GORDONSVILLE MEDICAL AID FUND INC

EIN: 540845138 501(c)(3) Health Care

GORDONSVILLE, VA

Total Revenue
$107,928
Total Expenses
$80,176
Total Assets
$1,527,946
Net Assets
$1,527,946
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Phone
5408322442
Tax Period
2024-07-01 to 2025-06-30

GORDONSVILLE MEDICAL AID FUND INC, founded in 1950, is a small nonprofit in the Health Care sector that reported $108K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 26% operating margin.

Mission

TO CARRY ON ANY EDUCATIONAL ACTIVITIES RELATED TO RENDERING CARE TO THE SICK AND INJURED, OR TO THE PROMOTION OF HEALTH, THAT IN THE OPINION OF THE BOARD OF TRUSTEES, MAY BE JUSTIFIED BY THE FACILITIES, PERSONNEL, FUNDS AND OTHER REQUIREMENTS THAT ARE, OR CAN BE, MADE AVAILABLE.

Program Service Accomplishments

Program 1
Expenses: $77,638

COMMUNITY ASSISTANCE FOR MEDICAL NEEDS

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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 $0
Investment Income $107,928
Other Revenue $0
TOTAL REVENUE $107,928

Expense Breakdown

Grants Paid $57,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,638
Other Expenses $22,926
TOTAL EXPENSES $80,176

Year-over-Year Comparison

2024 2023 Change
Revenue $107,928 $80,657 +0.3%
Expenses $80,176 $64,872 +0.2%
Net Income $27,752 $15,785 +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

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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
4
Independent Members
9
Employees
N/A
Volunteers
9

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS MAY President 2.00
Officer Director
$0 $0 $0
RANDY PREDDY Vice President 2.00
Officer Director
$0 $0 $0
SR RICHARDSON Treasurer 2.00
Officer Director
$0 $0 $0
NANCY BEASLEY Secretary 2.00
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
2025 $107,928 $80,176 $1,527,946 $27,752
2024 $80,657 $64,872 $1,461,611 $15,785
2023 $53,465 $70,627 $1,359,594 $-17,162
2022 $140,287 $76,702 $1,297,537 $63,585
2021 $115,583 $71,587 $1,577,297 $43,996
2021 $125,151 $71,949 $1,586,879 $53,202
2020 $84,638 $53,758 $1,289,432 $30,880
2019 $64,772 $58,260 $1,267,331 $6,512
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