HEALTHSTAR FOUNDATION

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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

2001

Legal Domicile

Principal Officer

MICHAEL GULLEY

Phone

4235222088

Tax Period

2020-01-01 to 2020-12-31

HEALTHSTAR FOUNDATION, founded in 2001, is a micro nonprofit in the Health Care sector that reported $6K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $23K exceeded revenue, resulting in a 316% operating deficit.

Mission

THE MISSION OF THE HEALTHSTAR FOUNDATION IS TO INFLUENCE THE OVERALL WELL BEING AND WELFARE OF THE CITIZENS OF OUR COMMUNITY THROUGH CHARITABLE ENDOWMENTS

Program Service Accomplishments

Program 1

Expenses: $22,150 Revenue: $0

TO PROVIDE HEALTH EDUCATION AND SUPPORT TO OTHER AREA NON-PROFIT ORGANIZATIONS, SCHOOLS, AND LOW-INCOME FAMILIES

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,500

Program Service Revenue $0

Investment Income $1,030

Other Revenue $0

TOTAL REVENUE $5,530

Expense Breakdown

Grants Paid $22,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,150

Other Expenses $848

TOTAL EXPENSES $22,998

Year-over-Year Comparison

	2020	2019	Change
Revenue	$5,530	$18,822	-0.7%
Expenses	$22,998	$24,669	-0.1%
Net Income	$-17,468	$-5,847	+2.0%

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

Governance

Voting Members

Independent Members

N/A

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
JENNIFER WILSON	CHAIRMAN	1	Officer	$0	$0	$0
MICHAEL GULLEY	TREASURER	1	Officer	$0	$0	$0
DON QUILLIAMS	BOARD MEMBER	0.5	Officer	$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
2020	$5,530	$22,998	$152,686	$-17,468