THE VA MEDICAL FOSTER HOME

EIN: 475320855 501(c)(3) Health Care

MEMPHIS, TN

Total Revenue
$72,630
Total Expenses
$74,551
Total Assets
$19,750
Net Assets
$7,400
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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
2016
Legal Domicile
TN
Principal Officer
ANNIE GRIFFIN
Phone
9012385222
Tax Period
2024-01-01 to 2024-12-31

THE VA MEDICAL FOSTER HOME, founded in 2016, is a micro nonprofit in the Health Care sector that reported $73K in total revenue in fiscal year 2024.

Mission

THE VA MEDICAL FOSTER HOME (MFH) PROGRAM PROVIDES PRIMARY HEALTH CARE FOR DEPENDENT, CHRONICALLY AND TERMINALLY ILL VETERANS IN ANON-INSTITUTIONAL COMMUNITY-BASED SETTING.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $72,630
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $74,551
Other Expenses $74,551
TOTAL EXPENSES $74,551

Year-over-Year Comparison

2024 2023 Change
Revenue $72,630 $67,728 +0.1%
Expenses $74,551 $71,478 +0.0%
Net Income $-1,921 $-3,750 -0.5%
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSIE GOLDEN PRESIDENT 25.00
Director Key Emp
$0 $0 $0
ANNIE GRIFFIN DIRECTOR 50.00
Officer
$0 $0 $0
ANNIE GRIFFIN PRESIDENT 0.00
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 $72,630 $74,551 $19,750 $-1,921
2023 $67,728 $71,478 $15,750 $-3,750
2022 $54,828 $55,103 $11,100 $-275
2021 $28,656 $33,284 $8,660 $-4,628
2020 $20,980 $26,180 $7,331 $-5,200
2019 No data No data $7,280 No data
2018 $14,880 $16,332 $7,280 $-1,452
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