PRINCESS ANNE HOSPITAL MEDICAL STAFF

EIN: 861506409

VIRGINIA BEACH, VA

Total Revenue
$21,300
Total Expenses
$83,562
Total Assets
N/A
Net Assets
N/A
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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
VA
Principal Officer
GLEN A GREEN MD
Phone
7575071569
Tax Period
2022-01-01 to 2022-12-31

PRINCESS ANNE HOSPITAL MEDICAL STAFF, founded in 2021, is a micro nonprofit that reported $21K in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $84K exceeded revenue, resulting in a 292% operating deficit.

Mission

TO PROMOTE SOCIAL WELFARE BY SUPPORTING THE FUNCTIONS OF SENTARA PRINCESS ANNE HOSPITAL LOCATED IN VIRGINIA BEACH, VIRGINIA.

Program Service Accomplishments

Program 1
Expenses: $83,562

TO PROVIDE STIPENDS FOR THE PARTICIPATION OF THE CORPORATION'S MEMBERS WHO ARE SERVING ON THE COMMITTEES OF SENTARA PRINCESS ANNE HOSPITAL, TO PROVIDE REIMBURSEMENT TO THE CORPORATION'S MEMBERS FOR...

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TO PROVIDE STIPENDS FOR THE PARTICIPATION OF THE CORPORATION'S MEMBERS WHO ARE SERVING ON THE COMMITTEES OF SENTARA PRINCESS ANNE HOSPITAL, TO PROVIDE REIMBURSEMENT TO THE CORPORATION'S MEMBERS FOR CONTINUED MEDICAL EDUCATION AND TO PROVIDE FUNDING FOR SCHOLARSHIPS, CHARITABLE GIFTS AND HOSPITAL- RELATED ACTIVITIES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $21,300
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $21,300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,000
Fundraising Expenses $0
Program Expenses $83,562
Other Expenses $12,412
TOTAL EXPENSES $83,562

Year-over-Year Comparison

2022 2021 Change
Revenue $21,300 $856,450 -1.0%
Expenses $83,562 $147,575 -0.4%
Net Income $-62,262 $708,875 -1.1%
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

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Governance

Voting Members
13
Independent Members
13
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
3
$5,000
Total Directors
3
$5,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLEN A GREEN MD DIRECTOR 3.50
Officer Director
$5,000 $0 $5,000
CAROL MCCAMMON MD DIRECTOR 3.50
Officer Director
$0 $0 $0
KURT WETZLER MD DIRECTOR 3.50
Officer 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
2022 $21,300 $83,562 No data $-62,262
2021 $856,450 $147,575 $708,875 $708,875
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