ELY HEALTH AND HOSPITAL FOUNDATION (EIN 412001411) - 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

2000

Legal Domicile

Principal Officer

PATTI BANKS

Phone

2183653271

Tax Period

2023-10-01 to 2024-09-30

ELY HEALTH AND HOSPITAL FOUNDATION, founded in 2000, is a small nonprofit in the Health Care sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 195% from the prior year, signaling strong growth momentum. Expenses of $427K exceeded revenue, resulting in a 223% operating deficit.

Mission

TO PROVIDE FINANCIAL RESOURCES TO SUPPORT THE MISSION OF EBCH IN ITS COMMITMENT TO CARE FOR AND ENHANCE THE HEALTH AND WELLBEING OF THE COMMUNITY IT SERVES.

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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 $98,294

Program Service Revenue $0

Investment Income $33,984

Other Revenue $0

TOTAL REVENUE $132,278

Expense Breakdown

Grants Paid $425,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $425,000

Other Expenses $2,235

TOTAL EXPENSES $427,235

Year-over-Year Comparison

	2023	2022	Change
Revenue	$132,278	$44,777	+2.0%
Expenses	$427,235	$1,967	+216.2%
Net Income	$-294,957	$42,810	-7.9%

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

$291,884

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ANN SMITH	DIRECTOR	0.25	Director	$0	$0	$0
RIANA HEGMAN	DIRECTOR	0.25	Director	$0	$0	$0
JO LANGAN	DIRECTOR UNTIL 12/31/23	0.25	Director	$0	$0	$0
STEPHEN PETERSON SR	DIRECTOR	0.25	Director	$0	$0	$0
JOHN SAW	DIRECTOR	0.25	Director	$0	$0	$0
ROB WILMUNEN	DIRECTOR	0.25	Director	$0	$0	$0
TODD HEIMAN	TREASURER	0.25	Officer Director	$0	$0	$0
KELLY KLUN	SECRETARY UNTIL 12/31/23	0.25	Officer Director	$0	$0	$0
BARB SODERBERG	SECRETARY	0.25	Officer Director	$0	$0	$0
DEVON LUTHENS	PRESIDENT	0.25	Officer Director	$0	$0	$0
TIM RILEY	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
PATTI BANKS	CEO	0.25	Officer	$0	$43,202	$291,884

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	$132,278	$427,235	$837,176	$-294,957
2023	$44,777	$1,967	$975,906	$42,810
2022	$39,957	$1,934	$862,760	$38,023
2021	$142,517	$3,253	$1,006,372	$139,264
2020	$63,986	$5,901	$848,720	$58,085
2019	$45,912	$67,894	$862,175	$-21,982
2018	$66,093	$38,604	$887,345	$27,489

ELY HEALTH AND HOSPITAL FOUNDATION