SALEM TOWNSHIP HOSPITAL FOUNDA

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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

2008

Legal Domicile

Principal Officer

MYRON LLOYD

Tax Period

2023-01-01 to 2023-12-31

SALEM TOWNSHIP HOSPITAL FOUNDA, founded in 2008, is a micro nonprofit in the Education sector that reported $45K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $26K, a strong 59% operating margin.

Mission

TO RAISE FUNDS FOR ACQUISITION OF CAPITAL EQUIPMENT AND IMPROVEMENTS TO THE SALEM TOWNSHIP HOSPITAL

Program Service Accomplishments

Program 1

Expenses: $14,750

SCHOLARSHIPS FOR STUDENTS IN THE HEALTHCARE FIELD TO FILL THE NEEDS

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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 (2023)

Revenue Breakdown

Contributions & Grants $43,160

Program Service Revenue $0

Investment Income $1,878

Other Revenue $0

TOTAL REVENUE $45,038

Expense Breakdown

Grants Paid $15,750

Salaries & Benefits $0

Fundraising Expenses $75

Program Expenses $14,750

Other Expenses $2,847

TOTAL EXPENSES $18,597

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,038	$54,780	-0.2%
Expenses	$18,597	$21,867	-0.1%
Net Income	$26,441	$32,913	-0.2%

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
MYRON LLOYD	PRESIDENT	5	Officer	$0	$0	$0
OLA CHAPMAN	VICE PRESIDENT	5	Officer	$0	$0	$0
SUSAN KNAPP	TREASURER	5	Officer	$0	$0	$0
DENISE BURKE	DIRECTOR	1	Director	$0	$0	$0
JOYCE BRUCE	DIRECTOR	1	Director	$0	$0	$0
LEON CHAPMAN	DIRECTOR	1	Director	$0	$0	$0
MIKE LEWIS	DIRECTOR	1	Director	$0	$0	$0
SANDIE PHILLIP	DIRECTOR	1	Director	$0	$0	$0
SUE ROSE	DIRECTOR	1	Director	$0	$0	$0
BARBARA SCHOON	DIRECTOR	1	Director	$0	$0	$0
CHARIYA TAWJAR	DIRECTOR	1	Director	$0	$0	$0
SHARON WOODWAR	DIRECTOR	1	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
2023	$45,038	$18,597	$233,816	$26,441
2022	$54,780	$21,867	$205,907	$32,913
2021	$45,754	$15,293	$178,498	$30,461
2020	$48,796	$65,547	$140,605	$-16,751
2019	$102,293	$67,129	$160,492	$35,164
2018	$57,249	$65,269	$124,124	$-8,020