Marion General Hospital Foundation Inc

EIN: 341503188 501(c)(3) Health Care

Marion, OH

Total Revenue
$658,925
Total Expenses
$244,105
Total Assets
$6,386,005
Net Assets
$6,194,683
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
OH
Phone
7403838650
Tax Period
2024-07-01 to 2025-06-30

Marion General Hospital Foundation Inc, founded in 1984, is a small nonprofit in the Health Care sector that reported $659K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $415K, a strong 63% operating margin.

Mission

THE MISSION OF THIS CORPORATION IS TO PROVIDE SUPPORT BY WAY OF RECEIVING, MANAGING AND EXPENDING FUNDS AND OTHER ASSETS OF THIS CORPORATION TO BENEFIT THE MISSION OF MARION GENERAL HOSPITAL, INC.

Program Service Accomplishments

Program 1
Expenses: $123,705

Marion General Hospital Foundation (MGHF) provides support for Marion General Hospital, its patients, and other initiatives identified as community needs. While the specific needs change from time to...

Read more

Marion General Hospital Foundation (MGHF) provides support for Marion General Hospital, its patients, and other initiatives identified as community needs. While the specific needs change from time to time, MGHF consistently provides general support for the needs of patients and community members. In fiscal year 2025, that support included, (but was not limited to): - support for the purchase of equipment and supplies for patient care and treatment, *Over $5,700 was used to purchase equipment and supplies for jaw manipulation and other therapies to assist patients who have difficulties swallowing, eating, speaking, etc. - assistance to patients to help pay for medications and medical devices, - hospice and bereavement services, - ministry work, - Center Street Market vouchers to provide seniors with affordable nutrition, - transportation, meals and lodging for families of sick children, - housing improvements * MGHF collaborated with Habitat for Humanity and contributed $4,000 to purchase sheds to improve housing quality for residents of the Marion County community. MGHF also supports various cancer care programs. Over $9,700 was provided for transportation to medical appointments, medications, medical supplies, cosmetics, wigs and clothing to cancer patients in need of these items. Additionally MGHF contributed over $16,000 to fund nursing scholarships and other educational opportunities for clinicians.

Program 2
Expenses: $120,400

Capital purchases and Other Large Expenditures - Marion General Hospital Foundation supports Marion General Hospital by assisting with large purchases and expenses on an as needed basis. In fiscal...

Read more

Capital purchases and Other Large Expenditures - Marion General Hospital Foundation supports Marion General Hospital by assisting with large purchases and expenses on an as needed basis. In fiscal year 2025, the foundation: - continued assistance to complete the purchase of a Hercule Patient Repositioner, - made a donation to support updates to the adjunct therapy room to include new flooring, cabinetry, kitchen upgrades, furnishings and lighting, - committed funds to pay for the repair of the fountain in front of the hospital.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,834
Program Service Revenue $0
Investment Income $470,173
Other Revenue $3,918
TOTAL REVENUE $658,925

Expense Breakdown

Grants Paid $244,105
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $244,105
Other Expenses $0
TOTAL EXPENSES $244,105

Year-over-Year Comparison

2024 2023 Change
Revenue $658,925 $543,733 +0.2%
Expenses $244,105 $533,801 -0.5%
Net Income $414,820 $9,932 +40.8%
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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
134

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
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRADLEY H RIDGE VICE CHAIR (START JULY 1, 2024) 1.0
Officer Director
$0 $0 $0
LARRY GEISSLER TREASURER 1.0
Officer Director
$0 $0 $0
LENORA MAYES SECRETARY 1.0
Officer Director
$0 $0 $0
TED BABICH CHAIR 1.0
Officer Director
$0 $0 $0
AARON ROLLINS DIRECTOR 1.0
Director
$0 $0 $0
CAROLYN KILE DIRECTOR 1.0
Director
$0 $0 $0
CINDY SCHIFER DIRECTOR (START JULY 1, 2024) 1.0
Director
$0 $0 $0
GARY IAMS DIRECTOR 1.0
Director
$0 $0 $0
GARY K SIMS DIRECTOR 1.0
Director
$0 $0 $0
HEIDI JONES DIRECTOR 1.0
Director
$0 $0 $0
MATT PRIMMER DIRECTOR (START JULY 1, 2024) 1.0
Director
$0 $0 $0
MICHAEL MCCLEESE DO DIRECTOR 1.0
Director
$0 $0 $0
THOMAS A FRERICKS DIRECTOR 1.0
Director
$0 $0 $0
BETH MEADOWS ADVISOR PHILANTHROPY AND VOLUNTEER SERVICES 1.0
Officer
$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
2025 $658,925 $244,105 $6,386,005 $414,820
2024 No data No data No data No data
2023 $496,042 $220,615 $5,382,668 $275,427
2022 $596,054 $297,878 $5,032,983 $298,176
2021 $519,579 $224,196 $5,407,920 $295,383
2020 $359,147 $115,368 $4,459,369 $243,779
2019 $591,156 $129,595 $4,246,296 $461,561
2018 $513,877 $166,864 $3,756,908 $347,013
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Marion General Hospital Foundation Inc with other nonprofits in Ohio and across the country.