MEADOWS NEW FOUNDATION INC (EIN 861975495) - 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

2019

Legal Domicile

Principal Officer

REID MCARTHUR

Phone

9125355555

Tax Period

2024-01-01 to 2024-12-31

MEADOWS NEW FOUNDATION INC, founded in 2019, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.5M, a strong 77% operating margin.

Mission

MEADOWS NEW FOUNDATION, INC. (FOUNDATION) IS A GEORGIA NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE WITHIN THE MEANING OF SECTION 50L(C)(4) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE CODE) AND CONSISTENT WITH THE CHARITABLE PURPOSES OF CODE SECTION 501(C)(3), OR THE CORRESPONDING PROVISIONS OF ANY FUTURE FEDERAL TAX CODE. THE FOUNDATION RECEIVED SUBSTANTIALLY ALL OF THE NET SALES PROCEEDS FROM THE SALE OF THE ASSETS OF MEADOWS REGIONAL MEDICAL CENTER, INC. TO VIDALIA HEALTH SERVICE, LLC, AN AFFILIATE OF HCA HEALTHCARE, AS A GRANT FROM THE SELLER. THE SALE TOOK PLACE ON APRIL 30, 2021. THE PROCEEDS ARE TO BE ADMINISTERED BY THE FOUNDATION PURSUANT TO A GRANT AGREEMENT REVIEWED AND APPROVED BY THE INTERNAL REVENUE SERVICE AND THE STATE OF GEORGIA'A ATTORNEY GENERAL OFFICE. DISTRIBUTION OF FUNDS WILL BE MADE TO OTHER NONPROFIT ORGANIZATION WHICH ARE TAX EXEMPT UNDER CODE SECTION 501(C)(3), IN ORDER TO FURTHER THE COMMON GOOD AND G

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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 $1,940,274

Other Revenue $0

TOTAL REVENUE $1,940,274

Expense Breakdown

Grants Paid $175,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,000

Other Expenses $262,832

TOTAL EXPENSES $437,832

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,940,274	$2,813,752	-0.3%
Expenses	$437,832	$262,303	+0.7%
Net Income	$1,502,442	$2,551,449	-0.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON BOSTON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL CALHOUN	DIRECTOR	2.00	Director	$0	$0	$0
DENNIS INGLEY	SEC/TREASURE	2.00	Officer Director	$0	$0	$0
POLLYANN MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
REID MCARTHUR	CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANGIE MCDANIEL	DIRECTOR	2.00	Director	$0	$0	$0
RONNIE STERWART	DIRECTOR	2.00	Director	$0	$0	$0
BLAKE TILLERY	DIRECTOR	2.00	Director	$0	$0	$0
TIM TRUXEL	DIRECTOR	2.00	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	$1,940,274	$437,832	$37,298,902	$1,502,442
2023	$2,813,752	$262,303	$32,265,369	$2,551,449
2022	$636,169	$79,132	$27,379,633	$557,037
2021	$462,561	$21,461	$28,328,173	$441,100

MEADOWS NEW FOUNDATION INC