COLQUITT REGIONAL MEDICAL FOUNDATION INC

EIN: 581793634 501(c)(3)

MOULTRIE, GA

Total Revenue
$1,383,318
Total Expenses
$261,749
Total Assets
$13,586,116
Net Assets
$13,585,540
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
GA
Principal Officer
NICOLE STRINGER
Phone
2299853420
Tax Period
2023-10-01 to 2024-09-30

COLQUITT REGIONAL MEDICAL FOUNDATION INC, founded in 1990, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 81% operating margin.

Mission

FUNDRAISING AND SUPPORT FOR COLQUITT REGIONAL MEDICAL CENTER, A 501(C)(3) ACUTE CARE HOSPITAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $772,054
Program Service Revenue $0
Investment Income $552,435
Other Revenue $58,829
TOTAL REVENUE $1,383,318

Expense Breakdown

Grants Paid $208,040
Salaries & Benefits $0
Fundraising Expenses $153
Program Expenses $208,040
Other Expenses $53,709
TOTAL EXPENSES $261,749

Year-over-Year Comparison

2023 2022 Change
Revenue $1,383,318 $895,836 +0.5%
Expenses $261,749 $229,818 +0.1%
Net Income $1,121,569 $666,018 +0.7%
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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
25

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
$1,188,421
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAMB PUROHIT FORMER CFO 1.00
$0 $114,425 $675,043
JULIE BHAVNANI CFO 1.00
Officer
$0 $57,671 $516,268
DAWN JOHNS FDN VP 40.00
Officer
$0 $71,750 $511,762
NICOLE STRINGER EXEC DIRECTO 40.00
Officer
$0 $11,357 $160,391
BETH BATES MEMBER 1.00
Director
$0 $0 $0
DOROTHY BLOUNT MEMBER 1.00
Director
$0 $0 $0
CHAS CANNON VICE CHAIR 1.00
Officer Director
$0 $0 $0
ANNA DAVIS MEMBER 1.00
Director
$0 $0 $0
TONY DEROSSO MEMBER 1.00
Director
$0 $0 $0
ROSS DEKLE SECRETARY/TR 1.00
Officer Director
$0 $0 $0
CYNTHIA HARRISON MEMBER 1.00
Director
$0 $0 $0
TERESA HUFSTETLER MEMBER 1.00
Director
$0 $0 $0
JUDD LASSETER CHAIRMAN 1.00
Officer Director
$0 $0 $0
DANIELLE MOBLEY MEMBER 1.00
Director
$0 $0 $0
LISA PERRY MEMBER 1.00
Director
$0 $0 $0
DOUG STRANGE MEMBER 1.00
Director
$0 $0 $0
RJ TAYLOR MEMBER 1.00
Director
$0 $0 $0
LANE WEAR MEMBER 1.00
Director
$0 $0 $0
LISA ZEANAH 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
2024 $1,383,318 $261,749 $13,586,116 $1,121,569
2023 $895,836 $229,818 $11,123,379 $666,018
2022 $768,735 $215,082 $9,732,938 $553,653
2021 $2,400,587 $900,507 $10,924,515 $1,500,080
2020 $736,393 $384,759 $9,484,796 $351,634
2019 $791,453 $406,959 $9,328,228 $384,494
2018 $827,780 $854,216 $8,964,103 $-26,436
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