THE METHODIST HOSPITALS FOUNDATION… - Form 990 Financial Data

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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

HEATHER MCCARTHY

Phone

2198864468

Tax Period

2023-01-01 to 2023-12-31

THE METHODIST HOSPITALS FOUNDATION INC, founded in 2008, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $302K, a strong 28% operating margin.

Mission

THE MISSION OF THE METHODIST HOSPITALS FOUNDATION, INC. IS TO SUPPORT THE PATIENTS' HEALTH AND WELLBEING THROUGH PROJECTS AND PROGRAMS AT THE METHODIST HOSPITALS.

Program Service Accomplishments

Program 1

Expenses: $766,926

TO SUPPORT THE METHODIST HOSPITAL IN ITS MISSION TO DELIVER EXCEPTIONAL HEALTHCARE BY FUNDRAISING FOR CLINICAL AREAS TO ENHANCE PATIENT CARE.

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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 $1,155,563

Program Service Revenue $0

Investment Income $4,371

Other Revenue $-64,138

TOTAL REVENUE $1,095,796

Expense Breakdown

Grants Paid $543,413

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $766,926

Other Expenses $249,949

TOTAL EXPENSES $793,362

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,095,796	$554,365	+1.0%
Expenses	$793,362	$743,248	+0.1%
Net Income	$302,434	$-188,883	-2.6%

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

N/A

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

$176,631

Total Directors

$651,157

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW DOYLE	BOARD MEMBER	0.30	Director	$0	$18,681	$633,157
MATTISON DILTS	BOARD MEMBER	0.30	Director	$0	$0	$6,000
GLENN S VICIAN	BOARD MEMBER	0.20	Director	$0	$0	$6,000
HEATHER MCCARTHY	PRESIDENT	0.20	Officer Director	$0	$0	$6,000
RONALD MCCOLLY	VICE PRESIDENT	0.20	Officer Director	$0	$0	$0
STEPHEN PLACE	TREASURER	0.30	Officer Director	$0	$0	$0
MAHA ALZEIDAN	BOARD MEMBER	0.40	Director	$0	$0	$0
PANNA BARAI MD	BOARD MEMBER	0.20	Director	$0	$0	$0
SHARON CHAMBERS	BOARD MEMBER	0.20	Director	$0	$0	$0
MIHAELA CONDURATEANU	BOARD MEMBER	0.20	Director	$0	$0	$0
J NIALL MCSHANE	BOARD MEMBER	0.80	Director	$0	$0	$0
GARY MILLER	BOARD MEMBER	0.50	Director	$0	$0	$0
PATRICK SALVI	BOARD MEMBER	0.20	Director	$0	$0	$0
CHAREICE WHITE	BOARD MEMBER	0.20	Director	$0	$0	$0
JUDY LINDSEY	EXECUTIVE DIRECTOR	40.00	Officer	$160,910	$9,721	$170,631

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	No data	No data	No data	No data
2023	$1,095,796	$793,362	$938,822	$302,434
2022	$554,365	$743,248	$355,836	$-188,883
2021	$384,182	$425,834	$527,455	$-41,652
2020	$412,611	$220,938	$569,443	$191,673
2019	$177,487	$112,291	$394,889	$65,196
2018	$361,853	$350,678	$374,608	$11,175

THE METHODIST HOSPITALS FOUNDATION INC