HANDS OF HOPE MEDICAL CLINIC INC

EIN: 275569145 501(c)(3) Health Care

YADKINVILLE, NC

Total Revenue
$307,418
Total Expenses
$385,099
Total Assets
$13,959
Net Assets
$13,959
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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
2011
Legal Domicile
NC
Principal Officer
BRIDGET BOYLES
Phone
3368497960
Tax Period
2024-01-01 to 2024-12-31

HANDS OF HOPE MEDICAL CLINIC INC, founded in 2011, is a small nonprofit in the Health Care sector that reported $307K in total revenue in fiscal year 2024. Expenses of $385K exceeded revenue, resulting in a 25% operating deficit.

Mission

To provide medical care for uninsured individuals in the Yadkinville area.

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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 (2024)

Revenue Breakdown

Contributions & Grants $303,399
Program Service Revenue $0
Investment Income $3,619
Other Revenue $400
TOTAL REVENUE $307,418

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,691
Fundraising Expenses $0
Program Expenses $385,099
Other Expenses $200,408
TOTAL EXPENSES $385,099

Year-over-Year Comparison

2024 2023 Change
Revenue $307,418 $310,214 0.0%
Expenses $385,099 $354,286 +0.1%
Net Income $-77,681 $-44,072 +0.8%
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
10
Independent Members
10
Employees
9
Volunteers
20

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
5
$106,419
Total Directors
10
$10,912
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGAN DIFFENBAUGH BOARD CHAIR 0.00
Officer Director
$0 $0 $0
BRIAN SCHOONOVER VICE CHAIR 0.00
Officer Director
$0 $0 $0
CARA WINSLOW SECRETARY 15.00
Officer
$11,285 $0 $11,285
SUSAN TICKLE TREASURER 0.00
Officer Director
$0 $0 $0
BRIDGET BOYLES EXECUTIVE DIRECTOR 40.00
Officer
$95,134 $0 $95,134
JAMES MCGRATH MEDICAL DIRECTOR 0.00
Director
$0 $0 $0
PATRICIA WILLIAMS DIRECTOR 0.00
Director
$0 $0 $0
MARY KATHERINE TAYLOR DIRECTOR 0.00
Director
$0 $0 $0
KELLY LAWS DIRECTOR 0.00
Director
$0 $0 $0
JEFF KADYLAK DIRECTOR 0.00
Director
$0 $0 $0
KATHY BRIGGS DIRECTOR 0.00
Director
$0 $0 $0
SAT KAUR KHALSA DIRECTOR 15.00
Director
$10,912 $0 $10,912
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 $307,418 $385,099 $13,959 $-77,681
2022 $396,854 $357,925 $127,500 $38,929
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