MINUTEMAN HEALTH INC

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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

2011

Legal Domicile

Principal Officer

Kevin McAdoo

Phone

4137846971

Tax Period

2022-01-01 to 2022-12-31

MINUTEMAN HEALTH INC, founded in 2011, is a micro nonprofit that reported $781K in total revenue in fiscal year 2022. Revenue fell 3011% from the prior year — a significant decline worth monitoring.

Mission

MINUTEMAN HEALTH INC. IS IN LIQUIDATION WHILE STILL ACTIVE ITS MISSION WAS TO DELIVER MORE CHOICE MORE VALUE AND MORE AFFORDABILITY TO INDIVIDUALS AND EMPLOYERS IN MA AND NH.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

MINUTEMAN HEALTH INC. HAD NO POLICIES IN EFFECT AFTER DECEMBER 31 2017. IN 2018 MINUTEMAN BEGAN THE PROCESS OF MARSHALLING ASSETS AND PAYING CREDITORS IN ACCORDANCE WITH THE LIQUIDATION STATUTES IN...

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-781,016

Other Revenue $0

TOTAL REVENUE $-781,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-781,016	$26,828	-30.1%
Expenses	N/A	N/A	N/A
Net Income	N/A	$26,828	N/A

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

N/A

Independent Members

N/A

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
NONE	NONE	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
2022	$-781,016	No data	No data	No data
2021	$26,828	No data	$39,133,887	No data
2020	$418,321	No data	$39,371,103	No data
2019	$637,923	No data	$39,005,983	No data
2018	No data	No data	$41,728,126	No data