THE WALLACE S MURRAY AND FRANCES RABBITTS MURRAY MEMORIAL TRUST

EIN: 346827136 501(c)(3)

SPRINGFIELD, OH

Total Revenue
$72,446
Total Expenses
$6,490
Total Assets
$1,134,640
Net Assets
$1,134,640
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
OH
Phone
9373288134
Tax Period
2024-01-01 to 2024-12-31

THE WALLACE S MURRAY AND FRANCES RABBITTS MURRAY MEMORIAL TRUST, founded in 1973, is a micro nonprofit that reported $72K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $66K, a strong 91% operating margin.

Mission

TRUST INCOME IS TO BE USED FOR THE CARE OF THE INDIGENT SICK TREATED AT COMMUNITY MERCY HEALTH PARTNERS DBA SPRINGFIELD REGIONAL MEDICAL CENTER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $72,446
Other Revenue $0
TOTAL REVENUE $72,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $6,490
TOTAL EXPENSES $6,490

Year-over-Year Comparison

2024 2023 Change
Revenue $72,446 $129,753 -0.4%
Expenses $6,490 $5,655 +0.1%
Net Income $65,956 $124,098 -0.5%
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
21
Independent Members
18
Employees
N/A
Volunteers
18

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
6
$1,357,043
Total Directors
23
$1,139,807
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Barnett Treasurer 1.0
Officer Director
$0 $0 $0
Dala DeWitt Secretary (End 12/24) 1.0
Officer Director
$0 $0 $0
Rick Finkbine Board Chair 1.0
Officer Director
$0 $0 $0
Ryan Gillam Vice Chair 1.0
Officer Director
$0 $0 $0
Adam Russell Board Member 1.0
Director
$0 $0 $0
Afsheen Ansari Rizvi MD Board Member 1.0
Director
$0 $0 $0
Anthony G Scruse Board Member 1.0
Director
$0 $0 $0
Brian Roberts Board Member (End 05/24) 1.0
Director
$0 $0 $0
Bud Downing Board Member 1.0
Director
$0 $0 $0
Chris Meister Board Member 1.0
Director
$0 $0 $0
Colleen Alexander MD Board Member, Surgeon 1.0
Director
$0 $42,241 $434,842
Cortney Porter Board Member 1.0
Director
$0 $0 $0
DANIEL PERSINGER MD Board Member, Surgeon 1.0
Director
$0 $38,641 $478,112
DONALD B JOHNSON MD Board Member 1.0
Director
$0 $0 $0
John Maurer Board Member 1.0
Director
$0 $0 $0
MICHAEL ADAMSON Board Member, VP Mission - Springfield 1.0
Director
$0 $11,996 $226,853
Patricia Young Board Member 1.0
Director
$0 $0 $0
Peter Foreman Board Member 1.0
Director
$0 $0 $0
Philip Teusink Board Member 1.0
Director
$0 $0 $0
Sandy Chinn Board Member 1.0
Director
$0 $0 $0
Wade Smith DO Board Member 1.0
Director
$0 $0 $0
Wendy Doolittle Board Member 1.0
Director
$0 $0 $0
William H Ray Jr Board Member 1.0
Director
$0 $0 $0
ADAM GROSHANS President and CEO - Springfield 1.0
Officer
$0 $213,758 $1,129,104
Kristy Kohl-McCready President, Executive Director, Community Mercy Foundation 1.0
Officer
$0 $30,341 $227,939
MATTHEW CALDWELL Former President and CEO - Springfield 0.0
$0 $258,064 $1,398,944
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 $72,446 $6,490 $1,134,640 $65,956
2023 $129,753 $5,655 $1,023,970 $124,098
2022 $86,725 $5,663 $907,644 $81,062
2021 $109,706 $8,537 $1,039,415 $101,169
2020 $29,660 $16,602 $911,986 $13,058
2019 $18,435 $35,099 $803,715 $-16,664
2018 $72,998 $4,721 $697,106 $68,277
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