NHC FOUNDATION INC (EIN 141730634) - 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

1989

Legal Domicile

Principal Officer

KAREN RUSSELL

Phone

8454348300

Tax Period

2024-01-01 to 2024-12-31

NHC FOUNDATION INC, founded in 1989, is a small nonprofit that reported $599K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $450K, a strong 75% operating margin.

Mission

TO SECURE, PRESERVE AND DISTRIBUTE FUNDING TO FURTHER THE PURPOSE AND VISION OF NEW HOPE COMMUNITY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $336,194

Program Service Revenue $0

Investment Income $194,825

Other Revenue $68,293

TOTAL REVENUE $599,312

Expense Breakdown

Grants Paid $45,160

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,160

Other Expenses $104,138

TOTAL EXPENSES $149,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$599,312	$733,990	-0.2%
Expenses	$149,298	$300,493	-0.5%
Net Income	$450,014	$433,497	+0.0%

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

$755,854

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT DINERSTEIN	SECRETARY/TREASURER	0.30	Officer Director	$0	$0	$0
STEPHEN SKILLMAN	CHAIR	0.30	Officer Director	$0	$0	$0
REICH STUART	VICE CHAIR	0.30	Director	$0	$0	$0
ANNABEL LINDENBAUM	TRUSTEE (UNTIL 03/2024)	0.30	Director	$0	$0	$0
ANNE SWEAZEY	SECRETARY (UNTIL 03/2024)	0.30	Officer Director	$0	$0	$0
JAN FRIEDLANDER SVENSEN	TRUSTEE (UNTIL 03/2024)	0.30	Director	$0	$0	$0
SANFORD GOLDSTEIN	TRUSTEE (UNTIL 03/2024)	0.30	Director	$0	$0	$0
DEBRA MCGINNESS	CHIEF EXECUTIVE OFFICER	1.10	Officer	$0	$60,108	$459,137
TARIQ IQBAL	CFAO	1.10	Officer	$0	$52,878	$296,717

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	$599,312	$149,298	$5,497,592	$450,014
2023	$733,990	$300,493	$4,685,897	$433,497
2022	$223,058	$312,006	$4,102,278	$-88,948
2021	$515,192	$275,003	$4,868,033	$240,189
2020	$591,275	$564,558	$4,679,237	$26,717
2019	$489,206	$434,758	$4,347,618	$54,448
2018	$334,182	$265,596	$3,996,956	$68,586

NHC FOUNDATION INC