FOSTORIA HOSPITAL ASSOCIATION (EIN 340898745) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1930

Legal Domicile

Principal Officer

TERRENCE METZGER

Phone

4192525722

Tax Period

2023-01-01 to 2023-12-31

FOSTORIA HOSPITAL ASSOCIATION, founded in 1930, is a mid-sized nonprofit that reported $52.5M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $45.3M left a modest 14% surplus.

Mission

FOSTORIA HOSPITAL ASSOCIATION IS AN ACUTE CARE HOSPITAL THAT PROVIDES HEALTHCARE SERVICES TO ALL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $612,006

Program Service Revenue $48,849,757

Investment Income $0

Other Revenue $3,040,210

TOTAL REVENUE $52,501,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,987,473

Fundraising Expenses $0

Program Expenses $39,329,646

Other Expenses $31,298,964

TOTAL EXPENSES $45,286,437

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,501,973	$46,158,729	+0.1%
Expenses	$45,286,437	$44,319,791	+0.0%
Net Income	$7,215,536	$1,838,938	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

249

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

$6,284,934

Total Directors

$4,605,551

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA THIEL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JODI RUCKER	TRUSTEE/HOSPITAL PRESIDENT	1.00	Officer Director	$0	$3,717	$267,370
LOUIS ROBICHAUX	TREASURER - PART YEAR	1.00	Officer Director	$0	$0	$0
TERRENCE METZGER	TRUSTEE/TREASURER	1.00	Officer Director	$0	$4,079	$1,059,169
TIM BEIDELSCHIES MD	TRUSTEE	1.00	Director	$0	$0	$0
JEANNE BOHM MD	TRUSTEE - PART YEAR	1.00	Director	$0	$0	$0
RONALD CRAIG	TRUSTEE - PART YEAR	1.00	Director	$0	$0	$0
TY OLIVER	TRUSTEE - PART YEAR	1.00	Director	$0	$0	$0
BERNIE DICKSON	TRUSTEE	1.00	Director	$0	$0	$0
ANGELA SPRANG	TRUSTEE - PART YEAR	1.00	Director	$0	$0	$0
TERRENCE HOENING	TRUSTEE	1.00	Director	$0	$0	$0
SANSANEE LONGBRAKE	TRUSTEE	1.00	Director	$0	$0	$0
MATT KIBLER	TRUSTEE	1.00	Director	$0	$0	$0
DARIN NYE MD	TRUSTEE	1.00	Director	$0	$0	$0
LIBRA MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
FREDRICK REINHART	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW SPRANG	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY P YENRICK	TRUSTEE	1.00	Director	$0	$0	$0
MARSHA CUSHMAN DO	TRUSTEE	1.00	Director	$0	$0	$0
DASA DZIERWA	TRUSTEE	1.00	Director	$0	$0	$164,736
ANN KUJAWA	TRUSTEE/VICE PRESIDENT	1.00	Director	$0	$10,806	$283,331
DAWN BUSKEY	TRUSTEE/TREASURER	1.00	Officer Director	$0	$5,337	$1,417,737
STEVE SADOWSKI	TREASURER/CHIEF LEGAL OFFICER	1.00	Officer Director	$0	$6,028	$1,413,208
ARTURO POLIZZI	PRESIDENT AND CEO	1.00	Officer	$0	$5,857	$2,127,450
LISA SALTZMAN	LEAD PHARMACIST	45.00	Highest	$151,706	$7,106	$158,812
SCOTT BEIDELSCHIES	PHARMACIST	45.00	Highest	$149,638	$3,677	$153,315
AMY PREBLE	ASSOCIATE VP, CLINICAL	45.00	Highest	$138,617	$3,282	$141,899
JOHANNA HARRIS	CLINICAL PHARMACIST	45.00	Highest	$140,226	$3,909	$144,135
LINDSAY SPRIDGEON	PHARMACIST	45.00	Highest	$139,267	$570	$139,837
STEVEN M CAVANAUGH	TREASURER, CFO - FORMER	0.00		$0	$995	$1,336,175
JEFFREY C KUHN	SECRETARY, CHIEF LEGAL OFFICER - FORMER	0.00		$0	$33,822	$755,722
GARY AKENBERGER	SR VP FINANCE - FORMER	0.00		$0	$36,639	$565,286

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	$52,501,973	$45,286,437	$27,366,202	$7,215,536
2022	$46,158,729	$44,319,791	$30,488,406	$1,838,938
2021	$45,375,690	$37,597,689	$31,575,521	$7,778,001
2020	$42,246,912	$35,595,898	$29,955,900	$6,651,014
2019	$39,681,401	$34,513,417	$73,918,469	$5,167,984
2018	$49,660,700	$36,179,936	$72,199,168	$13,480,764

FOSTORIA HOSPITAL ASSOCIATION