CARSON VALLEY HEALTH FOUNDATION
Mission Statement
The Carson Valley Health Foundation is a 501(c)(3) nonprofit organization dedicated to providing a partnership with our community to improve healthcare services, educational and research programs, and to support lifesaving technology through philanthropy. Vision: To collaborate with the community and healthcare providers to identify and bring state-of-the-art healthcare to the members of our community. It is our philanthropic promise to work diligently to raise funds to acquire healthcare equipment and develop programs that meet the needs of, and enrich the lives of, our community. Funds raised through the CVH Foundation will improve the healthcare system’s ability to serve the medical needs of the Carson Valley community and its visitors.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.3% | 84.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.7% | 10.9% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 12.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.3 mo | 13.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.1% | 93.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
22.8% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1273.5% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-60.3% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $156K | $250K | $465K | 99.3% | 0 |
| 2023 | $127K | $18K | $559K | 90.3% | 0 |
| 2022 | $90K | $5K | $450K | 63.4% | 0 |
| 2021 | $206K | $33K | N/A | — | 0 |
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