THE BLESSING FOUNDATION INC (EIN 371128705) - 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

1983

Legal Domicile

Principal Officer

PATRICK M GERVELER

Phone

2172238400

Tax Period

2023-10-01 to 2024-09-30

THE BLESSING FOUNDATION INC, founded in 1983, is a community nonprofit in the Health Care sector that reported $6.7M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 46% operating margin.

Mission

FOUNDED IN 1983, THE BLESSING FOUNDATION RAISES, MAINTAINS, AND DISBURSES CHARITABLY DONATED FUNDS FOR THE BENEFIT OF BLESSING HEALTH SYSTEM.

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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 $397,255

Program Service Revenue $0

Investment Income $2,183,128

Other Revenue $4,106,546

TOTAL REVENUE $6,686,929

Expense Breakdown

Grants Paid $2,031,484

Salaries & Benefits $0

Fundraising Expenses $142,848

Program Expenses $2,031,484

Other Expenses $1,597,188

TOTAL EXPENSES $3,628,672

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,686,929	$5,029,498	+0.3%
Expenses	$3,628,672	$3,721,981	0.0%
Net Income	$3,058,257	$1,307,517	+1.3%

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

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

$1,533,866

Total Directors

$1,118,590

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN T CANFIELD	TRUSTEE	0.00	Director	$0	$142,463	$1,118,590
PATRICK M GERVELER	PRESIDENT	0.00	Officer	$0	$136,905	$968,459
JUSTIN R HALE	VP/TREASURER	0.00	Officer	$0	$35,066	$351,772
MARY ANN DICKSON	SECRETARY	0.00	Officer	$0	$22,603	$213,635
TIMOTHY A MOORE	FORMER VP/TR	0.00		$0	$7,047	$170,374
HAROLD W BO KNAPHEIDE EXIT 124	TRUSTEE	1.00	Director	$0	$0	$0
JAMES A RINELLA EXITED 124	TRUSTEE	1.00	Director	$0	$0	$0
PHYLLIS J HOFMEISTER EXITED 124	TRUSTEE	1.00	Director	$0	$0	$0
LAURA GERDES EHRHART	TRUSTEE	1.00	Director	$0	$0	$0
LAURA E GRAMKE	TRUSTEE	1.00	Director	$0	$0	$0
MELISSA C GRISWOLD	TRUSTEE	1.00	Director	$0	$0	$0
JOHN J FLYNN JR	TRUSTEE	1.00	Director	$0	$0	$0
DR JASON KVITLE	TRUSTEE	1.00	Director	$0	$0	$0
CYNTHIA A MEYER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
HAROLD B 'HAL' OAKLEY	TRUSTEE	1.00	Director	$0	$0	$0
JACOB W SCHOLZ	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM SPEAR	TRUSTEE	1.00	Director	$0	$0	$0
MARK STEPHENS	TRUSTEE	1.00	Director	$0	$0	$0
JASON STRATTON	BOARD VICE-C	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$6,686,929	$3,628,672	$88,761,415	$3,058,257
2023	$5,029,498	$3,721,981	$80,379,218	$1,307,517
2022	$7,576,833	$4,416,979	$76,709,612	$3,159,854
2021	$12,335,361	$4,493,248	$63,370,803	$7,842,113
2020	$4,501,009	$3,138,799	$51,995,326	$1,362,210
2019	$5,264,041	$3,230,730	$50,084,056	$2,033,311
2018	$3,103,602	$2,802,303	$49,879,619	$301,299

THE BLESSING FOUNDATION INC