NORTH VALLEY HEALTH EDUCATION FOUNDATION

EIN: 237280072 501(c)(3) Health Care

CHICO, CA

Total Revenue
$38,534
Total Expenses
$77,153
Total Assets
$763,058
Net Assets
$758,777
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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
1973
Legal Domicile
CA
Principal Officer
JOEL ADEMA
Phone
5308958389
Tax Period
2025-01-01 to 2025-12-31

NORTH VALLEY HEALTH EDUCATION FOUNDATION, founded in 1973, is a micro nonprofit in the Health Care sector that reported $39K in total revenue in fiscal year 2025. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $77K exceeded revenue, resulting in a 100% operating deficit.

Mission

TO HELP PEOPLE WITH FINANCIAL NEED BECOME CONTRIBUTING MEMBERS OF SOCIETY, AND THAT BY INVESTING IN THESE MEDICAL STUDENTS THEY WILL BENEFIT THE COMMUNITIES THEY CHOOSE TO SERVE.

Program Service Accomplishments

Program 1
Expenses: $56,567

PROVIDED GRANTS AND SCHOLARSHIPS TO STUDENTS ENROLLED IN THE HEALTH PROFESSION.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $14,000
Program Service Revenue $0
Investment Income $24,534
Other Revenue $0
TOTAL REVENUE $38,534

Expense Breakdown

Grants Paid $33,300
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,567
Other Expenses $43,853
TOTAL EXPENSES $77,153

Year-over-Year Comparison

2025 2024 Change
Revenue $38,534 $70,883 -0.5%
Expenses $77,153 $41,445 +0.9%
Net Income $-38,619 $29,438 -2.3%
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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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

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
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL ADEMA PRESIDENT 2.00
Officer Director
$0 $0 $0
AMY BRUSIE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JANET ELLIS SECRETARY 2.00
Officer Director
$0 $0 $0
ROB VAN NUYS TREASURER 2.00
Officer Director
$0 $0 $0
KEN FLEMING BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL PRICE BOARD MEMBER 1.00
Director
$0 $0 $0
JIM CUNEO BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER BRUNNER BOARD MEMBER 1.00
Director
$0 $0 $0
ALYSSA MILLIRON BOARD MEMBER 1.00
Director
$0 $0 $0
JAMI MCNAMEE BOARD MEMBER 1.00
Director
$0 $0 $0
VIRGINIA MERICA BOARD MEMBER 1.00
Director
$0 $0 $0
DONNA DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
GEMA KNIPE BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN WINTER BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
EMILIE WILSON BOARD MEMBER 1.00
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
2025 $38,534 $77,153 $763,058 $-38,619
2024 $70,883 $41,445 $800,396 $29,438
2023 $50,836 $45,159 $772,458 $5,677
2022 $44,520 $32,491 $765,281 $12,029
2021 $43,767 $27,588 $756,724 $16,179
2020 $43,006 $32,393 $746,889 $10,613
2019 $72,767 $33,836 $738,948 $38,931
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