The Foundation For Palm Beach Heal… - 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

2006

Legal Domicile

Principal Officer

Aquannette Thomas

Phone

5612463843

Tax Period

2025-01-01 to 2025-12-31

The Foundation For Palm Beach Health Network Inc, founded in 2006, is a small nonprofit in the Health Care sector that reported $223K in total revenue in fiscal year 2025. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 25% operating margin.

Mission

Assistance to Childrens hospital patients

Program Service Accomplishments

Program 1

Expenses: $123,910 Revenue: $220,333

Providing resources for children in the children s hospital- transportation, clothing, spiritual,emotional and physical resources to promote healing.

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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 (2025)

Revenue Breakdown

Contributions & Grants $220,333

Program Service Revenue $0

Investment Income $2,563

Other Revenue $0

TOTAL REVENUE $222,896

Expense Breakdown

Grants Paid $109,851

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $123,910

Other Expenses $56,620

TOTAL EXPENSES $166,471

Year-over-Year Comparison

	2025	2024	Change
Revenue	$222,896	$119,645	+0.9%
Expenses	$166,471	$179,309	-0.1%
Net Income	$56,425	$-59,664	-1.9%

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

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
Aquannette Thomas	Vice PresidentTreasurer	5.00	Officer	$0	$0	$0
Jessica Clasby	President	1.00	Officer	$0	$0	$0
Mario Guzman	Director	0.00	Officer	$0	$0	$0
Michael Roedel	Director	0.00	Officer	$0	$0	$0
Adele Sullivan	Director	0.00	Officer	$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
2025	$222,896	$166,471	$561,194	$56,425
2024	$119,645	$179,309	$504,769	$-59,664
2023	$141,936	$48,550	$503,037	$93,386

The Foundation For Palm Beach Health Network Inc