LICKING MEMORIAL TWIGS

EIN: 463190381 501(c)(3) Health Care

NEWARK, OH

Total Revenue
$103,190
Total Expenses
$108,840
Total Assets
$80,456
Net Assets
$80,456
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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
2013
Legal Domicile
OH
Principal Officer
MARILYN WEBER
Phone
2205644528
Tax Period
2023-01-01 to 2023-12-31

LICKING MEMORIAL TWIGS, founded in 2013, is a small nonprofit in the Health Care sector that reported $103K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO RAISE FUNDS TO SUPPORT CAPITAL IMPROVEMENTS AT LICKING MEMORIAL HOSPITAL

Program Service Accomplishments

Program 1
Expenses: $108,840 Revenue: $12,108

TWIGS PROVIDES VOLUNTEER SERVICES AND FINANCIAL SUPPORT FOR LICKING MEMORIAL HOSPITAL. THE TWIGS EXECUTIVE BOARD AND EACH INDIVIDUAL TWIG COMMITTEE DETERMINES HOW MUCH MONEY TO CONTRIBUTE. THE...

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TWIGS PROVIDES VOLUNTEER SERVICES AND FINANCIAL SUPPORT FOR LICKING MEMORIAL HOSPITAL. THE TWIGS EXECUTIVE BOARD AND EACH INDIVIDUAL TWIG COMMITTEE DETERMINES HOW MUCH MONEY TO CONTRIBUTE. THE INITIAL CONTRIBUTION IS MADE TO LICKING MEMORIAL HOSPITAL FOUNDATION; HOWEVER, THE FOUNDATION IS ONLY AN INTERMEDIARY. THE FOUNDATION ULTIMATELY PROVIDES THE CONTRIBUTED AMOUNT TO LICKING MEMORIAL HOSPITAL TO FUND CAPITAL IMPROVEMENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,877
Program Service Revenue $12,108
Investment Income $1
Other Revenue $83,204
TOTAL REVENUE $103,190

Expense Breakdown

Grants Paid $99,116
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $108,840
Other Expenses $9,724
TOTAL EXPENSES $108,840

Year-over-Year Comparison

2023 2022 Change
Revenue $103,190 $92,819 +0.1%
Expenses $108,840 $54,994 +1.0%
Net Income $-5,650 $37,825 -1.1%
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
9
Independent Members
7
Employees
N/A
Volunteers
174

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
5
$387,080
Total Directors
9
$387,080
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERONICA PATTON HOSPITAL LIAISON 1.30
Officer Director
$0 $12,471 $276,828
JANET WELLS RECORDING SECRETARY 1.30
Officer Director
$0 $10,130 $110,252
MARILYN WEBER CHAIR 1.30
Officer Director
$0 $0 $0
LYNNE ROTRUCK VICE CHAIR/ASSISTANT TREAS 1.30
Officer Director
$0 $0 $0
DARLENE BAKER TREASURER 1.30
Officer Director
$0 $0 $0
STEVE SCHLICHER ADVISORY BOARD 1.30
Director
$0 $0 $0
SHARON WILLS ADVISORY BOARD 1.30
Director
$0 $0 $0
BETTY SIARNICKI ADVISORY BOARD 1.30
Director
$0 $0 $0
CATHY BEATTY ADVISORY BOARD 1.30
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
2024 No data No data No data No data
2023 $103,190 $108,840 $80,456 $-5,650
2022 $92,819 $54,994 $86,106 $37,825
2021 $75,272 $93,174 $48,281 $-17,902
2020 $60,549 $60,306 $66,183 $243
2019 $120,855 $152,814 $65,940 $-31,959
2018 $138,029 $150,044 $97,899 $-12,015
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