BONNIE LANGSTON MEMORIAL MEDICAL EQUIPMENT TRUST (EIN 846268160) - 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

1994

Legal Domicile

Principal Officer

DANIEL J LOWENBERG

Phone

9702402812

Tax Period

2024-01-01 to 2024-12-31

BONNIE LANGSTON MEMORIAL MEDICAL EQUIPMENT TRUST, founded in 1994, is a micro nonprofit that reported $37K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 68% operating margin.

Mission

PROVIDE FUNDING TO PURCHASE MEDICAL EQUIPMENT FOR MONTROSE REGIONAL HEALTH AND ITS PATIENTS.

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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 $0

Investment Income $37,142

Other Revenue $0

TOTAL REVENUE $37,142

Expense Breakdown

Grants Paid $9,545

Salaries & Benefits $970

Fundraising Expenses $0

Program Expenses $9,545

Other Expenses $1,475

TOTAL EXPENSES $11,990

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,142	$24,477	+0.5%
Expenses	$11,990	$13,066	-0.1%
Net Income	$25,152	$11,411	+1.2%

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

N/A

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

$970

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON KELTZ	TRUSTEE	0.50	Director	$0	$0	$0
DANIEL J LOWENBERG	TRUSTEE	1.00	Director	$970	$0	$970
DR LARS STANGEBY	TRUSTEE	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	$37,142	$11,990	$395,479	$25,152
2023	$24,477	$13,066	$370,327	$11,411
2022	$30,388	$27,345	$358,916	$3,043
2021	$41,900	$22,807	$355,875	$19,093
2020	$20,696	$14,908	$336,782	$5,788
2019	$11,920	$10,918	$330,994	$1,002
2018	$26,259	$14,644	$329,992	$11,615

BONNIE LANGSTON MEMORIAL MEDICAL EQUIPMENT TRUST