KING'S DAUGHTERS HEALTH FOUNDATION… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

SARA MARKS

Phone

6064080412

Tax Period

2022-10-01 to 2023-06-30

KING'S DAUGHTERS HEALTH FOUNDATION INC, founded in 1984, is a small nonprofit in the Health Care sector that reported $530K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $190K, a strong 36% operating margin.

Mission

THE KING'S DAUGHTERS HEALTH FOUNDATION IS AN ORGANIZATION COMMITTED TO IMPROVING THE HEALTH AND QUALITY OF LIFE IN OUR COMMUNITY. THE HEALTH FOUNDATION SUPPORTS KING'S DAUGHTERS MEDICAL CENTER (KDMC) IN ITS MISSION TO BE THE PREMIER HEALTHCARE PROVIDER IN THE TRI-STATE AREA. THE HEALTH FOUNDATION ALSO EXTENDS HEALTHCARE SERVICES IN OUR COMMUNITY, PROMOTES COMPREHENSIVE HEALTH AWARENESS THROUGH EDUCATION, AND PROVIDES SCHOLARSHIPS FOR STUDENTS ENTERING HEALTHCARE-RELATED FIELDS.

Program Service Accomplishments

Program 1

Expenses: $187,309 Revenue: $0

THE KING'S DAUGHTERS HEALTH FOUNDATION PURPOSE IS TO INCREASE PHILANTHROPIC SUPPORT OF UK KING'S DAUGHTERS BY ADDRESSING AND SUPPORTING THE GROWING HEALTHCARE NEEDS OF THE COMMUNITIES WE SERVE. THE FOUNDATION NOT ONLY PROVIDES LONG TERM FINANCIAL SUPPORT FOR ENHANCING AND SUSTAINING THE UK KING'S DAUGHTERS MISSION, BUT ALSO SUPPORTS PROGRAMS AND INITIATIVES THAT SUPPORT HEALTH AND WELLBEING IN THE UK KD SERVICE AREAS. THE FOUNDATION'S BOARD OF DIRECTORS IS A NETWORK OF BUSINESS LEADERS, HEALTHCARE LEADERS, AND COMMUNITY MEMBERS WORKING TOGETHER TO BE GOOD STEWARDS OF THE FUNDS RECEIVED.THE HEALTH FOUNDATION HAS HELPED TO SUPPORT THE EFFORTS OF UK KING'S DAUGHTERS THROUGH IDENTIFYING SPECIAL NEEDS OF PATIENTS AND FAMILIES; OUTREACH SERVICES INCLUDING SCREENINGS; BUILDING AND CONSTRUCTION EFFORTS TO EXPAND SERVICES; SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS; MOBILE MAMMOGRAPHY AND BREAST CANCER SERVICES; AEDS FOR OUR COMMUNITY AND CONTINUED SUPPORT OF THE ONCOLOGY CENTER FOR EXCELLENCE. IN FY23, THE HEALTH FOUNDATION HOSTED ITS FIRST DUELING PIANOS FUNDRAISER, CREATED A GIFTS OF GRATITUDE PROGRAM, CONTINUED FOOD TRUCKS FOR BUCKS AND CONTINUED TO FACILITATE THE ROCKY AND LEAH ADKINS CURE FOR CANCER GOLF TOURNAMENT. THERE WERE NO NEW FUNDS ESTABLISHED DURING THIS TIMEFRAME.THE HEALTH FOUNDATION COORDINATED TWO MAJOR FUNDRAISERS IN 2023, THE ROCKY AND LEAH ADKINS CURE FOR CANCER GOLF TOURNAMENT, WHICH BROUGHT IN $125,798 FOR ONCOLOGY SERVICES AND THE KILLER DUELING PIANOS WHICH BROUGHT IN $51,396 FOR THE GENERAL FUND.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $111,723

Program Service Revenue $0

Investment Income $40,161

Other Revenue $378,124

TOTAL REVENUE $530,008

Expense Breakdown

Grants Paid $173,185

Salaries & Benefits $0

Fundraising Expenses $143,180

Program Expenses $187,309

Other Expenses $166,843

TOTAL EXPENSES $340,028

Year-over-Year Comparison

	2022	2021	Change
Revenue	$530,008	$577,156	-0.1%
Expenses	$340,028	$136,314	+1.5%
Net Income	$189,980	$440,842	-0.6%

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

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
KIM MCCANN	PRESIDENT/CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOHN VINCENT	TREASURER	0.25	Officer Director	$0	$0	$0
TOM BURNETTE	DIRECTOR	0.25	Director	$0	$0	$0
JOHN STEWART	DIRECTOR	0.25	Director	$0	$0	$0
STEVE STEWART	DIRECTOR	0.25	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$530,008	$340,028	$4,057,125	$189,980
2022	$577,156	$136,314	$1,664,651	$440,842
2021	$361,845	$55,610	$1,425,438	$306,235
2020	$50,882	$19,949	$1,049,876	$30,933
2019	$115,499	$24,179	$1,002,618	$91,320
2018	$131,840	$24,681	$882,840	$107,159

KING'S DAUGHTERS HEALTH FOUNDATION INC