ST PETERS HOSPITAL FOUNDATION INC

EIN: 560669373 501(c)(3)

CHARLOTTE, NC

Total Revenue
$97,508
Total Expenses
$126,171
Total Assets
$1,907,084
Net Assets
$1,907,084
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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
1879
Legal Domicile
NC
Principal Officer
JOHN BOWERS
Phone
7045231831
Tax Period
2024-01-01 to 2024-12-31

ST PETERS HOSPITAL FOUNDATION INC, founded in 1879, is a micro nonprofit that reported $98K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $126K exceeded revenue, resulting in a 29% operating deficit.

Mission

CHARITABLE FOUNDATION PROVIDING FUNDS TO INSTITUTIONS AND INDIVIDUALS FOR RELIEF OF SICK AND DESTITUE PERSONS, ORPHANS, AND OTHER PERSONS NEEDING ASSISTANCE PER THE BOARDS JUDGEMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,500
Program Service Revenue $0
Investment Income $96,008
Other Revenue $0
TOTAL REVENUE $97,508

Expense Breakdown

Grants Paid $122,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $122,000
Other Expenses $4,171
TOTAL EXPENSES $126,171

Year-over-Year Comparison

2024 2023 Change
Revenue $97,508 $53,350 +0.8%
Expenses $126,171 $124,565 +0.0%
Net Income $-28,663 $-71,215 -0.6%
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
12
Independent Members
12
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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHERINE ADDISON BENEVOLENCE N/A
Director
$0 $0 $0
STEVE BENTLEY BOARD MEMBER N/A
Director
$0 $0 $0
JOHN BOWERS PRESIDENT N/A
Officer Director
$0 $0 $0
DUMONT CLARKE IV SECRETARY N/A
Officer Director
$0 $0 $0
DAVID JACOBS VICE PRESIDE N/A
Officer Director
$0 $0 $0
CHRIS LAKIN BOARD MEMBER N/A
Director
$0 $0 $0
TAMMY LANGLEY TREASURER N/A
Officer Director
$0 $0 $0
MARIA LONG BOARD MEMBER N/A
Director
$0 $0 $0
AL MCMILLIAN BOARD MEMBER N/A
Director
$0 $0 $0
BILL MERLO BOARD MEMBER N/A
Director
$0 $0 $0
JOHN MUNCE BOARD MEMBER N/A
Director
$0 $0 $0
EDWIN THOMAS FORMER PRESI N/A
Officer 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
2024 $97,508 $126,171 $1,907,084 $-28,663
2023 $53,350 $124,565 $1,935,747 $-71,215
2022 $112,323 $126,129 $2,008,484 $-13,806
2021 $84,320 $230,233 $2,023,283 $-145,913
2020 $-8,203 $91,819 $2,167,462 $-100,022
2019 $1,174,921 $98,688 $2,266,704 $1,076,233
2018 $48,790 $98,900 $1,190,471 $-50,110
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