Labette Health Endowment Association (EIN 853078800) - 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

2020

Legal Domicile

Principal Officer

Jerry Clemens

Phone

6204214880

Tax Period

2023-01-01 to 2023-12-31

Labette Health Endowment Association, founded in 2020, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 10% operating deficit.

Mission

Organization supported Labette Health by facilitating an expansion and renovation of certain property of Labette Health.

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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 (2023)

Revenue Breakdown

Contributions & Grants $846,395

Program Service Revenue $279

Investment Income $191,890

Other Revenue $0

TOTAL REVENUE $1,038,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,102,490

Other Expenses $1,146,169

TOTAL EXPENSES $1,146,169

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,038,564	$4,240,583	-0.8%
Expenses	$1,146,169	$227,545	+4.0%
Net Income	$-107,605	$4,013,038	-1.0%

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

$198,985

Total Directors

$854,055

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerry Clemens	President	1.00	Officer Director	$0	$0	$0
Thomas Macaronas	Treasurer	1.00	Officer Director	$0	$46,408	$198,985
Richard Babcock	Secretary	1.00	Officer Director	$0	$0	$0
Brad Oakes	Director	1.00	Director	$0	$0	$0
Brian Williams	Director	1.00	Director	$0	$81,506	$655,070

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	No data	No data	No data	No data
2023	$1,038,564	$1,146,169	$34,349,758	$-107,605
2022	$4,240,583	$227,545	$34,457,642	$4,013,038
2021	$54,902	$818,112	$11,993,512	$-763,210
2020	No data	$823,278	$16,177,169	No data

Labette Health Endowment Association