AAF COMMUNITY HEALTH FOUNDATION

EIN: 810849302 501(c)(3) Health Care

AMARILLO, TX

Total Revenue
$169,890
Total Expenses
$1,136,426
Total Assets
$2,764,091
Net Assets
$2,764,091
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
KERALEE CLAY
Phone
8063764521
Tax Period
2023-01-01 to 2023-12-31

AAF COMMUNITY HEALTH FOUNDATION, founded in 2015, is a small nonprofit in the Health Care sector that reported $170K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 569% operating deficit.

Mission

SUPPORT ORGANIZATION OF AMARILLO AREA FOUNDATION, INC. TO PROVIDE AND SUPPORT MEDICAL AND HEALTH CARE FACILITIES, SERVICES, AND EDUCATION IN AMARILLO, TEXAS, AND THE TEXAS PANHANDLE AREA.

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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 $169,890
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $169,890

Expense Breakdown

Grants Paid $1,083,338
Salaries & Benefits $0
Fundraising Expenses $1,622
Program Expenses $1,132,388
Other Expenses $53,088
TOTAL EXPENSES $1,136,426

Year-over-Year Comparison

2023 2022 Change
Revenue $169,890 $186,861 -0.1%
Expenses $1,136,426 $183,755 +5.2%
Net Income $-966,536 $3,106 -312.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
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
$631,230
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR STEVE URBAN CHAIR 1.00
Officer Director
$0 $0 $0
JULIE MITCHELL SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MARY BEARDEN DIRECTOR 1.00
Director
$0 $0 $0
JUDY DAY DIRECTOR 1.00
Director
$0 $0 $0
MARVIN FRANZ DIRECTOR 1.00
Director
$0 $0 $0
BILL HARRIS DIRECTOR 1.00
Director
$0 $0 $0
LORI HENKE DIRECTOR 1.00
Director
$0 $0 $0
ROD SCHRODER DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN WITHERSPOON DIRECTOR 1.00
Director
$0 $0 $0
CLAY STRIBLING PRESIDENT & CEO 1.00
Officer
$0 $47,205 $293,534
DAVID HURTT ASSISTANT SECRETARY 1.00
Officer
$0 $33,744 $163,447
KERALEE CLAY INTERIM CEO 1.00
Officer
$0 $29,043 $174,249
LARA ESCOBAR VP OF COMMUNITY INVESTMENT 1.00
Highest
$0 $13,966 $132,584
MELANIE SMOOT VP OF DEVELOPMENT 1.00
Highest
$0 $22,819 $145,132
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 $169,890 $1,136,426 $2,764,091 $-966,536
2022 $186,861 $183,755 $3,730,627 $3,106
2021 $157,448 $674,073 $3,727,521 $-516,625
2020 $100,000 $119,420 $4,244,146 $-19,420
2019 $84,000 $120,638 $4,264,266 $-36,638
2018 $294,315 $977,908 $4,306,200 $-683,593
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