FAIRFIELD MEDICAL CENTER FOUNDATION

🔒

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

2007

Legal Domicile

Principal Officer

TRACY KELLY

Phone

7406878105

Tax Period

2023-01-01 to 2023-12-31

FAIRFIELD MEDICAL CENTER FOUNDATION, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 52% operating deficit.

Mission

THE FAIRFIELD MEDICAL CENTER FOUNDATION'S MISSION IS TO SOLICIT AND MANAGE CONTRIBUTIONS IN ORDER TO PROVIDE GRANT ASSISTANCE TO FAIRFIELD MEDICAL CENTER TO ASSIST IN THEIR MISSION OF DELIVERING OUTSTANDING HEALTHCARE FOR THEIR PATIENTS AND FAMILIES, AND OUR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $194,735

FMC FOUNDATION AWARDS VARIOUS SCHOLARSHIPS BY WAY OF AN INDEPENDENT SCHOLARSHIP COMMITTEE TO THOSE WHO ARE PURSUING FURTHER EDUCATION IN THE MEDICAL FIELD. THE SCHOLARSHIPS ARE AWARDED BY AN...

FMC FOUNDATION AWARDS VARIOUS SCHOLARSHIPS BY WAY OF AN INDEPENDENT SCHOLARSHIP COMMITTEE TO THOSE WHO ARE PURSUING FURTHER EDUCATION IN THE MEDICAL FIELD. THE SCHOLARSHIPS ARE AWARDED BY AN INDEPENDENT COMMITTEE, BASED ON THE APPLICATIONS RECEIVED.

Program 2

Expenses: $168,549

THE FOUNDATION HELPS VARIOUS INDIVIDUALS WHO ARE AT OR BELOW THE 200% POVERTY LEVEL WITH ASSISTANCE TOWARD CANCER CARE, MAMMOGRAMS AND CARDIAC REHAB. IT ALSO PROVIDES THE SALARY FOR AN ADMINISTRATOR OF THE SCRIPT ASSIST PROGRAM WHICH HELPS THOSE WHO ARE AT OR BELOW THE 200% POVERTY LEVEL OBTAIN PRESCRIPTIONS FROM DRUG COMPANIES AT A REDUCED COST. THIS PROGRAM HAS HELPED MANY WHO OTHERWISE WOULD NOT HAVE BEEN ABLE TO PAY FOR THE PRESCRIPTIONS, OR FOR WHOM IT WOULD HAVE BEEN AN EXTREME HARDSHIP TO DO SO.

Program 3

Expenses: $568,470

FAIRFIELD MEDICAL CENTER FOUNDATION PROGRAM MISCELLANEOUS GRANTS FOR NEED NOT COVERED BY EQUIPMENT GRANTS, CANCER CARE, AND CARDIAC CARE, SUCH AS THE TRANQUILITY GARDEN FOR PATIENTS AND VISITORS OF...

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $741,994

Program Service Revenue $0

Investment Income $81,524

Other Revenue $279,812

TOTAL REVENUE $1,103,330

Expense Breakdown

Grants Paid $105,125

Salaries & Benefits $305,474

Fundraising Expenses $387,075

Program Expenses $931,754

Other Expenses $1,264,476

TOTAL EXPENSES $1,675,075

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,103,330	$956,684	+0.2%
Expenses	$1,675,075	$611,765	+1.7%
Net Income	$-571,745	$344,919	-2.7%

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

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

$91,821

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG VANDERVOORT	CHAIR	1.25	Officer Director	$0	$0	$0
BECKY BAKER	DIRECTOR	0.40	Director	$0	$0	$0
DR SHASHI GOGATE	DIRECTOR	0.40	Director	$0	$0	$0
JOSH GORDON	DIRECTOR	0.40	Director	$0	$0	$0
DR JESSI HANNA	DIRECTOR	0.40	Director	$0	$0	$0
PHIL SETTECASE	DIRECTOR	0.40	Director	$0	$0	$0
TEMPLE CUSTER MONTENEZ	DIRECTOR	0.40	Director	$0	$0	$0
CHRISTA MOODY	DIRECTOR	0.40	Director	$0	$0	$0
TRAVIS MARKWOOD	DIRECTOR	0.40	Director	$0	$0	$0
SHARON SCRUGGS	DIRECTOR	0.40	Director	$0	$0	$0
DENISE BAUER	DIRECTOR	0.40	Director	$0	$0	$0
PENNY WASEM	DIRECTOR	0.40	Director	$0	$0	$0
JAMIE CULVER	DIRECTOR	0.40	Director	$0	$0	$0
MARIS MAHLER	DIRECTOR PARTIAL TERM	0.40	Director	$0	$0	$0
BRENDA SHAMBLIN	DIRECTOR PARTIAL TERM	0.40	Director	$0	$0	$0
TRACY KELLY	EXECUTIVE DIRECTOR	40.00	Officer	$0	$15,321	$91,821

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	$1,103,330	$1,675,075	$2,998,157	$-571,745
2022	$956,684	$611,765	$3,310,541	$344,919
2021	$851,501	$1,691,294	$3,576,218	$-839,793
2020	$984,510	$833,098	$4,354,936	$151,412