PROSSER MEMORIAL HEALTH FOUNDATION

EIN: 822720773 501(c)(3) Health Care

PROSSER, WA

Total Revenue
$874,056
Total Expenses
$59,036
Total Assets
$1,793,534
Net Assets
$1,760,290
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
WA
Principal Officer
JULIE SOLLERS
Phone
5097866601
Tax Period
2023-01-01 to 2023-12-31

PROSSER MEMORIAL HEALTH FOUNDATION, founded in 2017, is a small nonprofit in the Health Care sector that reported $874K in total revenue in fiscal year 2023. Revenue surged 341% from the prior year, signaling strong growth momentum. The organization ran a surplus of $815K, a strong 93% operating margin.

Mission

TO PROVIDE FINANCIAL AND VOLUNTEER SUPPORT TO PROSSER PUBLIC HOSPITAL DISTRICT D/B/A PROSSER MEMORIAL HEALTH.

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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 $596,578
Program Service Revenue $0
Investment Income $556
Other Revenue $276,922
TOTAL REVENUE $874,056

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $994
Program Expenses $39,118
Other Expenses $59,036
TOTAL EXPENSES $59,036

Year-over-Year Comparison

2023 2022 Change
Revenue $874,056 $198,325 +3.4%
Expenses $59,036 $43,702 +0.4%
Net Income $815,020 $154,623 +4.3%
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
12
Independent Members
12
Employees
N/A
Volunteers
50

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
6
$402,350
Total Directors
12
$14,315
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON HITCHCOCK EXECUTIVE DI 8.00
Officer
$0 $19,590 $203,214
STEPHANIE TITUS CFO 8.00
Officer
$0 $19,590 $195,698
KEITH SATTLER DIRECTOR 1.00
Director
$0 $0 $5,647
SUSAN REAMS DIRECTOR 1.00
Director
$0 $0 $5,230
GLENN BESTEBREUR SECRETARY 1.00
Officer Director
$0 $0 $3,438
JULIE SOLLERS PRESIDENT 1.00
Officer Director
$0 $0 $0
SAMANTHA MARKUS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
EVAN TIDBALL TREASURER 1.00
Officer Director
$0 $0 $0
NEAL RIPPLINGER DIRECTOR 1.00
Director
$0 $0 $0
SHELBY MOORE DIRECTOR 1.00
Director
$0 $0 $0
JAMES BOYER DIRECTOR 1.00
Director
$0 $0 $0
BELEM GRAY DIRECTOR 1.00
Director
$0 $0 $0
LORI GARDNER DIRECTOR 1.00
Director
$0 $0 $0
STEVEN KENNY DIRECTOR 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
2024 No data No data No data No data
2023 $874,056 $59,036 $1,793,534 $815,020
2022 $198,325 $43,702 $859,726 $154,623
2021 $266,290 $105,970 $812,026 $160,320
2020 $49,973 $55,056 $570,229 $-5,083
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