HEALTHLINK

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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

1987

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

5172054800

Tax Period

2024-01-01 to 2024-12-31

Mission

TO ACT AS A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE BY ACTING EXCLUSIVELY FOR THE BENEFIT, AND TO ASSIST IN CARRYING OUT THE EXEMPT PURPOSES, OF W.A. FOOTE MEMORIAL HOSPITAL DBA HENRY FORD HEALTH JACKSON HOSPITAL, A MICHIGAN NONPROFIT CORPORATION WHICH IS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE CODE AND A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE CODE.

Program Service Accomplishments

Program 1

THE ORGANIZATION OPERATES IN SUPPORT OF OR IN FURTHERANCE OF THE CHARITABLE PURPOSES OF W.A. FOOTE MEMORIAL HOSPITAL (D/B/A HENRY FORD HEALTH JACKSON HOSPITAL), BY CARRYING ON ACTIVITIES FOR THE...

THE ORGANIZATION OPERATES IN SUPPORT OF OR IN FURTHERANCE OF THE CHARITABLE PURPOSES OF W.A. FOOTE MEMORIAL HOSPITAL (D/B/A HENRY FORD HEALTH JACKSON HOSPITAL), BY CARRYING ON ACTIVITIES FOR THE BENEFIT OF THE CHARITABLE CLASS BENEFITED BY HENRY FORD HEALTH JACKSON HOSPITAL.

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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

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
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

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

$692,439

Total Directors