Friends in Need Health Center Inc

EIN: 621541637 501(c)(3) Health Care

Kingsport, TN

Total Revenue
$1,791,451
Total Expenses
$1,663,828
Total Assets
$489,036
Net Assets
$224,015
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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
1994
Legal Domicile
TN
Principal Officer
Sheila Absher
Phone
4232460010
Tax Period
2023-01-01 to 2023-12-31

Friends in Need Health Center Inc, founded in 1994, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 7% surplus.

Mission

To provide professional medical and dental healthcare to the uninsured and under-insured of Northeast Tennessee and Southwest VA

Program Service Accomplishments

Program 1
Expenses: $895,934

On site medical and dental services for the employed, uninsured residents of the local community and members of their immediate fai.ies. This service is provided in part by the volunteer hours...

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On site medical and dental services for the employed, uninsured residents of the local community and members of their immediate fai.ies. This service is provided in part by the volunteer hours provided by dedicated medical and dental professionals.

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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 $1,516,470
Program Service Revenue $172,936
Investment Income $43
Other Revenue $102,002
TOTAL REVENUE $1,791,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $820,235
Fundraising Expenses $1,881
Program Expenses $895,934
Other Expenses $843,593
TOTAL EXPENSES $1,663,828

Year-over-Year Comparison

2023 2022 Change
Revenue $1,791,451 $1,306,399 +0.4%
Expenses $1,663,828 $1,622,439 +0.0%
Net Income $127,623 $-316,040 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
21
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
5
$52,850
Total Directors
19
$52,850
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anita Hensley Executive Director 040.00
Officer Director
$34,710 $0 $34,710
Betsy Cooper Executive Director 040.00
Officer Director Highest
$18,140 $0 $18,140
Harry Turner President 001.00
Officer Director
$0 $0 $0
Robin Wilkerson Treasurer 001.00
Officer Director
$0 $0 $0
Justine Hill Secretary 001.00
Officer Director
$0 $0 $0
Isaac Allman Director 001.00
Director
$0 $0 $0
Wilkerson Robin Director 001.00
Director
$0 $0 $0
Rick Bateman Director 001.00
Director
$0 $0 $0
Rebecca Beck Director 001.00
Director
$0 $0 $0
Connie Marshall Vice President 001.00
Director
$0 $0 $0
Wesley Eastridge Director 001.00
Director
$0 $0 $0
Steve Kilgore Director 001.00
Director
$0 $0 $0
Linda Parker Director 001.00
Director
$0 $0 $0
John Perdue Director 001.00
Director
$0 $0 $0
Lauren Py Director 001.00
Director
$0 $0 $0
Charley Sorrells Director 001.00
Director
$0 $0 $0
Matthew Spivey Director 001.00
Director
$0 $0 $0
Robert Funke Director 001.00
Director
$0 $0 $0
Jason Cade Director 001.00
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
2024 No data No data No data No data
2023 $1,791,451 $1,663,828 $489,036 $127,623
2022 $1,306,399 $1,622,439 $440,760 $-316,040
2021 $1,146,336 $1,568,056 $486,988 $-421,720
2020 $1,458,044 $1,230,631 $868,603 $227,413
2019 $872,536 $823,377 $578,867 $49,159
2019 $822,859 $823,650 $613,153 $-791
2018 $721,250 $841,639 $516,511 $-120,389
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