HOPELIGHT MEDICAL CLINIC (EIN 464657471) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Phone

3037757723

Tax Period

2023-01-01 to 2023-12-31

HOPELIGHT MEDICAL CLINIC, founded in 2014, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Our primary mission is to provide quality free or low cost primary care to low-income patients in the greater Longmont area. The clinic also provides behavioral services for children with disabilities a fitness program and serves as a Red Cross Training 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $554,473

Program Service Revenue $4,626,294

Investment Income $623

Other Revenue $0

TOTAL REVENUE $5,181,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,577,353

Fundraising Expenses $0

Program Expenses $5,366,902

Other Expenses $922,967

TOTAL EXPENSES $5,500,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,181,390	$4,701,289	+0.1%
Expenses	$5,500,320	$5,042,976	+0.1%
Net Income	$-318,930	$-341,687	-0.1%

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

Governance

Voting Members

Independent Members

Employees

174

Volunteers

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
Edward Bowen	Executive Director	30.00	Officer Director	$0	$0	$0
Eric Baxtor	Board President	2.00	Director	$0	$0	$0
Lynnwood Cockerham	Board Member	2.00	Director	$0	$0	$0
Ken Dean	Board Member	2.00	Director	$0	$0	$0
Linsdey Wilson	Board Member	2.00	Director	$0	$0	$0
Glenna Glover	Board Member	2.00	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	$5,181,390	$5,500,320	$522,307	$-318,930
2022	$4,701,289	$5,042,976	$780,764	$-341,687
2021	$4,151,967	$4,737,581	$1,085,503	$-585,614
2021	$4,151,967	$4,737,581	$1,085,503	$-585,614
2020	$4,330,945	$3,528,154	$1,285,313	$802,791

HOPELIGHT MEDICAL CLINIC