HADLEY FOUNDATION INC

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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

1991

Legal Domicile

Phone

7856288226

Tax Period

2023-01-01 to 2023-12-31

HADLEY FOUNDATION INC, founded in 1991, is a small nonprofit in the Health Care sector that reported $866K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $193K, a strong 22% operating margin.

Mission

SUPPORT FOR HAYS MEDICAL CENTER

Program Service Accomplishments

Program 1

Expenses: $559,609

PROVIDE SUPPORT FOR THE ACTIVITIES AND MISSIONS OF HAYS MEDICAL CENTER AND RELATED HEALTHCARE ENTITIES THAT SUPPORT HAYS MEDICAL 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 $0

Program Service Revenue $0

Investment Income $452,448

Other Revenue $413,458

TOTAL REVENUE $865,906

Expense Breakdown

Grants Paid $559,609

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $559,609

Other Expenses $112,985

TOTAL EXPENSES $672,594

Year-over-Year Comparison

	2023	2022	Change
Revenue	$865,906	$1,295,463	-0.3%
Expenses	$672,594	$506,122	+0.3%
Net Income	$193,312	$789,341	-0.8%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
WENDY ROHLEDER-SOOK	Director	Director	$0	$0	$0
KURT DAVID	Director	Director	$0	$0	$0
ALAN MOORE	Director	Director	$0	$0	$0
JEFFREY CURTIS MD	Director	Director	$0	$0	$0
KORINNA PARKER	Secretary/Treas	Officer Director	$0	$0	$0
JOSEPH W JETER	Chairman/Pres	Officer Director	$0	$0	$0
PAUL MCRAE DVM	Director	Director	$0	$0	$0
DAVID VAN DOREN	Vice President	Officer 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	$865,906	$672,594	$14,409,238	$193,312
2022	$1,295,463	$506,122	$13,216,065	$789,341
2021	$1,292,376	$512,659	$13,944,109	$779,717
2020	$889,413	$466,292	$12,127,158	$423,121
2019	$793,260	$494,727	$11,784,755	$298,533
2018	$1,144,040	$499,891	$9,913,030	$644,149