DRS R W & J A LOVE MEMORIAL CLINIC (EIN 550518925) - 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

1975

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

DRS R W & J A LOVE MEMORIAL CLINIC, founded in 1975, is a small nonprofit that reported $272K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 30% operating margin.

Mission

NON-PROFIT COMMUNITY MEDICAL CLINIC THAT PROVIDES AFFORDABLE MEDICDAL SERVICES TO THE COMMUNITY.

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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 $135,617

Program Service Revenue $58,348

Investment Income $504

Other Revenue $77,430

TOTAL REVENUE $271,899

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,552

Fundraising Expenses $0

Program Expenses $191,437

Other Expenses $147,885

TOTAL EXPENSES $191,437

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,899	$1,656,688	-0.8%
Expenses	$191,437	$1,833,708	-0.9%
Net Income	$80,462	$-177,020	-1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Riggleman	Co-Treasurer	0.00	Director	$0	$0	$0
Sharon Bungard	President	0.00	Officer	$0	$0	$0
Joe Dodd	Vice-President	0.00	Officer	$0	$0	$0
Frances Welton	Secretary	0.00	Officer	$0	$0	$0
Tom Mathias	Co-Treasurer	0.00	Officer	$0	$0	$0
Andrew Funk	Director	15.00	Officer	$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	$271,899	$191,437	$681,299	$80,462
2023	$1,656,688	$1,833,708	$928,404	$-177,020
2022	$1,632,200	$1,785,282	$960,478	$-153,082
2021	$1,953,939	$1,864,522	$1,074,450	$89,417
2020	$1,986,064	$1,723,992	$1,099,148	$262,072

DRS R W & J A LOVE MEMORIAL CLINIC