GRADY MEMORIAL HOSPITAL CORPORATION (EIN 262037695) - 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

2008

Legal Domicile

Principal Officer

JOHN M HAUPERT PRESIDENT AND CEO

Phone

4046161846

Tax Period

2024-01-01 to 2024-12-31

GRADY MEMORIAL HOSPITAL CORPORATION, founded in 2008, is a large national nonprofit in the Health Care sector that reported $2.7B in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.4B left a modest 9% surplus.

Mission

GRADY HEALTH SYSTEM IMPROVES THE HEALTH OF THE COMMUNITY BY PROVIDING QUALITY, COMPREHENSIVE HEALTHCARE IN A COMPASSIONATE, CULTURALLY COMPETENT, ETHICAL, AND FISCALLY RESPONSIBLE MANNER. GRADY MAINTAINS ITS COMMITMENT TO THE UNDERSERVED OF FULTON AND DEKALB COUNTIES WHILE ALSO PROVIDING CARE TO RESIDENTS OF METRO ATLANTA AND GEORGIA. GRADY LEADS THROUGH CLINICAL EXCELLENCE, INNOVATIVE RESEARCH AND PROGRESSIVE MEDICAL EDUCATION AND TRAINING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $224,838,794

Program Service Revenue $2,400,497,511

Investment Income $16,201,271

Other Revenue $47,609,432

TOTAL REVENUE $2,689,147,008

Expense Breakdown

Grants Paid $16,134,785

Salaries & Benefits $1,002,916,363

Fundraising Expenses $0

Program Expenses $2,012,878,896

Other Expenses $1,414,826,274

TOTAL EXPENSES $2,433,877,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,689,147,008	$2,356,276,582	+0.1%
Expenses	$2,433,877,422	$2,185,617,947	+0.1%
Net Income	$255,269,586	$170,658,635	+0.5%

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

Employees

10675

Volunteers

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

$3,830,090

Total Directors

$2,698,520

Key Employees

$4,750,155

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN M HAUPERT FACHE	PRESIDENT/CEO	40	Officer Director	$2,659,735	$38,785	$2,698,520
ANTHONY SAUL	SR EVP/COO/CFO	40	Officer	$1,086,834	$44,736	$1,131,570
SAMUAL TODD	SVP/CHIEF ACUTE CARE SURGERY	40	Key Emp	$987,623	$38,785	$1,026,408
ROBERT JANSEN	EVP/CMO	40	Key Emp	$965,792	$56,912	$1,022,704
TIMOTHY JEFFERSON	EVP/GENERAL COUNSEL	40	Highest	$845,135	$47,225	$892,360
BENJAMIN MCKEEBY	SVP/CIO	40	Highest	$734,772	$41,304	$776,076
RICHARD ROCHE	EVP/CHIEF PEOPLE OFFICER	40	Highest	$736,233	$32,034	$768,267
MARY SALE	EVP/CHIEF STRATEGY OFFICER	40	Key Emp	$746,517	$18,114	$764,631
KELLEY CARROLL	EVP/CHIEF AMBULATORY OFFICER	40	Key Emp	$716,123	$42,477	$758,600
MICHELLE WALLACE	EVP/CHIEF NURSING OFFICER	40	Key Emp	$700,775	$12,786	$713,561
YOLANDA WIMBERLY	CHIEF HEALTH EQUITY OFFICER	40	Highest	$596,540	$37,887	$634,427
RYAN LOKE	SVP/CHIEF HEALTH POLICY OFFICER	40	Highest	$591,249	$20,699	$611,948
GEORGE WILLIAMS III	VP PERIOPERATIVE SERVICES	40	Key Emp	$449,965	$14,286	$464,251
LARRY GELLERSTEDT	CHAIRMAN	5	Officer Director	$0	$0	$0
BRIAN BLAKE	DIRECTOR	2	Director	$0	$0	$0
PEDRO CHERRY	DIRECTOR	2	Director	$0	$0	$0
ALICIA IVEY	DIRECTOR	2	Director	$0	$0	$0
JAMES H DALLAS	DIRECTOR	2	Director	$0	$0	$0
SHAN COOPER	DIRECTOR	2	Director	$0	$0	$0
JOHN GREGG	DIRECTOR	2	Director	$0	$0	$0
EDWARD J HARDIN	DIRECTOR	2	Director	$0	$0	$0
JOHN HOLLINS	DIRECTOR	2	Director	$0	$0	$0
SAM JOHNSON	DIRECTOR	2	Director	$0	$0	$0
ROBERT SHEFT	DIRECTOR	2	Director	$0	$0	$0
MICHAEL HERTZ	DIRECTOR	2	Director	$0	$0	$0
RAVI THADHANI	DIRECTOR	2	Director	$0	$0	$0
BERNIE TOKARZ	DIRECTOR	2	Director	$0	$0	$0
CAROL B TOME	DIRECTOR	2	Director	$0	$0	$0
ADRIAN TYNDALL	DIRECTOR	2	Director	$0	$0	$0
DAVID C MOODY	DIRECTOR	2	Director	$0	$0	$0
ERIC THOMAS	DIRECTOR	2	Director	$0	$0	$0
KATHRYN FLOWERS-GLASCO	DIRECTOR	2	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
2024	$2,689,147,008	$2,433,877,422	$2,377,136,159	$255,269,586
2023	$2,356,276,582	$2,185,617,947	$2,013,499,028	$170,658,635
2022	$2,032,366,950	$2,013,547,333	$1,558,983,877	$18,819,617
2021	$2,143,155,325	$2,022,170,744	$1,383,912,597	$120,984,581
2020	$2,249,757,509	$2,113,919,529	$1,235,998,165	$135,837,980
2019	$2,032,089,475	$2,002,314,577	$1,004,315,025	$29,774,898
2018	$1,629,852,150	$1,599,231,464	$863,217,521	$30,620,686

GRADY MEMORIAL HOSPITAL CORPORATION