GROVE CITY HEALTH CARE FOUNDATION

EIN: 320070803 501(c)(3) Health Care

GROVE CITY, PA

Total Revenue
$2,553,324
Total Expenses
$1,225,754
Total Assets
$33,609,940
Net Assets
$33,603,690
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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
2003
Legal Domicile
PA
Principal Officer
TIMOTHY BONNER
Phone
7244589550
Tax Period
2023-07-01 to 2024-06-30

GROVE CITY HEALTH CARE FOUNDATION, founded in 2003, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 52% operating margin.

Mission

TO INVEST BROADLY IN CHARITABLE, HEALTH CARE AND WELLNESS INITIATIVES IN THE GROVE CITY REGIONAL AREA, INCLUDING MAKING CONTRIBUTIONS TO SUPPORT EXISTING PROGRAMS, SERVICES AND FACILITY ENHANCEMENTS, AS WELL AS NEW PROGRAMS, FACILITIES AND SERVICES; TO IDENTIFY AND ADDRESS THE DIVERSE HEALTH CARE AND WELLNESS NEEDS OF PERSONS WITHIN THE GROVE CITY REGIONAL AREA; TO SERVE AT ALL TIMES AS A COMMUNITY ASSET FOR THE BETTERMENT OF THE HEALTH CARE AND WELLNESS OF THE GROVE CITY REGIONAL AREA; AND TO ENGAGE IN ANY AND ALL ACTIVITIES CONSISTENT WITH AND IN FURTHERANCE OF THE ABOVE PURPOSES.

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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 $0
Program Service Revenue $0
Investment Income $2,553,324
Other Revenue $0
TOTAL REVENUE $2,553,324

Expense Breakdown

Grants Paid $1,122,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,122,250
Other Expenses $103,504
TOTAL EXPENSES $1,225,754

Year-over-Year Comparison

2023 2022 Change
Revenue $2,553,324 $1,133,068 +1.3%
Expenses $1,225,754 $405,512 +2.0%
Net Income $1,327,570 $727,556 +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
N/A
Volunteers
10

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY BONNER CHAIRMAN 1.00
Officer Director
$0 $0 $0
ERNEST MAY VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ROGER TOWLE TREASURER 1.00
Officer Director
$0 $0 $0
BRADLEY SMITH SECRETARY 1.00
Officer Director
$0 $0 $0
LEE ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE POLAND BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES BENEDICT BOARD MEMBER 1.00
Director
$0 $0 $0
DR HEATHER MOURTACOS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD STEVENSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER CLARK BOARD MEMBER 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
2025 No data No data No data No data
2024 $2,553,324 $1,225,754 $33,609,940 $1,327,570
2023 $1,133,068 $405,512 $30,299,197 $727,556
2022 $2,784,838 $358,536 $27,427,959 $2,426,302
2021 $1,077,692 $444,659 $32,219,906 $633,033
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