HOLY FAMILY HEALTHCARE

EIN: 461292390 501(c)(3)

HARTFORD, MI

Total Revenue
$1,106,079
Total Expenses
$794,272
Total Assets
$817,962
Net Assets
$812,722
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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
2012
Legal Domicile
MI
Principal Officer
DON BOUCHARD
Phone
2692709332
Tax Period
2021-01-01 to 2021-12-31

HOLY FAMILY HEALTHCARE, founded in 2012, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2021. The organization ran a surplus of $312K, a strong 28% operating margin.

Mission

TO PROVIDE EXCELLENT PRIMARY HEALTH CARE JOYFULLY THROUGH ATTENTION TO MIND, BODY, AND SPIRIT. WE ARE COMMITTED TO HONORING THE DIGNITY OF EVERY INDIVIDUAL PERSON AS WE WOULD THAT OF CHRIST.

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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 (2021)

Revenue Breakdown

Contributions & Grants $370,771
Program Service Revenue $735,229
Investment Income $79
Other Revenue $0
TOTAL REVENUE $1,106,079

Expense Breakdown

Grants Paid $10,075
Salaries & Benefits $517,867
Fundraising Expenses $13,120
Program Expenses $744,845
Other Expenses $266,330
TOTAL EXPENSES $794,272

Year-over-Year Comparison

2021 2020 Change
Revenue $1,106,079 $1,074,644 +0.0%
Expenses $794,272 $613,988 +0.3%
Net Income $311,807 $460,656 -0.3%
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
2
Independent Members
2
Employees
17
Volunteers
250

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
$92,400
Total Directors
3
$92,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON BOUCHARD PRESIDENT 40.00
Officer Director
$92,400 $0 $92,400
ROBIN PIERUCCI TREASURER 2.00
Officer Director
$0 $0 $0
JAMES ADAMS SECRETARY 2.00
Officer 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
2021 $1,106,079 $794,272 $817,962 $311,807
2019 $585,765 $593,146 $196,889 $-7,381
2018 $479,078 $599,682 $227,052 $-120,604
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