BINGHAM AREA HEALTH COUNCIL INC (EIN 510187548) - 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

2002

Legal Domicile

Principal Officer

CHESTER HIBBARD

Phone

2077175967

Tax Period

2024-01-01 to 2024-12-31

BINGHAM AREA HEALTH COUNCIL INC, founded in 2002, is a micro nonprofit that reported $86K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 19% operating margin.

Mission

PROVIDE RENTAL SPACE TO HEALTH CARE PROVIDERS FOR MEDICAL AND DENTAL CARE.

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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 $46,000

Program Service Revenue $34,704

Investment Income $5,488

Other Revenue $0

TOTAL REVENUE $86,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,044

Other Expenses $69,768

TOTAL EXPENSES $69,768

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,192	$72,081	+0.2%
Expenses	$69,768	$62,791	+0.1%
Net Income	$16,424	$9,290	+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

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
CHESTER HIBBARD	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT DUNNE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LOUISE STRICKLAND	SECRETARY	1.00	Officer Director	$0	$0	$0
BARBARA DUNNE	TREASURER	3.00	Officer Director	$0	$0	$0
CAROLSUE B HILL	ASSISTANT TR	1.00	Officer Director	$0	$0	$0
DEBRA HIBBARD	BOARD MEMBER	0.50	Director	$0	$0	$0
DANETTE MESSER	BOARD MEMBER	0.50	Director	$0	$0	$0
MARTHA YOUNG	BOARD MEMBER	0.50	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	$86,192	$69,768	$657,947	$16,424
2023	$72,081	$62,791	$641,523	$9,290
2022	$99,450	$63,839	$632,233	$35,611
2021	$63,800	$64,422	$596,622	$-622
2020	$75,672	$54,859	$597,244	$20,813
2019	$44,861	$66,318	$576,431	$-21,457
2018	$44,253	$63,069	$597,888	$-18,816

BINGHAM AREA HEALTH COUNCIL INC