WINCHENDON HEALTH FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

DAVID DOODY

Phone

9782972311

Tax Period

2023-10-01 to 2024-09-30

WINCHENDON HEALTH FOUNDATION INC, founded in 1948, is a micro nonprofit that reported $38K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 51% operating margin.

Mission

COMMUNITY HEALTH CARE.

Program Service Accomplishments

Program 1

Expenses: $12,658

CHARITABLE ORGANIZATION ORGANIZED TO FURTHER THE DELIVERY OF HEALTH CARE TO THE COMMUNITY OF WINCHENDON BY PROVIDING FUNDING FOR EQUIPMENT ETC. AMOUNTS PAID TO HEYWOOD HOSPITAL.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,944

Program Service Revenue $0

Investment Income $21,734

Other Revenue $0

TOTAL REVENUE $37,678

Expense Breakdown

Grants Paid $10,408

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,658

Other Expenses $7,999

TOTAL EXPENSES $18,407

Year-over-Year Comparison

	2023	2022	Change
Revenue	$37,678	$92,146	-0.6%
Expenses	$18,407	$19,349	0.0%
Net Income	$19,271	$72,797	-0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
DAVID DOODY	President	1.00	Officer Director	$0	$0	$0
SELENA JOHNSON	Vice President	1.00	Officer Director	$0	$0	$0
DAWN CASAVANT	Director	1.00	Director	$0	$0	$0
GLENN HUNT	Director	1.00	Director	$0	$0	$0
MICHELE COMEAU	Director	1.00	Director	$0	$0	$0
THOMAS CONNOR	Treasurer	1.00	Officer Director	$0	$0	$0
CARLY ANTONELLIS	Secretary	1.00	Officer Director	$0	$0	$0
ROSE KAVALCHUCK	Director	1.00	Director	$0	$0	$0
RENEE LUPIEN	Director	1.00	Director	$0	$0	$0
ROY GRAVES	Director	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	$37,678	$18,407	$656,384	$19,271
2023	$92,146	$19,349	$545,066	$72,797
2021	$56,455	$36,614	$609,210	$19,841
2020	$41,458	$14,895	$522,417	$26,563