MERCY HEALTH FOUNDATION FORT SMITH

EIN: 237330425 501(c)(3)

FORT SMITH, AR

Total Revenue
$11,268,619
Total Expenses
$2,208,661
Total Assets
$20,971,162
Net Assets
$20,806,812
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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
AR
Principal Officer
PATRICK PENDLETON
Phone
3145796100
Tax Period
2023-07-01 to 2024-06-30

MERCY HEALTH FOUNDATION FORT SMITH, founded in 1973, is a small nonprofit that reported $745K in total revenue in fiscal year 2017. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 100% operating deficit.

Mission

AS THE SISTERS OF MERCY BEFORE US, WE BRING TO LIFE THE HEALING MINISTRY OF JESUS THROUGH OUR COMPASSIONATE CARE AND EXCEPTIONAL SERVICE.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,253,155
Program Service Revenue $0
Investment Income $260,646
Other Revenue $-245,182
TOTAL REVENUE $11,268,619

Expense Breakdown

Grants Paid $1,244,034
Salaries & Benefits $880,701
Fundraising Expenses $438,025
Program Expenses $1,244,034
Other Expenses $83,926
TOTAL EXPENSES $2,208,661

Year-over-Year Comparison

2023 2022 Change
Revenue $11,268,619 $3,481,171 +2.2%
Expenses $2,208,661 $3,292,377 -0.3%
Net Income $9,059,958 $188,794 +47.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
17
Employees
N/A
Volunteers
18

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
$1,418,509
Total Directors
18
$978,649
Key Employees
1
$369,872
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BESHEARS TRAVIS BOARD MEMBER & SECRETARY 1.00
Officer Director
$0 $0 $0
HARMON DREW BOARD MEMBER & TREASURER 1.00
Officer Director
$0 $0 $0
BEAUCHAMP RICKY BOARD MEMBER 1.00
Director
$0 $0 $0
CLARK SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
COX LEANN BOARD MEMBER 1.00
Director
$0 $0 $0
CURRY DWIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
DAVIS CHARLOTTE RAE BOARD MEMBER 1.00
Director
$0 $0 $0
FORSGREN STEPHEN BOARD MEMBER 1.00
Director
$0 $0 $0
HENDRICKS ANNIE BOARD MEMBER 1.00
Director
$0 $0 $0
HOLROYD ROGER BOARD MEMBER 1.00
Director
$0 $0 $0
HUNTON MD DAVID PHYSICIAN & BOARD MEMBER 1.00
Director
$0 $23,681 $978,649
LEDFORD ZACHARY DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
PENDLETON PATRICK BOARD MEMBER 1.00
Director
$0 $0 $0
SCHNEIDER BRIAN BOARD MEMBER 1.00
Director
$0 $0 $0
SORG EDDIE BOARD MEMBER 1.00
Director
$0 $0 $0
WESTPHAL BENNIE BOARD MEMBER 1.00
Director
$0 $0 $0
WRIGHT ALAN BOARD MEMBER 1.00
Director
$0 $0 $0
WRIGHT STEPHANIE BOARD MEMBER 1.00
Director
$0 $0 $0
GEHRIG RYAN COMMUNITY PRESIDENT 2.00
Officer
$0 $121,202 $1,418,509
WILCHER GRETA CFO 10.00
Key Emp
$0 $43,147 $369,872
ELLISON CLARK FORMER KEY EMPLOYEE 0.00
$0 $35,561 $285,515
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 No data No data No data No data
2024 $11,268,619 $2,208,661 $20,971,162 $9,059,958
2023 $3,481,171 $3,292,377 $11,927,679 $188,794
2022 $2,459,290 $1,359,552 $11,204,018 $1,099,738
2021 $4,304,791 $1,745,264 $11,257,845 $2,559,527
2020 $1,735,516 $1,874,543 $9,590,581 $-139,027
2019 $1,453,691 $1,269,161 $10,453,497 $184,530
2018 $745,315 $1,487,934 $9,596,265 $-742,619
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