Civic Intelligence

UMC Foundation Inc

990 • Fiscal year 2025 • EIN 86-1146214

Jul 01, 2024 to Jun 30, 2025 • Filed on Mar 10, 2026

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1800 W Charleston Blvd 504Las Vegas, NV 89102

(702) 383-6292

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.34x

Higher debt load relative to assets than 73% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

1.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

5th percentile

-39%

Faster revenue growth than 5% of similar nonprofits.

2025 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,312,758

Up $586,861 (+12%) from 2024

Net Assets

Up

$3,512,356

Up $390,310 (+13%) from 2024

Liabilities

Up

$1,800,402

Up $196,551 (+12%) from 2024

Revenue

Down

$1,483,894

Down $958,705 (-39%) from 2024

Expenses

Down

$1,093,584

Down $1,993,951 (-65%) from 2024

Net Income

Up

$390,310

Up $1,035,246 (+161%) from 2024

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $2,276,053Liabilities 2013: $1,112,089Net Assets 2013: $1,163,9642013Assets 2014: $1,580,683Liabilities 2014: $1,022,668Net Assets 2014: $558,0152014Assets 2015: $1,797,199Liabilities 2015: $1,022,668Net Assets 2015: $774,5312015Assets 2016: $1,500,863Liabilities 2016: $1,137,648Net Assets 2016: $363,2152016Assets 2017: $1,451,953Liabilities 2017: $1,400,475Net Assets 2017: $51,4782017Assets 2018: $2,914,354Liabilities 2018: $1,904,662Net Assets 2018: $1,009,6922018Assets 2019: $2,488,034Liabilities 2019: $1,792,186Net Assets 2019: $695,8482019Assets 2020: $2,416,395Liabilities 2020: $1,713,968Net Assets 2020: $702,4272020Assets 2021: $2,182,492Liabilities 2021: $1,009,861Net Assets 2021: $1,172,6312021Assets 2022: $5,202,179Liabilities 2022: $1,776,872Net Assets 2022: $3,425,3072022Assets 2023: $5,247,829Liabilities 2023: $1,480,847Net Assets 2023: $3,766,9822023Assets 2024: $4,725,897Liabilities 2024: $1,603,851Net Assets 2024: $3,122,0462024Assets 2025: $5,312,758Liabilities 2025: $1,800,402Net Assets 2025: $3,512,3562025

Highlighted filing

2025

Assets$5,312,758
Liabilities$1,800,402
Net Assets$3,512,356

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $355,880Expenses 2013: $258,252Net Income 2013: $97,6282013Revenue 2014: $246,461Expenses 2014: $816,391Net Income 2014: -$569,9302014Revenue 2015: $253,250Expenses 2015: $36,734Net Income 2015: $216,5162015Revenue 2016: $122,743Expenses 2016: $290,474Net Income 2016: -$167,7312016Revenue 2017: $270,973Expenses 2017: $382,710Net Income 2017: -$111,7372017Revenue 2018: $1,643,823Expenses 2018: $685,609Net Income 2018: $958,2142018Revenue 2019: $516,259Expenses 2019: $830,103Net Income 2019: -$313,8442019Revenue 2020: $331,925Expenses 2020: $325,346Net Income 2020: $6,5792020Revenue 2021: $888,741Expenses 2021: $418,537Net Income 2021: $470,2042021Revenue 2022: $2,917,639Expenses 2022: $664,963Net Income 2022: $2,252,6762022Revenue 2023: $1,997,183Expenses 2023: $1,655,508Net Income 2023: $341,6752023Revenue 2024: $2,442,599Expenses 2024: $3,087,535Net Income 2024: -$644,9362024Revenue 2025: $1,483,894Expenses 2025: $1,093,584Net Income 2025: $390,3102025

Highlighted filing

2025

Revenue$1,483,894
Expenses$1,093,584
Net Income$390,310
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 10, 2026
Return Version
2024v5.5
Gross Receipts
$1,483,894
Mission and Program Overview

