New Vision Medical Laboratories Inc

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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

2000

Legal Domicile

Phone

4192269366

Tax Period

2024-01-01 to 2024-12-31

Mission

The primary exempt purpose of New Vision Medical Laboratories, Inc. is to provide laboratory services to its exempt member patron hospitals.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE PRIMARY EXEMPT PURPOSE OF NEW VISION MEDICAL LABORATORIES, INC. IS TO PROVIDE LABORATORY SERVICES TO ITS EXEMPT MEMBER PATRON HOSPITALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$17,473,659	-1.0%
Expenses	N/A	$17,473,659	-1.0%
Net Income	N/A	$0	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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

$1,837,862

Total Directors

$1,684,860

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nikki Hutchison	CFO - Mercy Health Lima (Beg 05/2024)	1.0	Officer Director	$0	$43,612	$181,079
RONDA LEHMAN	President - Mercy Health Lima	1.0	Officer Director	$0	$231,219	$1,266,943
TIMOTHY RIEGER	CFO - Mercy Health Lima (End 05/2024)	1.0	Officer Director	$0	$-54,131	$236,838
Daniel Myers	Executive Director	1.0	Officer	$0	$29,950	$153,002

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	$6,038	No data
2023	$17,473,659	$17,473,659	$1,445,641	No data
2022	$18,223,850	$18,223,850	$1,964,375	No data
2021	$17,074,145	$17,074,145	$1,846,995	No data
2020	$16,855,349	$16,855,349	$1,000,769	No data
2019	$14,962,921	$14,962,921	$787,101	No data
2018	$15,371,349	$15,371,349	$380,571	No data