UNIVERSITY HEALTH CARE FOUNDATION INC

EIN: 581343550 501(c)(3) Education

AUGUSTA, GA

Total Revenue
$4,073,339
Total Expenses
$1,058,784
Total Assets
$42,683,325
Net Assets
$42,583,416
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
GA
Principal Officer
DR LILY HENSON
Phone
7068282406
Tax Period
2022-07-01 to 2023-06-30

UNIVERSITY HEALTH CARE FOUNDATION INC, founded in 1978, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2022. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.0M, a strong 74% operating margin.

Mission

TO ENSURE THAT UNIVERSITY HEALTH SERVICES HAS THE RESOURCES NEEDED TO CARE FOR THE COMMUNITY AND TO FILL ITS PURPOSE TO MAKE A POSITIVE DIFFERENCE IN EVERY LIFE TOUCHED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,984,372
Program Service Revenue $0
Investment Income $1,117,594
Other Revenue $-28,627
TOTAL REVENUE $4,073,339

Expense Breakdown

Grants Paid $74,000
Salaries & Benefits $233,673
Fundraising Expenses $0
Program Expenses $898,078
Other Expenses $751,111
TOTAL EXPENSES $1,058,784

Year-over-Year Comparison

2022 2021 Change
Revenue $4,073,339 $2,105,646 +0.9%
Expenses $1,058,784 $1,351,330 -0.2%
Net Income $3,014,555 $754,316 +3.0%
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
13
Independent Members
12
Employees
N/A
Volunteers
267

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
6
$6,465,989
Total Directors
13
$861,141
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES R DAVIS CEO(UNTIL 12/2022) 5.0
Officer
$0 $24,618 $1,628,923
ELIZABETH LEDDY SECRETARY/CLO PHC 1.0
Officer
$0 $138,711 $1,528,197
THOMAS ARNOLD TREASURER/CFO PHC 1.0
Officer
$0 $130,741 $1,304,185
CARGILL ALLEYENE MD BOARD MEMBER 1.0
Director
$0 $21,599 $861,141
DAVID A BELKOSKI CFO 5.0
Officer
$0 $19,233 $850,690
LILY HENSON CEO (AS OF 1/2023) 5.0
Officer
$0 $92,972 $735,483
LAURIE OTT SMITH PRESIDENT UHCF 25.0
Officer
$0 $14,534 $418,511
ROBIN SMITH DUDLEY BOARD MEMBER 1.0
Director
$0 $0 $0
PHILIP GAFFNEY BOARD MEMBER 1.0
Director
$0 $0 $0
DAVID HOGG JR BOARD MEMBER 1.0
Director
$0 $0 $0
JED W HOWINGTON MD BOARD MEMBER 1.0
Director
$0 $0 $0
JAY MURRAY BOARD MEMBER 1.0
Director
$0 $0 $0
JOSHUA RAFOTH MD BOARD MEMBER 1.0
Director
$0 $0 $0
BRIAN RHODES BOARD MEMBER 1.0
Director
$0 $0 $0
TAITE SASNETT BOARD MEMBER 1.0
Director
$0 $0 $0
BECKY SMITH BOARD MEMBER 1.0
Director
$0 $0 $0
ANNE D TROTTER BOARD MEMBER 1.0
Director
$0 $0 $0
MARK WILLS BOARD MEMBER 1.0
Director
$0 $0 $0
TOM WYATT BOARD MEMBER 1.0
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $4,073,339 $1,058,784 $42,683,325 $3,014,555
2022 $2,105,646 $1,351,330 $36,830,416 $754,316
2021 $4,123,621 $3,351,790 $42,259,800 $771,831
2020 $4,103,727 $4,320,170 $38,713,066 $-216,443
2019 $4,128,015 $4,148,275 $42,325,194 $-20,260
2018 $3,870,991 $9,520,078 $37,013,073 $-5,649,087
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