VERNON MEMORIAL HEALTHCARE FOUNDATION INC (EIN 391515716) - 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

1984

Legal Domicile

Principal Officer

DAVID HARTBERG

Phone

6086372101

Tax Period

2023-10-01 to 2024-09-30

VERNON MEMORIAL HEALTHCARE FOUNDATION INC, founded in 1984, is a small nonprofit in the Health Care sector that reported $158K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Net assets of $522K represent 40 months of operating reserves.

Mission

TO SOLICIT, RECEIVE, AND ACCEPT GIFTS, DEVICES, OR BEQUESTS ON BEHALF OF VERNON MEMORIAL HEALTHCARE AND FOR SCHOLARSHIPS.

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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 $161,894

Program Service Revenue $0

Investment Income $14,595

Other Revenue $-18,331

TOTAL REVENUE $158,158

Expense Breakdown

Grants Paid $128,489

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,489

Other Expenses $41,266

TOTAL EXPENSES $169,755

Year-over-Year Comparison

	2023	2022	Change
Revenue	$158,158	$110,194	+0.4%
Expenses	$169,755	$51,514	+2.3%
Net Income	$-11,597	$58,680	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB MENN	CHAIR (THRU 12/23)	1.00	Officer Director	$0	$0	$0
PHIL STRAND	CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL FORTNEY	VICE CHAIR (THRU 12/23)	1.00	Officer Director	$0	$0	$0
VICKI KOPPA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PAUL LARSEN	TREASURER (THRU 12/23)	1.00	Officer Director	$0	$0	$0
NICHOLAS VEGLAHN	TREASURER	1.00	Officer Director	$0	$0	$0
GARY BRUNSLIK	SECRETARY	1.00	Officer Director	$0	$0	$0
VICKI BANTA	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BUENING	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI DEAVER	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH FILTER	DIRECTOR	1.00	Director	$0	$0	$0
AMELIA KIRCHOFF	DIRECTOR (THRU 12/23)	1.00	Director	$0	$0	$0
NEIL LONERGAN	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGETT MADEN	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JANA PEDRETTI	DIRECTOR	1.00	Director	$0	$0	$0
VICKIE VAN BLARCOM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HARTBERG	CEO - VMH	1.00	Officer	$0	$0	$0
SCOTT LECKEY	CFO - VMH	1.00	Officer	$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	$158,158	$169,755	$715,548	$-11,597
2023	$110,194	$51,514	$701,692	$58,680
2022	$126,429	$35,907	$544,449	$90,522
2021	$140,584	$114,414	$627,880	$26,170
2020	$362,085	$405,692	$1,530,696	$-43,607
2019	$465,244	$426,683	$1,407,949	$38,561
2018	$370,670	$397,171	$1,291,258	$-26,501

VERNON MEMORIAL HEALTHCARE FOUNDATION INC