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Platte Valley Healthcare Project

EIN 84-2280561 · Saratoga, WY

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthWeak43 out of 100GovernanceFair68 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO BE THE HEALTHCARE PROVIDER OF CHOICE FOR THE NORTH PLATTE VALLEY AND SURROUNDING AREA.

Income
$11.7 million
Spending
$7.5 million
Spent on programs
64%
Reserves
-20.6 months of spending
Largest source of income
donations and private grants, 51%
Employees
0
Volunteers
6

Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 43 out of 100. Higher than 21% of charities in its peer group (health care, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    5 of 20

    It owes 63% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 36% of income.

  • Income trend

    15 of 15

    Income rose 123% on the year before.

  • Spending floor

    8 of 15

    63% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 68 out of 100. Higher than 5% of charities in its peer group (health care, $10m to $100m).

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $4.8 million spent. PLATTE VALLEY HEALTHCARE PROJECT IS A NON-PROFIT ORGANIZATION IN SARATOGA, WYOMING. PLATTE VALLEY HEALTHCARE PROJECT OPERATES A HOSPITAL FACILITY, WHICH COMMENCED OPERATIONS ON MAY 23, 2023. THE ORGANIZATION ALSO INCLUDES THE FOLLOWING WHOLLY-OWNED SUBSIDIARIES: - SARATOGA CARE CENTER, LLC, WHICH OPERATES AN EXTENDED CARE FACILITY IN SARATOGA, WYOMING. - LARAMIE PEAK THERAPIES, LLC, WHICH PROVIDES PHYSICAL AND OCCUPATIONAL THERAPY SERVICES IN SARATOGA, WYOMING. - PLATTE VALLEY CLINIC, WHICH PROVIDES OUTPATIENT CLINIC SERVICES PLATTE VALLEY HEALTHCARE PROJECT IS REFERRED TO AS NORTH PLATTE VALLEY MEDICAL CENTER AS A DOING-BUSINESS-AS NAME FOR MARKETING AND MARKET IDENTIFICATION PURPOSES.

Source: Form 990 for the year ending June 30, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Caution.

    Most recent return on file covers the year ending June 2023. Organizations that miss three years of returns lose their exemption.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.