HOWARD COMMUNITY HEALTHCARE FOUNDATION INC

EIN: 134308061 501(c)(3) Philanthropy & Grantmaking

WILLITS, CA

Total Revenue
$116,834
Total Expenses
$3,060
Total Assets
$2,428,060
Net Assets
$2,397,160
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CA
Principal Officer
DR WILLIAM BOWEN
Phone
7074590357
Tax Period
2023-01-01 to 2023-12-31

HOWARD COMMUNITY HEALTHCARE FOUNDATION INC, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $117K in total revenue in fiscal year 2023. Revenue surged 541% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 97% operating margin.

Mission

TO ENGAGE IN ACTIVITIES WHICH SUPPORT THE FRANK R. HOWARD MEMORIAL HOSPITAL'S MISSION TO PROVIDE ACCESSIBLE, AFFORDABLE, DIVERSE AND QUALITY HEALTHCARE TO ALL RESIDENTS OF WILLITS, CA.

Program Service Accomplishments

Program 1
Expenses: $3,000

OUR MISSION IS TO ADVANCE EXCELLENCE IN HEALTHCARE, EDUCATION AND RESEARCH THROUGH PHILANTHROPY. OUR FOUNDATION'S FUNDS ARE USED FOR PROJECTS THAT IMPROVE HEALTH CARE, BUT ARE NOT A PART OF THE...

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OUR MISSION IS TO ADVANCE EXCELLENCE IN HEALTHCARE, EDUCATION AND RESEARCH THROUGH PHILANTHROPY. OUR FOUNDATION'S FUNDS ARE USED FOR PROJECTS THAT IMPROVE HEALTH CARE, BUT ARE NOT A PART OF THE GENERAL OPERATING BUDGET OF FRANK R HOWARD MEMORIAL HOSPITAL, WHICH IS A HEALTHCARE ORGANIZATION THAT THE FOUNDATION ROUTINELY SUPPORTS THROUGH CAPITAL CAMPAIGNS, ETC. GIFTS TO HOWARD COMMUNITY HEALTHCARE FOUNDATION, INC, ARE USED TO -CONSTRUCT AND UPGRADE FACILITIES, WHICH NO DOUBT HAVE AN ECONOMIC IMPACT ON OUR REGION, -PURCHASE PATIENT CARE EQUIPMENT, -ENHANCE PATIENT-RELATED PROGRAMS AND SERVICES, -PROVIDE EDUCATION PROGRAMS TO IMPROVE THE HEALTH OF OUR REGION'S CITIZENS. -PROVIDE SCHOLARSHIPS TO OUTSTANDING STUDENTS EMBARKING ON CAREERS IN HEALTHCARE, -SUPPORT MEDICAL RESEARCH, AND BUILD ENDOWMENT TO ASSURE, IN PERPETUITY, THAT HEALTHCARE IN OUR COMMUNITY AND REGION MEETS THE HIGHEST STANDARDS OF CARE AND SERVICE.

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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 $105,475
Program Service Revenue $0
Investment Income $11,359
Other Revenue $0
TOTAL REVENUE $116,834

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $0
Fundraising Expenses $30
Program Expenses $3,000
Other Expenses $60
TOTAL EXPENSES $3,060

Year-over-Year Comparison

2023 2022 Change
Revenue $116,834 $18,220 +5.4%
Expenses $3,060 $3,080 0.0%
Net Income $113,774 $15,140 +6.5%
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

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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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$118,086
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BOWEN MD PRESIDENT 1.00
Officer Director
$0 $0 $0
RICHARD WILLOUGHBY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JAMES KING SECRETARY 1.00
Officer Director
$0 $0 $0
MARGIE HANDLEY TREASURER 1.00
Officer Director
$0 $0 $0
ART HARWOOD DIRECTOR 1.00
Director
$0 $0 $0
ARNIE MELLO EXECUTIVE DIRECTOR 4.00
Officer
$0 $0 $118,086
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 $116,834 $3,060 $2,428,060 $113,774
2022 $18,220 $3,080 $2,314,286 $15,140
2021 $21,409 $32,560 $2,299,146 $-11,151
2020 $31,091 $50,162 $2,310,297 $-19,071
2019 $20,705 $9,060 $2,329,368 $11,645
2018 $33,032 $4,613 $2,317,723 $28,419
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