Concord, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FMH Wind-Down Company, founded in 1941, is a micro nonprofit that reported $49K in total revenue in fiscal year 2021. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $278K exceeded revenue, resulting in a 470% operating deficit.
While the Organization is undergoing divestiture and wind down operations at this time, the Organization's eventual termination and transfer of its assets and activities into other institutions will ultimately improve the quality of and the access to care in its community.
In January 2019, the Organization and HCA Healthcare, Inc. signed an intent to affiliate the organizations. Expected benefits of the affiliation include expanding the Organization's services in New...
In January 2019, the Organization and HCA Healthcare, Inc. signed an intent to affiliate the organizations. Expected benefits of the affiliation include expanding the Organization's services in New Hampshire, expanding access to health care in rural communities, and increasing competition by delivering higher-quality, lower cost care. Since the affiliation, the Organization has ceased operating as a state-licensed hospital, no longer has any employees, and ceased to provide healthcare services. The operations of the Organization currently consist of wind down activities only. Remaining assets of the Organization consist of cash which will be used to settle the Organization's wind-down operations and to support the Greater Rochester Community Health Foundation (f/k/a Frisbie Foundation).
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $48,872 | $2,106,381 | -1.0% |
| Expenses | $278,429 | $4,176,257 | -0.9% |
| Net Income | $-229,557 | $-2,069,876 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Frank Jones | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Brian Hughes | Chair, Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| James Jalbert | Vice Chair, Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Cormier | Secretary, Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Hall | Treasurer, Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $48,872 | $278,429 | $3,696,872 | $-229,557 |
| 2022 | No data | $24,634 | No data | No data |
| 2021 | $2,106,381 | $4,176,257 | $3,971,416 | $-2,069,876 |
| 2019 | $144,169,600 | $161,679,996 | $99,285,851 | $-17,510,396 |
| 2018 | $156,794,818 | $172,853,890 | $114,107,159 | $-16,059,072 |
Compare FMH Wind-Down Company with other nonprofits in New Hampshire and across the country.