EDWARDS FOUNDATION INC ATTN TIM MA… - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

TIM MARTIN

Phone

3045262171

Tax Period

2024-07-01 to 2025-06-30

EDWARDS FOUNDATION INC ATTN TIM MARTIN C/O CHHI, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $632K, a strong 45% operating margin.

Mission

THE EDWARDS FOUNDATION, INC. WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF CABELL HUNTINGTON HOSPITAL, INC. AND THE BOARD OF GOVERNORS, MARSHALL UNIVERSITY, BY CARRYING OUT EXCLUSIVELY CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $622,340

OWNERSHIP, MAINTENANCE, AND FINANCING OF A FACILITY TO BE USED BY CABELL HUNTINGTON HOSPITAL AND THE JOAN C. EDWARDS SCHOOL OF MEDICINE AT MARSHALL UNIVERSITY FOR THE DIAGNOSIS AND TREATMENT OF...

OWNERSHIP, MAINTENANCE, AND FINANCING OF A FACILITY TO BE USED BY CABELL HUNTINGTON HOSPITAL AND THE JOAN C. EDWARDS SCHOOL OF MEDICINE AT MARSHALL UNIVERSITY FOR THE DIAGNOSIS AND TREATMENT OF PERSONS AFFLICTED WITH CANCER.

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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 $0

Program Service Revenue $0

Investment Income $1,004,077

Other Revenue $401,589

TOTAL REVENUE $1,405,666

Expense Breakdown

Grants Paid $622,340

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $622,340

Other Expenses $151,322

TOTAL EXPENSES $773,662

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,405,666	$1,654,858	-0.2%
Expenses	$773,662	$2,600,368	-0.7%
Net Income	$632,004	$-945,510	-1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH HAMMERS	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN W YINGLING MD	DIRECTOR	N/A	Director	$0	$0	$0
PETER CHIRICO MD	DIRECTOR	N/A	Director	$0	$0	$0
BRENT A MARSTELLER	DIRECTOR	N/A	Director	$0	$0	$0
TIM MARTIN	PRESIDENT	N/A	Director	$0	$0	$0
DAVID GOZAL MD	DIRECTOR	N/A	Director	$0	$0	$0
LARRY DIAL MD	SECRETARY	N/A	Director	$0	$0	$0
SCOTT RAYNES	DIRECTOR	N/A	Director	$0	$0	$0
MARSHALL T REYNOLDS	DIRECTOR	N/A	Director	$0	$0	$0
MONTE WARD	CFO	N/A	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
2025	$1,405,666	$773,662	$22,859,172	$632,004
2024	$1,654,858	$2,600,368	$21,797,477	$-945,510
2023	$1,580,219	$28,914,900	$22,522,345	$-27,334,681
2022	$3,054,500	$1,579,956	$48,893,502	$1,474,544
2021	$4,555,406	$1,773,526	$51,248,816	$2,781,880
2020	$8,527,900	$1,951,607	$46,153,047	$6,576,293
2019	$7,030,579	$1,687,326	$40,147,182	$5,343,253

EDWARDS FOUNDATION INC ATTN TIM MARTIN C/O CHHI