T Franklin Williams MD Foundation … - 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

1990

Legal Domicile

Principal Officer

Rachel Antoniou

Phone

5857606028

Tax Period

2024-01-01 to 2024-12-31

T Franklin Williams MD Foundation Inc The Monroe Community Hospital Foundation, founded in 1990, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $290K in total revenue in fiscal year 2024. Net assets of $1.1M represent 45 months of operating reserves.

Mission

The primary purpose is to seek charitable support for Monroe Community Hospital to enhance its ability to provide care, treatment, and services with primary emphasis on aging, chronic illnesses, and at risk populations.

Program Service Accomplishments

Program 1

Expenses: $251,302 Revenue: $63,093

Provides support to Monroe Community Hospital for programs and services to enhance the lives of the residents who live there. The Organization obtains its support directly from individuals...

Provides support to Monroe Community Hospital for programs and services to enhance the lives of the residents who live there. The Organization obtains its support directly from individuals, organizations, and government agencies.

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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 (2024)

Revenue Breakdown

Contributions & Grants $184,816

Program Service Revenue $63,093

Investment Income $42,512

Other Revenue $0

TOTAL REVENUE $290,421

Expense Breakdown

Grants Paid $188,047

Salaries & Benefits $25,963

Fundraising Expenses $9,332

Program Expenses $251,302

Other Expenses $85,128

TOTAL EXPENSES $299,138

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,421	$298,061	0.0%
Expenses	$299,138	$368,830	-0.2%
Net Income	$-8,717	$-70,769	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Rivers	Director	0.20	Director	$0	$0	$0
Dr Heather Sobel	Director	0.10	Director	$0	$0	$0
Jerry Solomon	Director	0.20	Director	$0	$0	$0
Wendy Blake	Vice Chair	0.30	Officer Director	$0	$0	$0
Dr Carol Podgorski	Director	0.10	Director	$0	$0	$0
David Veniskey	Chair/Treasurer	0.30	Officer Director	$0	$0	$0
Laurie Haelen	Director	0.10	Director	$0	$0	$0
Ronald Maggio	Secretary (Through 7/24)	0.10	Officer Director	$0	$0	$0
Gerald Vanderstyne	Director	0.20	Director	$0	$0	$0
Jack Greco	Director	0.10	Director	$0	$0	$0
Lawrence Creatura	Director	0.10	Director	$0	$0	$0
Theresa Eckert	Director	0.10	Director	$0	$0	$0
Erin Meisenzahl	Director	0.30	Director	$0	$0	$0
Kerri Palmero	Director	0.20	Director	$0	$0	$0
Phil Ferranti	Director	0.10	Director	$0	$0	$0
Bill VandenBrul	Director	0.10	Director	$0	$0	$0
Jim Nortz	Director	0.20	Director	$0	$0	$0
Laurel Pfeil	Director (From 5/24)	0.10	Director	$0	$0	$0
Rachel Antoniou Director	of Foundation Operations	40.00	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
2024	$290,421	$299,138	$1,122,603	$-8,717
2023	$298,061	$368,830	$1,078,097	$-70,769
2022	$446,025	$384,047	$1,179,628	$61,978
2021	$387,209	$423,242	$1,413,970	$-36,033
2020	$594,992	$304,465	$1,424,954	$290,527
2019	$327,170	$347,431	$1,088,559	$-20,261
2018	$313,840	$249,686	$738,572	$64,154

T Franklin Williams MD Foundation Inc The Monroe Community Hospital Foundation