LODI MEMORIAL HOSPITAL FOUNDATION INC (EIN 942719880) - 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

1980

Legal Domicile

Principal Officer

COREY WRIGHT

Phone

2093397833

Tax Period

2024-01-01 to 2024-12-31

LODI MEMORIAL HOSPITAL FOUNDATION INC, founded in 1980, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $7.2M exceeded revenue, resulting in a 52% operating deficit.

Mission

ENHANCING THE GREATER LODI COMMUNITY'S HEALTHCARE AND HEALTHY LIVING THROUGH PHILANTHROPY.

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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 $3,821,138

Program Service Revenue $0

Investment Income $818,797

Other Revenue $104,394

TOTAL REVENUE $4,744,329

Expense Breakdown

Grants Paid $6,506,837

Salaries & Benefits $422,236

Fundraising Expenses $0

Program Expenses $7,061,865

Other Expenses $302,492

TOTAL EXPENSES $7,231,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,744,329	$7,860,659	-0.4%
Expenses	$7,231,565	$2,354,565	+2.1%
Net Income	$-2,487,236	$5,506,094	-1.5%

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

239

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

$160,279

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY LENSER	CHAIRMAN	1.50	Officer Director	$0	$0	$0
COREY WRIGHT	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
STEVE DIEDE	SECRETARY	1.00	Officer Director	$0	$0	$0
TRENT DIEHL	FINANCE COMMITTEE CHAIR	0.60	Director	$0	$0	$0
DR DEVINDER GREWAL	PUBLIC RELATIONS CHAIR	1.00	Director	$0	$0	$0
PHIL FELDE	PAST CHAIR/LMH DELEGATE	1.20	Director	$0	$0	$0
JAN CHANDLER	BOARD MEMBER	1.50	Director	$0	$0	$0
ALI COLAROSSI	BOARD MEMBER	0.60	Director	$0	$0	$0
MIKE GEORGUSON	BOARD MEMBER	1.50	Director	$0	$0	$0
JERRY HUGO	BOARD MEMBER	0.40	Director	$0	$0	$0
BEN MCDONALD	BOARD MEMBER	0.30	Director	$0	$0	$0
RON METTLER	BOARD MEMBER	0.40	Director	$0	$0	$0
DR KEN MULLEN	BOARD MEMBER	0.30	Director	$0	$0	$0
DR SUKHMINE NEDOPIL	BOARD MEMBER	0.20	Director	$0	$0	$0
JESSE PATARIA	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA PHILLIPS-STROUD	BOARD MEMBER	0.60	Director	$0	$0	$0
KATE ROONEY	BOARD MEMBER	0.50	Director	$0	$0	$0
RANDY SNIDER	BOARD MEMBER	0.50	Director	$0	$0	$0
BROOKE MCCOLLOUGH	BOARD MEMBER	0.50	Director	$0	$0	$0
REV BILL CUMMINS	BOARD MEMBER, LIAISON	0.50	Director	$0	$0	$0
CASEY CAITLIN	BOARD MEMBER	0.10	Director	$0	$0	$0
WAYNE CRAIG	PRESIDENT/CEO	40.00	Officer	$95,826	$28,069	$123,895
ELIZABETH COCHRANE	CHIEF FINANCIAL OFFICER	40.00	Officer	$28,753	$7,631	$36,384

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	$4,744,329	$7,231,565	$15,258,419	$-2,487,236
2023	$7,860,659	$2,354,565	$16,886,289	$5,506,094
2022	$914,111	$888,904	$10,373,688	$25,207
2021	$1,800,975	$789,111	$11,967,023	$1,011,864
2020	$705,847	$1,006,174	$11,225,564	$-300,327
2019	$580,329	$2,939,822	$10,252,447	$-2,359,493
2018	$1,344,046	$964,304	$11,797,955	$379,742

LODI MEMORIAL HOSPITAL FOUNDATION INC