UMC FOUNDATION (EIN 751639312) - 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

1979

Legal Domicile

Principal Officer

JEFF DANE

Phone

8067758250

Tax Period

2023-01-01 to 2023-12-31

UMC FOUNDATION, founded in 1979, is a community nonprofit in the Health Care sector that reported $7.1M in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.7M, a strong 37% operating margin.

Mission

TO ASSIST IN THE OPERATION OF LUBBOCK COUNTY HOSPITAL DISTRICT DBA UNIVERSITY MEDICAL CENTER

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,037,606

Program Service Revenue $0

Investment Income $1,101,125

Other Revenue $0

TOTAL REVENUE $7,138,731

Expense Breakdown

Grants Paid $3,308,715

Salaries & Benefits $0

Fundraising Expenses $1,005,048

Program Expenses $3,381,937

Other Expenses $1,158,047

TOTAL EXPENSES $4,466,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,138,731	$21,206,245	-0.7%
Expenses	$4,466,762	$6,503,971	-0.3%
Net Income	$2,671,969	$14,702,274	-0.8%

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

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

$254,739

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRITT PHARRIS	VP & CPO	40.00	Officer	$0	$0	$254,739
KANDY ADAMS	DIRECTOR	5.00	Director	$0	$0	$0
JEFF DANE	TREASURER	5.00	Officer Director	$0	$0	$0
JENNIFER DEVER	DIRECTOR	5.00	Director	$0	$0	$0
RONALD COOK DO	DIRECTOR	5.00	Director	$0	$0	$0
KYLE FANNIN	DIRECTOR	5.00	Director	$0	$0	$0
MARK FUNDERBURK	DIRECTOR	5.00	Director	$0	$0	$0
GARY GREENSTREET	BOM CHAIR	5.00	Director	$0	$0	$0
KENDALL HOWARD	DIRECTOR	5.00	Director	$0	$0	$0
BETSY JONES	DIRECTOR	5.00	Director	$0	$0	$0
DAVE MARCINKOWSKI	DIRECTOR	5.00	Director	$0	$0	$0
GURDEV GILL MD	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL MCPHERSON MD	DIRECTOR	5.00	Director	$0	$0	$0
AMANDA MEAD	DIRECTOR	5.00	Director	$0	$0	$0
STACEY MORRIS-POTTER	CHAIR-ELECT	5.00	Officer Director	$0	$0	$0
CORY NEWSOM	DIRECTOR	5.00	Director	$0	$0	$0
ERIC PITTMAN	CHAIR	5.00	Officer Director	$0	$0	$0
ROSS RUSHING	DIRECTOR	5.00	Director	$0	$0	$0
MARK THOMPSON	DIRECTOR	5.00	Director	$0	$0	$0
NOE VALLES	SECRETARY	5.00	Officer 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	$7,138,731	$4,466,762	$50,985,386	$2,671,969
2022	$21,206,245	$6,503,971	$46,106,511	$14,702,274
2021	$5,361,069	$1,847,640	$29,720,673	$3,513,429
2020	$3,496,393	$4,057,866	$26,571,377	$-561,473
2019	$4,564,057	$1,688,355	$24,324,061	$2,875,702
2018	$4,078,230	$3,412,292	$20,137,699	$665,938

UMC FOUNDATION