WOOD COUNTY HOSPITAL FOUNDATION

EIN: 341546464 501(c)(3)

BOWLING GREEN, OH

Total Revenue
$3,342,690
Total Expenses
$2,028,282
Total Assets
$46,810,770
Net Assets
$7,195,678
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OH
Principal Officer
STANLEY KORDUCKI
Phone
4193548930
Tax Period
2024-07-01 to 2025-06-30

WOOD COUNTY HOSPITAL FOUNDATION, founded in 1987, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 39% operating margin.

Mission

PROVIDE SUPPORT TO THE PROGRAMS AND ACTIVITIES OF WOOD COUNTY HOSPITAL, AND SURROUNDING COMMUNITY HEALTH NEEDS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $870,554
Program Service Revenue $0
Investment Income $2,454,907
Other Revenue $17,229
TOTAL REVENUE $3,342,690

Expense Breakdown

Grants Paid $1,657,760
Salaries & Benefits $213,304
Fundraising Expenses $59,375
Program Expenses $1,836,238
Other Expenses $157,218
TOTAL EXPENSES $2,028,282

Year-over-Year Comparison

2024 2023 Change
Revenue $3,342,690 $2,976,072 +0.1%
Expenses $2,028,282 $2,103,643 0.0%
Net Income $1,314,408 $872,429 +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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
$181,575
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY WEISS CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHELLE EVANS SECRETARY 1.00
Officer Director
$0 $0 $0
DIANE HUFFMAN TREASURER 1.00
Officer Director
$0 $0 $0
MARK DREWES VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KACEE FERRELL-SNYDER BOARD MEMBER 1.00
Director
$0 $0 $0
GAYLYN FINN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH GREER FRY BOARD MEMBER 1.00
Director
$0 $0 $0
TIM HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
ALISHA NENADOVICH BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE REMEIS BOARD MEMBER 1.00
Director
$0 $0 $0
BECCA FERGUSON BOARD MEMBER PARTIAL TERM 1.00
Director
$0 $0 $0
CRISTY WALTON EXECUTIVE DIRECTOR 24.00
Officer
$0 $23,785 $181,575
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 $3,342,690 $2,028,282 $46,810,770 $1,314,408
2024 No data No data No data No data
2023 $1,662,736 $781,858 $40,555,959 $880,878
2022 $1,191,268 $1,988,080 $37,909,839 $-796,812
2021 $1,008,002 $332,060 $43,339,119 $675,942
2020 $1,003,181 $5,284,832 $34,426,251 $-4,281,651
2019 $1,408,364 $1,310,422 $39,333,275 $97,942
2018 $1,940,089 $2,278,977 $38,747,898 $-338,888
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