ROBINSON MEMORIAL HOSPITAL FOUNDAT… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

JOHN RYAN

Phone

3302972331

Tax Period

2023-01-01 to 2023-12-31

ROBINSON MEMORIAL HOSPITAL FOUNDATION, founded in 1985, is a small nonprofit in the Health Care sector that reported $578K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $99K, a strong 17% operating margin.

Mission

SUPPORT AND ASSIST UNIVERSITY HOSPITALS PORTAGE MEDICAL CENTER IN ITS EFFORTS TO SERVE THE NEEDS OF PORTAGE COUNTY RESIDENTS AND ITS SURROUNDING COMMUNITIES BY PROVIDING FUNDING FOR ENHANCED OR ADDITIONAL PROGRAMS THAT OTHERWISE MIGHT NOT BE AVAILABLE.

Program Service Accomplishments

Program 1

Expenses: $451,582

THE FOUNDATION GRANTS ASSISTANCE TO UNIVERSITY HOSPITALS PORTAGE MEDICAL CENTER TO FURTHER ENHANCE THE MEDICAL CENTER'S MISSION AND COMMUNITY BENEFIT.

Program 2

Expenses: $16,000

THE FOUNDATION GRANTS SCHOLARSHIPS TO INDIVIDUALS OF THE COMMUNITY.

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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 $324,958

Program Service Revenue $0

Investment Income $253,407

Other Revenue $0

TOTAL REVENUE $578,365

Expense Breakdown

Grants Paid $287,174

Salaries & Benefits $187,047

Fundraising Expenses $0

Program Expenses $467,582

Other Expenses $4,877

TOTAL EXPENSES $479,098

Year-over-Year Comparison

	2023	2022	Change
Revenue	$578,365	$726,352	-0.2%
Expenses	$479,098	$1,252,365	-0.6%
Net Income	$99,267	$-526,013	-1.2%

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

$169,327

Total Directors

$1,470,207

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOYKIN ROXIA	DIRECTOR/VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RIEMENSCHNEIDER DANIEL R CPA	DIRECTOR/PRESIDENT (END 05/23)	2.00	Officer Director	$0	$0	$0
RYAN JOHN	DIRECTOR/PRESIDENT	2.00	Officer Director	$0	$0	$0
STANDARDI ROBERT	DIRECTOR/TREASURER/SECRETARY	2.00	Officer Director	$0	$0	$0
AMBUSKE GAIL	DIRECTOR	2.00	Director	$0	$0	$0
BENOIT WILLIAM	DIRECTOR	2.00	Director	$0	$60,531	$584,400
BOND BRADLEY C	DIRECTOR	2.00	Director	$0	$62,070	$687,037
CAN ERROL	DIRECTOR	2.00	Director	$0	$0	$0
CONLEY KAREN	DIRECTOR	2.00	Director	$0	$0	$0
DIX DAVID	DIRECTOR	2.00	Director	$0	$0	$0
FERNER GREGORY E MD	DIRECTOR	2.00	Director	$0	$0	$0
FLEMING JAMES	DIRECTOR	2.00	Director	$0	$0	$0
FOWLER JEFFREY R	DIRECTOR (END 05/23)	2.00	Director	$0	$0	$0
GIULITTO JUDGE JOSEPH	DIRECTOR	2.00	Director	$0	$0	$0
GRAY WISE DONNA	DIRECTOR	2.00	Director	$0	$0	$0
HAYES JUDGE JERRY L	DIRECTOR	2.00	Director	$0	$0	$0
JOHNSON-MALLARD VERSIE	DIRECTOR	2.00	Director	$0	$0	$0
LAWLESS-ANDRIC DANA	DIRECTOR	2.00	Director	$0	$0	$0
MADONIO CHARLES CHAS	DIRECTOR	2.00	Director	$0	$0	$0
MAZANETZ MIKE	DIRECTOR	2.00	Director	$0	$0	$0
MEYERS JEFFREY G	DIRECTOR (END 11/23)	2.00	Director	$0	$0	$0
MINOTT HOWARD	DIRECTOR	2.00	Director	$0	$20,090	$198,770
POPP ANDREW	DIRECTOR	2.00	Director	$0	$0	$0
SLATTERY LORI	DIRECTOR	2.00	Director	$0	$0	$0
SMITH RANDALL MD	DIRECTOR	2.00	Director	$0	$0	$0
SNODE MARTY	DIRECTOR	2.00	Director	$0	$0	$0
SORRICK ROXANNE	DIRECTOR	2.00	Director	$0	$0	$0
TSAI RN BRANDY	DIRECTOR (END 05/23)	2.00	Director	$0	$0	$0
WALTER JAMES	DIRECTOR	2.00	Director	$0	$0	$0
WASHBURN DAN	DIRECTOR	2.00	Director	$0	$0	$0
WELLING NORMA	DIRECTOR	2.00	Director	$0	$0	$0
WHITE EDDYE RENEE	DIRECTOR	2.00	Director	$0	$0	$0
GORDON SHAWN	EXECUTIVE DIRECTOR	20.00	Officer	$0	$23,530	$169,327

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	$578,365	$479,098	$6,135,795	$99,267
2022	$726,352	$1,252,365	$5,960,898	$-526,013
2021	$1,117,601	$481,651	$6,388,348	$635,950
2020	$1,211,199	$1,310,781	$6,513,978	$-99,582
2019	$1,048,018	$284,137	$7,341,653	$763,881
2018	$1,427,418	$3,465,382	$6,357,491	$-2,037,964

ROBINSON MEMORIAL HOSPITAL FOUNDATION