Wise Health Foundation

🔒

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

2001

Legal Domicile

Phone

9046275921

Tax Period

2023-01-01 to 2023-11-30

Wise Health Foundation, founded in 2001, is a small nonprofit in the Health Care sector that reported $400K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 399% operating deficit.

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO ORGANIZE AND OPERATE FOR THE SUPPORT AND BENEFIT OF WISE HEALTH SYSTEM BY SOLICITING, RECEIVING, ACKNOWLEDGING, AND DISBURSING OF GIFTS TO WISE HEALTH SYSTEM. THESE GIFTS ARE USED IN A VARIETY OF WAYS SUCH AS TO RENOVATE AND BUILD MEDICAL FACILITIES AND TO PURCHASE MEDICAL EQUIPMENT AND TECHNOLOGY.

Program Service Accomplishments

Program 1

Expenses: $1,973,677

DISBURSED $13,712 TO DESIGNATED SERVICE PROVIDERS FOR THE BENEFIT OF UNDERSERVED PATIENTS RECEIVING 111 MAMMOGRAM SCREENINGS, DIAGNOSTICS, AND BIOPSIES RELATED TO THE MARY'S GIFT PROGRAM. ALSO...

DISBURSED $13,712 TO DESIGNATED SERVICE PROVIDERS FOR THE BENEFIT OF UNDERSERVED PATIENTS RECEIVING 111 MAMMOGRAM SCREENINGS, DIAGNOSTICS, AND BIOPSIES RELATED TO THE MARY'S GIFT PROGRAM. ALSO DISBURSED $314,001 TO DECATUR HOSPITAL AUTHORITY FOR MAMMOGRAPHY EQUIPMENT, TRAINING MATERIALS, CHARGING STATIONS AND HEAD WEAR FOR CANCER PATIENTS. AN ADDITIONAL $1,645,964 WAS DISTRIBUTED TO THE HOSPITAL AUTHORITY AS PART OF THE ORGANIZATION'S DISSOLUTION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $318,540

Program Service Revenue $0

Investment Income $60,710

Other Revenue $20,617

TOTAL REVENUE $399,867

Expense Breakdown

Grants Paid $1,973,677

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,973,677

Other Expenses $22,087

TOTAL EXPENSES $1,995,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$399,867	$637,048	-0.4%
Expenses	$1,995,764	$487,529	+3.1%
Net Income	$-1,595,897	$149,519	-11.7%

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

$2,044,249

Total Directors

$1,925,439

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Chairman	0.5	Officer Director	$0	$0	$0
N/A	Vice Chair	0.3	Officer Director	$0	$0	$0
N/A	Officer At Large	0.5	Officer Director	$0	$0	$0
N/A	CEO of System	0.5	Officer Director	$0	$134,823	$1,306,939
N/A	Secretary	0.3	Officer Director	$0	$0	$0
N/A	Treasurer/CFO of System	0.5	Officer Director	$0	$74,534	$618,500
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Foundation Director	40.0	Officer	$0	$17,723	$118,810

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
2023	$399,867	$1,995,764	No data	$-1,595,897
2022	$637,048	$487,529	$1,624,866	$149,519
2021	$425,251	$346,256	$1,507,587	$78,995
2020	$207,268	$95,537	$1,448,378	$111,731
2019	$1,114,121	$243,178	$1,343,302	$870,943
2018	$172,271	$283,479	$470,917	$-111,208