Louisville, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Baptist Healthcare Foundation Inc, founded in 1983, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.4M, a strong 30% operating margin.
To serve as an instrument to assist, advance and strengthen Baptist Healthcare System, Inc. in their ministry of healing, in their service as a health center for their communities, and in all related health and humanitarian endeavors.
Baptist Healthcare Foundation, Inc., is organized and operated to benefit Baptist Healthcare System, Inc., the largest not-for-profit health system in Kentucky in their ministry of healing and...
Baptist Healthcare Foundation, Inc., is organized and operated to benefit Baptist Healthcare System, Inc., the largest not-for-profit health system in Kentucky in their ministry of healing and service. The foundation builds on the Baptist Health heritage of leadership, healing, service and commitment by fostering partnerships to assist, advance and strengthen the exceptional medical care at our hospitals and throughout the diverse communities we serve. Amounts paid to Baptist Healthcare Foundation are used to support patient care and capital needs at our eight member hospitals. All Baptist Health facilities provide medically necessary care to all patients regardless of race, religion, sex, national origin, disability, age or ability to pay.
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 | $4,673,736 | $7,786,742 | -0.4% |
| Expenses | $3,265,726 | $2,375,078 | +0.4% |
| Net Income | $1,408,010 | $5,411,664 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| Gerard J Colman PhD | President & Director | 1.00 |
Officer
Director
|
$0 | $402,104 | $3,517,911 |
| Alan Rudd | Vice Chair & Director | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Victoria Buster | Chair & Director | 1.00 |
Officer
Director
|
$0 | $0 | $3,000 |
| R Christion Hutson | Director | 1.00 |
Director
|
$0 | $0 | $3,000 |
| Janet M Norton | Vice President & Secretary | 1.00 |
Officer
|
$0 | $38,654 | $1,109,535 |
| Richard F Carrico | Vice President & Treasurer | 1.00 |
Officer
|
$0 | $30,778 | $913,869 |
| Stephen R Oglesby | Former VP & Treas (Through 1/6/23) | 0.00 |
|
$0 | $7,196 | $343,444 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,673,736 | $3,265,726 | $10,270,355 | $1,408,010 |
| 2023 | $7,786,742 | $2,375,078 | $8,571,488 | $5,411,664 |
| 2022 | $4,376,365 | $3,053,546 | $3,020,410 | $1,322,819 |
| 2021 | $2,784,583 | $2,179,603 | $1,291,113 | $604,980 |
| 2020 | $1,386,416 | $1,738,174 | $688,661 | $-351,758 |
| 2019 | $563,027 | $522,677 | $433,193 | $40,350 |
| 2018 | $327,816 | $285,127 | $368,383 | $42,689 |
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