ROOSEVELT MEMORIAL HEALTHCARE FOUNDATION (EIN 810529284) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

JAMASON SCHMIDT

Phone

4063218660

Tax Period

2024-05-01 to 2025-04-30

ROOSEVELT MEMORIAL HEALTHCARE FOUNDATION, founded in 2000, is a micro nonprofit in the Health Care sector that reported $92K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $125K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE ROOSEVELT MEMORIAL HEALTHCARE FOUNDATION WAS STARTED IN 2000 AS A GROUP OF DEVOTED VOLUNTEERS COMMITTED TO PROVIDING MONETARY SUPPORT AND COMMUNITY SUPPORT TO ROOSEVELT MEDICAL CENTER THROUGH THE CULTIVATION, MANAGEMENT, AND DISBURSEMENT OF CONTRIBUTIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,547

Program Service Revenue $0

Investment Income $32,846

Other Revenue $11,682

TOTAL REVENUE $92,075

Expense Breakdown

Grants Paid $123,543

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $123,543

Other Expenses $1,643

TOTAL EXPENSES $125,186

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,075	$71,784	+0.3%
Expenses	$125,186	$45,555	+1.7%
Net Income	$-33,111	$26,229	-2.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$259,521

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUDREY STROMBERG	CEO	N/A	Officer	$0	$6,247	$101,398
JAIMEE GREEN	FOUNDATION D	22.00	Officer	$0	$2,826	$96,813
JAMASON SCHMIDT	CEO	N/A	Officer	$0	$3,569	$61,310
RUSSELL BOWKER	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY FORBREGD	DIRECTOR	1.00	Director	$0	$0	$0
TROY GREEN	DIRECTOR	1.00	Director	$0	$0	$0
AMY JONES	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS NEWBILL	VICE CHAIRMA	1.00	Director	$0	$0	$0
HOLLY NICKOLOFF	DIRECTOR	1.00	Director	$0	$0	$0
IAN WALKER	CHAIRMAN	1.00	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
2025	$92,075	$125,186	$711,124	$-33,111
2024	$71,784	$45,555	$693,785	$26,229
2023	$81,765	$66,347	$652,711	$15,418
2022	$86,722	$8,742	$663,626	$77,980
2021	$78,880	$36,682	$617,026	$42,198
2020	$73,307	$40,115	$487,994	$33,192
2019	$121,584	$120,767	$489,041	$817
2018	$91,744	$10,284	$489,673	$81,460

ROOSEVELT MEMORIAL HEALTHCARE FOUNDATION