Virginia Gay Trust

EIN: 426367590 501(c)(3)

Vinton, IA

Total Revenue
$489,522
Total Expenses
$122,164
Total Assets
$12,991,575
Net Assets
$10,025,151
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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
1983
Legal Domicile
IA
Principal Officer
Tina Eden
Phone
3194726255
Tax Period
2024-07-01 to 2025-06-30

Virginia Gay Trust, founded in 1983, is a small nonprofit that reported $490K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $367K, a strong 75% operating margin.

Mission

To support Virginia Gay Hospital Inc.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $580
Investment Income $71,632
Other Revenue $417,310
TOTAL REVENUE $489,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,295
Other Expenses $122,164
TOTAL EXPENSES $122,164

Year-over-Year Comparison

2024 2023 Change
Revenue $489,522 $298,029 +0.6%
Expenses $122,164 $106,408 +0.1%
Net Income $367,358 $191,621 +0.9%
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

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Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
7

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
7
$625,621
Total Directors
10
$1,579,895
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Brian Meeker DO Director thru 7/2/2024 0.30
Director
$0 $24,743 $696,296
Dr Kyle Song DO Director 0.30
Director
$0 $40,102 $545,226
Dr Michelle Elgin DO Director 0.30
Director
$0 $35,846 $338,373
Barry Dietsch CFO 0.30
Officer
$0 $4,807 $251,708
Tina Eden CEO as of 4/25 0.30
Officer
$0 $9,368 $204,871
Euan MacGregor CEO thru 8/24 0.30
Officer
$0 $22,242 $169,042
Michele Schoonover Former CEO 0.00
$0 $8,167 $126,712
David Vermedahl Chair 1.30
Officer Director
$0 $0 $0
John Mossman Vice Chair 0.30
Officer Director
$0 $0 $0
Sara Stuefan Secretary 0.30
Officer Director
$0 $0 $0
Bud Maynard Treasurer 0.30
Officer Director
$0 $0 $0
Kyle Koeppen Director 0.30
Director
$0 $0 $0
John Yundt Director 0.30
Director
$0 $0 $0
Marie Therese Foth Director thru 10/24 0.30
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 $489,522 $122,164 $12,991,575 $367,358
2024 No data No data No data No data
2023 $-188,269 $115,219 $12,339,189 $-303,488
2023 No data No data No data No data
2022 $219,318 $3,685 $11,156,331 $215,633
2021 $132,398 $1,440 $5,335,831 $130,958
2020 $170,211 $1,400 $4,445,605 $168,811
2019 $178,899 $1,395 $4,441,502 $177,504
2018 $195,769 $1,355 $4,290,388 $194,414
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