RICHLAND HOSPITAL FOUNDATION INC

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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

1986

Legal Domicile

Principal Officer

CINDY HANOLD

Tax Period

2023-01-01 to 2023-12-31

RICHLAND HOSPITAL FOUNDATION INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $135K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $182K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF THE RICHLAND HOSPITAL FOUNDATION INC. IS TO SUPPORT THE RICHLAND HOSPITAL AND CLINICS TO ENHANCE EXCEPTIONAL HEALTH CARE THROUGHOUT OUR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $82,146

DONATIONS FOR EQUIPMENT: BIRTH CENTER POST PARTUM HEMORRHAGE RAPID RESPONSE UNIT, EMERGENCY DEPARTMENT GILDESCOPE CORE, LAB HIGH PERFORMANCE BLOOD BANK REFRIGERATOR, RESPIRATOR FIT-TEST...

DONATIONS FOR EQUIPMENT: BIRTH CENTER POST PARTUM HEMORRHAGE RAPID RESPONSE UNIT, EMERGENCY DEPARTMENT GILDESCOPE CORE, LAB HIGH PERFORMANCE BLOOD BANK REFRIGERATOR, RESPIRATOR FIT-TEST, CLINIC-UNIVERSAL POWER PROCEDURE CHAIR, AND ELLIPTICAL MACHINE.

Program 2

Expenses: $51,875

COMMUNITY MEMBERS HEALTH CARE SCHOLARSHIPS

Program 3

Expenses: $3,769

OTHER: INCLUDES FINANCIAL SUPPORT AND ASSISTANCE FOR RICHLAND HOSPITAL EMPLOYEES SUCH AS REIMBURSEMENT OF MEDICAL CERTIFICATION COSTS AND PERSONAL MEDICAL EMERGENCY ASSISTANCE. ALSO, LIFE ALERT AND...

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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 $85,334

Program Service Revenue $0

Investment Income $38,520

Other Revenue $10,887

TOTAL REVENUE $134,741

Expense Breakdown

Grants Paid $137,790

Salaries & Benefits $0

Fundraising Expenses $21,286

Program Expenses $137,790

Other Expenses $22,532

TOTAL EXPENSES $181,608

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,741	$85,377	+0.6%
Expenses	$181,608	$156,688	+0.2%
Net Income	$-46,867	$-71,311	-0.3%

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

$110,943

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA COENEN	EXECUTIVE DIRECTOR	40.00	Officer	$0	$26,393	$110,943
MARILYN RINEHART	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT MEISTER	DIRECTOR	1.00	Director	$0	$0	$0
KIM LUCKY	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER THOME	DIRECTOR	1.00	Director	$0	$0	$0
JULIE KEPLER	DIRECTOR	1.00	Director	$0	$0	$0
DR ROBERT SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JESSE ADSIT	DIRECTOR	1.00	Director	$0	$0	$0
RYAN BOEBEL	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY KOOI	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA WOODHOUSE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY HANOLD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY CHICKER	SECRETARY	1.00	Officer Director	$0	$0	$0
CATHY ROONEY	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$134,741	$181,608	$1,256,819	$-46,867
2022	$85,377	$156,688	$1,295,121	$-71,311
2021	$243,508	$183,353	$1,344,270	$60,155
2020	$701,385	$244,965	$1,285,197	$456,420
2019	$209,892	$249,079	$904,507	$-39,187
2018	$225,892	$196,765	$943,694	$29,127