LAIRD HOSPITAL INC

EIN: 201835779 501(c)(3) Health Care

UNION, MS

Total Revenue
$32,103,046
Total Expenses
$35,282,077
Total Assets
$17,025,598
Net Assets
$-1,426,687
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MS
Principal Officer
D LARKIN KENNEDY
Phone
6017039992
Tax Period
2023-01-01 to 2023-12-31

LAIRD HOSPITAL INC, founded in 2004, is a mid-sized nonprofit in the Health Care sector that reported $32.1M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

HOSPITAL AND CLINIC PATIENT SERVICE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $31,934,987
Investment Income $0
Other Revenue $168,059
TOTAL REVENUE $32,103,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,915,851
Fundraising Expenses $0
Program Expenses $26,361,567
Other Expenses $17,366,226
TOTAL EXPENSES $35,282,077

Year-over-Year Comparison

2023 2022 Change
Revenue $32,103,046 $35,506,617 -0.1%
Expenses $35,282,077 $34,307,299 +0.0%
Net Income $-3,179,031 $1,199,318 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$1,396,022
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RITA JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
PJ HENRY BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL SUTPHIN BOARD MEMBER 1.00
Director
$0 $0 $0
JON MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY W DRISKELL BOARD MEMBER 1.00
Director
$0 $0 $0
D LARKIN KENNEDY CEO - OCHSNER RUSH HEALTH 1.00
Officer
$0 $54,090 $669,893
J ALLEN TYRA CEO - OCHSNER RUSH MEDICAL CENTER 1.00
Officer
$0 $23,546 $374,098
DAVID BUTLER CFO - OCHSNER RUSH HEALTH 1.00
Officer
$0 $21,709 $352,031
FREDERICK DUGGAN MD FORMER OFFICER 0.00
$0 $27,383 $840,103
PATRICK EAKES MD FORMER HIGHEST COMP - PHYSICIAN 1.00
$0 $23,823 $376,165
LARA ROSS MD FORMER HIGHEST COMP - PHYSICIAN 1.00
$0 $9,760 $315,910
CHRISTOPHER WEBB MD FORMER HIGHEST COMP - PHYSICIAN 1.00
$0 $9,188 $295,675
DEBORAH HESTER MD FORMER HIGHEST COMP - PHYSICIAN 1.00
$0 $10,039 $277,750
KRISTA L BOYETTE MD FORMER HIGHEST COMP - PHYSICIAN 1.00
$0 $11,590 $273,936
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $32,103,046 $35,282,077 $17,025,598 $-3,179,031
2022 $35,506,617 $34,307,299 $14,571,017 $1,199,318
2021 $38,978,099 $36,043,280 $76,510,652 $2,934,819
2020 $35,402,770 $33,004,626 $59,962,410 $2,398,144
2019 $29,741,561 $33,010,784 $45,799,434 $-3,269,223
2018 $30,987,648 $30,891,957 $37,441,548 $95,691
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