OCEANSIDE, CA
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Sign In — Free (10 views/day)TRI-CITY HOSPITAL FOUNDATION, founded in 1964, is a community nonprofit in the Health Care sector that reported $5.5M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum.
TO ADVANCE THE HEALTH AND WELLNESS OF OUR COMMUNITY BY SUPPORTING THE TRI-CITY MEDICAL CENTER.
The Foundation is a supporting organization to the Tri-City Healthcare District dba Tri-City Medical Center (District) and provides grants for hospital programs, services and capital needs as...
The Foundation is a supporting organization to the Tri-City Healthcare District dba Tri-City Medical Center (District) and provides grants for hospital programs, services and capital needs as approved by the Foundation Board. The Foundation is supported primarily through donor contributions and grants.The major projects accomplished this fiscal year under this program were:Emergency Department Remodel Project: $2,494,800We committed to a transformative $4.5 million redesign and renovation of our Emergency Department, launched in 2022. This project integrates sustainable design principles with operational innovation to create a more efficient, patient-centered department. Improvements in comfort, speed, and access will enhance the outstanding clinical outcomes for which the medical center is known.Once complete, this project strengthens our capacity to deliver high-quality emergency care to a socioeconomically diverse community, including a significant transient population.Spinal Navigation & Robotic System: $1,491,900In alignment with our mission, we invested in a state-of-the-art Spinal Navigation and Robotic System to advance the precision and safety of spinal surgery. This technology enables surgeons to perform complex procedures with greater accuracy, resulting in smaller incisions, faster recovery times, and improved outcomes for patients.By integrating advanced imaging with robotic guidance, this system enhances surgical planning and executionallowing physicians to navigate even the most intricate anatomy with confidence. This investment represents our continued commitment to ensuring that patients in our community have access to advanced, compassionate care comparable to that offered at major academic medical centers.Telemetry Equipment: $1,323,786When our aging telemetry monitors began to fail, we identified an immediate threat to patient safety and continuity of care. In response, we prioritized replacement of this critical equipment to ensure every patient continues to receive the highest level of monitoring and attention.Telemetry monitoring is essential to the early detection of cardiac and respiratory distress, enabling care teams to respond swiftly when seconds matter most. This investment reflects our dedication to safeguarding lives through vigilance and innovationensuring no compromise is ever made when it comes to patient care.Hospice Support: $52,959Funds provided compassionate support for hospice patients and their families, ensuring comfort, dignity, and peace during end-of-life care. The foundations contributions funded specialized equipment, bereavement services, and patient assistance programs that enhance quality of life and emotional well-being to patients and loved ones at every stage of life.Miscellaneous Program Support: $19,058Funds supported staff development, patient safety, and community engagement initiatives. This included Outpatient Behavioral Health staff training, hand hygiene compliance efforts, and a donated Hoyer Lift (GIK) to enhance patient care and safety. The foundation also contributed to the TCMC Holiday Party, Physician Appreciation and Stroke Awareness events, and attendance at the International Stroke Conference to advance clinical education. Additional support was provided for Campus Beautification and Patient Experience initiatives, the State of the Hospital event, and Parkinsons disease equipment purchases to improve patient services and outcomes.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,506,247 | $3,751,167 | +0.5% |
| Expenses | $5,632,072 | $2,779,049 | +1.0% |
| Net Income | $-125,825 | $972,118 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JENNIFER PAROLY | President | 1.00 |
Officer
|
$0 | $36,327 | $236,381 |
| ERIC COOPER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT BETZ | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE BROWN | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBBIE CALDERON-HASS | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAYLA HARRINGTON | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| CLAYTON GARDNER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| RITA GELDERT | Past Chair | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| STEVE HARRINGTON | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAWN KOUTSKY | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| DAN SWEIGER | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| HOSS SAID | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| JOSEPH SFIER | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| DR VICTOR SOUZA | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| BARBARA LEE | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| PAULA LEMKUIL | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| DR HAMIND MOVAHHEDIAN | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| BEVERLY RANDOLPH | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| DR KERN BRAR | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| BIANCA BRAR | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| ELLEN LANGENFELD | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| JEREMY RAIMO | Chair | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| JOHN TODD | Trustee | 1.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,506,247 | $5,632,072 | $10,242,472 | $-125,825 |
| 2024 | $3,751,167 | $2,779,049 | $9,170,879 | $972,118 |
| 2023 | $2,156,959 | $635,610 | $6,895,183 | $1,521,349 |
| 2022 | $2,720,542 | $1,180,475 | $5,655,067 | $1,540,067 |
| 2021 | $1,332,703 | $1,099,447 | $4,438,700 | $233,256 |
| 2020 | $756,161 | $2,196,084 | $4,546,406 | $-1,439,923 |
| 2019 | $1,752,573 | $386,322 | $5,539,184 | $1,366,251 |
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