THE MEMORIAL HOSPITAL FOUNDATION

EIN: 463246618 501(c)(3) Health Care

PAWTUCKET, RI

Total Revenue
$1,522
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
RI
Principal Officer
JAMES E FANALE MD
Phone
4019217602
Tax Period
2017-10-01 to 2018-09-30

THE MEMORIAL HOSPITAL FOUNDATION, founded in 2012, is a micro nonprofit in the Health Care sector that reported $2K in total revenue in fiscal year 2017. Revenue fell 99% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF THE MEMORIAL HOSPITAL; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $256
Investment Income $1,266
Other Revenue $0
TOTAL REVENUE $1,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2017 2016 Change
Revenue $1,522 $123,984 -1.0%
Expenses N/A $104,482 -1.0%
Net Income N/A $19,502 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
12
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
3
$0
Total Directors
14
$2,072,398
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARL F SHERRY CHAIR - DIRECTOR 1.0
Officer Director
$0 $0 $0
IRENE A SCHMITT SECRETARY - DIRECTOR 1.0
Officer Director
$0 $0 $0
ARTHUR J DEBLOIS III TREASURER - DIRECTOR 1.0
Officer Director
$0 $0 $0
PETER BAZIOTIS MD DIRECTOR 1.0
Director
$0 $0 $0
ROBERT BURROUGHS MD DIRECTOR 1.0
Director
$0 $0 $0
JAMES E FANALE MD DIR; PRES/CEO/CNE (EFF 1/1/18) 55.0
Director
$0 $39,140 $811,590
DONNA GREGSON DIRECTOR 1.0
Director
$0 $0 $0
WILLIAM J HUNT DIRECTOR 1.0
Director
$0 $0 $0
F PAUL MOONEY JR DIRECTOR 1.0
Director
$0 $0 $0
JOSEPH ORITI DIRECTOR; EX-OFFICIO 1.0
Director
$0 $0 $0
MARYBETH REIS DIRECTOR 1.0
Director
$0 $0 $0
VIRGINIA C ROBERTS DIRECTOR 1.0
Director
$0 $0 $0
GREGORY G SCOWN DIRECTOR 1.0
Director
$0 $0 $0
DENNIS D KEEFE DIR; PRES/CEO/CNE (TERM 12/31) 55.0
Director
$0 $44,993 $1,260,808
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
2018 $1,522 No data No data No data
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE MEMORIAL HOSPITAL FOUNDATION with other nonprofits in Rhode Island and across the country.