RICE MEMORIAL CLINIC FOUNDATION (EIN 386067017) - 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

1964

Legal Domicile

Principal Officer

KRISTINE WEIDNER

Phone

9064820404

Tax Period

2024-01-01 to 2024-12-31

RICE MEMORIAL CLINIC FOUNDATION, founded in 1964, is a small nonprofit in the Mental Health sector that reported $197K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $307K exceeded revenue, resulting in a 56% operating deficit.

Mission

TO SUPPORT MENTAL HEALTH SERVICES

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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 $196,829

Other Revenue $0

TOTAL REVENUE $196,829

Expense Breakdown

Grants Paid $275,447

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $275,447

Other Expenses $31,581

TOTAL EXPENSES $307,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$196,829	$171,018	+0.2%
Expenses	$307,028	$122,700	+1.5%
Net Income	$-110,199	$48,318	-3.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTINE WEIDNER	CHAIRPERSON	0.07	Officer Director	$0	$0	$0
KATRINA CARLSON	VICE CHAIRPE	0.07	Officer Director	$0	$0	$0
MIKE BACH	SECRETARY	0.07	Officer Director	$0	$0	$0
MICHAEL MIKKOLA	TREASURER	0.07	Officer Director	$0	$0	$0
LISA LINDBERG	TRUSTEE	0.07	Director	$0	$0	$0
DANIELLE RACINE	TRUSTEE	0.07	Director	$0	$0	$0
JAMES KOSKELA	TRUSTEE	0.07	Director	$0	$0	$0
POLLY SCHAEFER	TRUSTEE	0.07	Director	$0	$0	$0
ERIC BJORN	TRUSTEE	0.07	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
2024	$196,829	$307,028	$4,084,817	$-110,199
2023	$171,018	$122,700	$4,195,016	$48,318
2022	$214,314	$111,337	$4,146,698	$102,977
2021	$214,818	$138,663	$4,043,721	$76,155
2020	$197,542	$52,272	$3,967,566	$145,270
2019	$202,418	$82,702	$3,822,296	$119,716
2018	$271,891	$140,332	$3,702,580	$131,559

RICE MEMORIAL CLINIC FOUNDATION