BEDFORD COMMUNITY HEALTH FOUNDATION

EIN: 541088024 501(c)(3) Philanthropy & Grantmaking

BEDFORD, VA

Total Revenue
$795,741
Total Expenses
$665,635
Total Assets
$6,527,799
Net Assets
$6,524,532
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
JASON OWENS
Phone
5405865292
Tax Period
2024-01-01 to 2024-12-31

BEDFORD COMMUNITY HEALTH FOUNDATION, founded in 1984, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $486K in total revenue in fiscal year 2018. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $87K, a strong 18% operating margin.

Mission

* WORKS TO IDENTIFY AND ADDRESS COMMUNITY HEALTH NEEDS* AWARDS SCHOLARSHIPS FOR NURSING PROGRAMS AND ALLIED HEALTH EDUCATION* MAKES GRANTS TO NON-PROFIT ORGANIZATIONS PROVIDING DIRECT HEALTH SERVICES* ENCOURAGES COMMUNITY INVOLVEMENT THROUGH DONATIONS AND SERVICE* SERVES AS A COMMUNITY HEALTH INFORMATION RESOURCE

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $302,640
Program Service Revenue $0
Investment Income $493,101
Other Revenue $0
TOTAL REVENUE $795,741

Expense Breakdown

Grants Paid $193,313
Salaries & Benefits $147,613
Fundraising Expenses $31,443
Program Expenses $589,911
Other Expenses $324,709
TOTAL EXPENSES $665,635

Year-over-Year Comparison

2024 2023 Change
Revenue $795,741 $482,644 +0.6%
Expenses $665,635 $637,994 +0.0%
Net Income $130,106 $-155,350 -1.8%
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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Governance

Voting Members
9
Independent Members
9
Employees
2
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
3
$0
Total Directors
9
$0
Key Employees
1
$92,266
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARRETT HURT CHAIR PERSON 2.00
Officer Director
$0 $0 $0
PATRICIA KNOX VICE CHAIR PERSON 2.00
Officer Director
$0 $0 $0
JASON OWENS TREASURER 2.00
Officer Director
$0 $0 $0
JOHN NETZEL TRUSTEE 2.00
Director
$0 $0 $0
MARY ZIRKLE TRUSTEE 2.00
Director
$0 $0 $0
JOHN STAFFORD TRUSTEE 2.00
Director
$0 $0 $0
PATRICIA WALKER TRUSTEE 2.00
Director
$0 $0 $0
JOHN MESSIER TRUSTEE 2.00
Director
$0 $0 $0
EMILY ROWE-SITZLER TRUSTEE 2.00
Director
$0 $0 $0
DENNY HUFF EXECUTIVE DIRECTOR 38.00
Key Emp
$92,266 $0 $92,266
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 $795,741 $665,635 $6,527,799 $130,106
2023 $482,644 $637,994 $6,111,580 $-155,350
2022 $265,868 $612,912 $5,656,247 $-347,044
2021 $1,339,986 $483,694 $7,399,354 $856,292
2020 $1,274,220 $392,521 $6,280,363 $881,699
2019 $457,869 $449,887 $4,724,565 $7,982
2018 $486,319 $399,461 $4,119,833 $86,858
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