ALAMANCE COMMUNITY & HEALTH FOUNDATION

EIN: 462505818 501(c)(3) Health Care

GREENSBORO, NC

Total Revenue
$877,684
Total Expenses
$952,766
Total Assets
$73,690,874
Net Assets
$68,521,418
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
TRACEY GRAYZER
Phone
3368327000
Tax Period
2024-10-01 to 2024-12-31

ALAMANCE COMMUNITY & HEALTH FOUNDATION, founded in 2013, is a small nonprofit in the Health Care sector that reported $878K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Net assets of $68.5M represent 937 months of operating reserves.

Mission

THE FOUNDATION IS DESIGNED TO IMPROVE THE HEALTH OF THE COMMUNITY WHILE BEING AN EXTENSION OF THE CARE THAT IS PROVIDED AT ALAMANCE REGIONAL MEDICAL CENTER.

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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 $0
Investment Income $877,684
Other Revenue $0
TOTAL REVENUE $877,684

Expense Breakdown

Grants Paid $306,692
Salaries & Benefits $265,561
Fundraising Expenses $0
Program Expenses $565,330
Other Expenses $380,513
TOTAL EXPENSES $952,766

Year-over-Year Comparison

2024 2023 Change
Revenue $877,684 $2,292,467 -0.6%
Expenses $952,766 $3,897,761 -0.8%
Net Income $-75,082 $-1,605,294 -1.0%
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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Governance

Voting Members
13
Independent Members
13
Employees
57
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
6
$392,933
Total Directors
15
$392,933
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRAYZER CATHERINE PRESIDENT 40.0
Officer Director
$224,708 $35,937 $260,645
GREEN MARCY ASSISTANT SECRETARY 40.0
Officer Director
$96,431 $35,857 $132,288
ALSTON NICOLE SECRETARY 0.0
Officer Director
$0 $0 $0
BOYLSTON MD YUN TRUSTEE 0.0
Director
$0 $0 $0
BRANDON MD ASHLEY TRUSTEE 0.0
Director
$0 $0 $0
BRIDGES VERNETTA EQUITY COMMITTEE CHAIR 0.0
Director
$0 $0 $0
CHANDLER TED TREASURER 0.0
Officer Director
$0 $0 $0
COLVILLE KATHY TRUSTEE 0.0
Director
$0 $0 $0
HORNADAY FD CHAIR 0.0
Officer Director
$0 $0 $0
IDA ALBION TRUSTEE 0.0
Director
$0 $0 $0
LAMBERT MD LEO TRUSTEE 0.0
Director
$0 $0 $0
MCCLURE GRIFFIN VICE-CHAIR 0.0
Officer Director
$0 $0 $0
RATLIFF LEANDRA TRUSTEE 0.0
Director
$0 $0 $0
ROMERO KIMBERLY TRUSTEE 0.0
Director
$0 $0 $0
STEARNS PETE TRUSTEE 0.0
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
2024 $877,684 $952,766 $73,690,874 $-75,082
2024 $2,292,467 $3,897,761 $73,506,688 $-1,605,294
2023 $-60,156 $3,886,199 $64,889,332 $-3,946,355
2022 $4,081,321 $3,645,858 $61,278,237 $435,463
2021 $12,054,534 $3,376,871 $76,630,575 $8,677,663
2020 $3,488,485 $3,231,284 $65,023,710 $257,201
2019 $1,668,149 $3,287,775 $61,040,238 $-1,619,626
2018 $2,758,387 $2,945,944 $64,057,918 $-187,557
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