QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION

EIN: 263038062 501(c)(3) Philanthropy & Grantmaking

QUINCY, IL

Total Revenue
$446,418
Total Expenses
$261,325
Total Assets
$1,042,230
Net Assets
$1,040,930
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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
2007
Legal Domicile
IL
Principal Officer
AMY BANGERT
Phone
2172226550
Tax Period
2025-01-01 to 2025-12-31

QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $446K in total revenue in fiscal year 2025. The organization ran a surplus of $185K, a strong 41% operating margin.

Mission

THE QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION WILL SUPPORT THE HEALTH AND WELL-BEING OF THE INDIVIDUALS AND COMMUNITIES WE SERVE, FOSTER COMMUNITY DEVELOPMENT INITIATIVES, AND PROVIDE RESOURCES FOR PROGRAMS AND PARTNERSHIPS.

Program Service Accomplishments

Program 1
Expenses: $241,637

SUPPORT LOCAL COMMUNITY PROJECTS THAT IMPROVE HEALTH AND WELL-BEING, FOSTER MEDICAL EDUCATION AND PROMOTE RESEARCH. THE QUINCY MEDICAL GROUP DONATED SERVICES VALUED AT $215,778 TO SUPPORT THE...

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SUPPORT LOCAL COMMUNITY PROJECTS THAT IMPROVE HEALTH AND WELL-BEING, FOSTER MEDICAL EDUCATION AND PROMOTE RESEARCH. THE QUINCY MEDICAL GROUP DONATED SERVICES VALUED AT $215,778 TO SUPPORT THE FOUNDATION'S PROGRAM SERVICES.

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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 $224,007
Program Service Revenue $0
Investment Income $23,658
Other Revenue $198,753
TOTAL REVENUE $446,418

Expense Breakdown

Grants Paid $194,604
Salaries & Benefits $0
Fundraising Expenses $575
Program Expenses $241,637
Other Expenses $66,721
TOTAL EXPENSES $261,325

Year-over-Year Comparison

2025 2024 Change
Revenue $446,418 $413,949 +0.1%
Expenses $261,325 $284,788 -0.1%
Net Income $185,093 $129,161 +0.4%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
174

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
3
$321,079
Total Directors
7
$442,115
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE MASON PRESIDENT 0.50
Officer Director
$0 $0 $69,776
AMY HASTING VICE PRESIDENT 0.50
Officer Director
$0 $0 $73,303
MARISSA RADCLIFFE DIRECTOR 0.50
Director
$0 $0 $45,871
HOLLY BOOTH DIRECTOR 0.50
Director
$0 $0 $39,559
THERESA STOLL DIRECTOR 0.50
Director
$0 $0 $51,693
CINDY COOK DIRECTOR 0.50
Director
$0 $0 $91,687
JANICE WINN DIRECTOR 0.50
Director
$0 $0 $70,226
AMY BANGERT TREASURER 3.00
Officer
$0 $0 $178,000
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 $446,418 $261,325 $1,042,230 $185,093
2024 $413,949 $284,788 $861,144 $129,161
2023 $338,929 $251,686 $730,793 $87,243
2022 $381,785 $212,857 $645,105 $168,928
2021 $245,031 $244,124 $497,581 $907
2020 $326,846 $212,487 $494,107 $114,359
2019 $353,188 $237,742 $374,223 $115,446
2018 $332,811 $126,938 $256,344 $205,873
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