Memorial Hospital Nurses Alumni As… - Form 990 Financial Data

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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

1946

Legal Domicile

Phone

5182296094

Tax Period

2018-01-01 to 2018-12-31

Memorial Hospital Nurses Alumni Association Inc, founded in 1946, is a micro nonprofit that reported $46K in total revenue in fiscal year 2018. Expenses of $151K exceeded revenue, resulting in a 231% operating deficit.

Mission

The Association works with Memorial Hospital to grant funds to purchase necessary education equipment and to grant scholarships to nursing students.

Program Service Accomplishments

Program 1

Expenses: $45,824

The Association works with Memorial Hospital to grant funds to purchase necessary education equipment and to grant scholarships to nursing students.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,715

Investment Income $41,826

Other Revenue $0

TOTAL REVENUE $45,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,824

Other Expenses $150,600

TOTAL EXPENSES $150,600

Year-over-Year Comparison

	2018	2017	Change
Revenue	$45,541	N/A	N/A
Expenses	$150,600	N/A	N/A
Net Income	$-105,059	N/A	N/A

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

N/A

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
Laitha Musa	Treasurer	1.00	Director	$0	$0	$0
Cindy Williams	President	2.00	Director	$0	$0	$0
Christine VanDeloo	Director	1.00	Director	$0	$0	$0
Valorie Olmer	Secretary	1.00	Director	$0	$0	$0
Kathleen Kodra-Carlock	Director	1.00	Director	$0	$0	$0
Dianne Kansas	Director	1.00	Director	$0	$0	$0
Lolly Sallick	Director	1.00	Director	$0	$0	$0
Karen Reith	Secretary	1.00	Director	$0	$0	$0
Marrieya Sallock	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
2018	$45,541	$150,600	$1,286,272	$-105,059
2017	$165,258	$83,619	$1,398,618	$81,639

Memorial Hospital Nurses Alumni Association Inc