NORTHERN SURRY FOUNDATION FOR BETTER HEALTH INC

EIN: 383669834 501(c)(3) Health Care

MOUNT AIRY, NC

Total Revenue
$326,429
Total Expenses
$102,638
Total Assets
$23,714,092
Net Assets
$23,714,092
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
DR DAVID R SHOCKLEY
Phone
3367197000
Tax Period
2023-10-01 to 2024-09-30

NORTHERN SURRY FOUNDATION FOR BETTER HEALTH INC, founded in 1984, is a small nonprofit in the Health Care sector that reported $326K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $224K, a strong 69% operating margin.

Mission

THE FOUNDATION'S MAIN PURPOSE IS TO SUPPORT NORTHERN REGIONAL HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $22,631 Revenue: $0

THE FOUNDATION RAISED FUNDS TO ASSIST EMPLOYEES IN NEED AT NORTHERN REGIONAL HOSPITAL.

Program 2
Expenses: $10,000 Revenue: $0

THE FOUNDATION RAISED FUNDS TO PROVIDE SCHOLARSHIPS TO NURSING STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $224,160
Program Service Revenue $0
Investment Income $99,633
Other Revenue $2,636
TOTAL REVENUE $326,429

Expense Breakdown

Grants Paid $32,631
Salaries & Benefits $21,586
Fundraising Expenses $0
Program Expenses $32,631
Other Expenses $48,421
TOTAL EXPENSES $102,638

Year-over-Year Comparison

2023 2022 Change
Revenue $326,429 $20,339,359 -1.0%
Expenses $102,638 $5,049,154 -1.0%
Net Income $223,791 $15,290,205 -1.0%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SHOCKLEY CHAIRMAN 1.00
Officer Director
$0 $0 $0
PHILIP SNOW VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
TJ BLEDSOE TRUSTEE 1.00
Director
$0 $0 $0
SCOTT CORBIN MD TRUSTEE 1.00
Director
$0 $0 $0
ANDY GILLESPIE TRUSTEE 1.00
Director
$0 $0 $0
BILL GOINS TRUSTEE 1.00
Director
$0 $0 $0
GREGORY PERKINS TRUSTEE 1.00
Director
$0 $0 $0
JODY PHILLIPS TRUSTEE 1.00
Director
$0 $0 $0
MARK ROGERS TRUSTEE 1.00
Director
$0 $0 $0
ANN VAUGHN TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $326,429 $102,638 $23,714,092 $223,791
2023 $20,339,359 $5,049,154 $22,985,720 $15,290,205
2022 $5,008,125 $131,013 $7,403,607 $4,877,112
2021 $186,449 $44,516 $3,094,567 $141,933
2020 $157,085 $42,172 $2,512,832 $114,913
2019 $116,590 $11,134 $2,229,097 $105,456
2018 $236,447 $70,608 $2,142,410 $165,839
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