/OtherExpensesGrp/Desc10
IRS990/OtherExpensesGrp/Desc20
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Joseph Freudenberger
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Oakbend Medical Center
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08671737
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt08671737
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08671737
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt08671737
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt126937042
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Polly Ryon Hospital Authority Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due to Oakbend Medical Center
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INTENDED USES OF ENDOWMENT FUNDS ENDOWED FUNDS ARE TO BE USED EXCLUSIVELY AND SOLELY TO OR FOR THE BENEFIT OR DIRECTLY IN AID OF OAKBEND MEDICAL CENTER.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part X, Line 2
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IRS990ScheduleD/TotalExpensesPerForm990Amt066517
IRS990ScheduleD/TotalRevenuePerForm990Amt02553339
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt020583
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOE FREUDENBERGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0723017
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0METHOD USED BY OAKBEND MEDICAL CENTER TO ESTABLISH COMPENSATION OF THE PRESIDENT: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE COMPENSATION SURVEY OR STUDY
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, Line 3
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROCESS TO REVIEW THE 990 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CONTROLLER AND CEO BEFORE SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATIONAL POLICIES THE FOUNDATION FOLLOWS THE CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY AND DOCUMENT RETENTION POLICY OF A RELATED ORGANIZATION, OAKBEND MEDICAL CENTER. THE ORGANIZATION REQUIRES THE COMPLETION OF AN ANNUAL STATEMENT AND QUESTIONNAIRE TO REVEAL ANY POSSIBLE CONFLICTS OF INTEREST BY DIRECTORS. ANY CONFLICTS OF INTEREST ARE RESOLVED AS THEY ARISE THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'S DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF TOP MANAGEMENT OR OTHER EMPLOYEES COMPENSATION FOR THE MEDICAL CENTER CEO IS DETERMINED BY A COMPENSATION COMMITTEE COMPRISED OF DIRECTORS OF THE OAKBEND MEDICAL CENTER. OUTSIDE CONSULTANTS ADVISE THE COMMITTEE ON COMPENSATION INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MEDICAL CARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01705 JACKSON STREET

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