PHOENIX, AZ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MEMORIAL HEALTH PARTNERS FOUNDATION INC, founded in 2002, is a major nonprofit that reported $171.1M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $200.8M exceeded revenue, resulting in a 17% operating deficit.
AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.
CERTAIN REPORTABLE INDIVIDUALS ARE COVERED BY AN EXECUTIVE SEVERANCE POLICY THAT PROVIDES MARKET-STANDARD COMPENSATION, RANGING FROM PAYMENTS OF 9 MONTHS TO 2 YEARS OF BASE COMPENSATION, DEPENDING ON...
CERTAIN REPORTABLE INDIVIDUALS ARE COVERED BY AN EXECUTIVE SEVERANCE POLICY THAT PROVIDES MARKET-STANDARD COMPENSATION, RANGING FROM PAYMENTS OF 9 MONTHS TO 2 YEARS OF BASE COMPENSATION, DEPENDING ON THE EXECUTIVE'S POSITION, IN THE EVENT OF A POSITION ELIMINATION OR OTHER INVOLUNTARY TERMINATION, IN ACCORDANCE WITH THE GUIDELINES OF THE POLICY. CERTAIN REPORTABLE INDIVIDUALS ARE COVERED BY A NON-EXECUTIVE SEVERANCE POLICY THAT PROVIDES MARKET-STANDARD COMPENSATION, RANGING FROM PAYMENTS OF 2 WEEKS TO 52 WEEKS OF BASE COMPENSATION, DEPENDING ON THE EMPLOYEE'S POSITION AND TENURE, IN THE EVENT OF A POSITION ELIMINATION OR OTHER INVOLUNTARY TERMINATION, IN ACCORDANCE WITH THE GUIDELINES OF THE POLICY. THE FOLLOWING REPORTABLE INDIVIDUALS RECEIVED SEVERANCE PAYMENTS DURING THE 2024 CALENDAR YEAR, AND THESE SEVERANCE PAYMENTS WERE INCLUDED IN THE INDIVIDUALS' W-2 INCOME AND REPORTABLE COMPENSATION ON PART VII AND SCHEDULE J, PART II, COLUMN (B)(III): LAWRENCE SCHUMACHER, $2,488,602.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $171,072,788 | $135,364,348 | +0.3% |
| Expenses | $200,842,504 | $163,461,292 | +0.2% |
| Net Income | $-29,769,716 | $-28,096,944 | +0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LARRY SCHUMACHER | FORMER OFFICER | 2.00 |
|
$0 | $10,402 | $2,514,435 |
| DAVID FOSTER MD | BOARD MEMBER/ SYSTEM VP PE OPS | 1.00 |
Director
|
$0 | $155,064 | $1,634,567 |
| MAYSHAN GHIASSI MD | PHYSICIAN/NEUROSURGEON | 50.00 |
Highest
|
$1,139,883 | $53,295 | $1,523,798 |
| TROY HAMMETT | FORMER OFFICER | 0.00 |
|
$0 | $58,742 | $1,429,897 |
| JEFFREY MULLINS MD | PHYSICIAN | 50.00 |
Highest
|
$1,260,563 | $46,903 | $1,335,248 |
| RANJITH BABU MD | NEUROSURGEON | 50.00 |
Highest
|
$827,150 | $47,907 | $1,277,011 |
| KRISHNENDU BHADRA MD | PHYSICIAN | 50.00 |
Highest
|
$1,221,149 | $44,538 | $1,265,687 |
| JANELLE REILLY | MARKET CEO | 2.00 |
Officer
Director
|
$0 | $67,400 | $1,145,678 |
| JR JAMES HEADRICK MD | THORACIC SURGEON PRIMARY | 50.00 |
Highest
|
$1,014,724 | $46,382 | $1,061,106 |
| DEREK CROUTHERS MD | BOARD MEMBER/PHYSICIAN | 50.00 |
Director
|
$753,532 | $28,401 | $781,933 |
| DANIEL HEITHOLD MD | BOARD MEMBER/PHYSICIAN | 50.00 |
Director
|
$573,493 | $43,382 | $616,875 |
| RACHEL LABOVITZ MD | BOARD MEMBER/PHYSICIAN INTERNAL MED GENERAL | 50.00 |
Director
|
$504,758 | $49,283 | $554,041 |
| MAELOR HUGHES | PRESIDENT | 20.00 |
Officer
Director
|
$0 | $13,262 | $480,040 |
| LEE JACKSON MD | BOARD MEMBER/MKT CHIEF MEDICAL OFFICER | 50.00 |
Director
|
$0 | $59,454 | $473,671 |
| MICHAEL DANT MD | FORMER OFFICER | 0.00 |
|
$396,639 | $41,308 | $437,947 |
| TONIA COX MD | BOARD MEMBER/PHYSICIAN | 50.00 |
Director
|
$377,629 | $58,553 | $436,182 |
| HANY NAGGAR MD | CHAIR/PHYSICIAN | 50.00 |
Officer
Director
|
$360,489 | $61,231 | $421,720 |
| ANDREW MCGILL | BOARD MEMBER/VP | 2.00 |
Director
|
$0 | $39,610 | $418,981 |
| MICHAEL SUTTON | FORMER OFFICER | 0.00 |
|
$0 | $34,129 | $379,636 |
| NATALIE BRAGGS MD | BOARD MEMBER/PHYSICIAN | 50.00 |
Director
|
$316,930 | $17,360 | $334,290 |
| JOHN REDDING MD | BOARD MEMBER/SVP PE | 1.00 |
Director
|
$0 | $35,206 | $290,007 |
| CRAIG NIELSEN | MARKET VP FINANCE | 0.00 |
Officer
|
$0 | $41,109 | $287,208 |
| FRANKLIN BAKER PA | BOARD MEMBER/PA | 50.00 |
Director
|
$119,990 | $26,826 | $146,816 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $171,072,788 | $200,842,504 | $69,702,326 | $-29,769,716 |
| 2024 | $135,364,348 | $163,461,292 | $76,210,654 | $-28,096,944 |
| 2023 | $121,592,040 | $150,208,487 | $46,492,019 | $-28,616,447 |
| 2022 | $111,915,603 | $143,955,908 | $38,284,870 | $-32,040,305 |
| 2021 | $106,834,470 | $137,763,039 | $34,336,235 | $-30,928,569 |
| 2020 | $98,014,094 | $128,063,961 | $35,079,934 | $-30,049,867 |
| 2019 | $94,823,415 | $119,886,270 | $19,019,847 | $-25,062,855 |
| 2018 | $86,498,950 | $107,342,675 | $20,995,168 | $-20,843,725 |
Compare MEMORIAL HEALTH PARTNERS FOUNDATION INC with other nonprofits in Arizona and across the country.