LAUGHLIN HEALTH CARE FOUNDATION

EIN: 582105493 501(c)(3)

JOHNSON CITY, TN

Total Revenue
$-107,844
Total Expenses
$53,130
Total Assets
$643,680
Net Assets
$643,680
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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
1994
Legal Domicile
TN
Principal Officer
ALAN CORLEY
Phone
4239523110
Tax Period
2017-07-01 to 2018-06-30

LAUGHLIN HEALTH CARE FOUNDATION, founded in 1994, is a micro nonprofit that reported $108K in total revenue in fiscal year 2017. Revenue fell 145% from the prior year — a significant decline worth monitoring.

Mission

HONOR THOSE WE SERVE BY DELIVERING THE BEST POSSIBLE CARE.

Program Service Accomplishments

Program 1
Expenses: $53,130

LAUGHLIN HEALTH CARE FOUNDATION IS A NONPROFIT SUPPORTING ORGANIZATION CREATED TO FUNDRAISE AND SUPPORT LAUGHLIN MEMORIAL HOSPITAL. THE FOUNDATION IS CONCERNED WITH THE HEALTH NEEDS OF OUR...

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LAUGHLIN HEALTH CARE FOUNDATION IS A NONPROFIT SUPPORTING ORGANIZATION CREATED TO FUNDRAISE AND SUPPORT LAUGHLIN MEMORIAL HOSPITAL. THE FOUNDATION IS CONCERNED WITH THE HEALTH NEEDS OF OUR COMMUNITY.THE FOUNDATION IS DEDICATED TO BUILDING STRONG RELATIONSHIPS WITH THE COMMUNITY TO IMPROVE THE HEALTH OF OUR AREA'S RESIDENTS. CONTINUED ON SCHEDULE O

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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 (2017)

Revenue Breakdown

Contributions & Grants $38,624
Program Service Revenue $0
Investment Income $-146,468
Other Revenue $0
TOTAL REVENUE $-107,844

Expense Breakdown

Grants Paid $53,130
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,130
Other Expenses $0
TOTAL EXPENSES $53,130

Year-over-Year Comparison

2017 2016 Change
Revenue $-107,844 $240,957 -1.4%
Expenses $53,130 $170,328 -0.7%
Net Income $-160,974 $70,629 -3.3%
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
27
Independent Members
26
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
32
$1,119,508
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES WHITFIELD DIRECTOR 0.40
Director
$0 $25,620 $1,119,508
RAY ADAMS DIRECTOR 0.40
Director
$0 $0 $0
MARTHA BACHMAN DIRECTOR 0.40
Director
$0 $0 $0
ANGIE BEETS DIRECTOR 0.40
Director
$0 $0 $0
TERRY BELLAMY DIRECTOR 0.40
Director
$0 $0 $0
BRIAN BRAGDON DIRECTOR 0.40
Director
$0 $0 $0
MIKE BURNS TREASURER 0.40
Officer Director
$0 $0 $0
BILL CARROLL DIRECTOR 0.40
Director
$0 $0 $0
ALAN CORLEY CHAIR 0.40
Officer Director
$0 $0 $0
LARRY COUGHLIN DIRECTOR 0.40
Director
$0 $0 $0
CECIL EASTERLY SECRETARY 0.40
Officer Director
$0 $0 $0
JAMES EMORY DIRECTOR 0.40
Director
$0 $0 $0
TOM GREGORY DIRECTOR 0.40
Director
$0 $0 $0
MARTHA SEATON DIRECTOR 0.40
Director
$0 $0 $0
SHANE HITE DIRECTOR 0.40
Director
$0 $0 $0
SUSAN HOLZSCHUH DIRECTOR 0.40
Director
$0 $0 $0
BRANDON HULL DIRECTOR 0.40
Director
$0 $0 $0
DOMINICK JACKSON DIRECTOR 0.40
Director
$0 $0 $0
JUSTIN JEFFERS VICE-CHAIR 0.40
Officer Director
$0 $0 $0
DALE KEASLING DIRECTOR 0.40
Director
$0 $0 $0
ANTHONY LAMARCA DIRECTOR 0.40
Director
$0 $0 $0
WATSON LEONARD DIRECTOR 0.40
Director
$0 $0 $0
JOHN MCINTURFF DIRECTOR 0.40
Director
$0 $0 $0
CARLA NICKLE DIRECTOR 0.40
Director
$0 $0 $0
HILARY PORIA DIRECTOR 0.40
Director
$0 $0 $0
PETER REARDON DIRECTOR 0.40
Director
$0 $0 $0
CRAIG SHEPHERD DIRECTOR 0.40
Director
$0 $0 $0
BOB SUTHERLAND DIRECTOR 0.40
Director
$0 $0 $0
JAMES WARNER DIRECTOR 0.40
Director
$0 $0 $0
HERBERT WHITFIELD DIRECTOR 0.40
Director
$0 $0 $0
WILHEIMINA WILLIAMS DIRECTOR 0.40
Director
$0 $0 $0
JACK WILSON DIRECTOR 0.40
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
2018 $-107,844 $53,130 $643,680 $-160,974
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