HEALTH RESOURCE CENTER OF CINCINNATI INC

EIN: 311706273 501(c)(3) Health Care

CINCINNATI, OH

Total Revenue
$325,858
Total Expenses
$319,426
Total Assets
$654,289
Net Assets
$614,331
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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
1995
Legal Domicile
OH
Principal Officer
RANDY STRUNK
Phone
5136211117
Tax Period
2023-01-01 to 2023-12-31

HEALTH RESOURCE CENTER OF CINCINNATI INC, founded in 1995, is a small nonprofit in the Health Care sector that reported $326K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

THE HEALTH RESOURCE CENTER OF CINCINNATI, INC. IS A NURSE MANAGED CLINIC THAT PROVIDES AFFORDABLE HEALTH CARE FOR LOW-INCOME, INDIGENT, AND HOMELESS ADULTS AND TRANSITIONAL YOUTH WITH SERIOUS AND CHRONIC MENTAL, EMOTIONAL, BEHAVIORAL, AND/OR SUBSTANCE ABUSE DISORDERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $95,172
Program Service Revenue $219,096
Investment Income $12,019
Other Revenue $-429
TOTAL REVENUE $325,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $249,846
Fundraising Expenses $14
Program Expenses $287,237
Other Expenses $69,580
TOTAL EXPENSES $319,426

Year-over-Year Comparison

2023 2022 Change
Revenue $325,858 $270,281 +0.2%
Expenses $319,426 $269,258 +0.2%
Net Income $6,432 $1,023 +5.3%
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

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
7

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE MAAS BOARD CHAIR & PRESID 14.00
Officer Director
$0 $0 $0
MARGARET CHAMPION TREASURER 1.00
Officer Director
$0 $0 $0
DAVID LOGAN BOARD MEMBER 1.00
Director
$0 $0 $0
BOBBY OAKWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
DR MICHAEL GUREASKO BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS ENGLE BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE GROMLEY BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN HOESL BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY LAUER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
ROSALIND SMITH SISTRUNK BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY STRUNK ADMINISTRATOR 14.00
Officer
$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
2024 No data No data No data No data
2023 $325,858 $319,426 $654,289 $6,432
2022 $270,281 $269,258 $626,953 $1,023
2021 $366,513 $306,623 $650,908 $59,890
2020 $398,750 $220,952 $570,814 $177,798
2019 $240,518 $233,199 $377,154 $7,319
2018 $249,928 $228,865 $380,702 $21,063
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