CHERRY COUNTY HOSPITAL 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

2024

Legal Domicile

Principal Officer

S ROURKE SPRINGER

Phone

4023762483

Tax Period

2024-01-01 to 2024-12-31

CHERRY COUNTY HOSPITAL FOUNDATION, founded in 2024, is a small nonprofit that reported $948K in total revenue in fiscal year 2024. The organization ran a surplus of $239K, a strong 25% operating margin.

Mission

FUNDRAISING TO ASSIST THE CHERRY COUNTY HOSPITAL OR OTHER HOSPITALS, FIRST AID STATIONS, PUBLIC HEALTH CARE FACILITIES, OR PUBLIC HEALTH CARE SERVICES, WHICH PROVIDE SERVICES TO CHERRY COUNTY NEBRASKA, TO OBTAIN MAJOR EQUIPMENT ITEMS AND STAFF TRAINING NOT PROVIDED FOR IN THE HOSPITALS REGULAR BUDGET

Program Service Accomplishments

Program 1

Expenses: $697,903

PURCHASE HOSPITAL EQUIPMENT FOR CHERRY COUNTY HOSPITAL INCLUDING AMBULANCE, COLONOSCOPE, DEFIBRILLATOR, EKG MACHINE, EXAM CHAIRS, GASTROSCOPE, INFANT SECURITY SYSTEM, NIDEK LASER MACHINE, OCT MACHINE...

Program 2

Expenses: $10,000

PROVIDE SUPPORT FOR PURCHASE OF AMBULANCE FOR RURAL CHERRY COUNTY NEBRASKA BY THEDFORD VOLUNTEER AMBULANCE RESCUE SQUAD

Program 3

Expenses: $1,000

SANDHILLS AREA FOUNDATION FOR NURSE SCHOLARSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $886,518

Program Service Revenue $0

Investment Income $50,724

Other Revenue $11,044

TOTAL REVENUE $948,286

Expense Breakdown

Grants Paid $708,903

Salaries & Benefits $0

Fundraising Expenses $675

Program Expenses $708,903

Other Expenses $675

TOTAL EXPENSES $709,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$948,286	N/A	N/A
Expenses	$709,578	N/A	N/A
Net Income	$238,708	N/A	N/A

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

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
JESSICA ABBOTT	PRESIDENT	001.00	Officer	$0	$0	$0
AMY ARGANBRIGHT	VP	001.00	Officer	$0	$0	$0
NADEANNE ALLARD	SECRETARY	001.00	Officer	$0	$0	$0
S ROURKE SPRINGER	TREASURER	001.00	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
2024	$948,286	$709,578	$431,712	$238,708