THE HOPEDALE MEDICAL FOUNDATION (EIN 370808925) - 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

1961

Legal Domicile

Principal Officer

EMILY WHITSON

Phone

3094493321

Tax Period

2024-07-01 to 2025-06-30

THE HOPEDALE MEDICAL FOUNDATION, founded in 1961, is a mid-sized nonprofit in the Health Care sector that reported $52.2M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $9.9M, a strong 19% operating margin.

Mission

TO PROVIDE OUTSTANDING PHYSICIAN-DIRECTED HEALTH, WELLNESS, & RESIDENTIAL SERVICES IN A PERSONAL, PRIVATE, FAMILY ATMOSPHERE.

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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 $69,938

Program Service Revenue $50,211,554

Investment Income $995,798

Other Revenue $889,716

TOTAL REVENUE $52,167,006

Expense Breakdown

Grants Paid $31,056

Salaries & Benefits $19,447,075

Fundraising Expenses $0

Program Expenses $31,369,833

Other Expenses $22,810,034

TOTAL EXPENSES $42,288,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,167,006	$44,428,185	+0.2%
Expenses	$42,288,165	$36,828,377	+0.1%
Net Income	$9,878,841	$7,599,808	+0.3%

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

435

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

$1,942,819

Total Directors

$1,980,530

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS B ROSSI MD	SECRETARY/TREASURER/PHYSICIAN	40.00	Officer Director	$1,500,000	$0	$1,500,000
MATTHEW B ROSSI MD	CHAIRMAN/CEO	2.00	Officer Director	$103,400	$8,982	$112,382
ALFRED N ROSSI MD	DIRECTOR	2.00	Director	$0	$0	$0
EMILY WHITSON	CHIEF OPERATING OFFICER	40.00	Officer Director	$294,283	$36,154	$330,437
PHILLIP J ROSSI MD	DIRECTOR	2.00	Director	$23,400	$14,311	$37,711
CHRISTOPHER CAMPBELL	DIRECTOR	2.00	Director	$0	$0	$0
JOAN HARRISON	DIRECTOR	2.00	Director	$0	$0	$0
TOM HIESER	DIRECTOR	2.00	Director	$0	$0	$0
DONALD G OSWALD	DIRECTOR	2.00	Director	$0	$0	$0
ROLAND RICH	DIRECTOR	2.00	Director	$0	$0	$0
TIMOHTY SONDAG	SENIOR NURSING OFFICER	40.00	Highest	$191,366	$13,526	$204,892
ISOLINA ROSSI MD	PHYSICIAN	40.00	Highest	$420,000	$11,225	$431,225
MICHAEL KEEDY	CERTIFIED RN ANESTHETIST	40.00	Highest	$308,712	$24,766	$333,478
BRAD KAUFMANN	CERTIFIED RN ANESTHETIST	40.00	Highest	$287,614	$24,027	$311,641
JASON KOBLER	CERTIFIED RN ANESTHETIST	40.00	Highest	$287,381	$23,804	$311,185

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
2025	$52,167,006	$42,288,165	$83,857,894	$9,878,841
2024	No data	No data	No data	No data
2023	$43,413,495	$35,065,424	$67,009,209	$8,348,071
2022	$37,057,964	$32,408,715	$57,589,315	$4,649,249
2021	$35,767,367	$30,237,316	$56,306,328	$5,530,051
2020	$31,783,507	$29,998,097	$53,468,350	$1,785,410
2019	$29,432,533	$27,864,200	$47,998,678	$1,568,333
2018	$27,772,469	$24,845,266	$44,996,387	$2,927,203

THE HOPEDALE MEDICAL FOUNDATION