Concordia Hospital Foundation (EIN 822892086) - 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

2017

Legal Domicile

Principal Officer

James King

Phone

3187576551

Tax Period

2024-10-01 to 2025-09-30

Concordia Hospital Foundation, founded in 2017, is a small nonprofit in the Health Care sector that reported $365K in total revenue in fiscal year 2024. Expenses of $3.0M exceeded revenue, resulting in a 719% operating deficit.

Mission

Support Trinity Medical and provide new market tax credits.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $365,000

Investment Income $56

Other Revenue $0

TOTAL REVENUE $365,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,963,754

Other Expenses $2,988,100

TOTAL EXPENSES $2,988,100

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,056	$365,082	0.0%
Expenses	$2,988,100	$3,049,550	0.0%
Net Income	$-2,623,044	$-2,684,468	0.0%

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

$7,064

Total Directors

$10,364

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James King	President	1.00	Officer Director	$0	$0	$3,464
Fred Marsalis	Secretary	1.00	Officer Director	$0	$0	$3,600
Mignonne Ater	Treasurer	1.00	Officer Director	$0	$0	$0
Jeff Goeggle	Board Member	1.00	Director	$0	$0	$0
Ryan Crum	Board Member	1.00	Director	$0	$0	$3,300

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	$365,056	$2,988,100	$24,945,522	$-2,623,044
2024	$365,082	$3,049,550	$27,568,566	$-2,684,468
2023	$365,105	$3,141,350	$30,253,034	$-2,776,245
2022	$365,250	$3,138,048	$33,029,279	$-2,772,798
2021	$213,068	$1,993,425	$37,285,541	$-1,780,357
2020	$180	$21,860	$26,558,201	$-21,680
2019	$108	$1,115,505	$26,579,882	$-1,115,397

Concordia Hospital Foundation