THE HOSPITAL VOLUNTEERS OF VEN INC (EIN 202215389) - 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

2005

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

THE HOSPITAL VOLUNTEERS OF VEN INC, founded in 2005, is a small nonprofit that reported $314K in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $776K exceeded revenue, resulting in a 147% operating deficit.

Mission

TO PROMOTE HEALTH AND WELFARE WITHIN THE VENICE COMMUNITY, ASSISTING THE COMMUNITY BY PROVIDING CARE AND SERVICES TO PATIENTS AND THEIR FAMILIES, FUND RAISING FOR THE HEALTHCARE AND WELFARE OF THE COMMUNITY, GRANTING HEALTH RELATED SCHOLARSHIPS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $820

Program Service Revenue $68,674

Investment Income $4,543

Other Revenue $239,795

TOTAL REVENUE $313,832

Expense Breakdown

Grants Paid $421,693

Salaries & Benefits $158,282

Fundraising Expenses $0

Program Expenses $636,948

Other Expenses $195,734

TOTAL EXPENSES $775,709

Year-over-Year Comparison

	2022	2021	Change
Revenue	$313,832	$465,222	-0.3%
Expenses	$775,709	$422,081	+0.8%
Net Income	$-461,877	$43,141	-11.7%

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

Volunteers

300

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
WENDY CLINGAN	VICE PRESIDENT	5.00	Director	$0	$0	$0
RICHARD FENSTERMAKER	CHAIRMAN FIN COMM	5.00	Director	$0	$0	$0
DAVID LYONS	TREASURER	5.00	Director	$0	$0	$0
FRANK COLLINS	VICE PRESIDENT	5.00	Director	$0	$0	$0
DIANA MIRACLE	PRESIDENT	5.00	Director	$0	$0	$0
RUTH QUIGG	VICE PRESIDENT	5.00	Director	$0	$0	$0
ELIZABETH BROOKE	VICE PRESIDENT	5.00	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
2022	$313,832	$775,709	No data	$-461,877
2021	$465,222	$422,081	$461,877	$43,141
2020	$331,589	$471,561	$418,736	$-139,972
2019	$649,909	$744,028	$573,545	$-94,119
2018	$709,627	$744,714	$667,664	$-35,087

THE HOSPITAL VOLUNTEERS OF VEN INC