Veranova Health

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Timothy Jakubsin

Phone

4405271070

Tax Period

2024-01-01 to 2024-12-31

Veranova Health, founded in 2019, is a small nonprofit in the Health Care sector that reported $688K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

PROMOTION AND PROVISION OF HEALTH CARE FOR WOMEN MEN AND CHILDREN OF ALL AGES IN ACCORDANCE WITH THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTHCARE ISSUED BY THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS

Program Service Accomplishments

Program 1

Expenses: $640,282 Revenue: $226,385

TO ESTABLISH RUN AND MANAGE STATE OF ART WOMENS AND FAMILY HEALTH CLINICS SPECIALIZING IN HIGHEST STANDARDS OF OBSTETRICS GYNECOLOGY INFERTILITY NUTRITION AND ADOLESCENT HEALTH CARE. THE CLINICS HAVE A SPECIAL FOCUS ON RESTORATIVE REPRODUCTION MEDICAL MANAGMENT TO ASSIST PERSONS DEALING WITH INFERTILITY OR WOMEN DEALING WITH CYCLE ISSUES TO RESOLVE OR DIMINISH THOSE ISSUES THOUGH USE OF MEDICAL AND SCIENTIFIC METHODS THAT RESPECT THE HUMAN PERSON LIFE FROM CONCEPTION AND THE RELIGIOUS BELIEFS OF BOTH THE PATIENT AND THE PROVIDER.

Program 2

Expenses: $12,873 Revenue: $1,600

TO PROVIDE ACCESS TO RESTORATIVE REPRODUCTION MEDICAL MANAGMENT EDCUATION AND TRAINING TO CLINICIANS AND MEDICAL STUDENTS THROUGH FELLOWSHIPS AND PRECEPTING. THE CLINIC HAS ESTABLISHED A PRECEPTIONG RELATIONSHIP WITH A LOCAL UNIVERSITY AND HAS DEVELOPED A FELLOWSHIP PROGRAM IN WOMENS MEDICINE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $468,177

Program Service Revenue $222,760

Investment Income $10

Other Revenue $-2,936

TOTAL REVENUE $688,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $466,295

Fundraising Expenses $0

Program Expenses $653,155

Other Expenses $238,297

TOTAL EXPENSES $704,592

Year-over-Year Comparison

	2024	2023	Change
Revenue	$688,011	$523,946	+0.3%
Expenses	$704,592	$544,332	+0.3%
Net Income	$-16,581	$-20,386	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
TIMOTHY JAKUBISIN	PRESIDENT	30.00	Officer Director	$0	$0	$0
JESSICA DAVIDSON	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
DR MAGGIE MUSSO	SECRETARY	1.00	Officer Director	$0	$0	$0
MATHEW SMITH	TREASURER	0.90	Officer Director	$0	$0	$0
MARY ELLEN JAKUBISIN	DIRECTOR	40.00	Director	$0	$0	$0
MATT MULLER	DIRECTOR	8.00	Director	$0	$0	$0
CAROLYN APPERSON	DIRECTOR	0.50	Director	$0	$0	$0
JACK BURNHAM	DIRECTOR	0.90	Director	$0	$0	$0
MARK SMITH	DIRECTOR	0.50	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	$688,011	$704,592	$279,982	$-16,581
2023	$523,946	$544,332	$269,977	$-20,386
2022	$283,521	$61,755	$292,000	$221,766