FOUNDATION FOR RIPON MEDICAL CENTER INC

EIN: 391605953 501(c)(3)

FOND DU LAC, WI

Total Revenue
$160,117
Total Expenses
$62,490
Total Assets
$1,408,233
Net Assets
$1,379,236
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
WI
Principal Officer
KIM LAWS
Phone
9209264959
Tax Period
2023-07-01 to 2024-06-30

FOUNDATION FOR RIPON MEDICAL CENTER INC, founded in 1988, is a small nonprofit that reported $160K in total revenue in fiscal year 2023. The organization ran a surplus of $98K, a strong 61% operating margin.

Mission

THE FOUNDATION FOR RIPON MEDICAL CENTER SERVES TO ENHANCE THE HEALTH OF THE PEOPLE OF THE GREATER RIPON AREA BY LENDING ITS FINANCIAL SUPPORT TO RIPON MEDICAL CENTER.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $105,221
Program Service Revenue $0
Investment Income $54,935
Other Revenue $-39
TOTAL REVENUE $160,117

Expense Breakdown

Grants Paid $48,231
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $48,231
Other Expenses $14,259
TOTAL EXPENSES $62,490

Year-over-Year Comparison

2023 2022 Change
Revenue $160,117 $-87,881 -2.8%
Expenses $62,490 $211,303 -0.7%
Net Income $97,627 $-299,184 -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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
11

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAWN FISHER EXECUTIVE DIRECTOR (THRU MAY 2024) 3.00
Officer
$0 $0 $0
KIM LAWS DIRECTOR OF DEVELOPMENT 3.00
Officer
$0 $0 $0
DR STEPHANIE GLOD PRESIDENT 0.50
Officer Director
$0 $0 $0
BOBBIE POLLESCH TREASURER 0.50
Officer Director
$0 $0 $0
DENISE MARTINEZ SECRETARY 0.50
Officer Director
$0 $0 $0
RYAN AVERY BOARD MEMBER 0.50
Director
$0 $0 $0
GARY BORN BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF HOPP BOARD MEMBER 0.50
Director
$0 $0 $0
ELIZABETH ROY BOARD MEMBER 0.50
Director
$0 $0 $0
LEAH SCHRAEDER BOARD MEMBER (THRU MAY 2024) 0.50
Director
$0 $0 $0
PETER SENSENBRENNER BOARD MEMBER 0.50
Director
$0 $0 $0
ELLEN SORENSEN BOARD MEMBER (THRU AUG 2023) 0.50
Director
$0 $0 $0
CHRIS STIEBER BOARD MEMBER 0.50
Director
$0 $0 $0
KAREN STONE BOARD MEMBER (THRU MAY 2024) 0.50
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
2024 $160,117 $62,490 $1,408,233 $97,627
2023 $-87,881 $211,303 $1,371,597 $-299,184
2022 $112,641 $257,916 $1,365,086 $-145,275
2021 $89,719 $41,278 $1,768,478 $48,441
2020 $97,560 $79,971 $1,505,201 $17,589
2019 $69,014 $127,362 $1,471,365 $-58,348
2018 $143,862 $103,211 $1,513,652 $40,651
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