HOWARD COUNTY MEDICAL CENTER FOUND… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

NANCY HARRINGTON

Phone

3087544421

Tax Period

2024-07-01 to 2025-06-30

HOWARD COUNTY MEDICAL CENTER FOUNDATION, founded in 1992, is a small nonprofit in the Health Care sector that reported $503K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $628K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE PURPOSE OF THE HOWARD COUNTY MEDICAL CENTER FOUNDATION SHALL BE TO PRESERVE AND ENHANCE THE SERVICES OF HOWARD COUNTY MEDICAL CENTER.

Program Service Accomplishments

Program 1

Expenses: $600,891

THE PURPOSE OF THE HOWARD COUNTY MEDICAL CENTER FOUNDATION SHALL BE TO PRESERVE AND ENHANCE THE SERVICES OF HOWARD COUNTY MEDICAL CENTER. FUNDRAISING ACTIVITIES INCLUDE THE CLOSER TO HOME TOUR, GOLF...

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $278,688

Program Service Revenue $0

Investment Income $175,229

Other Revenue $48,755

TOTAL REVENUE $502,672

Expense Breakdown

Grants Paid $523,526

Salaries & Benefits $0

Fundraising Expenses $11,786

Program Expenses $600,891

Other Expenses $104,819

TOTAL EXPENSES $628,345

Year-over-Year Comparison

	2024	2023	Change
Revenue	$502,672	$1,342,081	-0.6%
Expenses	$628,345	$1,180,338	-0.5%
Net Income	$-125,673	$161,743	-1.8%

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

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

$105,362

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY HARRINGTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAN THEDE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KELLIE SEWARD	SECRETARY	1.00	Officer Director	$0	$0	$0
HARRIET STEENSON	DIRECTOR	1.00	Director	$0	$0	$0
DAN NIELSEN	DIRECTOR	1.00	Director	$0	$0	$0
THEDA VAN HORN	DIRECTOR	1.00	Director	$0	$0	$0
MALLORY DUGAN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BRANDT	DIRECTOR	1.00	Director	$0	$0	$0
SARAH EGGER	DIRECTOR	1.00	Director	$0	$0	$0
PARKER KLINGINSMITH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
KEELY HUEBNER	FOUNDATION DIRECTOR	20.00	Officer	$90,027	$15,335	$105,362

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
2025	$502,672	$628,345	$1,577,395	$-125,673
2024	$1,342,081	$1,180,338	$1,963,748	$161,743
2023	$887,134	$1,276,880	$1,551,439	$-389,746
2022	$329,052	$123,940	$1,180,644	$205,112
2021	$246,307	$121,793	$1,149,406	$124,514
2020	$620,730	$585,261	$881,178	$35,469
2019	$389,663	$152,362	$775,204	$237,301

HOWARD COUNTY MEDICAL CENTER FOUNDATION