Civic Intelligence

Kelsey Research Foundation

990 • Fiscal year 2021 • EIN 76-0637670

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 01, 2022

Organization ProfileWWW.KELSEYRESEARCH.COM
5615 Kirby Drive 660Houston, TX 77005

(713) 442-1214

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.09x

Higher debt load relative to revenue than 29% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

50th percentile

12%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$176,002

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

35th percentile

4.4%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

57th percentile

17%

Faster revenue growth than 57% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$10,072,702

Up $427,066 (+4.4%) from 2020

Net Assets

Up

$9,842,178

Up $553,279 (+6.0%) from 2020

Liabilities

Down

$230,524

Down $126,213 (-35%) from 2020

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin50th percentile

Revenue

Up

$2,621,345

Up $385,682 (+17%) from 2020

Expenses

Down

$2,295,369

Down $428,864 (-16%) from 2020

Net Income

Up

$325,976

Up $814,546 (+167%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$15M$10M$5.0M$0Assets 2010: $4,049,815Liabilities 2010: $196,518Net Assets 2010: $3,853,2972010Assets 2011: $3,903,821Liabilities 2011: $212,706Net Assets 2011: $3,691,1152011Assets 2012: $3,992,357Liabilities 2012: $247,391Net Assets 2012: $3,744,9662012Assets 2013: $9,160,372Liabilities 2013: $223,628Net Assets 2013: $8,936,7442013Assets 2014: $8,978,408Liabilities 2014: $231,652Net Assets 2014: $8,746,7562014Assets 2015: $8,441,747Liabilities 2015: $137,664Net Assets 2015: $8,304,0832015Assets 2016: $8,859,557Liabilities 2016: $138,354Net Assets 2016: $8,721,2032016Assets 2017: $9,244,861Liabilities 2017: $195,220Net Assets 2017: $9,049,6412017Assets 2018: $9,108,729Liabilities 2018: $183,470Net Assets 2018: $8,925,2592018Assets 2019: $9,666,062Liabilities 2019: $178,687Net Assets 2019: $9,487,3752019Assets 2020: $9,645,636Liabilities 2020: $356,737Net Assets 2020: $9,288,8992020Assets 2021: $10,072,702Liabilities 2021: $230,524Net Assets 2021: $9,842,1782021Assets 2022: $9,706,530Liabilities 2022: $617,386Net Assets 2022: $9,089,1442022Assets 2023: $10,456,386Liabilities 2023: $571,300Net Assets 2023: $9,885,0862023Assets 2024: $10,484,334Liabilities 2024: $707,297Net Assets 2024: $9,777,0372024

Highlighted filing

2021

Assets$10,072,702
Liabilities$230,524
Net Assets$9,842,178
Open 2021 Filing

Operations Trend

Revenue Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $2,346,709Expenses 2010: $2,256,225Net Income 2010: $90,4842010Revenue 2011: $2,139,624Expenses 2011: $2,234,490Net Income 2011: -$94,8662011Revenue 2012: $1,814,833Expenses 2012: $1,896,265Net Income 2012: -$81,4322012Revenue 2013: $6,610,044Expenses 2013: $1,780,876Net Income 2013: $4,829,1682013Revenue 2014: $1,713,053Expenses 2014: $1,942,971Net Income 2014: -$229,9182014Revenue 2015: $1,627,823Expenses 2015: $1,945,690Net Income 2015: -$317,8672015Revenue 2016: $1,947,154Expenses 2016: $1,752,904Net Income 2016: $194,2502016Revenue 2017: $1,147,309Expenses 2017: $1,984,553Net Income 2017: -$837,2442017Revenue 2018: $1,985,076Expenses 2018: $1,833,724Net Income 2018: $151,3522018Revenue 2019: $1,864,381Expenses 2019: $1,936,193Net Income 2019: -$71,8122019Revenue 2020: $2,235,663Expenses 2020: $2,724,233Net Income 2020: -$488,5702020Revenue 2021: $2,621,345Expenses 2021: $2,295,369Net Income 2021: $325,9762021Revenue 2022: $2,811,248Expenses 2022: $2,419,840Net Income 2022: $391,4082022Revenue 2023: $3,647,155Expenses 2023: $2,791,490Net Income 2023: $855,6652023Revenue 2024: $3,591,902Expenses 2024: $3,723,915Net Income 2024: -$132,0132024

