HALIFAX MEDICAL CENTER EMPLOYEE SERVICE FUND INC (EIN 237337259) - 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

1996

Legal Domicile

Principal Officer

TAMMY FOUT

Phone

3862264587

Tax Period

2023-10-01 to 2024-09-30

HALIFAX MEDICAL CENTER EMPLOYEE SERVICE FUND INC, founded in 1996, is a micro nonprofit that reported $83K in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $106K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE PURPOSE OF THE EMPLOYEES COMMUNITY SERVICE FUND IS TO HELP MEET THE NEEDS OF LOCAL HEALTH RELATED ORGANIZATIONS AND CHARITIES BY DISTRIBUTING TAX-DEDUCTIBLE CONTRIBUTIONS FROM ITS MEMBERS.

🔒

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 $83,250

Program Service Revenue $0

Investment Income $68

Other Revenue $0

TOTAL REVENUE $83,318

Expense Breakdown

Grants Paid $105,433

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,538

Other Expenses $105

TOTAL EXPENSES $105,538

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,318	$195,063	-0.6%
Expenses	$105,538	$200,054	-0.5%
Net Income	$-22,220	$-4,991	+3.5%

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

N/A

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
SHERRI BECKER	CO-VICE PRES	5.00	Officer	$0	$0	$0
JESSICA FACCIPONTI	CO-SECRETARY	5.00	Officer	$0	$0	$0
TAMMY FOUT	CO-TREASURER	5.00	Officer	$0	$0	$0
SARA GALLAGHER	CO-PRESIDENT	5.00	Officer	$0	$0	$0
NANCY PHELAN	CO-PRESIDENT	5.00	Officer	$0	$0	$0
JENNIFER RICHARDS	CO-TREASURER	5.00	Officer	$0	$0	$0
ELGIN WELCH	CO-TREASURER	5.00	Officer	$0	$0	$0
RUBY WILLIAMS	CO-VICE PRES	5.00	Officer	$0	$0	$0
ASHLEY WOHLFORD	CO-SECRETARY	5.00	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	$83,318	$105,538	$181,640	$-22,220
2023	$195,063	$200,054	$200,415	$-4,991
2022	$66,532	$77,162	$205,406	$-10,630
2021	$109,859	$117,827	$216,036	$-7,968
2020	$105,911	$107,352	$224,004	$-1,441
2019	$161,173	$156,499	$225,445	$4,674
2018	$212,918	$189,394	$220,771	$23,524

HALIFAX MEDICAL CENTER EMPLOYEE SERVICE FUND INC