Laguna Honda Hospital Volunteers Inc

EIN: 946065339 501(c)(3) Philanthropy & Grantmaking

Mountain View, CA

Total Revenue
$424,347
Total Expenses
$113,128
Total Assets
$7,106,906
Net Assets
$7,105,398
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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
1956
Legal Domicile
CA
Phone
6504505400
Tax Period
2023-01-01 to 2023-12-31

Laguna Honda Hospital Volunteers Inc, founded in 1956, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $424K in total revenue in fiscal year 2023. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $311K, a strong 73% operating margin.

Mission

FRIENDS OF LAGUNA HONDA, A NONPROFIT ORGANIZATION FOUNDED IN 1956, IS DEDICATED TO ENHANCING THE QUALITY OF LIFE OF THE RESIDENTS AT LAGUNA HONDA HOSPITAL AND REHABILITATION CENTER BY FUNDING NON-MEDICAL PROGRAMS AND SERVICES THAT WOULD OTHERWISE BE UNAVAILABLE.

Program Service Accomplishments

Program 1
Expenses: $5,000 Revenue: $0

THE PATIENT RECREATION DEPARTMENT PROVIDES RECREATION AND OTHER SERVICES TO THE RESIDENTS AND PATIENTS OF LAGUNA HONDA HOSPITAL IN SAN FRANCISCO, CALIFORNIA THAT ARE NOT NORMALLY PROVIDED BY REGULAR...

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THE PATIENT RECREATION DEPARTMENT PROVIDES RECREATION AND OTHER SERVICES TO THE RESIDENTS AND PATIENTS OF LAGUNA HONDA HOSPITAL IN SAN FRANCISCO, CALIFORNIA THAT ARE NOT NORMALLY PROVIDED BY REGULAR PERSONNEL. THESE SERVICES CONTRIBUTE TO THE COMFORT, HAPPINESS, AND WELL-BEING OF THE PATIENTS AND RESIDENTS WHOSE LENGTH OF STAY IN THE HOSPITAL IS USUALLY LONG TERM. FRIENDS OF LAGUNA HONDA SUPPORTS PROGRAMS AT THE HOSPITAL THAT SPARK JOY, CHEER, CONNECTION TO THE COMMUNITY, AND ENGAGE RESIDENTS' INTERESTS. WE SPONSOR ACTIVITIES OF ENTERTAINMENT, NATURE, ART, CREATIVITY, COMMUNICATION, AND SOCIAL CONNECTION. IN ADDITION, THE HOSPITAL VOLUNTEER SERVICES DEPARTMENT PROVIDES AUXILIARY SUPPORT BY FUNDING EVENTS FOR LAGUNA HONDA HOSPITAL TO RECOGNIZE AND HONOR THE VOLUNTEERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $16
Program Service Revenue $0
Investment Income $424,331
Other Revenue $0
TOTAL REVENUE $424,347

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,276
Program Expenses $5,000
Other Expenses $113,128
TOTAL EXPENSES $113,128

Year-over-Year Comparison

2023 2022 Change
Revenue $424,347 $150,863 +1.8%
Expenses $113,128 $84,794 +0.3%
Net Income $311,219 $66,069 +3.7%
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Treasurer 3.0
Officer Director
$0 $0 $0
N/A Director / Vice President as of 10/2023 1.0
Officer Director
$0 $0 $0
N/A President 3.0
Officer Director
$0 $0 $0
N/A Vice President through 10/2023/Director 1.0
Officer Director
$0 $0 $0
N/A Secretary 1.0
Officer Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
Director
$0 $0 $0
N/A Director 1.0
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
2024 No data No data No data No data
2023 $424,347 $113,128 $7,106,906 $311,219
2022 $150,863 $84,794 $6,160,313 $66,069
2021 $178,550 $78,052 $7,405,107 $100,498
2020 $326,156 $154,836 $6,472,074 $171,320
2019 $399,738 $276,138 $5,997,618 $123,600
2018 $322,730 $320,828 $5,092,318 $1,902
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