Highlighted filing

2021

Revenue$2,621,345
Expenses$2,295,369
Net Income$325,976
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 1, 2022
Return Version
2021v4.0
Gross Receipts
$5,490,570
Mission and Program Overview

Mission

Kelsey research foundation was founded in 1956 for the purpose of encouraging and assisting research and education programs in the field of medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,438,386$8,806,022▲ $367,636
Cash and Non-Interest-Bearing Accounts$954,517$690,107▼ $264,410
Accounts Receivable$205,426$497,256▲ $291,830
Prepaid Expenses and Deferred Charges$10,863$50,711▲ $39,848
Land, Buildings, and Equipment, Net$26,631$17,244▼ $9,387
Other Notes and Loans Receivable, Net$1,533--
Total Assets$9,645,636$10,072,702▲ $427,066
Other Assets Total$8,280$11,362▲ $3,082
Liabilities
Unsecured Notes Loans Payable$161,123--
Accounts Payable and Accrued Expenses$118,188$125,753▲ $7,565
Other Liabilities$77,426$83,358▲ $5,932
Deferred Revenue-$21,413-
Total Liabilities$356,737$230,524▼ $126,213
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,415,754$8,113,392▲ $697,638
Net Assets With Donor Restrictions$1,873,145$1,728,786▼ $144,359
Total Net Assets Fund Balance$9,288,899$9,842,178▲ $553,279
Total Liabilities and Net Assets / Fund Balance$9,645,636$10,072,702▲ $427,066

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$944$71,585$72,529
Equipment$16,300$55,846$72,146
Leasehold Improvements-$4,872$4,872

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$8,438,386-▲ $660,177$253,499$8,806,022
2020$8,107,210-▲ $604,262$232,301$8,438,386
2019$7,424,865-▲ $953,298$241,244$8,107,210
2018$4,759,633$2,935,199▼ $249,568-$7,424,865
2017$4,028,360-▲ $751,395-$4,759,633
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ashley Alexander MhsaPresident anFT$176,002$176,002
Ashley Alexander MhsaPresident and CEO-$176,002$176,002
Tara McneillDirector ofFT$128,402$128,402
Herbert L Dupont MdChief ScientPT$116,816$116,816

Board Members and Trustees

NameTitle
Vicki SmithChair, Finan
Richard CarrellChair, Legal
John Wilson KelseyChairman
Robert Wier KelseyVice Chairma
Michael E Newmark MdMedical Dire
Amanda J Mount RnbsnjdMember
David E Mouton MdMember
Edward C Lynch MdMember
George D Ferry MdMember
James C Hoyle MdMember
James Kemper MdMember
John N LyleMember
Jonathan C Nelson MdMember
Nancy E Webb MdMember
Ned Snyder MdMember
P Kay Champion MdMember
Patrick M Carter MdMember
Ron MillardMember
Shelly MulanaxMember
Spencer Berthelsen MdMember
Tony Lin MdMember
Victor Simms MdMember
Revenue and Support

Revenue Composition

Contributions and Grants
$1,050,031
Program Service Revenue
$847,252
Investment Income
$440,152
Other Revenue
$283,910
All Other Contributions
$1,050,031
Change in Net Assets
$325,976

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,621,345
Revenue Not Reported on Form 990
$384,593
Total Revenue per Audited Statements
$3,005,938
Total Revenue per Form 990
$2,621,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,636,481
Other Expenses$606,536
Total Fundraising Expense$126,755
Grants and Similar Amounts Paid$52,352
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$860,789$126,203$82,658$1,069,650
Current Officers, Directors, Trustees, and Key Employees$252,338$31,680$8,800$292,818
Fees for Services Other$140,139$71,895$10,609$222,643
Other Employee Benefits$150,194$22,288$12,630$185,112
Payroll Taxes$72,063$10,705$6,133$88,901
Office Expenses$34,525$8,165$4,206$46,896
Grants to Domestic Individuals$30,352--$30,352
All Other Expenses$17,465$7,356$1,046$25,867
Advertising-$24,976-$24,976
Grants to Domestic Orgs$22,000--$22,000
Travel$20,177--$20,177
Depreciation Depletion$8,781$326$180$9,287
Insurance-$7,502-$7,502
Other Expenses$5,194$45,646$493$5,194
Interest-$1,090-$1,090
Total Functional Expenses$1,674,558$494,056$126,755$2,295,369

