Platte Valley Healthcare Project
Public records raise at least one point you should look into before giving.
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 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 63% of what it owns.
Living within its means
15 of 15Income exceeded spending by 36% of income.
Income trend
15 of 15Income rose 123% on the year before.
Spending floor
8 of 1563% 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 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $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
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.
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.
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.
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.
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.
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.