Grand River Hospital District Memorial Trust Fund
Nonprofit profile at a glance
- EIN
- 840736594
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Rifle, CO, USA
- Phone
- 9706251510
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $22
- Expenses
- $372,426
- Assets
- $12,196
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JAY RICKSTREW (PRESIDENT)
Highest reported compensation
- KEVIN WHELAN (TRUSTEE): $1,600 total reported compensation
- TODD ELLIS (VICE PRESIDE): $1,500 total reported compensation
- ANSLEY DENNIS (SECRETARY/TR): $1,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Grand river hospital district trust provides financial aid toward the operations, capital improvements, equipment, and bond indebtedness of the hospital district, or for other purposes as designated by donors of donations received.
What it reported doing in 2025
To provide financial support toward the operations of grand river hospital district. The trust contributed approximately 372,000 for medical equipment and to support program activities during the year.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Accountability: 91
- Sustainability: 10
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1,692,745.5%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 10% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: -17.4% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: -3.2% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $372K in reported program spending
- Leadership: top reported pay $2K · 7 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 4 filed schedules · includes grants and related organizations
- Filing history: 14 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.