Rush Memorial Hospital Foundation Inc

EIN: 203199892 501(c)(3) Health Care

Rushville, IN

Total Revenue
$1,465,585
Total Expenses
$333,854
Total Assets
$2,463,327
Net Assets
$2,463,327
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IN
Principal Officer
Theresa Alexander
Phone
7659327568
Tax Period
2025-01-01 to 2025-12-31

Rush Memorial Hospital Foundation Inc, founded in 2005, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 77% operating margin.

Mission

The mission of the Rush Memorial Hospital Foundation is to establish a partnership with the community to help educate and fund the ongoing healthcare efforts of Rush Memorial Hospital

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,404,981
Program Service Revenue $31,260
Investment Income $29,344
Other Revenue $0
TOTAL REVENUE $1,465,585

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $321,940
Other Expenses $333,854
TOTAL EXPENSES $333,854

Year-over-Year Comparison

2025 2024 Change
Revenue $1,465,585 $365,118 +3.0%
Expenses $333,854 $241,038 +0.4%
Net Income $1,131,731 $124,080 +8.1%
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
14
Independent Members
14
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
1
$0
Total Directors
16
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Alexander Executive Director 040.00
Director Key Emp
$0 $0 $0
Diana Marlatt Member 001.00
Director
$0 $0 $0
Phil Brashaber Member 001.00
Director
$0 $0 $0
Niki McKee Secretary/Treasurer 001.00
Officer Director
$0 $0 $0
Greg Alexander Member 001.00
Director
$0 $0 $0
Gerald Mohr Member 001.00
Director
$0 $0 $0
Eleanor Columbe Member 001.00
Director
$0 $0 $0
Susan Green Member 001.00
Director
$0 $0 $0
Kelly Kennedy Member 001.00
Director
$0 $0 $0
Ashley Kinder Member 001.00
Director
$0 $0 $0
Linda Levi Member 001.00
Director
$0 $0 $0
Carl Liggett Member 001.00
Director
$0 $0 $0
Martha Lloyd Member 001.00
Director
$0 $0 $0
Brad Smith Member 001.00
Director
$0 $0 $0
Michele Gettinger Non Voting Member 001.00
Director
$0 $0 $0
Paul Barada Jr Member 001.00
Director
$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
2025 $1,465,585 $333,854 $2,463,327 $1,131,731
2024 No data No data No data No data
2023 $276,393 $174,249 $1,078,172 $102,144
2022 $215,537 $152,245 $914,525 $63,292
2021 $200,498 $136,956 $902,922 $63,542
2020 $187,308 $162,395 $798,246 $24,913
2019 $268,051 $153,518 $773,333 $114,533
2018 $227,348 $317,051 $661,251 $-89,703
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