LRGHealthcare

Nonprofit profile at a glance

EIN
020222150
IRS 990-EZ coverage
2022–2023
Forms available
Form 990 2021, Form 990-EZ 2023, Form 990-T 2021
Location
Laconia, NH, USA
Phone
6035243211
Rating confidence
Limited
Sector
Hospitals and Related Primary Medical Care Facilities

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • K Mark Primeau (Trustee)
  • Cynthia Baron (Trustee/Chair)
  • William Bald (Trustee/Vice Chair)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

HGRL's mission was to provide quality, compassionate care and to strengthen the well-being of its community.

What it reported doing in 2023

During a previous tax year, the Organization ceased all healthcare services and ceased to operate as a licensed Hospital. During the tax year covered by this Form 990-EZ, the Organization had no activity and held no assets, liabilities, or net assets. All previously held assets were fully distributed out of the Organization in a prior tax year. As of the end of this tax year, the Organization concluded all wind-down procedures and filed its Statement of Dissolution with the New Hampshire Secretary of State. Accordingly, this Form 990-EZ is a Final Return, as the Organization has now fully terminated as a legal entity, has concluded all operations, and no longer has claim to any assets.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 70
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -10.3% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -12.2% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.