Mission

The umc foundation is to serve as an innovative, flexible, and efficient vehicle to facilitate the solicitation and management of gifts, grants, bequests, and devices for the benefit of university medical center of southern nevada. Umc foundation strives to provide support for initiatives that expand and enhance patient care services and community health education beyond the level possible through public support alone.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,725,897$5,312,758▲ $586,861
Total Assets$4,725,897$5,312,758▲ $586,861
Liabilities
Deferred Revenue$1,293,250$1,117,976▼ $175,274
Accounts Payable and Accrued Expenses$310,601$682,426▲ $371,825
Total Liabilities$1,603,851$1,800,402▲ $196,551
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,122,046$3,512,356▲ $390,310
Total Net Assets Fund Balance$3,122,046$3,512,356▲ $390,310
Total Liabilities and Net Assets / Fund Balance$4,725,897$5,312,758▲ $586,861
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harry C HagertyPresident & Treasurer
Michael ForcheDirector
Deana Young MdSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,483,383
Program Service Revenue
$0
Investment Income
$511
Other Revenue
$0
All Other Contributions
$1,483,383
Change in Net Assets
$390,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,483,894
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,483,894
Total Revenue per Form 990
$1,483,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,043,584
Total Fundraising Expense$53,592
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$123,278$61,363-$184,641
Grants to Domestic Orgs$50,000--$50,000
Advertising$39,405--$39,405
Travel$7,247--$7,247
Insurance-$2,902-$2,902
Other Expenses$335$600$44,592$935
Total Functional Expenses$966,935$73,057$53,592$1,093,584

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,093,584
Total Expenses per Audited Statements$1,093,584
Total Expenses per Form 990$1,093,584
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University Medical CenterLas Vegas, NV-To Fund Various Projects$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
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
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 governing body is provided copies of the foundation's annual form 990 to review.

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

Board reviews conflict of interest policy annually and confirms statement.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Umc Foundation Inc
EIN
86-1146214
Phone
7023836292
Address
1800 W CHARLESTON BLVD 504, LAS VEGAS, NV 89102

Signing Officer

Name
Harry C Hagerty
Title
President & Treasurer
Phone
7023836292
Signed
2026-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry C Hagerty
Formed
2005
Legal Domicile
Nv
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
60

