MINNESOTA VALLEY MEMORIAL HOSPITAL… - 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

1958

Legal Domicile

Principal Officer

JOHN BRANCAMP

Phone

5076653375

Tax Period

2020-10-01 to 2021-09-30

MINNESOTA VALLEY MEMORIAL HOSPITAL FOUNDATION INC, founded in 1958, is a micro nonprofit that reported $48K in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. Net assets of $1.0M represent 255 months of operating reserves.

Mission

PROVIDE SUPPORT AND ENHANCE THE SERVICES PROVIDED TO THE COMMUNITY BY RIDGEVIEW LE SUEUR MEDICAL CENTER.

Program Service Accomplishments

Program 1

Expenses: $47,789 Revenue: $0

PROVIDE SUPPORT AND ENHANCE THE SERVICES PROVIDED TO THE COMMUNITY BY RIDGEVIEW LE SUEUR 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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $47,885

Program Service Revenue $0

Investment Income $16

Other Revenue $0

TOTAL REVENUE $47,901

Expense Breakdown

Grants Paid $47,789

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,789

Other Expenses $2,025

TOTAL EXPENSES $49,814

Year-over-Year Comparison

	2020	2019	Change
Revenue	$47,901	$52,347	-0.1%
Expenses	$49,814	$55,060	-0.1%
Net Income	$-1,913	$-2,713	-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

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
ROBERT BROEDER	PRESIDENT	0.50	Officer Director	$0	$0	$0
RUTH VORTHERMS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JOHN BRANCAMP	TREASURER	0.50	Officer Director	$0	$0	$0
RICHARD PINNEY	SECRETARY	0.50	Officer Director	$0	$0	$0
BEVERLY PRENEVOST	DIRECTOR	0.50	Director	$0	$0	$0
KARL HAEMIG	DIRECTOR	0.50	Director	$0	$0	$0
DAVE WAGNER	DIRECTOR	0.50	Director	$0	$0	$0
DAVE TULLY	DIRECTOR	0.50	Director	$0	$0	$0
MARIE WALKER	DIRECTOR	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
2021	$47,901	$49,814	$1,019,836	$-1,913
2020	$52,347	$55,060	$1,021,804	$-2,713
2019	$59,343	$51,332	$1,053,995	$8,011
2018	$75,637	$49,157	$1,081,695	$26,480

MINNESOTA VALLEY MEMORIAL HOSPITAL FOUNDATION INC