ALTRU HEALTH FOUNDATION (EIN 450368330) - 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

1982

Legal Domicile

Principal Officer

KRISTI HALL-JIRAN

Phone

7017805600

Tax Period

2023-01-01 to 2023-12-31

ALTRU HEALTH FOUNDATION, founded in 1982, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 31% operating margin.

Mission

ALTRU HEALTH FOUNDATION'S MISSION IS TO SUPPORT ALTRU HEALTH SYSTEM IN FULFILLING ITS MISSION OF ACHIEVING OPTIMUM HEALTH FOR ALL RESIDENTS RESIDING IN OUR REGION THROUGH FUNDING OF TECHNOLOGY, FACILITIES, MEDICAL EDUCATION, AND HEALTHCARE FOR THOSE IN NEED. THIS FULFILLS ALTRU HEALTH SYSTEM'S OVERALL MISSION OF MAKING A DIFFERENCE FOR THOSE WE CARE FOR.

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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 $6,141,937

Program Service Revenue $0

Investment Income $178,193

Other Revenue $-16,946

TOTAL REVENUE $6,303,184

Expense Breakdown

Grants Paid $3,232,093

Salaries & Benefits $765,607

Fundraising Expenses $820,694

Program Expenses $3,237,795

Other Expenses $112,857

TOTAL EXPENSES $4,346,285

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,303,184	$4,171,834	+0.5%
Expenses	$4,346,285	$2,860,845	+0.5%
Net Income	$1,956,899	$1,310,989	+0.5%

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

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

$3,407,700

Total Directors

$3,004,889

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTI HALL-JIRAN	DIRECTOR & CHIEF PHILANTHROPY OFFICER	20.00	Officer Director	$0	$135,025	$479,446
SKIP GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
KEITH LUND	HONORARY CHAIR	1.00	Officer Director	$0	$0	$0
JENNY AREL	CHAIR	1.00	Officer Director	$0	$0	$0
DAN MULROY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID ZAVORAL	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN KESTER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KRISTI MAGNUSON NELSON	DIRECTOR	1.00	Director	$0	$0	$0
SADIE GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
KAMRIN MACKI	DIRECTOR	1.00	Director	$0	$13,269	$199,112
MATT WALKOWIAK	DIRECTOR	1.00	Director	$0	$0	$0
TODD FORKEL	DIRECTOR (CEO AHS)	1.00	Officer Director	$0	$418,027	$1,278,330
JOSHUA DEERE	DIRECTOR (PRESIDENT AHS)	1.00	Officer Director	$0	$342,800	$1,048,001
CHRIS JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS ARVIN	CFO/TREASURER	1.00	Officer	$0	$4,811	$87,144
DEREK GOEBEL	CFO/TREASURER	1.00	Officer	$0	$163,151	$514,779
BRITTANY CAILLIER	DIRECTOR OF PHILANTHROPY	40.00	Highest	$151,230	$54,092	$205,322

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	No data	No data	No data	No data
2023	$6,303,184	$4,346,285	$19,444,039	$1,956,899
2022	$4,171,834	$2,860,845	$16,452,270	$1,310,989
2021	$5,022,342	$2,781,245	$17,808,212	$2,241,097
2020	$2,598,732	$2,493,157	$16,766,439	$105,575
2019	$3,254,240	$3,603,785	$15,513,659	$-349,545
2018	$3,395,819	$2,440,690	$14,610,492	$955,129

ALTRU HEALTH FOUNDATION