Princeton, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Princeton Community Hospital Foundation Inc, founded in 1989, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2022. Net assets of $7.0M represent 49 months of operating reserves.
Princeton Community Hospital Foundation, Inc. is a non-profit, tax-exempt organization that depends on the generosity of individuals, families, organizations, and grant funds to support Princeton Community Hospital in its mission of providing high quality, cost effective health and wellness services to its community.
The Foundation operated a community health and fitness center to facilitate preventative health care and promote healthy life styles within the community. During Fiscal Year 2023, the fitness center...
The Foundation operated a community health and fitness center to facilitate preventative health care and promote healthy life styles within the community. During Fiscal Year 2023, the fitness center served an estimated 2,881 members, providing income adjusted fees to allow affordable memberships to the community. In addition, the fitness center offered an after school program which provided services to 73 community children in a structured, health and fitness oriented environment and provided services for 17 participants in West Virginia PEIA health lifestyles program.
The Foundation provided support in FY 2023 for patients at Princeton Community Hospital. Patients were assisted by $8,568 from the Hospitality House program, and $14,521 from the Cancer Care Fund and...
The Foundation provided support in FY 2023 for patients at Princeton Community Hospital. Patients were assisted by $8,568 from the Hospitality House program, and $14,521 from the Cancer Care Fund and $192 from the Hearts of PCH. These funds provided patients who qualified with prescriptions upon their discharge, cab fair, gasoline, and lodging, if needed. In addition, patients were provided $73,720 in financial assistance for their hospital care through the Neighborhood Investment Program.
The Foundation's Muldoon Scholarship Fund provided 20 students pursuing careers in healthcare with sholarships in 2023.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,712,486 | $1,727,154 | 0.0% |
| Expenses | $1,754,885 | $1,667,320 | +0.1% |
| Net Income | $-42,399 | $59,834 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Gopal M Pardasani MD | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Cole | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marie Blackwell | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Martha Sabol | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ed Gilger | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rusty Sarver | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Giffen | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Craig Hammond | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Rosemary Mitchell | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ralph Modena | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Worley | Fitness Center Director | 40.00 |
Officer
|
$63,110 | $2,098 | $65,208 |
| Diane Spencer | VP of Finance | 10.00 |
Officer
|
$0 | $34,439 | $240,939 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,712,486 | $1,754,885 | $8,082,967 | $-42,399 |
| 2023 | $962,433 | $937,597 | $8,653,209 | $24,836 |
| 2022 | $1,727,154 | $1,667,320 | $6,114,580 | $59,834 |
| 2021 | $2,073,546 | $1,443,609 | $6,483,509 | $629,937 |
| 2020 | $1,474,467 | $1,543,533 | $5,560,578 | $-69,066 |
| 2019 | $1,664,312 | $1,812,034 | $5,673,934 | $-147,722 |
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