Walker County Hospital Corporation Huntsville Memorial Hospital (EIN 203069241) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Phone

9362913411

Tax Period

2023-07-01 to 2024-06-30

Walker County Hospital Corporation Huntsville Memorial Hospital, founded in 2005, is a small nonprofit in the Health Care sector that reported $368K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $197K, a strong 54% operating margin.

Mission

The organization is committed to the health and well being of the surrounding regional communities.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $367,730

TOTAL REVENUE $367,730

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $170,863

TOTAL EXPENSES $170,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$367,730	$3,136,061	-0.9%
Expenses	$170,863	$784,013	-0.8%
Net Income	$196,867	$2,352,048	-0.9%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mac Woodward	President	1.00	Director	$0	$0	$0
Sam H Burris	Member	1.00	Director	$0	$0	$0
Jack Choate	Member	1.00	Director	$0	$0	$0
Fern Frosch	Member	1.00	Director	$0	$0	$0
Brad Livingston	Member	1.00	Director	$0	$0	$0
John Knight MD	Member	1.00	Director	$0	$0	$0
Dave Khurana MD	Finance Chair	1.00	Director	$0	$0	$0
Urmil R Shukla MD	Member	1.00	Director	$0	$0	$0
Scott Phillips	Interim CEO	5.00	Officer	$0	$0	$0

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	$367,730	$170,863	$435,294	$196,867
2023	$3,136,061	$784,013	$2,468,664	$2,352,048
2022	$2,370,525	$676,967	$1,729,398	$1,693,558
2021	$1,820,748	$1,283,318	$1,780,007	$537,430
2020	$45,640,795	$69,058,174	$285,426	$-23,417,379
2018	$97,694,919	$112,533,123	$37,550,939	$-14,838,204

Walker County Hospital Corporation Huntsville Memorial Hospital