Nonprofits/Organizations/56-0862112
Active
501(c)(3)
Form 990

Auxiliary of Forsyth Memorial Hospital

EIN 56-0862112WINSTON SALEM, NC 27103Founded 1965WebsiteIRS Tax Year 2024 · Period ending March 20, 2024
Mission Statement

SEE SCHEDULE O

IRS Tax Year 2024

Period ending March 20, 2024

Total Revenue

$173K

-72.3%YoY

Total Expenses

$51K

-81.7%YoY

Net Assets

$0

-100.0%YoY

Employees

0

Volunteers

222

Program Expense Ratio

91.6%

This nonprofit profile presents IRS Form 990 tax filing data for Auxiliary of Forsyth Memorial Hospital (EIN: 56-0862112), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -72.3% to $173K
Program spending ratio of 91.6% — excellent
0.0 months of operating reserves — limited runway
Expenses decreased -81.7% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
10-member board, 8 independent

Compensation

Top compensation: $1,299,829 (CFO (TO 5/12/24))
Top exec pay is 2564.4% of total expenses — elevated
Schedule J filed for 2 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

3 programs reported
91.6% of spending goes to programs
2 programs generate revenue — self-sustaining activity
222 volunteers engaged

Financial Stability

0.0 months cash runway — tight liquidity
Revenue diversification: moderately diversified
Net assets declining over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Auxiliary of Forsyth Memorial Hospital is a 501(c)(3) nonprofit headquartered in WINSTON SALEM, NC, founded in 1965. In its 2024 filing, the organization reported $173K in total revenue, a 72.3% decrease from the prior year, and $51K in total expenses. The organization engaged 222 volunteers. GEOFFREY GARDNER, CFO (TO 5/12/24), is the highest-compensated individual at $1,299,829. The organization runs 3 programs, totaling $46K in program expenses. 3 of 6 recommended governance policies are in place.

Programs(Tax Year 2024)

3 records

Programs Overview

Auxiliary of Forsyth Memorial Hospital operates 3 programs, with total program expenses of $46K. Auxiliary of Forsyth Memorial Hospital's largest program accounts for 91% of total program spending.

1
Program 1Expenses: $42,429

THE ORGANIZATION OPERATES A HOSPITAL BASED GIFT SHOP FOR THE BENEFIT OF PATIENTS AND THEIR FAMILIES, ALLOWING THEM TO PURCHASE ITEMS SUCH AS FLOWERS, CARDS, AND SMALL GIFTS. THE ORGANIZATION DISSOLVED IN MARCH 2024. NET ASSETS WERE DISTRIBUTED TO FORSYTH MEDICAL CENTER FOUNDATION, A NONPROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

2
Program 2Expenses: $4,009

THE ORGANIZATION IS STAFFED BY VOLUNTEERS WHO SERVICE NOVANT HEALTH FORSYTH MEDICAL CENTER ("NHFMC"). THESE VOLUNTEERS ARE A VALUABLE PART OF THE NHFMC FAMILY, WHETHER PREPARING & DELIVERING FLOWER ARRANGEMENTS FOR THE GIFT SHOP, DELIVERING MAIL TO PATIENTS, OR ASSISTING PATIENTS AND VISITORS THROUGHOUT THE HOSPITAL FACILITY. THESE VOLUNTEERS GIVE THEIR TIME AND TALENT TO HELP OTHERS IN NEED. ADDITIONALLY, THE ORGANIZATION PLEDGES DONATIONS TO HOSPITAL DEPARTMENTS THAT REQUEST FUNDING SUPPORT.

3
Program 3

THE ORGANIZATION OFFERS NEWBORN PHOTOGRAPHY SERVICES TO PROVIDE REMEMBRANCES AND KEEPSAKES FOR NHFMC PATIENTS AND FAMILIES.

Total Program Expenses: $46,438

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Auxiliary of Forsyth Memorial Hospital's revenue has declined from $415K to $173K, a 58.2% decrease. Program expenses represent 92% of total spending.

Revenue decreased 72.3% year-over-year, while expenses declined 81.7%. net assets fell to $0, down 100.0% from the prior year.

Auxiliary of Forsyth Memorial Hospital derives 1% from program services, with 42% from investment income.

Revenue is diversified across investment income (42%), program service revenue (1%).

