Chapters Health Foundation Inc

EIN: 593467282 501(c)(3) Philanthropy & Grantmaking

Temple Terrace, FL

Total Revenue
$9,235,704
Total Expenses
$6,455,735
Total Assets
$16,761,195
Net Assets
$14,079,395
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Phone
8138718111
Tax Period
2023-01-01 to 2023-12-31

Chapters Health Foundation Inc, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.2M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 30% operating margin.

Mission

The Foundation provides the critical resources, both financial and in-kind, to encourage and promote the delivery of exceptional, post-acute care to those in need irrespective of personal capacity.

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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 $8,685,893
Program Service Revenue $0
Investment Income $168,508
Other Revenue $381,303
TOTAL REVENUE $9,235,704

Expense Breakdown

Grants Paid $2,843,203
Salaries & Benefits $2,224,084
Fundraising Expenses $0
Program Expenses $6,234,286
Other Expenses $1,388,448
TOTAL EXPENSES $6,455,735

Year-over-Year Comparison

2023 2022 Change
Revenue $9,235,704 $5,385,688 +0.7%
Expenses $6,455,735 $5,400,064 +0.2%
Net Income $2,779,969 $-14,376 -194.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
8
Employees
44
Volunteers
547

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
7
$4,189,755
Total Directors
10
$3,129,019
Key Employees
1
$294,566
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT/CEO 2.0
Officer Director
$0 $969,172 $2,545,351
N/A Treasurer 1.5
Officer Director
$0 $0 $0
N/A VICE CHAIR 1.5
Officer Director
$0 $0 $0
N/A SECRETARY 1.5
Officer Director
$0 $0 $0
N/A CHIEF FINANCIAL OFFICER 2.0
Officer Director
$0 $184,162 $583,668
N/A BOARD MEMBER 1.5
Director
$0 $0 $0
N/A BOARD MEMBER 1.5
Director
$0 $0 $0
N/A BOARD MEMBER 1.5
Director
$0 $0 $0
N/A BOARD MEMBER 1.5
Director
$0 $0 $0
N/A BOARD MEMBER 1.5
Director
$0 $0 $0
N/A Financial Advisor to the CEO (through 3/2023) 2.0
Officer
$0 $159,431 $654,488
N/A Chief Compliance Officer 2.0
Officer
$0 $120,968 $406,248
N/A Vice President, Development & Executive Director Foundation 36.0
Key Emp
$241,153 $53,413 $294,566
N/A Director, Philanthropy 40.0
Highest
$123,631 $31,095 $154,726
N/A Director, Annual Giving 40.0
Highest
$103,790 $32,128 $135,918
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 $9,235,704 $6,455,735 $16,761,195 $2,779,969
2022 $5,385,688 $5,400,064 $14,327,040 $-14,376
2021 $7,254,901 $6,285,333 $14,703,109 $969,568
2020 $4,232,912 $5,513,917 $13,006,635 $-1,281,005
2019 $4,612,732 $2,714,595 $13,357,130 $1,898,137
2018 $2,747,132 $947,014 $11,443,092 $1,800,118
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