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,452,659
Expenses per Audited Statements$2,295,369
Total Expenses per Form 990$2,295,369
Expenses Not Reported on Form 990$157,290
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Collaborative Action for Sars Cov2Sugar Land, TX501c3Medical Supplies$22,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$425,124
Fundraising Direct Expenses$157,290
Gaming Gross Income$16,076
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$425,124$425,124$157,290$267,834
Total Events$425,124$425,124$157,290$267,834
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation and Other$83,358
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

“Two board members related to founder”

Form 990, Page 6, Part VI, Line 11B

“The ceo performs a review of the 990 with input from the finance committee. It is reviewed and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Organization monitors conflicts of interest through periodic reviews and annual disclosure of potential conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Kelsey research foundation engaged the services of a disinterested third party to review the job descriptions and compensation for the top officer positions of the organization. The project was overseen by the krf compensation committee with a final report reviewed by the executive committee and board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The executive director consults with the human resources department at kelsey-seybold clinic to review and approve compensation for all foundation staff.”

Form 990, Page 6, Part VI, Line 18

“Additional information may be obtained at: www.guidestar.org.”

Form 990, Page 6, Part VI, Line 19

“Upon request, kelsey research foundation will provide copies of governing documents, policies, and financial statements to the public.”

Filing and Contact Details

Filer

Filer Name
Kelsey Research Foundation
EIN
76-0637670
Phone
7134421214
Address
5615 KIRBY DRIVE 660, HOUSTON, TX 77005

Signing Officer

Name
Ashley Alexander Mhsa
Title
President and CEO
Phone
7134421222
Signed
2022-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Alexander Mhsa
Formed
1956
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
21
Employees
0
Volunteers
1

Preparer

Firm
Gomez & Company
Address
5177 RICHMOND AVE STE 1100, HOUSTON, TX 77056-6748
Preparer
Benjamin P Gomez
Phone
7136665900
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Finance committee volunteer”

Form 990, Page 2, Part III, Line 4D

“Covid-related direct assistance for first responders and employees of kelsey seybold clinic”

Form 990, Part XI, Line 9

“Direct fundraising expenses 157,290 direct fundraising expenses -157,290”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Direct fundraising expenses 157,290”

Schedule D, Page 4, Part XII, Line 2D

“Direct fundraising expenses 157,290”

