ASHE MEMORIAL HOSPITAL FOUNDATION INC (EIN 582078244) - 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

1993

Legal Domicile

Principal Officer

BRIAN YATES

Phone

3368467101

Tax Period

2024-01-01 to 2024-12-31

ASHE MEMORIAL HOSPITAL FOUNDATION INC, founded in 1993, is a small nonprofit that reported $466K in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 61% operating margin.

Mission

PROMOTION OF ASHE MEMORIAL HOSPITAL ACTIVITIES.

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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 $432,677

Program Service Revenue $0

Investment Income $29,410

Other Revenue $4,093

TOTAL REVENUE $466,180

Expense Breakdown

Grants Paid $152,916

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $182,799

Other Expenses $29,883

TOTAL EXPENSES $182,799

Year-over-Year Comparison

	2024	2023	Change
Revenue	$466,180	$241,608	+0.9%
Expenses	$182,799	$534,134	-0.7%
Net Income	$283,381	$-292,526	-2.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
JOHN JOHNSTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN SHEPHERD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN POWELL	TREASURER	1.00	Officer Director	$0	$0	$0
APRIL BLEVINS	SECRETARY	1.00	Officer Director	$0	$0	$0
TRAVIS BIRDSELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN BRIGGS	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY CURRENT	BOARD MEMBER	1.00	Director	$0	$0	$0
ALFRED GLOVER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSETTE GLOVER	BOARD MEMBER	1.00	Director	$0	$0	$0
KITTY HONEYCUTT	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN KURTZ MD	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE LONON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL YATES	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
2024	$466,180	$182,799	$1,506,061	$283,381
2023	$241,608	$534,134	$1,147,199	$-292,526
2022	$272,021	$8,254	$1,414,939	$263,767
2021	$589,489	$57,481	$1,240,136	$532,008
2020	$96,371	$121,547	$1,053,174	$-25,176
2019	$429,678	$276,400	$975,638	$153,278
2018	$361,807	$484,292	$720,606	$-122,485

ASHE MEMORIAL HOSPITAL FOUNDATION INC