QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION (EIN 263038062) - 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

2007

Legal Domicile

Principal Officer

AMY BANGERT

Phone

2172226550

Tax Period

2024-01-01 to 2024-12-31

QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $333K in total revenue in fiscal year 2018. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $206K, a strong 62% operating margin.

Mission

THE QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION IS COMMITTED TO SUPPORTING LOCAL COMMUNITY PROJECTS THAT IMPROVE HEALTH AND WELL-BEING, FOSTER MEDICAL EDUCATION AND PROMOTE RESEARCH. THE FOUNDATION SOLICITS DONATIONS AND GIVES TO ORGANIZATIONS THAT PROMOTE THE MISSION.

🔒

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 $241,988

Program Service Revenue $0

Investment Income $15,184

Other Revenue $156,777

TOTAL REVENUE $413,949

Expense Breakdown

Grants Paid $232,306

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $272,517

Other Expenses $52,482

TOTAL EXPENSES $284,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,949	$338,929	+0.2%
Expenses	$284,788	$251,686	+0.1%
Net Income	$129,161	$87,243	+0.5%

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

195

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

$323,507

Total Directors

$361,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE MASON	PRESIDENT	0.50	Officer Director	$0	$0	$67,660
AMY HASTING	VICE PRESIDENT	0.50	Officer Director	$0	$0	$71,376
MARISSA RADCLIFFE	DIRECTOR	0.50	Director	$0	$0	$45,128
HOLLY BOOTH	DIRECTOR	0.50	Director	$0	$0	$39,126
THERESA STOLL	DIRECTOR	0.50	Director	$0	$0	$50,302
CINDY COOK	DIRECTOR	0.50	Director	$0	$0	$87,408
AMY BANGERT	TREASURER	3.00	Officer	$0	$0	$184,471

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	$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

QUINCY MEDICAL GROUP HEALTHCARE FOUNDATION