Raw XML AppendixShowing 400 of 688 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0118188
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0125753
IRS990/AccountsReceivableGrp/BOYAmt0205426
IRS990/AccountsReceivableGrp/EOYAmt0497256
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0KELSEY RESEARCH FOUNDATION WAS FOUNDED IN 1956 FOR THE PURPOSE OF ENCOURAGING AND ASSISTING RESEARCH AND EDUCATION PROGRAMS IN THE FIELD OF MEDICINE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt024976
IRS990/AdvertisingGrp/TotalAmt024976
IRS990/AllOtherContributionsAmt01050031
IRS990/AllOtherExpensesGrp/FundraisingAmt01046
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07356
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017465
IRS990/AllOtherExpensesGrp/TotalAmt025867
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ASHLEY ALEXANDER MHSA
IRS990/BooksInCareOfDetail/PhoneNum07134421214
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05615 KIRBY DR STE 660
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077005
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0954517
IRS990/CashNonInterestBearingGrp/EOYAmt0690107
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt08800
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt031680
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0252338
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0292818
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01050031
IRS990/CYGrantsAndSimilarPaidAmt052352
IRS990/CYInvestmentIncomeAmt0440152
IRS990/CYOtherExpensesAmt0606536
IRS990/CYOtherRevenueAmt0283910
IRS990/CYProgramServiceRevenueAmt0847252
IRS990/CYRevenuesLessExpensesAmt0325976
IRS990/CYSalariesCompEmpBnftPaidAmt01636481
IRS990/CYTotalExpensesAmt02295369
IRS990/CYTotalFundraisingExpenseAmt0126755
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02621345
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt021413
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0180
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0326
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08781
IRS990/DepreciationDepletionGrp/TotalAmt09287
IRS990/Desc0GENERAL RESEARCH AND EDUCATION IN THE FIELD OF MEDICINE
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01873145
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01728786
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01079055
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/FundraisingAmt010609
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt071895
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0140139
IRS990/FeesForServicesOtherGrp/TotalAmt0222643
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.25
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/PersonNm0ASHLEY ALEXANDER MHSA
IRS990/Form990PartVIISectionAGrp/PersonNm1HERBERT L DUPONT MD
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL E NEWMARK MD
IRS990/Form990PartVIISectionAGrp/PersonNm3TARA MCNEILL
IRS990/Form990PartVIISectionAGrp/PersonNm4SPENCER BERTHELSEN MD
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD CARRELL
IRS990/Form990PartVIISectionAGrp/PersonNm6PATRICK M CARTER MD
IRS990/Form990PartVIISectionAGrp/PersonNm7P KAY CHAMPION MD
IRS990/Form990PartVIISectionAGrp/PersonNm8GEORGE D FERRY MD
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES C HOYLE MD
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN WILSON KELSEY
IRS990/Form990PartVIISectionAGrp/PersonNm11ROBERT WIER KELSEY
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES KEMPER MD
IRS990/Form990PartVIISectionAGrp/PersonNm13TONY LIN MD
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN N LYLE
IRS990/Form990PartVIISectionAGrp/PersonNm15EDWARD C LYNCH MD
IRS990/Form990PartVIISectionAGrp/PersonNm16RON MILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm17AMANDA J MOUNT RNBSNJD
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVID E MOUTON MD
IRS990/Form990PartVIISectionAGrp/PersonNm19SHELLY MULANAX
IRS990/Form990PartVIISectionAGrp/PersonNm20JONATHAN C NELSON MD
IRS990/Form990PartVIISectionAGrp/PersonNm21VICTOR SIMMS MD
IRS990/Form990PartVIISectionAGrp/PersonNm22VICKI SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm23NED SNYDER MD
IRS990/Form990PartVIISectionAGrp/PersonNm24NANCY E WEBB MD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0176002
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1116816
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3128402
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT AN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF SCIENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEDICAL DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR OF
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR, LEGAL
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHAIR, FINAN
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt0157290
IRS990/FundraisingGrossIncomeAmt0425124
IRS990/GainOrLossGrp/SecuritiesAmt0244587
IRS990/GamingActivitiesInd0true
IRS990/GamingGrossIncomeAmt016076
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt030352
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt030352
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt022000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt022000
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02956522
IRS990/GrossReceiptsAmt05490570
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07502
IRS990/InsuranceGrp/TotalAmt07502
IRS990/InterestGrp/ManagementAndGeneralAmt01090
IRS990/InterestGrp/TotalAmt01090
IRS990/InvestmentIncomeGrp/ExclusionAmt0195565
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0195565
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt08438386
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08806022
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0132303
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026631
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017244
IRS990/LandBldgEquipCostOrOtherBssAmt0149547
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02711935
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0KELSEY RESEARCH FOUNDATION WAS FOUNDED IN 1956 FOR THE PURPOSE OF ENCOURAGING AND ASSISTING RESEARCH AND EDUCATION PROGRAMS IN THE FIELD OF MEDICINE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09288899
IRS990/NetAssetsOrFundBalancesEOYAmt09842178
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0244587
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0244587
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0267834
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0267834
IRS990/NetIncomeFromGamingGrp/ExclusionAmt016076
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt016076
IRS990/NetUnrlzdGainsLossesInvstAmt0227303
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07415754
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08113392
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt04206
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08165
IRS990/OfficeExpensesGrp/ProgramServicesAmt034525
IRS990/OfficeExpensesGrp/TotalAmt046896
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08280
IRS990/OtherAssetsTotalGrp/EOYAmt011362
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012630
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022288
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0150194
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0185112
IRS990/OtherExpensesGrp/Desc0RENT AND STORAGE
IRS990/OtherExpensesGrp/Desc1OUTSIDE MEDICAL SERVICE
IRS990/OtherExpensesGrp/Desc2BANK FEE
IRS990/OtherExpensesGrp/Desc3MILEAGE REIMBURSEMENT
IRS990/OtherExpensesGrp/FundraisingAmt0493
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0136224
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt145646
IRS990/OtherExpensesGrp/ProgramServicesAmt025
IRS990/OtherExpensesGrp/ProgramServicesAmt159366
IRS990/OtherExpensesGrp/ProgramServicesAmt21150
IRS990/OtherExpensesGrp/ProgramServicesAmt35194
IRS990/OtherExpensesGrp/TotalAmt0136249
IRS990/OtherExpensesGrp/TotalAmt159366
IRS990/OtherExpensesGrp/TotalAmt247289
IRS990/OtherExpensesGrp/TotalAmt35194
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt077426
IRS990/OtherLiabilitiesGrp/EOYAmt083358
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt082658
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126203
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0860789
IRS990/OtherSalariesAndWagesGrp/TotalAmt01069650
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01533
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06133
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010705
IRS990/PayrollTaxesGrp/ProgramServicesAmt072063
IRS990/PayrollTaxesGrp/TotalAmt088901
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010863
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt050711
IRS990/PrincipalOfficerNm0ASHLEY ALEXANDER MHSA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0847252
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0847252
IRS990/ProgSrvcAccomActy2Grp/Desc0PHARMACEUTICAL SPONSORED STUDIES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0329856
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0197923
IRS990/ProgSrvcAccomActy3Grp/Desc0CRUMP CANCER CENTER BREAST-CANCER SCREENING, RESEARCH AND EDUCATION
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0210035
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COVID-RELATED DIRECT ASSISTANCE FOR FIRST RESPONDERS AND EMPLOYEES OF KELSEY SEYBOLD CLINIC
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt055612
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt052352
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01982
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01018156
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0319909
IRS990/PYInvestmentIncomeAmt0314932
IRS990/PYOtherExpensesAmt0730343
IRS990/PYOtherRevenueAmt0248245
IRS990/PYProgramServiceRevenueAmt0654330
IRS990/PYRevenuesLessExpensesAmt0-488570

