Visiting Board of the Children's Hospital

EIN: 016023681 501(c)(3)

Portland, ME

Total Revenue
$173,807
Total Expenses
$168,169
Total Assets
$473,727
Net Assets
$378,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
ME
Principal Officer
Nancy Angier
Phone
2076622771
Tax Period
2023-10-01 to 2024-09-30

Visiting Board of the Children's Hospital, founded in 1949, is a small nonprofit that reported $174K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $168K left a modest 3% surplus.

Mission

The purposes of the organization shall be to preserve and enhance the ability of MaineHealth (EIN # 01-0238552)to provide for children and adolescents, on a charitable basis, to provide equipment, including medical equipment, for the use of such patients, to provide services, entertainment, education and comforts for such patients to support the advancement of knowledge and practice of education and research in the care and treatment of such patients and to sponsor, develop and promote services and programs which benefit or assist in the care of such patients; and to receive in trust or otherwise acquire and from whatever source, and to own or administer,gifts, devises, grants, personal and/or real property, either unrestricted or for specific purposes, and to use or dispose of such property in such manner as shall promote or support the foregoing purposes: and to do all things incidental to the foregoing.

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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 $160
Program Service Revenue $0
Investment Income $13,887
Other Revenue $159,760
TOTAL REVENUE $173,807

Expense Breakdown

Grants Paid $165
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,169
Other Expenses $168,004
TOTAL EXPENSES $168,169

Year-over-Year Comparison

2023 2022 Change
Revenue $173,807 $154,234 +0.1%
Expenses $168,169 $161,572 +0.0%
Net Income $5,638 $-7,338 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
8

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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Angier President 2.00
Officer Director
$0 $0 $0
Carolyn Davis Vice President 2.00
Officer Director
$0 $0 $0
Wendy O'Blenis Treasurer 2.00
Officer Director
$0 $0 $0
Denyse Maddaleni Recording Secrty 2.00
Officer Director
$0 $0 $0
Elizabeth Lunt Corres Secretary 2.00
Officer Director
$0 $0 $0
Elizabeth LeMieux Active Member 1.00
Director
$0 $0 $0
Carole Mack Active Member 1.00
Director
$0 $0 $0
Patricia Todorich Active Member 1.00
Director
$0 $0 $0
Harriete Whitney Active Member 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 $173,807 $168,169 $473,727 $5,638
2023 $154,234 $161,572 $397,383 $-7,338
2022 $139,794 $154,326 $357,790 $-14,532
2021 $135,346 $139,284 $400,316 $-3,938
2020 $130,956 $136,510 $405,925 $-5,554
2019 $159,006 $149,555 $336,939 $9,451
2018 $131,393 $160,314 $325,959 $-28,921
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