TUG RIVER HEALTH ASSOCIATION INC (EIN 310889458) - Form 990 Financial Analysis & Trantor Score

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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

1976

Legal Domicile

Principal Officer

ANDREA THORNTON

Phone

3044482101

Tax Period

2024-02-01 to 2025-01-31

TUG RIVER HEALTH ASSOCIATION INC, founded in 1976, is a mid-sized nonprofit in the Health Care sector that reported $12.1M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $11.0M left a modest 10% surplus.

Mission

TO ASSURE THE AVAILABILITY OF AFFORDABLE, QUALITY HEALTH CARE SERVICES AND CONTINUAL EDUCATION AND SOCIAL SERVICE INTERVENTIONS TO THE RESIDENTS OF MCDOWELL AND WYOMING COUNTIES AND THEIR CONTIGUOUS AREAS IN SOUTHERN, WV. THE ORGANIZATION IS ALSO DEDICATED TO ESTABLISHING TEACHING HEALTH CENTERS FOR THE TRAINING OF PRIMARY CARE MEDICAL RESIDENTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,757,563

Program Service Revenue $8,783,206

Investment Income $583,686

Other Revenue $0

TOTAL REVENUE $12,124,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,986,568

Fundraising Expenses $0

Program Expenses $8,302,476

Other Expenses $5,969,130

TOTAL EXPENSES $10,955,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,124,455	$10,032,716	+0.2%
Expenses	$10,955,698	$8,450,032	+0.3%
Net Income	$1,168,757	$1,582,684	-0.3%

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

Volunteers

N/A

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

$516,161

Total Directors

$516,161

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LUSHBAUGH	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM SPENCER	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DAVID DUNSON	TREASURER	40.00	Officer Director	$180,650	$0	$180,650
RHONDA SUE ROSE	BOARD MEMBER	1.00	Director	$0	$0	$0
LANA KIBBEY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN J SIDOTE	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES MATTHEWS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
GAIL DAVIDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA THORNTON	CEO	40.00	Officer Director	$122,119	$0	$122,119
JENNY COLE	CFO	40.00	Officer Director	$105,738	$0	$105,738
CHERYL MITCHEM	SECRETARY	40.00	Officer Director	$107,654	$0	$107,654
VERONICA CUMMINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH CURRY	BOARD MEMBER	1.00	Director	$0	$0	$0
KEISHA SAUNDERS	NURSE PRACTITIONER	40.00	Highest	$135,891	$0	$135,891
JOHN FOREHAND	MD	50.00	Highest	$298,379	$0	$298,379
JOANNA BAILEY	MD	40.00	Highest	$253,014	$0	$253,014
MOHAMMAD ASHIR	MD	40.00	Highest	$200,206	$0	$200,206
ROBIN RIDDLE	NURSE PRACTITIONER	40.00	Highest	$131,173	$0	$131,173

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	$12,124,455	$10,955,698	$22,485,089	$1,168,757
2024	$10,032,716	$8,450,032	$21,448,752	$1,582,684
2023	$9,411,153	$6,783,107	$18,783,627	$2,628,046
2022	$8,715,812	$6,279,546	$16,253,589	$2,436,266
2021	$9,277,426	$6,761,419	$14,290,262	$2,516,007
2020	$7,848,624	$5,460,223	$10,964,814	$2,388,401
2019	$6,626,601	$4,778,039	$8,414,715	$1,848,562

TUG RIVER HEALTH ASSOCIATION INC