H โ€” Medical ResearchEIN: 271059815ยท Ruling Year: 2014

Richmond Medical Center Foundation Inc

Staten Island, New York

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$4.1M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$8.3M
Net Assets
๐Ÿ“‹
$773K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+36.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.21
Net assets divided by total expenses
Liabilities-to-Assets
8.5%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$4,101,766โ†“19%$2,596,564โ†‘53%$9,111,817โ†‘17%
2022$5,057,648โ†“3%$1,696,600$7,782,699โ†‘62%
2021$5,240,955โ†‘316%$1,692,534โ†“21%$4,799,422โ†‘96%
2020$1,260,576โ†“48%$2,147,079โ†“8%$2,443,021โ†“23%
2019$2,407,945โ†‘92%$2,325,632โ†“3%$3,160,424โ†‘6%
2018$1,254,043โ†“22%$2,392,557โ†“21%$2,987,235โ†“24%
2017$1,602,842โ†“47%$3,031,188โ†‘584%$3,929,906โ†“25%
2016$3,043,985โ†“19%$443,472โ†“72%$5,253,963โ†‘98%
2015$3,779,250โ†‘536%$1,596,715โ†‘1194%$2,653,450โ†‘463%
2014$594,351$123,436$470,915โ†‘47091400%
2013$0$0$1

Frequently Asked Questions

What does Richmond Medical Center Foundation Inc do?โ–ผ

Richmond Medical Center Foundation Inc is a medical research nonprofit organization based in New York. It is classified under NTEE code H11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Richmond Medical Center Foundation Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Richmond Medical Center Foundation Inc has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Richmond Medical Center Foundation Inc generate?โ–ผ

Richmond Medical Center Foundation Inc reports $2.7M in annual revenue and holds $8.0M in total assets, based on IRS filings.

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Richmond Medical Center Foundation Inc โ€” Staten Island, NY | GiveScope