Belmont Community Hospital (EIN 340714643) - 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

1903

Legal Domicile

Principal Officer

William Bane

Phone

3042433801

Tax Period

2023-01-01 to 2023-12-31

Belmont Community Hospital, founded in 1903, is a micro nonprofit in the Health Care sector that reported $17K in total revenue in fiscal year 2023. Expenses of $68K exceeded revenue, resulting in a 297% operating deficit.

Mission

To provide needed care to the community regardless of an individuals ability to pay.

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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 $0

Program Service Revenue $15,577

Investment Income $26

Other Revenue $1,555

TOTAL REVENUE $17,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $-13,169

Fundraising Expenses $0

Program Expenses $41

Other Expenses $81,286

TOTAL EXPENSES $68,117

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,158	$-126,952	-1.1%
Expenses	$68,117	$446,226	-0.8%
Net Income	$-50,959	$-573,178	-0.9%

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

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

$374,334

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bruce A Archer	VP/General Counsel	001.00	Director	$0	$70,642	$374,334
Robert A Bittengle	Trustee	001.00	Director	$0	$0	$0
Jeffrey A Patey MD	Trustee	001.00	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	$17,158	$68,117	$1,129,891	$-50,959
2022	$-126,952	$446,226	$1,181,298	$-573,178
2021	$86,981	$108,778	$1,279,443	$-21,797
2021	$-194,667	$731,357	$1,452,597	$-926,024
2020	$372,158	$2,018,790	$9,057,963	$-1,646,632
2019	$9,869,804	$13,314,390	$10,730,280	$-3,444,586
2018	$20,810,394	$26,323,565	$13,436,666	$-5,513,171

Belmont Community Hospital