RANDOLPH HOSPITAL COMMUNITY HEALTH FOUNDATION

EIN: 582240755 501(c)(3)

ASHEBORO, NC

Total Revenue
$3,271
Total Expenses
$37,787
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NC
Principal Officer
APRIL THORNTON
Phone
3366255151
Tax Period
2021-10-01 to 2022-09-30

RANDOLPH HOSPITAL COMMUNITY HEALTH FOUNDATION, founded in 1995, is a micro nonprofit that reported $3K in total revenue in fiscal year 2021. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $38K exceeded revenue, resulting in a 1055% operating deficit.

Mission

THE MISSION OF THE RANDOLPH HEALTH COMMUNITY FOUNDATION IS TO ENHANCE THE HEALTH AND WELLNESS OF THE COMMUNITY THROUGH AN ENDOWMENT.

Program Service Accomplishments

Program 1
Expenses: $37,787

EFFECTIVE SEPTEMBER 14, 2022, THE FOUNDATION CEASED DOING BUISNESS AND FILED ARTICLES OF DISSOLUTION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,532
Program Service Revenue $0
Investment Income $1,739
Other Revenue $0
TOTAL REVENUE $3,271

Expense Breakdown

Grants Paid $3,488
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,787
Other Expenses $34,299
TOTAL EXPENSES $37,787

Year-over-Year Comparison

2021 2020 Change
Revenue $3,271 $27,349 -0.9%
Expenses $37,787 $4,694 +7.1%
Net Income $-34,516 $22,655 -2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
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
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA BROWN DIRECTOR 0.50
Director
$0 $0 $0
LORETTA LONG SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
CHERYL RUSSELL DIRECTOR 0.50
Director
$0 $0 $0
JAMES GOUTY DIRECTOR 0.50
Director
$0 $0 $0
LUCY GRADY DIRECTOR 0.50
Director
$0 $0 $0
MAC PUGH DIRECTOR 0.50
Director
$0 $0 $0
SCOTT KAUFFMAN DIRECTOR 0.50
Director
$0 $0 $0
ANN HOOVER DIRECTOR 0.50
Director
$0 $0 $0
CAROL MATNEY VICE CHAIR 0.50
Officer Director
$0 $0 $0
MICHAEL MILLER DIRECTOR 0.50
Director
$0 $0 $0
JERRY MOORE CHAIR 0.50
Officer Director
$0 $0 $0
D CRANFORD KNOTT DIRECTOR 0.50
Director
$0 $0 $0
MARK HENSLEY DIRECTOR 0.50
Director
$0 $0 $0
KELLY HEATH DIRECTOR 0.50
Director
$0 $0 $0
APRIL THORNTON PRESIDENT, OPERATIONS 1.00
Officer
$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
2022 $3,271 $37,787 No data $-34,516
2021 $27,349 $4,694 $399,111 $22,655
2020 $7,042 $2,253,804 $376,681 $-2,246,762
2019 $146,938 $325,104 $2,593,825 $-178,166
2018 $278,933 $499,733 $2,906,149 $-220,800
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