HEALTH MINISTRY FELLOWS ENDOWMENT

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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

Principal Officer

PAUL HERRMANN MD PHD

Phone

9095585109

Tax Period

2024-07-01 to 2025-06-30

HEALTH MINISTRY FELLOWS ENDOWMENT, founded in 2018, is a community nonprofit in the Religion sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 130% from the prior year, signaling strong growth momentum. The organization ran a surplus of $796K, a strong 28% operating margin.

Mission

THE HEALTH MINISTRY FELLOWS ENDOWMENT ORGANIZATION'S SOLE AND SPECIFIC PURPOSE IS TO PROVIDE TUITION SUPPORT FOR A CADRE OF STUDENTS IN EACH ENTERING CLASS OF LOMA LINDA UNIVERSITY(LLU) SCHOOL OF MEDICINE (LLUSOM). STUDENTS THUS SELECTED SHALL BE KNOWN AS HEALTH MINISTRY FELLOWS.

Program Service Accomplishments

Program 1

Expenses: $1,777,160

IN FURTHERANCE OF THE ORGANIZATION'S MISSION STATEMENT, THE ORGANIZATION SHALL IDENTIFY AND PROVIDE SCHOLARSHIP SUPPORT TO SELECTED STUDENTS OF LOMA LINDA UNIVERSITY SCHOOL OF MEDICINE (LLLUSOM)...

IN FURTHERANCE OF THE ORGANIZATION'S MISSION STATEMENT, THE ORGANIZATION SHALL IDENTIFY AND PROVIDE SCHOLARSHIP SUPPORT TO SELECTED STUDENTS OF LOMA LINDA UNIVERSITY SCHOOL OF MEDICINE (LLLUSOM). STUDENTS THUS SELECTED SHALL BE KNOWN AS HEALTH MINISTRY FELLOWS. IN FURTHERANCE OF SAID MISSION, THE ORGANIZATION SHALL IDENTIFY AND PROVIDE SCHOLARSHIP SUPPORT TO THE FOLLOWING: (1) SEVENTH-DAY ADVENTIST MEDICAL STUDENTS AT THE "LLUSOM" WHO SHOW PROMISE AS FUTURE FACULTY MEMBERS OF LLUSOM; (2) SEVENTH-DAY ADVENTIST MEDICAL STUDENTS OF THE "LLUSOM" WHO SHOW PROMISE FOR SERVICE IN HOSPITALS AFFILIATED WITH THE SEVENTH-DAY ADVENTIST CHURCH AROUND THE WORLD; AND, (3) SEVENTH-DAY ADVENTIST MEDICAL STUDENTS OF THE "LLUSOM" WHO SHOW PROMISE AS CHRISTIAN PHYSICIANS AND SURGEONS IN COMMUNITY PRACTICES. FOR THE YEAR ENDED JUNE 30, 2025 THE ORGANIZATION AWARDED THE FOLLOWING TUITION ASSISTANCE GRANTS: EIGHT(8) FRESHMAN MEDICAL STUDENTS TUITION ASSISTANCE GRANTS TO FUND THE SECOND HALF OF THEIR FRESHMAN MEDICAL YEAR AT "LLUSOM", EIGHT(8) SOPHOMORE , EIGHT(8) JUNIOR AND SEVEN(7) SENIOR MEDICAL STUDENTS TUITION ASSISTANCE GRANTS TO FUND THEIR TUITION AND FEES AT "LLUSOM".

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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 $1,020,820

Program Service Revenue $0

Investment Income $1,798,079

Other Revenue $0

TOTAL REVENUE $2,818,899

Expense Breakdown

Grants Paid $1,777,160

Salaries & Benefits $24,205

Fundraising Expenses $0

Program Expenses $1,777,160

Other Expenses $221,507

TOTAL EXPENSES $2,022,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,818,899	$1,225,751	+1.3%
Expenses	$2,022,872	$2,053,326	0.0%
Net Income	$796,027	$-827,575	-2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER HADLEY MD	DIRECTOR	0.30	Director	$0	$0	$0
SARAH RODDY MD	DIRECTOR	0.50	Director	$0	$0	$0
BEVERLY RIGSBY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HART MD	EX-OFFICIO DIRECTOR	0.30	Director	$0	$0	$0
TAMARA THOMAS MD	EX-OFFICIO DIRECTOR	1.50	Director	$0	$0	$0
LAREN TAN	DIRECTOR	0.30	Director	$0	$0	$0
DONALD PURSLEY DBA	PRESIDENT	6.00	Officer	$0	$0	$0
PAUL HERRMANN MD PHD	SECRETARY	6.00	Officer	$0	$0	$0
ALICE WONGWORAWAT MBA	CHIEF FINANCIAL OFFICER	1.50	Officer	$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	$2,818,899	$2,022,872	$42,347,505	$796,027
2024	$1,225,751	$2,053,326	$39,082,701	$-827,575
2023	$1,081,021	$2,010,744	$36,719,245	$-929,723
2022	$3,352,038	$1,484,346	$35,288,143	$1,867,692
2021	$2,160,414	$937,371	$37,938,186	$1,223,043
2020	$30,908,835	$377,511	$31,469,758	$30,531,324