ROXBOROUGH MEMORIAL HEALTH FOUNDAT… - Form 990 Financial Data

🔒

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

1982

Legal Domicile

Principal Officer

JOHN PALMER

Phone

2155278950

Tax Period

2018-07-01 to 2019-06-30

ROXBOROUGH MEMORIAL HEALTH FOUNDATION, founded in 1982, is a micro nonprofit that reported $45K in total revenue in fiscal year 2018. Expenses of $602K exceeded revenue, resulting in a 1245% operating deficit.

Mission

TO SUPPORT ROXBOROUGH MEMORIAL HOSPITAL AND THE ROXBOROUGH COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $549,616 Revenue: $0

ROXBOROUGH MEMORIAL HEALTH FOUNDATION (THE "FOUNDATION") IS A 501(C)(3) SUPPORTING ORGANIZATION OF THE ROXBOROUGH MEMORIAL HOSPITAL (THE "HOSPITAL"). THE HOSPITAL'S OPERATING ASSETS WERE SOLD IN...

ROXBOROUGH MEMORIAL HEALTH FOUNDATION (THE "FOUNDATION") IS A 501(C)(3) SUPPORTING ORGANIZATION OF THE ROXBOROUGH MEMORIAL HOSPITAL (THE "HOSPITAL"). THE HOSPITAL'S OPERATING ASSETS WERE SOLD IN PRIOR YEARS AND THE HOSPITAL WAS IN THE PROCESS OF DISSOLVING. AS PART OF THE DISSOLUTION PROCESS, A COURT ORDER DIRECTED INVESTMENT FUNDS BE TRANSFERRED FROM THE HOSPITAL TO THE FOUNDATION. THIS TRANSFER OCCURRED DURING FISCAL YEAR 2016. THE FOUNDATION WAS DISSOLVED DURING THE FISCAL YEAR 2019.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $44,751

Other Revenue $0

TOTAL REVENUE $44,751

Expense Breakdown

Grants Paid $549,616

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $549,616

Other Expenses $52,482

TOTAL EXPENSES $602,098

Year-over-Year Comparison

	2018	2017	Change
Revenue	$44,751	$45,981	0.0%
Expenses	$602,098	$37,424	+15.1%
Net Income	$-557,347	$8,557	-66.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN PALMER	TRUSTEE	2.00	Officer 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
2019	$44,751	$602,098	No data	$-557,347
2018	$45,981	$37,424	$557,347	$8,557

ROXBOROUGH MEMORIAL HEALTH FOUNDATION