LAPORTE HOSPITAL FOUNDATION INC

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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

1978

Legal Domicile

Principal Officer

MARIA V FRUTH

Phone

2193262471

Tax Period

2020-01-01 to 2020-12-31

LAPORTE HOSPITAL FOUNDATION INC, founded in 1978, is a micro nonprofit that reported $17K in total revenue in fiscal year 2020. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 43% operating deficit.

Mission

TO SUPPORT HEALTHCARE AND HEALTHY LIFESTYLES IN THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $9,983 Revenue: $0

DIRECT CANCER PATIENT ASSISTANCE AND SUPPORT FOR PATIENT NEEDS

Program 2

Expenses: $4,178 Revenue: $0

GRANTS FOR THE SUPPORT OF COMMUNITY WELLNESS AND REHABILITATION EDUCATION.

Program 3

Expenses: $4,787 Revenue: $0

STUDENT HEALTHCARE SCHOLARSHIPS AND GRANTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $16,880

Program Service Revenue $0

Investment Income $97

Other Revenue $0

TOTAL REVENUE $16,977

Expense Breakdown

Grants Paid $18,948

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,948

Other Expenses $5,383

TOTAL EXPENSES $24,331

Year-over-Year Comparison

	2020	2019	Change
Revenue	$16,977	$27,505	-0.4%
Expenses	$24,331	$24,469	0.0%
Net Income	$-7,354	$3,036	-3.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
STEVEN KRING	BOARD CHAIR	Officer Director	$0	$0	$0
FRANK CARDELLO	BOARD VICE CHAIR	Officer Director	$0	$0	$0
ROBERT HAMILTON	TREASURER	Officer Director	$0	$0	$0
JEFF BERNEL	BOARD MEMBER	Director	$0	$0	$0
MARIA FRUTH	PRESIDENT & CEO	Officer 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
2020	$16,977	$24,331	No data	$-7,354