JACK & NANCY RAGLAND MEMORIAL TRUST

EIN: 616040373 Philanthropy & Grantmaking

WILSON, NC

Total Revenue
$49,185
Total Expenses
$48,385
Total Assets
$1,522,359
Net Assets
$1,522,359
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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
1998
Legal Domicile
KY
Phone
8592812144
Tax Period
2019-01-01 to 2019-12-31

JACK & NANCY RAGLAND MEMORIAL TRUST, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $49K in total revenue in fiscal year 2019. Revenue fell 41% from the prior year — a significant decline worth monitoring. Net assets of $1.5M represent 371 months of operating reserves.

Mission

PROVIDE SUPPORT FOR THE CLARK COUNTY REGIONAL MEDICAL CENTER LOCATED IN WINCHESTER, KENTUCKY

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $49,185
Other Revenue $0
TOTAL REVENUE $49,185

Expense Breakdown

Grants Paid $30,369
Salaries & Benefits $16,878
Fundraising Expenses $0
Program Expenses $30,369
Other Expenses $1,138
TOTAL EXPENSES $48,385

Year-over-Year Comparison

2019 2018 Change
Revenue $49,185 $83,599 -0.4%
Expenses $48,385 $42,671 +0.1%
Net Income $800 $40,928 -1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 12.0
$16,878 $0 $16,878
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
2019 $49,185 $48,385 $1,522,359 $800
2018 $83,599 $42,671 $1,521,657 $40,928
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