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,072,702
Liabilities
$230,524
Net assets
$9,842,178
Revenue
$2,621,345
Expenses
$2,295,369
Net income
$325,976
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$0.71$9.78$3.59$3.72$0.13
2023Detailed filing. Detailed filing data is available for this year.$10.5$0.57$9.89$3.65$2.79$0.86
2022Detailed filing. Detailed filing data is available for this year.$9.71$0.62$9.09$2.81$2.42$0.39
2021Detailed filing. Detailed filing data is available for this year.$10.1$0.23$9.84$2.62$2.30$0.33
2020Detailed filing. Detailed filing data is available for this year.$9.65$0.36$9.29$2.24$2.72$0.49
2019Detailed filing. Detailed filing data is available for this year.$9.67$0.18$9.49$1.86$1.94$0.07
2018Detailed filing. Detailed filing data is available for this year.$9.11$0.18$8.93$1.99$1.83$0.15
2017Detailed filing. Detailed filing data is available for this year.$9.24$0.20$9.05$1.15$1.98$0.84
2016Detailed filing. Detailed filing data is available for this year.$8.86$0.14$8.72$1.95$1.75$0.19
2015Detailed filing. Detailed filing data is available for this year.$8.44$0.14$8.30$1.63$1.95$0.32
2014Detailed filing. Detailed filing data is available for this year.$8.98$0.23$8.75$1.71$1.94$0.23
2013Detailed filing. Detailed filing data is available for this year.$9.16$0.22$8.94$6.61$1.78$4.83
2012Summary only. Only limited summary data is available for this year.$3.99$0.25$3.74$1.81$1.90$0.08
2011Summary only. Only limited summary data is available for this year.$3.90$0.21$3.69$2.14$2.23$0.09
2010Summary only. Only limited summary data is available for this year.$4.05$0.20$3.85$2.35$2.26$0.09