WESTERN RESERVE HEALTH FOUNDATION (EIN 341461047) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

CASEY KRELL

Phone

3307435555

Tax Period

2023-01-01 to 2023-12-31

WESTERN RESERVE HEALTH FOUNDATION, founded in 1984, is a small nonprofit in the Health Care sector that reported $802K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $700K left a modest 13% surplus.

Mission

THE PURPOSE OF THE FOUNDATION IS TO CARRY OUT THE CHARITABLE ACTIVITIES OF THE COMMUNITY FOUNDATION OF THE MAHONING VALLEY RELATED TO OR IN PROMOTION OF HEALTH CARE SERVICES OR HEALTH CARE EDUCATION IN YOUNGSTOWN OR MAHONING COUNTY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,765

Program Service Revenue $0

Investment Income $794,441

Other Revenue $0

TOTAL REVENUE $802,206

Expense Breakdown

Grants Paid $539,802

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $635,234

Other Expenses $160,385

TOTAL EXPENSES $700,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$802,206	$632,236	+0.3%
Expenses	$700,187	$849,157	-0.2%
Net Income	$102,019	$-216,921	-1.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP DENNISON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DORIS BULLOCK	TRUSTEE	1.00	Director	$0	$0	$0
LEIGH GREENE	TRUSTEE	1.00	Director	$0	$0	$0
BENJAMIN MCGEE	TRUSTEE	1.00	Director	$0	$0	$0
DR MICHAEL MILADORE	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	$802,206	$700,187	$17,026,646	$102,019
2022	$632,236	$849,157	$15,512,762	$-216,921
2021	$1,760,924	$815,917	$19,200,456	$945,007
2020	$440,566	$759,597	$17,337,958	$-319,031
2019	$1,419,988	$688,183	$16,313,242	$731,805
2018	$1,282,586	$537,893	$14,111,834	$744,693

WESTERN RESERVE HEALTH FOUNDATION