WINSTED HEALTH CENTER FOUNDATION INC (EIN 061488440) - Form 990 Financial Analysis & Trantor Score

🔒

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

1996

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WINSTED HEALTH CENTER FOUNDATION INC, founded in 1996, is a small nonprofit in the Health Care sector that reported $197K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $182K left a modest 7% surplus.

Mission

TO PROVIDE FACILITIES IN ORDER TO MAINTAIN HEALTH CARE SERVICES FOR WINCHESTER, CT AND THE SURROUNDING COMMUNITIES, PARTNER WITH COMMUNITY ORGANIZATIONS TO PROVIDE HEALTH EDUCATION PROGRAMS AND TO SEEK HEALTHCARE PROVIDERS THAT COMPLEMENT OTHER OFFERED HEALTHCARE SERVICES

🔒

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 $66,483

Program Service Revenue $0

Investment Income $130,640

Other Revenue $0

TOTAL REVENUE $197,123

Expense Breakdown

Grants Paid $24,000

Salaries & Benefits $0

Fundraising Expenses $6,580

Program Expenses $143,784

Other Expenses $158,405

TOTAL EXPENSES $182,405

Year-over-Year Comparison

	2023	2022	Change
Revenue	$197,123	$142,636	+0.4%
Expenses	$182,405	$162,930	+0.1%
Net Income	$14,718	$-20,294	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MARTY NEAL	DIRECTOR	Director	$0	$0	$0
CARA NGUYEN	DIRECTOR	Director	$0	$0	$0
PHILIP WALKER	DIRECTOR	Director	$0	$0	$0
DARLENE GRANT	DIRECTOR	Director	$0	$0	$0
HEIDI PICARD-RAMSAY	VICE PRESIDENT	Officer Director	$0	$0	$0
PENNY WHITE	SECRETARY	Officer Director	$0	$0	$0
LEAH MULLER	TREASURER	Officer Director	$0	$0	$0
SUSANNE CANTWELL	PRESIDENT	Officer 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	No data	No data	No data	No data
2023	$197,123	$182,405	$1,447,155	$14,718
2022	$142,636	$162,930	$1,371,596	$-20,294
2021	$116,150	$153,729	$1,618,463	$-37,579
2020	$114,552	$117,857	$1,596,138	$-3,305
2019	$111,143	$118,747	$1,447,798	$-7,604
2018	$140,140	$108,351	$1,305,301	$31,789

WINSTED HEALTH CENTER FOUNDATION INC