HOLY NAME MEDICAL CENTER FOUNDATION INC (EIN 222737143) - 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

1986

Legal Domicile

Principal Officer

CATHLEEN DAVEY

Phone

2018337016

Tax Period

2023-01-01 to 2023-12-31

HOLY NAME MEDICAL CENTER FOUNDATION INC, founded in 1986, is a mid-sized nonprofit in the Health Care sector that reported $12.3M in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE FUNDS TO SUPPORT THE CHARITABLE PURPOSE OF HOLY NAME MEDICAL CENTER, INC.; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION.

🔒

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 $12,021,292

Program Service Revenue $0

Investment Income $383,005

Other Revenue $-63,929

TOTAL REVENUE $12,340,368

Expense Breakdown

Grants Paid $8,766,873

Salaries & Benefits $1,658,001

Fundraising Expenses $0

Program Expenses $12,015,953

Other Expenses $2,053,114

TOTAL EXPENSES $12,477,988

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,340,368	$23,813,959	-0.5%
Expenses	$12,477,988	$27,112,040	-0.5%
Net Income	$-137,620	$-3,298,081	-1.0%

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

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

$3,907,136

Total Directors

$2,604,224

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Maron	Trustee - President & CEO hnmc	55.0	Officer Director	$0	$55,995	$2,402,083
Ryan Kennedy CPA	EVP/CFO	55.0	Officer	$0	$164,696	$921,230
Cathleen Davey	Foundation President/VP Dev	55.0	Officer	$527,109	$56,714	$583,823
Deanna R Breglia	AVP, Development	55.0	Highest	$182,517	$32,747	$215,264
Jacqueline Brunetti MD	TRUSTEE (TERM 4/30/2023)	55.0	Director	$0	$2,845	$202,141
Barbara Cron	Dir, Philanthropy Com	55.0	Highest	$139,302	$40,988	$180,290
Meghan Oh	Dir, Annual Giving	55.0	Highest	$136,407	$26,774	$163,181
Lisa Futterman	Sr. Director, Strategic Events	55.0	Highest	$123,672	$20,013	$143,685
Carolyn Vasquez	Dir, Prospect Research	55.0	Highest	$105,294	$7,572	$112,866
John M Geraghty	Chairperson - Trustee	1.0	Officer Director	$0	$0	$0
Joseph Coccaro	Trustee	1.0	Director	$0	$0	$0
Dale A Creamer	Trustee	1.0	Director	$0	$0	$0
Nicholas P DiPaolo	Trustee	1.0	Director	$0	$0	$0
James Dowling	Trustee	1.0	Director	$0	$0	$0
Fernando Garip	Trustee	1.0	Director	$0	$0	$0
Daniel Leber	Trustee	1.0	Director	$0	$0	$0
Terrie O'Connor	Trustee	1.0	Director	$0	$0	$0
Leon Temiz	Trustee	1.0	Director	$0	$0	$0
Frank Wong	Trustee	1.0	Director	$0	$0	$0
Susan Zurndorfer	Trustee	1.0	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
2024	No data	No data	No data	No data
2023	$12,340,368	$12,477,988	$16,081,419	$-137,620
2022	$23,813,959	$27,112,040	$15,387,623	$-3,298,081
2021	$11,113,688	$10,458,765	$17,275,210	$654,923
2020	$5,319,219	$3,497,648	$17,714,504	$1,821,571
2019	$3,597,189	$3,529,552	$17,184,709	$67,637
2018	$5,787,731	$3,828,115	$17,123,362	$1,959,616

HOLY NAME MEDICAL CENTER FOUNDATION INC