Preparer

Firm
Patel CPA and Consultants LLC
Address
7975 W BADURA AVE STE 1000, LAS VEGAS, NV 89113
Preparer
Aladene Lovelace
Phone
7028526720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 123,278. Management and general expenses 61,363. Fundraising expenses 0. Total expenses 184,641.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code (irc). In addition, the foundation qualifies for the charitable contribution deduction under section 170 of the irc. There are no known circumstances that would place the foundation's status as a tax exempt organization in jeopardy, and because the foundation does not engage in unrelated business income activities, no provision has been made for uncertain tax positions taken or to be taken. The foundation's tax returns for 2021 through 2024 remain open for possible examination by the internal revenue service.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE IRC. THERE ARE NO KNOWN CIRCUMSTANCES THAT WOULD PLACE THE FOUNDATION'S STATUS AS A TAX EXEMPT ORGANIZATION IN JEOPARDY, AND BECAUSE THE FOUNDATION DOES NOT ENGAGE IN UNRELATED BUSINESS INCOME ACTIVITIES, NO PROVISION HAS BEEN MADE FOR UNCERTAIN TAX POSITIONS TAKEN OR TO BE TAKEN. THE FOUNDATION'S TAX RETURNS FOR 2021 THROUGH 2024 REMAIN OPEN FOR POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FUND VARIOUS PROJECTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY MEDICAL CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0886000436
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01800 W CHARLESTON BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAS VEGAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NV
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd089102
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IN AN EFFORT TO STREAMLINE THE FINANCIAL PROCESS WHILE KEEPING THE SEPARATION AND INTEGRITY OF BOTH THE UNIVERSITY MEDICAL CENTER (UMC) AND THE UMC FOUNDATION, THE FOLLOWING PROCEDURES AND PROTOCOLS HAVE BEEN ESTABLISHED TO HANDLE FINANCIAL TRACKING. THE UMC FOUNDATION LIASIAON WILL WORK WITH THE UMC FOUNDATION ACCOUNTANT TO ENSURE ALL DONATIONS ARE RECORDED AND IN THE CORRECT CLASSIFICATION. ALL CHECKS RECEIVED BY UMC ON BEHALF OF THE UMC FOUNDATION, WILL BE KEPT IN A SECURE AREA UNTIL RECEIVED BY THE UMC FOUNDATION AND DEPOSITED IN THE FOUNDATION OPERATING ACCOUNT. A DONATION LOG IS KEPT BY THE UMC FOUNDATION LIAISON AND UMC ACCOUNTANT. EACH DONATION OR GRANT WILL HAVE THE FOLLOWING INFORMATION, 1. THE NAME AND ADDRESS OF THE GRANTOR/DONOR; 2. A DESCRIPTION OF THE GRANT/DONATION; 3. THE AMOUNT OF THE GRANT/DONATION 4. THE DATE OF THE GRANT/DONATION; 5. THE SPECIFIC PURPOSE OR FUND DESIGNATED, IF ANY. APPROPRIATE DOCUMENTATION OF DONATIONS (I.E., RECEIPT FOR CASH, COPY OF CHECK, MERCHANT COPY OF CREDIT CARD, ETC.) DISBURSEMENTS ALL DISBURSEMENTS REMAIN IN THE CONTROL OF THE FOUNDATION. NO MEMBER OF UMC FINANCE DIVISION OR FISCAL SERVICES WILL HAVE DISBURSEMENT OR CHECK SIGNING AUTHORITY. REQUESTS TO UTILIZE THE FOUNDATION FUNDS MUST COMPLETE A "PRE-APPROVAL REQUEST". ONCE THE REQUEST IS GRANTED, THE REQUESTEE FROM UMC MAY PROCEED WITH THE PURCHASE. AT THE END OF EVERY MONTH, A MEMBER FROM THE UMC FISCAL DEPARTMENT WILL GENERATE AN INVOICE AND REPORT OF EXPENSES AND SEND A REQUEST TO THE UMC FOUNDATION LIASION TO REVIEW AND SUBMIT A "CHECK REQUEST" TO THE UMC FOUNDATION FOR REVIEW. ALL CHECK REQUESTS WILL HAVE THE SUPPORTING DOCUMENTS AND INVOICES FOR EACH LINE ITEM. ONCE APPROVED, THE UMC FOUNDATION WILL PROCESS A REIMBURSEMENT CHECK TO THE UMC FISCAL DEPARTMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY IS PROVIDED COPIES OF THE FOUNDATION'S ANNUAL FORM 990 TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS CONFLICT OF INTEREST POLICY ANNUALLY AND CONFIRMS STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 123,278. MANAGEMENT AND GENERAL EXPENSES 61,363. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 184,641.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt05312758
IRS990/TotalAssetsGrp/BOYAmt04725897
IRS990/TotalAssetsGrp/EOYAmt05312758
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01483383
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt053592
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt073057
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0966935
IRS990/TotalFunctionalExpensesGrp/TotalAmt01093584
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01603851
IRS990/TotalLiabilitiesEOYAmt01800402
IRS990/TotalLiabilitiesGrp/BOYAmt01603851
IRS990/TotalLiabilitiesGrp/EOYAmt01800402
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03122046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03512356
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0966935
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0511
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01483894
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04725897
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05312758
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07247
IRS990/TravelGrp/TotalAmt07247
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01800 W CHARLESTON BLVD STE 504
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089102
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.UMCFOUNDATIONLV.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY C HAGERTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07023836292
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UMC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0UMCF
ReturnHeader/Filer/EIN0861146214
ReturnHeader/Filer/PhoneNum07023836292
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 W CHARLESTON BLVD 504
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV
ReturnHeader/Filer/USAddress/ZIPCd089102
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0923720294
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATEL CPA AND CONSULTANTS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07975 W BADURA AVE STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089113
ReturnHeader/PreparerPersonGrp/PhoneNum07028526720
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALADENE LOVELACE
ReturnHeader/ReturnTs02026-03-12T12:09:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.31$1.80$3.51$1.48$1.09$0.39
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.73$1.60$3.12$2.44$3.09$0.64
2023Summary only. Only limited summary data is available for this year.$5.25$1.48$3.77$2.00$1.66$0.34
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.20$1.78$3.43$2.92$0.66$2.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$1.01$1.17$0.89$0.42$0.47
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$1.71$0.70$0.33$0.33$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$1.79$0.70$0.52$0.83$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$1.90$1.01$1.64$0.69$0.96
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$1.40$0.05$0.27$0.38$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.50$1.14$0.36$0.12$0.29$0.17
2015Summary only. Only limited summary data is available for this year.$1.80$1.02$0.77$0.25$0.04$0.22
2014Summary only. Only limited summary data is available for this year.$1.58$1.02$0.56$0.25$0.82$0.57
2013Summary only. Only limited summary data is available for this year.$2.28$1.11$1.16$0.36$0.26$0.10