NURSING LEGACY INSTITUTE (EIN 861205845) - 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

2021

Legal Domicile

Principal Officer

JOYCE BATCHELLER

Phone

5124156870

Tax Period

2024-01-01 to 2024-12-31

NURSING LEGACY INSTITUTE, founded in 2021, is a small nonprofit in the Health Care sector that reported $778K in total revenue in fiscal year 2024. The organization ran a surplus of $368K, a strong 47% operating margin.

Mission

THE NURSES LEGACY INSTITUTE WAS CREATED TO PREPARE CURRENT AND FUTURE CNOS TO MEET THE DYNAMIC AND EVOLVING DEMANDS OF TODAY'S HEALTHCARE ENVIRONMENT. THE INSTITUTE PRESERVSE THE HARD-EARNED WISDOM OF EXPERIENCED C-SUITE NURSE LEADERS AND PASS IT FORWARD TO THE NEXT GENERATION ENSURING CONTINUITY, STABILITY, AND A STRONGER LEADERSHIP PIPELINE FOR THE PROFESSION.

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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 $773,485

Program Service Revenue $0

Investment Income $4,230

Other Revenue $0

TOTAL REVENUE $777,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $352,988

Other Expenses $409,976

TOTAL EXPENSES $409,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,715	N/A	N/A
Expenses	$409,976	N/A	N/A
Net Income	$367,739	$0	N/A

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

$157,206

Total Directors

$157,206

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE BATCHELLER	PRESIDENT	40.00	Officer Director	$129,408	$0	$129,408
PATRICIA YODER-WISE	VICE PRESIDENT	8.00	Officer Director	$24,285	$0	$24,285
LAUREN SULLIVAN	SECRETARY	8.00	Officer Director	$0	$0	$0
BARBARA CHERRY	TREASURER	8.00	Officer Director	$3,513	$0	$3,513

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	$777,715	$409,976	$451,716	$367,739
2023	$499,500	$493,045	$233,977	$6,455
2022	$210,000	$135,871	$379,329	$74,129

NURSING LEGACY INSTITUTE