LEDWITH LEWIS FREE CLINIC

EIN: 204715344 501(c)(3) Health Care

Tapphannock, VA

Total Revenue
$611,243
Total Expenses
$385,997
Total Assets
$854,259
Net Assets
$852,188
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
Michael Faulkner
Phone
8044439590
Tax Period
2023-01-01 to 2023-12-31

Ledwith Lewis Free Clinic, founded in 2005, is a small nonprofit in the Health Care sector that reported $328K in total revenue in fiscal year 2018. Expenses of $312K left a modest 5% surplus.

Mission

The Tappahannock Free Clinic is organized as a community based organization providing quality healthcare to Essex and surrounding counties at little or no charge to low income, uninsured people as well as thosepeople with health insurance but no medication coverage. Tappahannock freeclinic believes that citizens who work at being productive deserve access to adequate medical care, and their goal is to provide this care through the effort of volunteer professionals and support staff, and the contributions of individuals, churches, civic groups, and businesses who share this vision.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $611,243
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $611,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $294,219
Fundraising Expenses $12,579
Program Expenses $310,385
Other Expenses $79,199
TOTAL EXPENSES $385,997

Year-over-Year Comparison

2023 2022 Change
Revenue $611,243 $547,132 +0.1%
Expenses $385,997 $322,073 +0.2%
Net Income $225,246 $225,059 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
5
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
8
$5
Total Directors
0
$0
Key Employees
3
$166,719
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Micheal Faulkner Executive Director 40
Key Emp Highest
$125,829 $0 $125,829
Jeanette Holmes officer 30.00
Key Emp
$40,890 $0 $40,890
Fred Woodard Board Member 5
Officer
$5 $0 $5
Barbara Francis Officer 5.00
Officer
$0 $0 $0
Lisa Andrews President 0
Officer
$0 $0 $0
Spotswood Taliaferro Vice President 10
Officer
$0 $0 $0
Richard Gouldin Board Treasurer 30
Officer
$0 $0 $0
Emily Wilkenson Finance Committee 10
Officer
$0 $0 $0
Kenny Park Board Member 5.00
Officer
$0 $0 $0
Sue Farmer Board Member 5
Officer
$0 $0 $0
Dr Richard G Lewis Medical Director 40
Key Emp
$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
2024 No data No data No data No data
2023 $611,243 $385,997 $854,259 $225,246
2022 $547,132 $322,073 $629,090 $225,059
2021 $413,833 $292,079 $446,873 $121,754
2020 $399,273 $346,016 $305,786 $53,257
2019 $338,398 $315,861 $268,820 $22,537
2018 $328,299 $312,352 $247,212 $15,947
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