LENOIR MEMORIAL HOSPITAL FOUNDATION INC

EIN: 581584139 501(c)(3)

KINSTON, NC

Total Revenue
$519,885
Total Expenses
$441,435
Total Assets
$6,305,358
Net Assets
$6,301,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NC
Principal Officer
BHARADWAJ MANTHA
Phone
2525227028
Tax Period
2024-07-01 to 2025-06-30

LENOIR MEMORIAL HOSPITAL FOUNDATION INC, founded in 1984, is a small nonprofit that reported $520K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $78K, a strong 15% operating margin.

Mission

SUPPORT THE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF LENOIR MEMORIAL HOSPITAL (DBA) UNC HEALTH LENOIR.

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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 $345,184
Program Service Revenue $0
Investment Income $156,377
Other Revenue $18,324
TOTAL REVENUE $519,885

Expense Breakdown

Grants Paid $159,471
Salaries & Benefits $0
Fundraising Expenses $102,650
Program Expenses $198,950
Other Expenses $281,964
TOTAL EXPENSES $441,435

Year-over-Year Comparison

2024 2023 Change
Revenue $519,885 $586,532 -0.1%
Expenses $441,435 $411,703 +0.1%
Net Income $78,450 $174,829 -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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Governance

Voting Members
19
Independent Members
15
Employees
N/A
Volunteers
22

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
8
$604,774
Total Directors
23
$688,222
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF WAKEFIELD FORMER CFO OF UNC HEALTH LENOIR 1.00
Officer Director
$0 $18,882 $134,297
CONSTANCE HENGEL FORMER FOUNDATION DIRECTOR 40.00
Officer Director
$0 $4,655 $104,300
BHARADWAJ MANTHA CFO OF UNC HEALTH LENIOR 1.00
Officer Director
$0 $8,950 $259,933
VICKIE ROBINSON FOUNDATION DIRECTOR 40.00
Officer Director
$0 $8,842 $106,244
DJ LOFTON BOARD MEMBER 1.00
Director
$0 $5,332 $64,259
PHYLLIS MCCOY BOARD MEMBER 1.00
Director
$0 $770 $19,189
FRANCES RODRIGUEA-RIVERA BOARD MEMBER 1.00
Director
$0 $0 $0
CRYSTAL HAYDEN DIRECTOR/CEO OF UNC HEALTH LENOIR 1.00
Officer Director
$0 $0 $0
AUDRA HADDAD BOARD MEMBER 1.00
Director
$0 $0 $0
LISA HUNNEKE-LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
CARMON JONES CHAIR 1.00
Officer Director
$0 $0 $0
NATHAN PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
RUDOLPH MINTZ III BOARD MEMBER 1.00
Director
$0 $0 $0
AMY PARRIS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
MIRANDA WIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
KAY TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
IRIS JONES NELSON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL WHITFIELD TREASURER 1.00
Officer Director
$0 $0 $0
MATT BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MOODY BOARD MEMBER 1.00
Director
$0 $0 $0
DEANA-MARIE ROSE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMIE SERRANO BOARD MEMBER 1.00
Director
$0 $0 $0
LIBBIE TAYLOR BOARD MEMBER 1.00
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 $519,885 $441,435 $6,305,358 $78,450
2024 $586,532 $411,703 $5,649,664 $174,829
2023 $641,368 $343,777 $4,981,037 $297,591
2022 $409,584 $386,368 $4,382,017 $23,216
2021 $575,934 $467,353 $4,750,757 $108,581
2020 $492,573 $373,624 $3,729,597 $118,949
2019 $870,265 $514,443 $3,870,635 $355,822
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