ATRIUM AUXILIARY MIDDLETOWN (EIN 316066433) - 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

1924

Legal Domicile

Principal Officer

JEFF ABELE

Phone

5134205144

Tax Period

2023-01-01 to 2023-12-31

ATRIUM AUXILIARY MIDDLETOWN, founded in 1924, is a micro nonprofit in the Health Care sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $141K exceeded revenue, resulting in a 128% operating deficit.

Mission

OUR MISSION AS AN AUXILIARY IS TO PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND CURRENT COLLEGE STUDENTS WHO ARE PURSUING A CAREER IN A HEALTHCARE RELATED FIELD AS WELL AS PROVIDE FUNDING TO ATRIUM MEDICAL CENTER AND ATRIUM FOUNDATION FOR VARIOUS PROJECTS AS NEEDED.

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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 $61,031

Program Service Revenue $0

Investment Income $24

Other Revenue $795

TOTAL REVENUE $61,850

Expense Breakdown

Grants Paid $130,600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,484

Other Expenses $10,299

TOTAL EXPENSES $140,899

Year-over-Year Comparison

	2023	2022	Change
Revenue	$61,850	$79,009	-0.2%
Expenses	$140,899	$59,083	+1.4%
Net Income	$-79,049	$19,926	-5.0%

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

104

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
CAROLE SCHUL	PRESIDENT & SCHOLARSHIPS CO-CHAIR	1.00	Officer Director	$0	$0	$0
JEFF ABELE	PRESIDENT ELECT & TREASURER	1.00	Officer Director	$0	$0	$0
DEBBIE COVER	VP MEMBERSHIP	1.00	Officer Director	$0	$0	$0
DEB DUNCAN	VP PROGRAMS	1.00	Officer Director	$0	$0	$0
TOM DOWDEN	RECORDING SECRETARY & PR	1.00	Officer Director	$0	$0	$0
PATTI GAGE	CORRESPONDING SEC. & FINAN	1.00	Officer Director	$0	$0	$0
LIBBY ABELE	TRUSTEE	1.00	Director	$0	$0	$0
NANCY HARDIN	TRUSTEE	1.00	Director	$0	$0	$0
DEE MARKLE	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$61,850	$140,899	$47,089	$-79,049
2022	$79,009	$59,083	$126,138	$19,926
2021	$75,303	$133,928	$106,212	$-58,625
2020	$85,272	$139,839	$160,370	$-54,567
2019	$105,683	$81,517	$184,994	$24,166
2019	$132,638	$81,517	$211,949	$51,121
2018	$111,057	$123,368	$155,553	$-12,311

ATRIUM AUXILIARY MIDDLETOWN