BULLHOOK QALICB INC

EIN: 900943022 501(c)(3)

HAVRE, MT

Total Revenue
$7,136,046
Total Expenses
$4,463,691
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MT
Principal Officer
KYNDRA HALL
Phone
4063954305
Tax Period
2020-07-01 to 2021-06-30

BULLHOOK QALICB INC, founded in 2013, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2020. Revenue surged 8395% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 37% operating margin.

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO ASSIST BULLHOOK COMMUNITY HEALTH CENTER ("BCHC") IN ITS MISSION.

Program Service Accomplishments

Program 1
Expenses: $4,463,680 Revenue: $7,000

THE SERVICES PROVIDED TO BCHC ASSIST WITH ITS ABILITY TO COMPLETE CONSTRUCTION AND DEVELOPMENT OF A NEW HEALTHCARE FACILITY PROVIDING MEDICAL, DENTAL AND BEHAVIORAL HEALTH SERVICES IN HAVRE, MONTANA...

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THE SERVICES PROVIDED TO BCHC ASSIST WITH ITS ABILITY TO COMPLETE CONSTRUCTION AND DEVELOPMENT OF A NEW HEALTHCARE FACILITY PROVIDING MEDICAL, DENTAL AND BEHAVIORAL HEALTH SERVICES IN HAVRE, MONTANA IN FURTHERANCE OF ITS MISSION. WITHOUT THIS SUPPPORT, BCHC COULD NOT COMPLETE OR OPERATE THE BUILDING AND FACILITY.BULLHOOK QALICB TRANSFERRED ALL ASSETS, LIABILITIES AND OPERATIONS TO BULLHOOK COMMUNITY HEALTH CENTER IN AUGUST 2020 AND WAS FORMALLY DISSOLVED IN JUNE 2021.

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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 (2020)

Revenue Breakdown

Contributions & Grants $121,046
Program Service Revenue $0
Investment Income $0
Other Revenue $7,015,000
TOTAL REVENUE $7,136,046

Expense Breakdown

Grants Paid $4,435,911
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,463,680
Other Expenses $27,780
TOTAL EXPENSES $4,463,691

Year-over-Year Comparison

2020 2019 Change
Revenue $7,136,046 $84,000 +84.0%
Expenses $4,463,691 $377,163 +10.8%
Net Income $2,672,355 $-293,163 -10.1%
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
3
Independent Members
2
Employees
N/A
Volunteers
4

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
$153,581
Total Directors
5
$153,581
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KYNDRA HALL SECRETARY & CEO 0.10
Officer Director
$0 $4,473 $153,581
MIKE CARY PRESIDENT 0.10
Officer Director
$0 $0 $0
BRENDA SKORNOGOSKI TREASURER 0.10
Officer Director
$0 $0 $0
RICK BROWN DIRECTOR (THROUGH DECEMBER 2020) 0.10
Director
$0 $0 $0
CYNTHIA SMITH DIRECTOR (THROUGH DECEMBER 2020) 0.10
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
2021 $7,136,046 $4,463,691 No data $2,672,355
2020 $84,000 $377,163 $4,456,691 $-293,163
2019 $84,000 $383,134 $4,731,601 $-299,134
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