RIVERVIEW HEALTHCARE FOUNDATION (EIN 411699589) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

CARRIE MICHALSKI

Phone

2182819249

Tax Period

2023-10-01 to 2024-09-30

RIVERVIEW HEALTHCARE FOUNDATION, founded in 1990, is a small nonprofit in the Health Care sector that reported $308K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $536K exceeded revenue, resulting in a 74% operating deficit.

Mission

TO RECEIVE CONTRIBUTIONS FOR THE PURPOSE OF ASSISTING THE RIVERVIEW HEALTHCARE ASSOCIATION TO PROVIDE TO THE RESIDENTS OF ITS SERVICE AREA QUALITY HEALTHCARE AND RELATED HEALTH SERVICES, EDUCATION, RESEARCH, PROMOTION OF HEALTH AND OTHER ACTIVITIES IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $235,661

Program Service Revenue $0

Investment Income $70,304

Other Revenue $2,042

TOTAL REVENUE $308,007

Expense Breakdown

Grants Paid $406,347

Salaries & Benefits $116,725

Fundraising Expenses $0

Program Expenses $503,823

Other Expenses $13,243

TOTAL EXPENSES $536,315

Year-over-Year Comparison

	2023	2022	Change
Revenue	$308,007	$382,533	-0.2%
Expenses	$536,315	$445,622	+0.2%
Net Income	$-228,308	$-63,089	+2.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$757,845

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARILYN WENTZEL	CHAIR	2.00	Officer Director	$0	$0	$0
CORY DALLAGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JODI CLAUSON	SECRETARY	0.50	Officer Director	$0	$0	$0
MARCIA SCHOENBORN	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR SANNES	DIRECTOR	0.50	Director	$0	$0	$0
KARI KOENIG	RHA BOARD LIASON	0.50	Director	$0	$0	$0
HUNTER PLANTE	DIRECTOR	0.50	Director	$0	$0	$0
CARRIE MICHALSKI	PRESIDENT & CEO	1.00	Officer	$0	$82,445	$420,325
RANDOLPH SCHOENBORN	FOUNDATION DIRECTOR	40.00	Officer	$0	$6,382	$106,620
BETTY ARVIDSON	TREASURER & CFO	1.00	Officer	$0	$56,160	$230,900

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	$308,007	$536,315	$2,070,254	$-228,308
2023	$382,533	$445,622	$2,316,708	$-63,089
2022	$392,077	$311,910	$2,382,992	$80,167
2021	$394,672	$611,007	$2,242,924	$-216,335
2020	$714,374	$205,713	$2,525,362	$508,661
2019	$1,302,679	$1,520,933	$1,848,077	$-218,254
2018	$617,769	$218,529	$2,059,422	$399,240

RIVERVIEW HEALTHCARE FOUNDATION