Civic Intelligence

Smh Foundation

990 • Fiscal year 2023 • EIN 81-1077464

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 03, 2025

1120 Robert BlvdSlidell, LA 70458

(985) 280-8820

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.06x

Higher debt load relative to assets than 62% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.12x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

90th percentile

$113,130

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

59th percentile

7.8%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

35th percentile

-1.6%

Faster revenue growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$885,609

Up $63,935 (+7.8%) from 2022

Net Assets

Up

$834,492

Up $63,935 (+8.3%) from 2022

Liabilities

Flat

$51,117

Flat from 2022

Revenue

Down

$415,642

Down $6,637 (-1.6%) from 2022

Expenses

Up

$369,921

Up $59,653 (+19%) from 2022

Net Income

Down

$45,721

Down $66,290 (-59%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $207,228Liabilities 2016: $0Net Assets 2016: $207,2282016Assets 2017: $397,671Liabilities 2017: $0Net Assets 2017: $397,6712017Assets 2018: $608,767Liabilities 2018: $0Net Assets 2018: $608,7672018Assets 2019: $826,151Liabilities 2019: $0Net Assets 2019: $826,1512019Assets 2020: $1,013,091Liabilities 2020: $75,313Net Assets 2020: $937,7782020Assets 2021: $939,928Liabilities 2021: $281,382Net Assets 2021: $658,5462021Assets 2022: $821,674Liabilities 2022: $51,117Net Assets 2022: $770,5572022Assets 2023: $885,609Liabilities 2023: $51,117Net Assets 2023: $834,4922023Assets 2024: $684,156Liabilities 2024: $0Net Assets 2024: $684,1562024

Highlighted filing

2023

Assets$885,609
Liabilities$51,117
Net Assets$834,492

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $331,080Expenses 2016: $123,852Net Income 2016: $207,2282016Revenue 2017: $374,304Expenses 2017: $183,861Net Income 2017: $190,4432017Revenue 2018: $387,375Expenses 2018: $176,279Net Income 2018: $211,0962018Revenue 2019: $402,437Expenses 2019: $185,053Net Income 2019: $217,3842019Revenue 2020: $486,224Expenses 2020: $374,597Net Income 2020: $111,6272020Revenue 2021: $328,333Expenses 2021: $607,565Net Income 2021: -$279,2322021Revenue 2022: $422,279Expenses 2022: $310,268Net Income 2022: $112,0112022Revenue 2023: $415,642Expenses 2023: $369,921Net Income 2023: $45,7212023Revenue 2024: $374,390Expenses 2024: $591,078Net Income 2024: -$216,6882024

Highlighted filing

2023

Revenue$415,642
Expenses$369,921
Net Income$45,721
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 3, 2025
Return Version
2023v6.0
Gross Receipts
$462,716
Mission and Program Overview

Mission

The smh foundation was created to support the st tammany hospital services district no 2 (slidell memorial hospital) and its efforts to improve the quality of life in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$770,557$834,492▲ $63,935
Savings and Temporary Cash Investments$564,874$632,560▲ $67,686
Investments in Publicly Traded Securities$223,223$244,585▲ $21,362
Cash and Non-Interest-Bearing Accounts$33,577$8,464▼ $25,113
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$821,674$885,609▲ $63,935
Other Assets Total-$0-
Liabilities
Grants Payable$51,117$51,117→ $0
Total Liabilities$51,117$51,117→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$770,557$834,492▲ $63,935
Total Liabilities and Net Assets / Fund Balance$821,674$885,609▲ $63,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laurie L PanzecaExecutive DirectorFT$85,010$28,120$113,130

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$318,366
Program Service Revenue
$0
Investment Income
$19,263
Other Revenue
$78,013
All Other Contributions
$280,035
Change in Net Assets
$45,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$176,367
Salaries, Compensation, and Employee Benefits$159,343
Total Fundraising Expense$52,771
Other Expenses$34,211
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$176,367--$176,367
Current Officers, Directors, Trustees, and Key Employees$42,505$21,252$21,253$85,010
Other Salaries and Wages$18,721$9,361$9,360$37,442
Other Employee Benefits$13,460$6,730$6,730$26,920
Payroll Taxes$4,985$2,493$2,493$9,971
All Other Expenses$5,488$704$2,483$8,675
Other Expenses$1,371$1,692$3,835$3,063
Office Expenses$1,345$673$673$2,691
Fees for Service Investment Mgmnt Fees$1,092$546$546$2,184
Insurance$229$526$278$1,033
Total Functional Expenses$273,062$44,088$52,771$369,921
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Slidell Memorial HospitalSlidell, LA-Capital Projects$176,367
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$115,275
Fundraising Direct Expenses$37,262
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rooftop Rendezvous$79,652$52,932$13,487$39,445
Golf Tournament$56,870$48,833$2,990$45,843
Total Events$150,032$115,275$37,262$78,013
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

