SHELBYVILLE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MAJOR HOSPITAL FOUNDATION, founded in 1962, is a community nonprofit in the Health Care sector that reported $1.3M in total revenue in fiscal year 2023. The organization ran a surplus of $503K, a strong 38% operating margin.
OUR MISSION IS TO SUPPORT THE MHP MEDICAL CENTER/MAJOR HOSPITAL, ORGANIZATIONS SUPPORTING THE MISSION OF MHP, AND OUR PATIENTS BY HELPING FINANCE PURCHASES OF MEDICAL TECHNOLOGY AND EQUIPMENT, CAPITAL PROJECTS, PATIENT SUPPORT AND ASSISTANCE, AND EDUCATION FOR OUR STAFF AND COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,340,440 | $1,331,035 | +0.0% |
| Expenses | $837,195 | $1,017,641 | -0.2% |
| Net Income | $503,245 | $313,394 | +0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RALPH MERCURI | BOARD TREASURER, HOSPITAL CFO | 5.00 |
Officer
Director
|
$0 | $43,381 | $395,659 |
| JOHN COFFIN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $6,000 |
| JOHN M HORNER | BOARD MEMBER, HOSPITAL CEO | 5.00 |
Officer
Director
|
$0 | $43,584 | $636,867 |
| STEVE BLACK | BOARD MEMBER, HOSPITAL DIRECTOR OF BH | 2.00 |
Director
|
$0 | $28,566 | $227,045 |
| BRENT THOMAN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JODY BUTTS-DOLDER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRADY CLAXTON | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RON BROWNING | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BETH CASE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREA GOLDYN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN LUX | BOARD MEMBER (PARTIAL YEAR) | 2.00 |
Director
|
$0 | $0 | $0 |
| C GENE JONES | BOARD MEMBER (PARTIAL YEAR) | 2.00 |
Director
|
$0 | $0 | $7,200 |
| KALEIGH HURLEY LEE | DEVELOPMENT COORDINATOR | 40.00 |
Officer
|
$34,331 | $9,935 | $44,266 |
| LATISHA IDLEWINE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$78,981 | $82 | $79,063 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,340,440 | $837,195 | $8,585,393 | $503,245 |
| 2022 | $1,331,035 | $1,017,641 | $7,738,639 | $313,394 |
| 2021 | $1,817,203 | $1,019,989 | $8,697,435 | $797,214 |
| 2020 | $711,832 | $1,236,626 | $7,647,308 | $-524,794 |
| 2019 | $976,404 | $1,842,478 | $7,570,795 | $-866,074 |
| 2018 | $2,015,361 | $1,334,381 | $7,652,628 | $680,980 |
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