Civic Intelligence

Orcas Medical Foundation

990 • Fiscal year 2014 • EIN 91-6037582

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 13, 2015

PO Box 515Eastsound, WA 98245

(360) 376-6165

Siviq Scores

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

Liabilities / Assets

69th percentile

0.20x

Higher debt load relative to assets than 69% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.64x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

51st percentile

3.4%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

57th percentile

4.6%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

31st percentile

-4.2%

Faster revenue growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$753,598

Up $33,332 (+4.6%) from 2013

Net Assets

Up

$604,622

Up $4,356 (+0.7%) from 2013

Liabilities

Up

$148,976

Up $28,976 (+24%) from 2013

Revenue

Down

$231,121

Down $10,185 (-4.2%) from 2013

Expenses

Down

$223,154

Down $46,262 (-17%) from 2013

Net Income

Up

$7,967

Up $36,077 (+128%) from 2013

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 2011: $678,556Liabilities 2011: $117,081Net Assets 2011: $561,4752011Assets 2012: $784,711Liabilities 2012: $154,170Net Assets 2012: $630,5412012Assets 2013: $720,266Liabilities 2013: $120,000Net Assets 2013: $600,2662013Assets 2014: $753,598Liabilities 2014: $148,976Net Assets 2014: $604,6222014Assets 2015: $707,066Liabilities 2015: $126,871Net Assets 2015: $580,1952015Assets 2016: $1,083,165Liabilities 2016: $2,796Net Assets 2016: $1,080,3692016Assets 2017: $877,096Liabilities 2017: $267,544Net Assets 2017: $609,5522017Assets 2018: $824,707Liabilities 2018: $285,288Net Assets 2018: $539,4192018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2014

Assets$753,598
Liabilities$148,976
Net Assets$604,622

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $515,747Expenses 2011: $745,389Net Income 2011: -$229,6422011Revenue 2012: $386,850Expenses 2012: $317,784Net Income 2012: $69,0662012Revenue 2013: $241,306Expenses 2013: $269,416Net Income 2013: -$28,1102013Revenue 2014: $231,121Expenses 2014: $223,154Net Income 2014: $7,9672014Revenue 2015: $223,259Expenses 2015: $237,213Net Income 2015: -$13,9542015Revenue 2016: $573,469Expenses 2016: $77,690Net Income 2016: $495,7792016Revenue 2017: $464,784Expenses 2017: $749,376Net Income 2017: -$284,5922017Revenue 2018: $21,909Expenses 2018: $91,298Net Income 2018: -$69,3892018Revenue 2019: -$297,111Expenses 2019: $38,446Net Income 2019: -$335,5572019

Highlighted filing

2014

Revenue$231,121
Expenses$223,154
Net Income$7,967
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 13, 2015
Return Version
2014v5.0
Gross Receipts
$231,121
Mission and Program Overview

Mission

Support rural medical care

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$317,335$362,269▲ $44,934
Investments Other Securities$181,809$209,770▲ $27,961
Cash and Non-Interest-Bearing Accounts$138,925$118,965▼ $19,960
Other Notes and Loans Receivable, Net$77,900$62,594▼ $15,306
Prepaid Expenses and Deferred Charges$4,297--
Total Assets$720,266$753,598▲ $33,332
Liabilities
Grants Payable$120,000$120,000→ $0
Accounts Payable and Accrued Expenses-$28,976-
Total Liabilities$120,000$148,976▲ $28,976
Net Assets / Fund Balance
Unrestricted Net Assets$483,335$540,945▲ $57,610
Permanently Rstr Net Assets$49,459$49,459→ $0
Temporarily Rstr Net Assets$67,472$14,218▼ $53,254
Total Net Assets Fund Balance$600,266$604,622▲ $4,356
Total Liabilities and Net Assets / Fund Balance$720,266$753,598▲ $33,332

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$328,069$701,425$1,029,494
Land$34,200-$34,200
Other Securities$209,770--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$75,399-▲ $2,729$25,306$52,437
2013$69,405-▲ $6,743-$75,399
2012$62,250$1,000▲ $8,063-$70,405
2011$64,190$500▼ $975$500$62,250
2010$57,871-▲ $7,204-$64,190
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary RivelandPresident
Catherine HendersonVice President
Art LangeDirector
Bill TudorDirector
Cherry MalusDirector
David SlawsonDirector
Gerry LawlorDirector
Julie GottmanDirector
Laurie LiebmannDirector
Rollie SauerDirector
Susan McbainDirector
Diane JareckiSecretary
Norm ZimlichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$221,457
Program Service Revenue
$0
Investment Income
$9,070
Other Revenue
$594
All Other Contributions
$221,457
Change in Net Assets
$7,967

