Landstuhl Hospital Care Project

EIN: 753185497 501(c)(3)

Stafford, VA

Total Revenue
$2,845
Total Expenses
$10,830
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
Karen Grimond
Phone
5402861512
Tax Period
2020-01-01 to 2020-12-31

Landstuhl Hospital Care Project, founded in 2005, is a small nonprofit that reported $122K in total revenue in fiscal year 2018. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $170K exceeded revenue, resulting in a 40% operating deficit.

Mission

The Landstuhl Hospital Care Project is an organization that provides comfort and relief items for military members who become sick, injured, or wounded from service in Afghanistan, the Middle East, and South East Asia.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $2,845
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,366
Other Expenses $10,830
TOTAL EXPENSES $10,830

Year-over-Year Comparison

2020 2019 Change
Revenue $2,845 N/A N/A
Expenses $10,830 N/A N/A
Net Income $-7,985 N/A N/A
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
3
Independent Members
N/A
Employees
N/A
Volunteers
38

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Grimond President 5.00
Officer Director
$0 $0 $0
Donna Bolen Vice President 1.00
Officer Director
$0 $0 $0
James Spliedt Secretary 0.00
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
2020 $2,845 $10,830 No data $-7,985
2019 $79,591 $157,127 $7,985 $-77,536
2018 $121,602 $170,076 $85,521 $-48,474
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