HENDERSON COUNTY HEALTH CARE CORPORATION-TWO (EIN 611047019) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

TIM WILLIAMS

Phone

2708266436

Tax Period

2024-07-01 to 2025-06-30

HENDERSON COUNTY HEALTH CARE CORPORATION-TWO, founded in 1985, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $295K, a strong 23% operating margin.

Mission

LOW INCOME APARTMENTS FOR THE AGED

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,285,059

Investment Income $10,485

Other Revenue $0

TOTAL REVENUE $1,295,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,439

Fundraising Expenses $0

Program Expenses $863,162

Other Expenses $756,093

TOTAL EXPENSES $1,000,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,295,544	$1,330,599	0.0%
Expenses	$1,000,532	$1,009,160	0.0%
Net Income	$295,012	$321,439	-0.1%

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

Governance

Voting Members

Independent Members

Employees

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

$24,300

Total Directors

$46,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK CHANBERLAIN	TREASURER	2.50	Officer Director	$0	$0	$9,300
TIM WILLAIMS	CHAIRMAN	5.00	Officer Director	$0	$0	$7,500
MAURICE FORKER	BOARD MEMBER	2.00	Director	$0	$0	$7,500
ERIC BROWN	SECRETARY	2.00	Officer Director	$0	$0	$7,500
LEON POINDEXTER	BOARD MEMBER	2.00	Director	$0	$0	$7,500
LUKE MAURER	BOARD MEMBER	2.00	Director	$0	$0	$7,500

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	$1,295,544	$1,000,532	$1,185,612	$295,012
2024	$1,330,599	$1,009,160	$980,658	$321,439
2023	$1,054,772	$969,228	$846,872	$85,544
2022	$1,020,825	$902,496	$915,020	$118,329
2021	$1,086,663	$848,581	$873,380	$238,082
2020	$999,643	$932,997	$818,644	$66,646
2019	$980,969	$864,702	$821,077	$116,267

HENDERSON COUNTY HEALTH CARE CORPORATION-TWO