Friends of Lamprey Health Care Inc

EIN: 020348630 501(c)(3) Health Care

Newmarket, NH

Total Revenue
$530,279
Total Expenses
$232,642
Total Assets
$4,000,960
Net Assets
$2,115,309
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
NH
Principal Officer
Gregory White
Phone
6036592494
Tax Period
2023-10-01 to 2024-09-30

Friends of Lamprey Health Care Inc, founded in 1975, is a small nonprofit in the Health Care sector that reported $530K in total revenue in fiscal year 2023. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $298K, a strong 56% operating margin.

Mission

To monitor coordinate and otherwise be responsible for raising funds to maintain Lamprey Health Care. As a Federally Qualified Health Center, the mission of Lamprey Health Care is the provision of Health Care Services to all individuals regardless of ability to pay.

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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 $0
Program Service Revenue $227,916
Investment Income $302,363
Other Revenue $0
TOTAL REVENUE $530,279

Expense Breakdown

Grants Paid $62,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $232,567
Other Expenses $169,842
TOTAL EXPENSES $232,642

Year-over-Year Comparison

2023 2022 Change
Revenue $530,279 $231,424 +1.3%
Expenses $232,642 $870,613 -0.7%
Net Income $297,637 $-639,189 -1.5%
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

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
6
$646,255
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Giguere-Unrein President 1.00
Officer Director
$0 $0 $0
Elizabeth Crepeau Vice President 1.00
Officer Director
$0 $0 $0
Jeannette Hauschel Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Ronald Lemieux Board Member 1.00
Director
$0 $0 $0
Deborah Pack Board Member 1.00
Director
$0 $0 $0
Sally Oxnard Board Member 1.00
Director
$0 $0 $0
Gregory White Co-CEO 1.00
Officer
$0 $9,982 $236,158
Sue Durkin Co-CEO 1.00
Officer
$0 $44,546 $204,781
Elidoro Primero Past CFO 1.00
Officer
$0 $43,489 $205,316
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 $530,279 $232,642 $4,000,960 $297,637
2023 $231,424 $870,613 $3,873,718 $-639,189
2022 $229,371 $132,029 $4,550,791 $97,342
2021 $228,056 $139,162 $4,253,114 $88,894
2020 $228,037 $146,890 $4,212,478 $81,147
2019 $228,019 $156,370 $3,001,345 $71,649
2018 $85,601 $8,403 $2,968,743 $77,198
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