SAINT ANDREWS FREE BED FUND

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1938

Legal Domicile

Principal Officer

Thomas Perkins

Phone

2073805719

Tax Period

2024-01-01 to 2024-12-31

SAINT ANDREWS FREE BED FUND, founded in 1938, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $121K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32K, a strong 27% operating margin.

Mission

Provide financial aid for medical care for indigent or partially indigent patients

Program Service Accomplishments

Program 1

Expenses: $87,455 Revenue: $0

In 2024, the organization helped subsidize the cost of medical expenses for 61 indigent or partially indigent patients for hospital and related medical care.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,752

Program Service Revenue $0

Investment Income $97,798

Other Revenue $0

TOTAL REVENUE $120,550

Expense Breakdown

Grants Paid $87,455

Salaries & Benefits $0

Fundraising Expenses $157

Program Expenses $87,455

Other Expenses $642

TOTAL EXPENSES $88,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$120,550	$92,987	+0.3%
Expenses	$88,097	$85,904	+0.0%
Net Income	$32,453	$7,083	+3.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas Perkins	President	1	Officer Director	$0	$0	$0
Thomas Berry	Clerk	1	Officer Director	$0	$0	$0
Sarah Giles	Treasurer	1	Officer Director	$0	$0	$0
Clayton Pottle	Trustee	1	Director	$0	$0	$0
Laura Francis	Trustee	1	Director	$0	$0	$0
Patrice Carter	Trustee	1	Director	$0	$0	$0
Karen Nickerson	Trustee	1	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
2025	No data	No data	No data	No data
2024	$120,550	$88,097	$2,323,308	$32,453
2023	$92,987	$85,904	$2,156,426	$7,083
2022	$109,194	$43,119	$2,082,743	$66,075
2021	$101,329	$34,305	$2,269,408	$67,024
2020	$75,630	$52,122	$1,893,246	$23,508