Humboldt County Memorial Hospital Foundation (EIN 421354617) - 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

Phone

5153324200

Tax Period

2024-07-01 to 2025-06-30

Humboldt County Memorial Hospital Foundation, founded in 1990, is a small nonprofit in the Health Care sector that reported $644K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $571K, a strong 89% operating margin.

Mission

To solicit gifts for support of the Humboldt County Memorial Hospital and to improve the health and well-being of the citizens of Humboldt County.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $37,902

Program Service Revenue $0

Investment Income $575,111

Other Revenue $31,312

TOTAL REVENUE $644,325

Expense Breakdown

Grants Paid $44,962

Salaries & Benefits $15,000

Fundraising Expenses $500

Program Expenses $45,962

Other Expenses $13,492

TOTAL EXPENSES $73,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$644,325	$781,975	-0.2%
Expenses	$73,454	$88,176	-0.2%
Net Income	$570,871	$693,799	-0.2%

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

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
Bri Berte	Foundation Mgr.	10.00	Officer Director	$0	$0	$0
Andy Lemmenes	President	0.00	Officer Director	$0	$0	$0
Ashley Emick	Vice President	0.00	Officer Director	$0	$0	$0
Jennifer Hansen	Treasurer	0.00	Officer Director	$0	$0	$0
Marlene Thompson	Director	0.00	Director	$0	$0	$0
Clifton Kalafatich	Director	0.00	Director	$0	$0	$0
Aaron Olson	Director	0.00	Director	$0	$0	$0
Jami Olson Knowles	Director	0.00	Director	$0	$0	$0
Vicky Holden	Director	0.00	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
2025	$644,325	$73,454	$5,875,249	$570,871
2024	$781,975	$238,079	$5,455,456	$543,896
2023	$212,240	$233,289	$4,891,208	$-21,049
2022	$362,486	$152,424	$4,699,490	$210,062
2021	$465,370	$324,774	$5,208,395	$140,596
2020	$264,409	$252,380	$4,412,282	$12,029
2019	$266,965	$42,853	$4,339,698	$224,112

Humboldt County Memorial Hospital Foundation