SUMMIT HEALTH FOUNDATION

EIN: 831196554 501(c)(3) Health Care

YORK, PA

Total Revenue
$4,557,555
Total Expenses
$2,487,635
Total Assets
$72,355,865
Net Assets
$72,338,312
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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
2018
Legal Domicile
PA
Principal Officer
ROXANNA GAPSTUR
Phone
7172677794
Tax Period
2023-07-01 to 2024-06-30

SUMMIT HEALTH FOUNDATION, founded in 2018, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 45% operating margin.

Mission

IMPROVE THE HEALTH OF PEOPLE IN FRANKLIN COUNTY, PA BY GENERATING CHARITABLE CONTRIBUTIONS.

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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 $2,476,547
Program Service Revenue $275,536
Investment Income $1,805,472
Other Revenue $0
TOTAL REVENUE $4,557,555

Expense Breakdown

Grants Paid $2,112,311
Salaries & Benefits $0
Fundraising Expenses $127,464
Program Expenses $2,267,371
Other Expenses $352,936
TOTAL EXPENSES $2,487,635

Year-over-Year Comparison

2023 2022 Change
Revenue $4,557,555 $1,982,544 +1.3%
Expenses $2,487,635 $1,793,900 +0.4%
Net Income $2,069,920 $188,644 +10.0%
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

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Governance

Voting Members
12
Independent Members
6
Employees
N/A
Volunteers
8

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
$5,279,348
Total Directors
13
$6,228,733
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE CASHDOLLAR VICE CHAIRMAN 1.00
Officer Director
$0 $50,833 $270,557
ROXANNA GAPSTUR PHD RN PRESIDENT & CEO - WELLSPAN HEALTH 1.00
Officer Director
$0 $100,269 $3,123,984
STEPHEN HOLOVIAK SECRETARY / TREASURER 1.00
Officer Director
$0 $0 $0
PHYLLIS A NYE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOEL ZULLINGER CHAIRMAN (RES. DEC. '23) 1.00
Director
$0 $0 $0
DAVID A HOFFMAN MD DIRECTOR 1.00
Director
$0 $0 $0
JORDAN R STATLER DIRECTOR 1.00
Director
$0 $0 $0
CANDICE STUMBAUGH DIRECTOR 1.00
Director
$0 $0 $0
ABEL CASTRO DIRECTOR 1.00
Director
$0 $0 $0
MELISSA DUBROW DIRECTOR 1.00
Director
$0 $44,413 $375,865
JOHN MASSIMILLA DIRECTOR 1.00
Director
$0 $80,162 $573,520
LAURA BUCZKOWSKI EXECUTIVE VP & CFO - WELLSPAN HEALTH 1.00
Officer Director
$0 $79,480 $1,336,194
HARVEY GREEN SR. VP & CHIEF DEVELOPMENT OFFICER 8.00
Officer Director
$0 $49,080 $548,613
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 No data No data No data No data
2024 $4,557,555 $2,487,635 $72,355,865 $2,069,920
2023 $1,982,544 $1,793,900 $65,952,362 $188,644
2022 $3,853,045 $2,014,018 $62,566,779 $1,839,027
2021 $2,715,186 $1,836,567 $73,413,801 $878,619
2020 $60,984,974 $1,192,436 $59,798,513 $59,792,538
2019 $1,034,354 No data $1,034,354 No data
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