HAGGIN MEMORIAL HOSPITAL FOUNDATIO… - 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

1980

Legal Domicile

Phone

8597345441

Tax Period

2022-10-01 to 2023-09-30

HAGGIN MEMORIAL HOSPITAL FOUNDATION INC, founded in 1980, is a micro nonprofit in the Health Care sector that reported $8 in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year.

Mission

TO SUPPORT THE JAMES B. HAGGIN MEMORIAL HOSPITAL.

Program Service Accomplishments

Program 1

THE JAMES B. HAGGIN MEMORIAL FOUNDATION IS A 501(C)(3) ENTITY WHOSE EXEMPT PURPOSE IS TO SUPPORT THE JAMES B. HAGGIN MEMORIAL HOSPITAL IN ITS EFFORTS TO ENHANCE THE QUALITY OF, AND ACCESS TO, HEALTH CARE IN MERCER AND SURROUNDING COUNTIES. THE FOUNDATION ACCOMPLISHES THIS PURPOSE THROUGH THE MANAGEMENT OF CERTAIN ASSETS AND INVESTMENTS. THE FOUNDATION'S PRIMARY MISSION IS TO RAISE, INVEST, AND DISTRIBUTE FUNDS IN SUPPORT OF JBH'S TAX EXEMPT HEALTH CARE SERVICES. SEE SCHEDULE O FOR CONTINUATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $8

Other Revenue $0

TOTAL REVENUE $8

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8	$10	-0.2%
Expenses	N/A	N/A	N/A
Net Income	N/A	$10	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
N/A	VICE PRESIDENT	Officer Director	$0	$0	$0
N/A	PRESIDENT	Officer Director	$0	$0	$0
N/A	SECRETARY/TREASURER	Officer Director	$0	$0	$0
N/A	BOARD MEMBER	Director	$0	$0	$0
N/A	BOARD MEMBER	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	No data	No data	No data	No data
2023	$8	No data	$9,711	No data
2022	$10	No data	$9,703	No data
2021	$10	No data	$9,693	No data
2020	$10	No data	$9,683	No data
2019	$10	No data	$9,673	No data
2018	$5,010	$4,553,597	$9,663	$-4,548,587

HAGGIN MEMORIAL HOSPITAL FOUNDATION INC