North Florida Medical Centers Found

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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

2023

Legal Domicile

Phone

8502986040

Tax Period

2024-04-01 to 2025-03-31

North Florida Medical Centers Found, founded in 2023, is a micro nonprofit in the Health Care sector that reported $59K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring.

Mission

NFMC Foundation is intended to be organized and operated at all times exclusively for the benefit of, to perform the functions of, and/or to carry out the purposes of North Florida Medical Centers, Inc.

Program Service Accomplishments

Program 1

Revenue: $58,750

The activities of NFMC Foundation include but are not limited to: 1) isolating certain real estate activities and liabilities from NFMCs overall charitable activities and assets, 2) separating...

The activities of NFMC Foundation include but are not limited to: 1) isolating certain real estate activities and liabilities from NFMCs overall charitable activities and assets, 2) separating certain financing and fundraising considerations from NFMCs general operations of providing access to quality healthcare and improving community health, and 3) allow for more financial and fundraising talent to participate in NFMC fundraising efforts.

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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 $58,750

Other Revenue $0

TOTAL REVENUE $58,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,750	$4,292,715	-1.0%
Expenses	N/A	N/A	N/A
Net Income	N/A	$4,292,715	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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Lane M Lunn	Director	Officer	$0	$0	$0
Victoria Wiggins	Director	Officer	$0	$0	$0
Jonathan Chapman	Director	Officer	$0	$0	$0
Ben Browning	Director	Officer	$0	$0	$0
Patrick Brown	Director	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
2025	$58,750	No data	$4,351,465	No data
2024	$4,292,715	No data	$4,292,715	No data