HOSPITAL AUXILIARY OF THE INDIAN RIVER MEMORIAL HOSPITAL INC

EIN: 591003707 501(c)(3) Health Care

VERO BEACH, FL

Total Revenue
$724,821
Total Expenses
$78,646
Total Assets
$978,351
Net Assets
$978,351
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
FL
Principal Officer
CONSTANCE JOHNSON
Phone
7724929516
Tax Period
2023-01-01 to 2023-12-31

HOSPITAL AUXILIARY OF THE INDIAN RIVER MEMORIAL HOSPITAL INC, founded in 1960, is a small nonprofit in the Health Care sector that reported $725K in total revenue in fiscal year 2023. Revenue surged 1889% from the prior year, signaling strong growth momentum. The organization ran a surplus of $646K, a strong 89% operating margin.

Mission

THE HOSPITAL AUXILIARY RECRUITS, DIRECTS AND PROVIDES ALL HUMAN RESOURCE FUNCTIONS FOR ALL VOLUNTEERS THAT WORK AT THE HOSPITAL; 121 IN THE YEAR ENDED DECEMBER 31, 2023. THE AUXILIARY ALSO RAISES FUNDS FOR THE BENEFITS OF INDIAN RIVER MEMORIAL HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $78,231

THE HOSPITAL AUXILIARY RECRUITS, DIRECTS AND PROVIDES ALL HUMAN RESOURCE FUNCTIONS FOR ALL VOLUNTEERS THAT WORK AT THE HOSPITAL; 90 IN THE YEAR ENDED DECEMBER 31, 2023. IN 2023, THE AUXILIARY...

Read more

THE HOSPITAL AUXILIARY RECRUITS, DIRECTS AND PROVIDES ALL HUMAN RESOURCE FUNCTIONS FOR ALL VOLUNTEERS THAT WORK AT THE HOSPITAL; 90 IN THE YEAR ENDED DECEMBER 31, 2023. IN 2023, THE AUXILIARY VOLUNTEERS CONTRIBUTED 17,121 HIGHLY SKILLED HOURS PERFORMING DUTIES THE HOSPITAL WOULD NEED TO STAFF IN THEIR ABSENCE. IN ADDITION TO SERVING OTHERS AS THEY WORK WITHIN THE WALLS OF THE HOSPITAL, THE AUXILIARY VOLUNTEERS ACT AS PUBLIC RELATION ADVOCATES FOR THE HOSPITAL AMONG THEIR NEIGHBORS AND FRIENDS. THEY TAKE GREAT PRIDE IN PROVIDING MEANINGFUL SERVICES THAT IMRPROVE THE LIVES OF OTHERS. THE TEENAGE VOLUNTEERS OBTAIN POSITIVE EXPOSURE TO COMMUNITY SERVICE, AND FOR THOSE INTERESTED IN CAREERS IN HEALTHCARE, OBTAIN FIRST HAND EXPERIENCE OF WHAT A CAREER IN MEDICINE HAS TO OFFER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $63
Program Service Revenue $0
Investment Income $666,540
Other Revenue $58,218
TOTAL REVENUE $724,821

Expense Breakdown

Grants Paid $41,157
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $78,231
Other Expenses $37,489
TOTAL EXPENSES $78,646

Year-over-Year Comparison

2023 2022 Change
Revenue $724,821 $36,441 +18.9%
Expenses $78,646 $33,216 +1.4%
Net Income $646,175 $3,225 +199.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
121

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARSHA ADAMS PRESIDENT 25.00
Officer
$0 $0 $0
MARGARET BRINSON SECOND VICE 4.00
Officer
$0 $0 $0
ALICE CONKEY THIRD VICE P 4.00
Officer
$0 $0 $0
CONSTANCE JOHNSON TREASURER 10.00
Officer
$0 $0 $0
MICHALENA RAYMOND FIRST VICE P 4.00
Officer
$0 $0 $0
BARBARA SYLVESTER RECORDING SE 2.00
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
2024 No data No data No data No data
2023 $724,821 $78,646 $978,351 $646,175
2019 $250,307 $113,733 $473,250 $136,574
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOSPITAL AUXILIARY OF THE INDIAN RIVER MEMORIAL HOSPITAL INC with other nonprofits in Florida and across the country.