SAVE OUR HEALTHCARE INC

EIN: 872823118

BEVERLY, MA

Total Revenue
$2,250,000
Total Expenses
$2,237,296
Total Assets
$12,704
Net Assets
$12,704
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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
DE
Principal Officer
CHARLES GANTT
Phone
6172314328
Tax Period
2021-09-27 to 2022-08-31

SAVE OUR HEALTHCARE INC, founded in 2021, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2021.

Mission

TO ENSURE THE PUBLIC CONTINUES TO HAVE ACCESS TO AFFORDABLE, LIFE SAVING TREATMENTS AND MEDICATIONS.

Program Service Accomplishments

Program 1
Expenses: $2,220,000

THE ORGANIZATION RAN AD CAMPAIGNS DESIGNED TO ADVOCATE AGAINST HEALTHCARE LEGISLATION THAT WOULD HAVE REDUCED ACCESS TO LIFE-SAVING TREATMENTS AND MEDICATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,250,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,250,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,220,000
Other Expenses $2,237,296
TOTAL EXPENSES $2,237,296

Year-over-Year Comparison

2021 2020 Change
Revenue $2,250,000 N/A N/A
Expenses $2,237,296 N/A N/A
Net Income $12,704 N/A 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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GRAY BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES GANTT TREASURER 5.00
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
2022 $2,250,000 $2,237,296 $12,704 $12,704
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