The return is reviewed by members of the executive committee and the executive director for accuracy.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
SMH Foundation
EIN
81-1077464
Phone
9852808820
Address
1120 Robert Blvd, Slidell, LA 70458

Signing Officer

Name
Laurie Panzeca
Title
Executive Director
Signed
2025-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Larkin
Formed
2016
Legal Domicile
La
Voting Board Members
13
Independent Board Members
9
Employees
3
Volunteers
18

Preparer

Firm
Moore & Powell Cpas Pa
Address
115 W CANAL ST, PICAYUNE, MS 39466
Preparer
Joel J Bruno Jr CPA
Phone
6017991414
Supplemental Narrative

Additional Explanations

Statement Note 1

Schedule a, part iv, section e, line 1 c:smh foundation was organized to benefit slidell memorial hospital through comprehensive fund development and programs that exclusively support the hospital in its mission to provide the highest quality healthcare service available in eastern st. Tammany parish.

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IRS990/OtherExpensesGrp/FundraisingAmt23835
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0111
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11692
IRS990/OtherExpensesGrp/ProgramServicesAmt04349
IRS990/OtherExpensesGrp/ProgramServicesAmt13150
IRS990/OtherExpensesGrp/ProgramServicesAmt21371
IRS990/OtherExpensesGrp/TotalAmt08005
IRS990/OtherExpensesGrp/TotalAmt14725
IRS990/OtherExpensesGrp/TotalAmt23835
IRS990/OtherExpensesGrp/TotalAmt33063
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09360
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09361
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018721
IRS990/OtherSalariesAndWagesGrp/TotalAmt037442
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02493
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02493
IRS990/PayrollTaxesGrp/ProgramServicesAmt04985
IRS990/PayrollTaxesGrp/TotalAmt09971
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LINDA LARKIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0361509
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0111486
IRS990/PYInvestmentIncomeAmt0-25312
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt031918
IRS990/PYOtherRevenueAmt086082
IRS990/PYRevenuesLessExpensesAmt0112011
IRS990/PYSalariesCompEmpBnftPaidAmt0166864
IRS990/PYTotalExpensesAmt0310268
IRS990/PYTotalRevenueAmt0422279
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt045721
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0770557
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0834492
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0564874
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0632560
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ENTITY, SLIDELL MEMORIAL HOSPITAL IS OWNED AND OPERATED BY ST TAMMANY PARISH HOSPITAL SERVICE DISTRICT NO 2 WHICH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 115 OF THE INTERNAL REVENUE CODE AS A GOVERNMENTAL ENTITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THROUGH A PROCESS DEVELOPED IN CONJUNCTION WITH THE SMH FOUNDATION BOARD OF TRUSTEES AND GRANT COMMITTEE, THE SMH FOUNDATION RECEIVES SPECIFIC GRANT REQUESTS FROM THE DEPARTMENT DIRECTORS. THE REQUESTS ARE VETTED BY THE PRESIDENT/EXECUTIVE DIRECTOR OF THE FOUNDATION BASED ON SPECIFIC NEEDS. THE FOUNDATION GRANT COMMITTEE REVIEWS THE GRANT REQUESTS AND MAKES RECOMENDATIONS THAT ARE TAKEN TO THE GENERAL BOARD OF TRUSTEES FOR APPROVAL. ONCE THE GRANTS ARE APPROVED, THE MONIES ARE DISBURSED DIRECTLY TO THE SUPPORTED ORGANIZATION. IN ADDITION, THE FOUNDATION AND THE HOSPITAL ENTERED INTO A COOPERATIVE ENDEAVOR AGREEMENT TO ASSIST THE FOUNDATION IN ACHIEVING ITS PURPOSE OF BENEFITTING THE HOSPITAL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0726014895
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0176367
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SLIDELL MEMORIAL HOSPITAL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0176367
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/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt034757
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt026720
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt08037
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037262
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ROOFTOP RENDEZVOUS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt079652
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt056870
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt013510
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0150032
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052932
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt048833
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013510
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0115275
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt078013
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07465
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023942
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013487
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02990
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05820
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05820
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X

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