UMC FOUNDATION INC (EIN 861146214) - 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

2005

Legal Domicile

Principal Officer

HARRY C HAGERTY

Phone

7023836292

Tax Period

2024-07-01 to 2025-06-30

UMC FOUNDATION INC, founded in 2005, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $390K, a strong 26% operating margin.

Mission

THE UMC FOUNDATION IS TO SERVE AS AN INNOVATIVE, FLEXIBLE, AND EFFICIENT VEHICLE TO FACILITATE THE SOLICITATION AND MANAGEMENT OF GIFTS, GRANTS, BEQUESTS, AND DEVICES FOR THE BENEFIT OF UNIVERSITY MEDICAL CENTER OF SOUTHERN NEVADA. UMC FOUNDATION STRIVES TO PROVIDE SUPPORT FOR INITIATIVES THAT EXPAND AND ENHANCE PATIENT CARE SERVICES AND COMMUNITY HEALTH EDUCATION BEYOND THE LEVEL POSSIBLE THROUGH PUBLIC SUPPORT ALONE.

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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 $1,483,383

Program Service Revenue $0

Investment Income $511

Other Revenue $0

TOTAL REVENUE $1,483,894

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $53,592

Program Expenses $966,935

Other Expenses $1,043,584

TOTAL EXPENSES $1,093,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,483,894	$2,442,599	-0.4%
Expenses	$1,093,584	$3,087,535	-0.6%
Net Income	$390,310	$-644,936	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FORCHE	DIRECTOR	0.50	Director	$0	$0	$0
HARRY C HAGERTY	PRESIDENT & TREASURER	1.00	Officer	$0	$0	$0
DEANA YOUNG MD	SECRETARY	0.50	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	$1,483,894	$1,093,584	$5,312,758	$390,310
2024	$2,442,599	$3,087,535	$4,725,897	$-644,936
2023	$1,997,183	$1,655,508	$5,247,829	$341,675
2022	$2,917,639	$664,963	$5,202,179	$2,252,676
2021	$888,741	$418,537	$2,182,492	$470,204
2020	$331,925	$325,346	$2,416,395	$6,579
2019	$516,259	$830,103	$2,488,034	$-313,844
2018	$1,643,823	$685,609	$2,914,354	$958,214

UMC FOUNDATION INC