Audited Revenue Reconciliation

Revenue per Audited Statements
$231,121
Revenue Not Reported on Form 990
$-3,460
Total Revenue per Audited Statements
$227,661
Total Revenue per Form 990
$231,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$124,578
Other Expenses$98,576
Total Fundraising Expense$2,468
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$109,272--$109,272
Depreciation Depletion$37,791--$37,791
Occupancy$18,153--$18,153
Grants to Domestic Individuals$15,306--$15,306
Fees for Services Accounting-$13,750-$13,750
Advertising$11,806--$11,806
Insurance-$4,297-$4,297
Office Expenses-$1,507$2,468$3,975
Other Expenses$2,420--$2,420
Fees for Service Investment Mgmnt Fees-$1,652-$1,652
Conferences and Meetings$432--$432
Total Functional Expenses$199,480$21,206$2,468$223,154

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$223,305
Expenses per Audited Statements$223,154
Total Expenses per Form 990$223,154
Expenses Not Reported on Form 990$151
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Island Hospital--Support for Medical Practice at Center$109,272
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 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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Orcas medical foundation membership is available to individuals who make a nominal contribution. Members can attend the annual meeting and elect members of the voluntary board of directors.

Member election for additional members Part VI line 7A

Members of orcas medical foundation elect the volunteer board of directors at the annual meeting.

Governing body decisions Part VI line 7B

Members ratify proposed bylaw changes

Form 990 governing body review Part VI line 11

A copy of the form 990 was made available to all members of the board of directors prior to filing the return

Conflict of interest policy compliance Part VI line 12C

Conflict of interest disclosures are reviewed annually by the board of directors

Governing documents etc available to public Part VI line 19

Orcas medical foundation form 990 and governing documents are available for public inspection upon request

Filing and Contact Details

Filer

Filer Name
Orcas Medical Foundation
EIN
91-6037582
Address
PO BOX 515, EASTSOUND, WA 98245

Signing Officer

Name
Mary Riveland
Title
President
Phone
3603766165
Signed
2015-08-13
Discuss with paid preparer
No

Organization Details

Principal Officer
Mary Riveland
Formed
1956
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Thomson & Company PLLC
Address
PO Box 28190, Bellingham, WA 98228
Preparer
Susan Thomson-Sines
Phone
3607343939
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IRS990/PrincipalOfficerNm0MARY RIVELAND
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0386502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0644213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01837765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019447
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019939
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt058113
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40460
IRS990ScheduleA/PublicSupportPY170Pct00.44570
IRS990ScheduleA/PublicSupportTotal170Amt0767144
IRS990ScheduleA/SubstantialContributorsTotAmt01070621
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0224690
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0644213
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01837765
IRS990ScheduleA/TotalSupportAmt01895878
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0701425
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01029494
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0385
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt052437
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IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt025306
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt075399
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt06743
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0908
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01000
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0965
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0885
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt057871
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07204
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0151
IRS990ScheduleD/DonatedServicesUseFcltsAmt0151
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt034200
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-3611
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0209770
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS HELD BY ORCAS CMTY FDN
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
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IRS990ScheduleD/RevenueSubtotalAmt0231121
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0362269
IRS990ScheduleD/TotalBookValueSecuritiesAmt0209770
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IRS990ScheduleD/TotalRevenuePerForm990Amt0231121
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015306
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANT TO SUPPORT MEDICAL PROFESSIONALS ON ORCAS ISLAND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/RecipientTable/CashGrantAmt0109272
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR MEDICAL PRACTICE AT CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ISLAND HOSPITAL
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS TO MEDICAL PROFESSIONALS ARE APPROVED BY THE VOLUNTEER BOARD OF DIRECTORS. THE GRANTS ARE AWARDED TO ADVANCE THE PRIMARY ORCAS MEDICAL FOUNDATION MISSION. THE GRANTS ARE MONITORED BY THE FOUNDATION'S BOARD OF DIRECTORS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORCAS MEDICAL FOUNDATION MEMBERSHIP IS AVAILABLE TO INDIVIDUALS WHO MAKE A NOMINAL CONTRIBUTION. MEMBERS CAN ATTEND THE ANNUAL MEETING AND ELECT MEMBERS OF THE VOLUNTARY BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF ORCAS MEDICAL FOUNDATION ELECT THE VOLUNTEER BOARD OF DIRECTORS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS RATIFY PROPOSED BYLAW CHANGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 WAS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICT OF INTEREST DISCLOSURES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORCAS MEDICAL FOUNDATION FORM 990 AND GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd0false

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