GALEN INSTITUTE INC

EIN: 541770524 501(c)(3)

PAEONIAN SPRINGS, VA

Total Revenue
$114,244
Total Expenses
$481,565
Total Assets
N/A
Net Assets
N/A
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
GRACE-MARIE TURNER
Phone
7036874665
Tax Period
2022-01-01 to 2022-12-31

GALEN INSTITUTE INC, founded in 1995, is a small nonprofit that reported $724K in total revenue in fiscal year 2018. Revenue decreased 20% compared to the prior year. Net assets of $1.6M represent 27 months of operating reserves.

Mission

ADVANCING FREE-MARKET IDEAS IN HEALTH POLICY THROUGH ANALYSIS AND PUBLIC EDUCATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $113,950
Program Service Revenue $0
Investment Income $294
Other Revenue $0
TOTAL REVENUE $114,244

Expense Breakdown

Grants Paid $0
Salaries & Benefits $295,408
Fundraising Expenses $17,309
Program Expenses $366,253
Other Expenses $186,157
TOTAL EXPENSES $481,565

Year-over-Year Comparison

2022 2021 Change
Revenue $114,244 $902,497 -0.9%
Expenses $481,565 $940,838 -0.5%
Net Income $-367,321 $-38,341 +8.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
1
Volunteers
10

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
$282,968
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRACE-MARIE TURNER PRESIDENT 060.00
Officer
$227,386 $55,582 $282,968
BETH HAYNES TREASURER 006.00
Officer Director
$0 $0 $0
JOHN HOFF SECRETARY 006.00
Officer Director
$0 $0 $0
JUDITH BRACHMAN TRUSTEE 006.00
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
2022 $114,244 $481,565 No data $-367,321
2021 $902,497 $940,838 $1,675,249 $-38,341
2020 $762,152 $747,532 $1,713,374 $14,620
2019 $746,400 $741,480 $1,693,410 $4,920
2018 $724,195 $744,935 $1,655,960 $-20,740
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GALEN INSTITUTE INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.