THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC (EIN 571138956) - 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

2003

Legal Domicile

Principal Officer

KATHLEEN RHINE

Phone

8142317000

Tax Period

2024-07-01 to 2025-06-30

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC, founded in 2003, is a mid-sized nonprofit in the Health Care sector that reported $11.2M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.8M, a strong 52% operating margin.

Mission

PROVIDE FUNDRAISING & SUPPORT TO FURTHER THE CHARITABLE, EDUCATIONAL & SCIENTIFIC PURPOSES OF MNMC.

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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 $11,399,292

Program Service Revenue $0

Investment Income $-110,481

Other Revenue $-50,476

TOTAL REVENUE $11,238,335

Expense Breakdown

Grants Paid $4,058,285

Salaries & Benefits $915,650

Fundraising Expenses $1,145,083

Program Expenses $4,058,285

Other Expenses $473,129

TOTAL EXPENSES $5,447,064

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,238,335	$7,629,084	+0.5%
Expenses	$5,447,064	$4,930,849	+0.1%
Net Income	$5,791,271	$2,698,235	+1.1%

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

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

$1,983,811

Total Directors

$805,047

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM P HAYES	CHAIR	2.00	Officer Director	$0	$0	$0
KAY KUSTANBAUTER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KASANDRA A BOTTI DO	SECRETARY	2.00	Officer Director	$0	$0	$0
THOMAS J TARICANI	TREASURER	2.00	Officer Director	$0	$0	$0
KATHLEEN RHINE	CEO/OFFICER/DIRECTOR	2.00	Officer Director	$0	$201,204	$805,047
BETH KALENAK	DIRECTOR	2.00	Director	$0	$0	$0
TED OYLER	DIRECTOR	2.00	Director	$0	$0	$0
THEODORE ZIFF MD	DIRECTOR	2.00	Director	$0	$0	$0
ADRIENNE KRASOWITZ	EXECUTIVE DIRECTOR	40.00	Officer	$230,765	$14,074	$244,839
BRYAN ROACH	EXECUTIVE VP/CFO	2.00	Officer	$0	$174,912	$933,925
LANCE ROSE	FORMER CEO/OFFICER/DIRECTO	0.00		$0	$0	$14,721

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
2025	$11,238,335	$5,447,064	$33,011,417	$5,791,271
2024	$7,629,084	$4,930,849	$24,256,882	$2,698,235
2023	$6,254,654	$3,874,054	$19,480,920	$2,380,600
2022	$6,079,084	$2,836,639	$15,006,858	$3,242,445
2021	$2,657,809	$4,142,349	$18,337,133	$-1,484,540
2020	$4,328,919	$4,440,236	$17,756,624	$-111,317
2019	$4,474,617	$799,652	$17,779,085	$3,674,965
2018	$3,461,989	$783,004	$13,181,252	$2,678,985

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC