LOUISA CO HEALTH CENTER COMMISSION

EIN: 541051113 501(c)(3)

LOUISA, VA

Total Revenue
$22,425
Total Expenses
$41,466
Total Assets
$516,785
Net Assets
$516,235
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1981
Principal Officer
TOM FILER
Phone
5409670401
Tax Period
2019-07-01 to 2020-06-30

LOUISA CO HEALTH CENTER COMMISSION, founded in 1981, is a small nonprofit that reported $156K in total revenue in fiscal year 2018. Revenue surged 673% from the prior year, signaling strong growth momentum. Net assets of $987K represent 76 months of operating reserves.

Mission

A PUBLIC CORPORATION CREATED TO SUPPORT, ENHANCE, AND IMPROVE MEDICAL AND HEALTH RELATED SERVICES IN AND AROUND LOUISA COUNTY, VIRGINIA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $20,792
Investment Income $1,633
Other Revenue $0
TOTAL REVENUE $22,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $300
Program Expenses $40,865
Other Expenses $41,466
TOTAL EXPENSES $41,466

Year-over-Year Comparison

2019 2018 Change
Revenue $22,425 $156,484 -0.9%
Expenses $41,466 $153,146 -0.7%
Net Income $-19,041 $3,338 -6.7%
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
4
Independent Members
4
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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM FILER CHAIRMAN N/A
Officer Director
$0 $0 $0
JEFF FEAGANS VICE-CHAIRMA N/A
Officer Director
$0 $0 $0
CHRISTIAN GOODWIN DIRECTOR N/A
Director
$0 $0 $0
BRENT WHITLOCK DIRECTOR N/A
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
2020 $22,425 $41,466 $516,785 $-19,041
2019 $156,484 $153,146 $987,501 $3,338
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