MEMORIAL HEALTH FOUNDATION

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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

Phone

7852632100

Tax Period

2021-01-01 to 2021-12-31

MEMORIAL HEALTH FOUNDATION, founded in 2013, is a small nonprofit in the Health Care sector that reported $251K in total revenue in fiscal year 2021. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 74% operating margin.

Mission

Private foundation to enhance the presence and services of the Memorial Health System

Program Service Accomplishments

Program 1

Expenses: $64,734 Revenue: $251,327

Private foundation to enhance the presence and services of the Memorial Health System

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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 (2021)

Revenue Breakdown

Contributions & Grants $251,328

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $251,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,734

Other Expenses $64,734

TOTAL EXPENSES $64,734

Year-over-Year Comparison

	2021	2020	Change
Revenue	$251,328	$136,964	+0.8%
Expenses	$64,734	$124,988	-0.5%
Net Income	$186,594	$11,976	+14.6%

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

Independent Members

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
Jennifer Waite	Board Member	0.25	Director	$0	$0	$0
Dr Steve Schwarting	Board Member	0.25	Director	$0	$0	$0
Dr Dennis Biggs	Board Member	0.25	Director	$0	$0	$0
Dale Koop	Board Member	0.25	Director	$0	$0	$0
Anita Miller	Board Member	0.25	Director	$0	$0	$0
Harold Courtois	Board Member	1.0	Director	$0	$0	$0
Mildred Fink	Vice-Chair, Board of Directors	0.25	Officer	$0	$0	$0
Elgin Glanzer	Treasurer	1.0	Officer	$0	$0	$0
Tony Geiger	Secretary	0.25	Officer	$0	$0	$0
Kent Wyatt	Chairman	0.25	Officer	$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	$251,328	$64,734	$328,678	$186,594