TITUSVILLE AREA HEALTH CENTER FOUN… - 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

1984

Legal Domicile

Phone

8148271851

Tax Period

2024-07-01 to 2025-06-30

TITUSVILLE AREA HEALTH CENTER FOUNDATION, founded in 1984, is a small nonprofit that reported $400K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $313K, a strong 78% operating margin.

Mission

IT IS THE PURPOSE OF THE TITUSVILLE AREA HEALTH CENTER FOUNDATION TO PROVIDE FUNDS TO FURTHER SUPPORT THE OPERATION AND MAINTENANCE OF SERVICES AND PROGRAMS OF ITS AFFILIATED ENTITIES. (CONTINUED ON SCHEDULE O)

Program Service Accomplishments

Program 1

Expenses: $42,584 Revenue: $0

FUNDRAISING PROGRAMS TO RAISE FUNDS ON BEHALF OF TITUSVILLE AREA HOSPITAL THROUGH VARIOUS EVENTS AND MAINTAINING ENDOWMENT AND FUNDED DEPRECIATION INVESTMENTS FOR THE HOSPITAL.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $275,804

Program Service Revenue $0

Investment Income $128,703

Other Revenue $-4,309

TOTAL REVENUE $400,198

Expense Breakdown

Grants Paid $28,000

Salaries & Benefits $35,534

Fundraising Expenses $36,179

Program Expenses $42,584

Other Expenses $24,005

TOTAL EXPENSES $87,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,198	$462,249	-0.1%
Expenses	$87,539	$74,363	+0.2%
Net Income	$312,659	$387,886	-0.2%

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

$567,588

Total Directors

$377,840

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN WINGER	CHAIRPERSON	1.0	Officer Director	$0	$0	$0
LARRY FLEDDERMAN	VICE CHAIRPERSON/SECRETARY	1.0	Officer Director	$0	$0	$0
MARIEL HANELY	TREASURER	1.0	Officer Director	$0	$17,481	$103,346
ABBE POPESCU	DIRECTOR	1.0	Director	$0	$0	$0
AMY FELTON	DIRECTOR	1.0	Director	$0	$0	$0
AMY RUOT	DIRECTOR BEG 10/2024	1.0	Director	$0	$0	$0
BARBARA ENGLISH	DIRECTOR	1.0	Director	$0	$0	$0
BOB WAHLMARK	DIRECTOR BEG 10/2024	1.0	Director	$0	$0	$0
HOLLI WOLFE	DIRECTOR	1.0	Director	$0	$15,161	$191,533
JOYCE MILBERG	DIRECTOR	1.0	Director	$0	$0	$0
MICHELLE BURDICK	DIRECTOR BEG 10/2024	1.0	Director	$0	$13,537	$82,961
SHAWN SAMPSON	DIRECTOR BEG 10/2024	1.0	Director	$0	$0	$0
SUE MCDOWELL	DIRECTOR	1.0	Director	$0	$0	$0
LEE M CLINTON	CEO/PRESIDENT	2.0	Officer	$20,997	$44,304	$464,242

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	$400,198	$87,539	$2,543,538	$312,659
2024	$462,249	$74,363	$2,125,892	$387,886
2023	$431,714	$60,060	$2,143,464	$371,654
2022	$548,634	$48,226	$2,416,105	$500,408
2021	$601,772	$57,482	$2,444,837	$544,290
2020	$657,278	$50,499	$1,908,737	$606,779
2019	$396,551	$60,704	$2,095,582	$335,847
2018	$350,355	$68,531	$1,916,112	$281,824

TITUSVILLE AREA HEALTH CENTER FOUNDATION