GREENSVILLE MEMORIAL FOUNDATION AQ… - Form 990 Financial Data

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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

Principal Officer

MICHAEL S ANDERSON MD

Phone

4343369822

Tax Period

2025-01-01 to 2025-12-31

GREENSVILLE MEMORIAL FOUNDATION AQUATICS CENTER, founded in 2023, is a small nonprofit in the Recreation & Sports sector that reported $332K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO IMPROVE THE HEALTH, TO PROMOTE WELLNESS AND TO PREVENT DISEASE OF THE RESIDENTS IN THE AREAS SERVED BY GREENSVILLE MEMORIAL HOSPITAL THROUGH HEALTH CARE, WELLNESS, EDUCATION AND COMMUNITY ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $326,684 Revenue: $13,138

THE GREENSVILLE MEMORIAL FOUNDATION (GMF) WORKS IN COLLABORATION WITH INDIVIDUALS AND GROUPS IN THE EMPORIA, VA AREA TO HELP CREATE A HEALTHY COMMUNITY, TO SUPPORT OR CREATE INITIATIVES THAT PROVIDE CARE FOR THE SICK, PROMOTE HEALTHFUL BEHAVIORS AND ADDRESS CAUSES OF ILLNESS. THE GREENSVILLE MEMORIAL FOUNDATION AQUATICS CENTER WAS OPENED IN 2024 TO FURTHER THAT PURPOSE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $318,930

Program Service Revenue $13,138

Investment Income $0

Other Revenue $0

TOTAL REVENUE $332,068

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,942

Fundraising Expenses $0

Program Expenses $326,684

Other Expenses $146,742

TOTAL EXPENSES $326,684

Year-over-Year Comparison

	2025	2024	Change
Revenue	$332,068	$267,720	+0.2%
Expenses	$326,684	$256,607	+0.3%
Net Income	$5,384	$11,113	-0.5%

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

$58,033

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL SLATE	EXECUTIVE DI	4.00	Officer	$0	$0	$58,033
FRANK E KIENTZ	VICE-CHARIMA	0.25	Officer Director	$0	$0	$0
MICHAEL S ANDERSON MD	CHAIRMAN	0.25	Officer Director	$0	$0	$0
BRIAN K ROBERTS	SECRETARY	0.25	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
2025	$332,068	$326,684	$16,497	$5,384
2024	$267,720	$256,607	$11,113	$11,113

GREENSVILLE MEMORIAL FOUNDATION AQUATICS CENTER