James L Kernan Hosp Endowment Fund Inc (EIN 237360743) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Phone

4104482500

Tax Period

2024-07-01 to 2025-06-30

James L Kernan Hosp Endowment Fund Inc, founded in 1974, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 99% operating margin.

Mission

HOLDS, OVERSEES AND DISBURSES ENDOWMENT FUNDS FOR THE JAMES LAWRENCE KERNAN HOSPITAL (JLKH).

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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 $0

Program Service Revenue $0

Investment Income $3,014,530

Other Revenue $0

TOTAL REVENUE $3,014,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $34,488

TOTAL EXPENSES $34,488

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,014,530	$1,809,225	+0.7%
Expenses	$34,488	$29,631	+0.2%
Net Income	$2,980,042	$1,779,594	+0.7%

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

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
DAVIS VR SHERMAN	PRESIDENT AND SECRETARY	1.0	Officer Director	$0	$0	$0
WILLIAM F PECK	TREASURER	1.0	Officer Director	$0	$0	$0
ABBY HOLMES	DIRECTOR	1.0	Director	$0	$0	$0
HENRY A GRANDIZIO CPA	DIRECTOR	1.0	Director	$0	$0	$0
JIM ROSS	DIRECTOR	1.0	Director	$0	$0	$0
JOHN T CHAY	DIRECTOR	1.0	Director	$0	$0	$0
MICHAEL T WILMOT	DIRECTOR	1.0	Director	$0	$0	$0
MOHAN SUNTHA MD	DIRECTOR	1.0	Director	$0	$0	$0
PHIL GOLDEN	DIRECTOR	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
2025	$3,014,530	$34,488	$47,507,253	$2,980,042
2024	$1,809,225	$29,631	$43,025,460	$1,779,594
2023	$1,325,691	$7,040,442	$37,632,480	$-5,714,751
2022	$2,454,367	$176,001	$40,410,719	$2,278,366
2021	$2,949,727	$153,436	$46,297,455	$2,796,291
2020	$831,408	$142,648	$33,982,376	$688,760
2019	$1,437,078	$142,316	$33,099,205	$1,294,762
2018	$2,245,399	$165,549	$31,804,443	$2,079,850

James L Kernan Hosp Endowment Fund Inc