FLOYD HEALTH CARE FOUNDATION INC (EIN 581375074) - 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

1979

Legal Domicile

Principal Officer

LAUREN ADAMS

Phone

7065096066

Tax Period

2023-01-01 to 2023-12-31

FLOYD HEALTH CARE FOUNDATION INC, founded in 1979, is a small nonprofit in the Health Care sector that reported $521K in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $369K, a strong 71% operating margin.

Mission

QUALITY HEALTH CARE THAT IS COMPASSIONATE AND WITHOUT BARRIERS IS CRITICAL TO THE COMMUNITIES WE SERVE. FLOYD HEALTHCARE FOUNDATION HELPS TO ENSURE THAT EXCELLENT CARE IS AVAILABLE AT THE FLOYD MEDICAL CENTER BY DEVELOPING A NETWORK OF FRIENDS AND CORPORATE SUPPORTERS WHO EMBRACE THAT PHILOSOPHY AND WORK TO MAKE IT A REALITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $400,841

Program Service Revenue $0

Investment Income $120,073

Other Revenue $0

TOTAL REVENUE $520,914

Expense Breakdown

Grants Paid $129,845

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,845

Other Expenses $21,777

TOTAL EXPENSES $151,622

Year-over-Year Comparison

	2023	2022	Change
Revenue	$520,914	$327,595	+0.6%
Expenses	$151,622	$500,962	-0.7%
Net Income	$369,292	$-173,367	-3.1%

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

N/A

Volunteers

100

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

$2,311,896

Total Directors

$218,941

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT STUENKEL	HOSPITAL CEO	1.00	Officer	$0	$52,834	$1,697,674
E CLARICE CABLE	FORMER OFFIC	N/A		$0	$51,339	$459,815
PHILIP WHEELER	CFO	1.00	Officer	$0	$38,095	$451,911
KAREN SABLON	DIRECTOR	1.00	Director	$0	$27,740	$218,941
LAUREN ADAMS	FOUNDATION D	39.00	Officer	$0	$20,812	$162,311
RYAN EARNEST	DIRECTOR	1.00	Director	$0	$0	$0
ROGER GOSS	DIRECTOR	1.00	Director	$0	$0	$0
MARC HARDEMAN	TREASURER	1.00	Officer Director	$0	$0	$0
MARY HELEN HEANER	CHAIR	1.00	Officer Director	$0	$0	$0
ABBY HOLCOMBE	DIRECTOR	1.00	Director	$0	$0	$0
DENISE MCKINNEY	DIRECTOR	1.00	Director	$0	$0	$0
PAIGE SWIGER	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN TEMPLE	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$520,914	$151,622	$3,641,696	$369,292
2022	$327,595	$500,962	$3,272,404	$-173,367
2021	$619,718	$401,084	$3,446,162	$218,634
2020	$624,355	$542,993	$3,227,137	$81,362
2019	$663,719	$221,360	$3,145,775	$442,359
2018	$865,970	$1,780,571	$2,703,773	$-914,601

FLOYD HEALTH CARE FOUNDATION INC