ASCENSION BORGESS LEE FOUNDATION (EIN 382860459) - 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

1987

Legal Domicile

Phone

5746473460

Tax Period

2024-07-01 to 2025-06-30

ASCENSION BORGESS LEE FOUNDATION, founded in 1987, is a small nonprofit that reported $131K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $59K, a strong 45% operating margin.

Mission

TO ACTIVELY SEEK AND INVEST CHARITABLE SUPPORT FOR ASCENSION BORGESS LEE HOSPITAL SO THAT THEY MAY IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES THEY SERVE.

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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 $128,515

Program Service Revenue $0

Investment Income $0

Other Revenue $2,667

TOTAL REVENUE $131,182

Expense Breakdown

Grants Paid $71,839

Salaries & Benefits $0

Fundraising Expenses $15

Program Expenses $71,854

Other Expenses $681

TOTAL EXPENSES $72,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,182	$143,437	-0.1%
Expenses	$72,520	$355,125	-0.8%
Net Income	$58,662	$-211,688	-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

$1,290,504

Total Directors

$265,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE FREEMAN	VICE CHAIR	1.0	Officer Director	$0	$0	$0
JENNA PODJAN	SECRETARY/TREASURER	1.0	Officer Director	$0	$0	$0
JOHN SECULOFF	CHAIR	1.0	Officer Director	$0	$0	$0
ANGELA DREW	DIRECTOR	1.0	Director	$0	$0	$0
EMILY SCHROCK	DIRECTOR	1.0	Director	$0	$0	$0
JANIE REIFENBERG	DIRECTOR	1.0	Director	$0	$0	$0
JEREMY TRUITT	DIRECTOR	1.0	Director	$0	$0	$0
KATHERINE MARSHALL MD	DIRECTOR	1.0	Director	$0	$0	$0
KELLI CASEY	DIRECTOR	1.0	Director	$0	$0	$0
PAUL MYER HOFFMAN	DIRECTOR	0.0	Director	$0	$36,205	$265,900
SARAH NORTHRUP	DIRECTOR	1.0	Director	$0	$0	$0
SUE MCCORMICK	DIRECTOR	1.0	Director	$0	$0	$0
TOM CARLSON	DIRECTOR	1.0	Director	$0	$0	$0
KIMBERLY ANN LOFTUS	CHIEF DEVELOPMENT OFFICER	0.0	Officer	$0	$15,146	$144,478
MICHAEL MCCULLOUGH	CFO, MINISTRY MARKET	0.0	Officer	$0	$46,446	$1,146,026

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	$131,182	$72,520	$829,422	$58,662
2024	$143,437	$355,125	$727,922	$-211,688
2023	$137,780	$26,791	$876,708	$110,989
2022	$125,728	$10,488	$716,175	$115,240
2021	$121,139	$129,861	$813,668	$-8,722
2020	$80,140	$48,710	$704,179	$31,430
2019	$82,694	$18,082	$658,171	$64,612
2018	$65,426	$17,959	$574,875	$47,467

ASCENSION BORGESS LEE FOUNDATION