VOLUNTEERS OF HENRY FORD ALLEGIANC… - Form 990 Financial Data

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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

JIM BONGIORNO

Phone

5177884733

Tax Period

2020-01-01 to 2020-12-31

Mission

THE VOLUNTEERS OF HENRY FORD ALLEGIANCE HEALTH CONTRIBUTE FINANCIAL SUPPORT TO HENRY FORD ALLEGIANCE HEALTH, A TAX-EXEMPT HOSPITAL.

Program Service Accomplishments

Program 1

Expenses: $262,694

THROUGH VARIOUS ACTIVITIES, THE VOLUNTEERS OF HENRY FORD ALLEGIANCE HEALTH WERE ABLE TO ACCUMULATE FUNDS TO CONTRIBUTE TO HENRY FORD ALLEGIANCE HEALTH TO PROVIDE SUPPORT FOR ITS CHARITABLE MISSION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $262,694

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $262,694

Other Expenses $5,464

TOTAL EXPENSES $268,158

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$167,103	-1.0%
Expenses	$268,158	$104,149	+1.6%
Net Income	N/A	$62,954	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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM CAMPBELL	OUTSIDE VEND	N/A	Director	$0	$0	$0
JOHN CONLEY	LEGISLATIVE	N/A	Director	$0	$0	$0
BERNICE HAGLUND	AT-LARGE MEM	N/A	Director	$0	$0	$0
CAY LEFERE	AT-LARGE MEM	N/A	Director	$0	$0	$0
MARY LOU MCFADDEN	CORR. SECRET	N/A	Officer Director	$0	$0	$0
MARGARET NAGEL	REC. SECRETA	N/A	Officer Director	$0	$0	$0
HATTIE OLIVER	TREASURER	N/A	Officer Director	$0	$0	$0
CHERYL SIMONETTI	PRESIDENT	N/A	Officer Director	$0	$0	$0
LAURA STEENROD	VICE PRESIDE	N/A	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
2020	No data	$268,158	No data	No data
2019	$167,103	$104,149	$272,031	$62,954
2018	$221,487	$190,765	$221,518	$30,722

VOLUNTEERS OF HENRY FORD ALLEGIANCE HEALTH