HIGHLAND DISTRICT HOSPITAL FOUNDATION (EIN 311666318) - 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

2001

Legal Domicile

Principal Officer

TIMOTHY PARRY

Phone

9373936100

Tax Period

2024-01-01 to 2024-12-31

HIGHLAND DISTRICT HOSPITAL FOUNDATION, founded in 2001, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2024.

Mission

TO CONDUCT THE STRATEGIC HEALTH CARE PLANNING, TO PROMOTE HEALTH IN HIGHLAND COUNTY AND IN AREAS SERVICED BY THE CORPORATION, AND TO OWN, LEASE, OPERATE, AND/OR PROVIDE HEALTH CARE FACILITIES FOR THE EXCLUSIVE BENEFIT OF HIGHLAND DISTRICT HOSPITAL, A JOINT TOWNSHIP DISTRICT HOSPITAL.

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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 $2,800,000

Program Service Revenue $0

Investment Income $14,574

Other Revenue $13,515

TOTAL REVENUE $2,828,089

Expense Breakdown

Grants Paid $2,800,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,814,359

Other Expenses $14,359

TOTAL EXPENSES $2,814,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,828,089	$2,627,981	+0.1%
Expenses	$2,814,359	$2,600,000	+0.1%
Net Income	$13,730	$27,981	-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

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

$711,532

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY E BURNS JR	CHAIRMAN	0.25	Officer Director	$0	$0	$0
BRIAN SETTY	SECRETARY	0.25	Officer Director	$0	$0	$0
LARRY PARKER	TREASURER	0.25	Officer Director	$0	$0	$0
PHILLIP WILSON PHD	DIRECTOR	0.25	Director	$0	$0	$0
DWIGHT CREEK	DIRECTOR	0.25	Director	$0	$0	$0
RINDY MATTHEWS DC	DIRECTOR	0.25	Director	$0	$0	$0
STEVE THOMPSON	DIRECTOR	0.25	Director	$0	$0	$0
TIMOTHY PARRY	CEO	1.00	Officer	$0	$84,584	$474,496
MEGHANN ACKLEY	CFO	1.00	Officer	$0	$61,588	$237,036

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	$2,828,089	$2,814,359	$1,196,487	$13,730
2023	$2,627,981	$2,600,000	$1,182,557	$27,981
2022	$1,505,051	$1,500,000	$1,154,576	$5,051
2021	$904,126	$900,000	$1,149,525	$4,126
2020	$1,759,257	$1,750,000	$1,145,399	$9,257

HIGHLAND DISTRICT HOSPITAL FOUNDATION