TITUS REGIONAL MEDICAL FOUNDATION (EIN 201085300) - 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

2004

Legal Domicile

Principal Officer

ANDY FORTENBERRY

Phone

9035776051

Tax Period

2021-10-01 to 2022-09-30

TITUS REGIONAL MEDICAL FOUNDATION, founded in 2004, is a micro nonprofit in the Health Care sector that reported $20K in total revenue in fiscal year 2021. Revenue surged 724% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 98% operating margin.

Mission

THE MAJOR OBJECTIVES OF THE ORGANIZATION ARE TO ASSIST TITUS REGIONAL MEDICAL CENTER IN PROVIDING QUALTITY HEALTH CARE SERVICES FOR THE PEOPLE OF TITUS COUNTY AND CONDUCTING EDUCATIONAL PROGRAMS IN MEDICINE, NURSING AND MEDICALLY RELATED FIELDS.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $300

Program Service Revenue $0

Investment Income $842

Other Revenue $18,518

TOTAL REVENUE $19,660

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $416

TOTAL EXPENSES $416

Year-over-Year Comparison

	2021	2020	Change
Revenue	$19,660	$2,387	+7.2%
Expenses	$416	$595	-0.3%
Net Income	$19,244	$1,792	+9.7%

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

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

$568,745

Total Directors

$568,745

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DON LOWRY	CHAIR	1.00	Officer Director	$0	$0	$0
ROB HOLLIDAY	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
TONY RUNDLES	SECRETARY	1.00	Officer Director	$0	$0	$0
TRENT ABBOTT	MEMBER	1.00	Director	$0	$0	$0
ANDY FORTENBERRY	MEMBER	1.00	Director	$0	$0	$0
ROYCE CARR	MEMBER	1.00	Director	$0	$0	$0
RICKY BAKER	MEMBER	1.00	Director	$0	$0	$0
TERRY SCOGGIN	CEO	1.00	Officer Director	$0	$0	$344,644
JAIME MITCHELL	CFO - PRIOR	1.00	Officer Director	$0	$0	$224,101

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
2022	$19,660	$416	$416,519	$19,244
2021	$2,387	$595	$397,275	$1,792
2019	$169,563	$152,180	$407,860	$17,383
2018	$126,087	$120,459	$410,631	$5,628
2017	$126,556	$102,151	$415,343	$24,405

TITUS REGIONAL MEDICAL FOUNDATION