Auxiliary of Forsyth Memorial Hospital allocates 92% to programs, 8% to management and general.

Revenue declined by 72.3% and expenses declined by 81.7% year over year.

Over 6 filings from 2019–2024, Auxiliary of Forsyth Memorial Hospital declined revenue from $415K to $173K (-58.2%) while maintaining a program expense ratio of 92%.

Auxiliary of Forsyth Memorial Hospital holds $0 in total assets against $0 in liabilities. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$173K$0$0$1K$73K
2023$625K$423$0$6K$322K
2022$253K$120$0$3K$23K
2021$175K$400$0$0$0
2020$61K$10K$0$633$49
2019$415K$0$0$11K$188

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$51K$46K$4K$0$0
2023$278K$247K$23K$239$49K
2022$269K$235K$32K$1K$59K
2021$260K$236K$22K$1K$78K
2020$260K$243K$17K$52$95K
2019$329K$286K$42K$39$85K

Program Expense Ratio

91.6%

Admin Expense Ratio

8.4%

Fundraising Efficiency

Operating Reserve

0.0 mo

People & Compensation(Tax Year 2024)

12 records

Compensation Summary

Auxiliary of Forsyth Memorial Hospital reported compensation for 12 officers and key employees. Total officer compensation was $2.3M, representing 4536.5% of total expenses. 2 individuals received total compensation exceeding $500,000.

Auxiliary of Forsyth Memorial Hospital's highest-compensated individual received $1.3M in total compensation. Total officer compensation of $2.3M represents 4536.5% of total expenses. 1 individual received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
GEOFFREY GARDNERCFO (TO 5/12/24)
Officer
0.20$0$1,254,251$1,299,829
ALICE POPECFO (FR 5/13/24)
Officer
0.20$0$991,687$999,640
BILL BLACKARDTRUSTEE
Director
0.20$0$0$0
ELAINE BUTLERTRUSTEE
Director
0.20$0$0$0
LISA BERNTHALTRUSTEE
Director
0.20$0$0$0
MARY BINKLEYTRUSTEE
Director
0.20$0$0$0
LAURA MONSENTREAS
OfficerDirector
0.20$0$0$0
PAT BLACKARDTRUSTEE
Director
0.20$0$0$0
CAROLYN CROSBYPRES
OfficerDirector
0.20$0$0$0
SHARON DUNNAGANVICE PRES
OfficerDirector
0.20$0$0$0
NATALIE FULCHERTRUSTEE
Director
0.20$0$0$0
PEGGY PARKSSECR
OfficerDirector
0.20$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

GEOFFREY GARDNER

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

ALICE POPE

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Auxiliary of Forsyth Memorial Hospital has 3 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 10 members, 8 of whom are independent.

Auxiliary of Forsyth Memorial Hospital's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members10
Independent members8

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1965–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-03-20$173K$51K$0
2023
990
2023-01-01 – 2023-12-31$625K$278K$1.0M
2022
990
2022-01-01 – 2022-12-31$253K$269K$670K
2021
990
2021-01-01 – 2021-12-31$175K$260K$686K
2020
990
2020-01-01 – 2020-12-31$61K$260K$770K
2019
990
2019-01-01 – 2019-12-31$415K$329K$970K
1965–2018No filings acquired yet

Frequently Asked Questions

What does Auxiliary of Forsyth Memorial Hospital do?

SEE SCHEDULE O

How much revenue does Auxiliary of Forsyth Memorial Hospital have?

Auxiliary of Forsyth Memorial Hospital reported $173,393 in total revenue for tax year 2024, down 72.3% from the prior year.

Who is the highest-paid executive at Auxiliary of Forsyth Memorial Hospital?

GEOFFREY GARDNER, CFO (TO 5/12/24), received $1,299,829 in total compensation as of tax year 2024.

Is Auxiliary of Forsyth Memorial Hospital a 501(c)(3)?

Yes, Auxiliary of Forsyth Memorial Hospital is classified as a 501(c)(3) tax-exempt organization.

Where is Auxiliary of Forsyth Memorial Hospital located?

Auxiliary of Forsyth Memorial Hospital is headquartered in WINSTON SALEM, NC 27103.

Is Auxiliary of Forsyth Memorial Hospital audited?

Yes, Auxiliary of Forsyth Memorial Hospital's financial statements are audited, and the organization has an audit committee.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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