FAIRBANKS HOSPITAL INC

EIN: 350811197 501(c)(3) Mental Health

INDIANAPOLIS, IN

Total Revenue
$23,830,471
Total Expenses
$26,763,013
Total Assets
$21,659,884
Net Assets
$21,549,451
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
IN
Principal Officer
JASON FAHRLANDER
Phone
3178498222
Tax Period
2024-01-01 to 2024-12-31

FAIRBANKS HOSPITAL INC, founded in 1946, is a mid-sized nonprofit in the Mental Health sector that reported $23.8M in total revenue in fiscal year 2024. Expenses of $26.8M exceeded revenue, resulting in a 12% operating deficit.

Mission

FAIRBANKS IS A NONPROFIT ORGANIZATION FOCUSED ON RECOVERY FROM ALCOHOL AND OTHER DRUG PROBLEMS, SERVING AS A RESOURCE TO IMPROVE THE WELL-BEING OF INDIVIDUALS, FAMILIES AND COMMUNITIES BY OFFERING HOPE AND SUPPORT THROUGH ITS PROGRAMS AND SERVICES.

Program Service Accomplishments

Program 1
Expenses: $5,391,014 Revenue: $9,628,873

ADULT INPATIENT SERVICES CONSISTING OF DETOXIFICATION AND REHABILIATION SERVICES. THE DETOXIFICATION PHASE IS A MEDICALLY MANAGED LEVEL OF CARE WHERE THE EXTENT OF THE PATIENT'S ADDICTION IS...

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ADULT INPATIENT SERVICES CONSISTING OF DETOXIFICATION AND REHABILIATION SERVICES. THE DETOXIFICATION PHASE IS A MEDICALLY MANAGED LEVEL OF CARE WHERE THE EXTENT OF THE PATIENT'S ADDICTION IS DETERMINED AND THE PHYSICAL AND PSYCHOLOGICAL IMPACT OF THAT ADDICTION IS ASSESSED AND THE APPROPRIATE TREATMENT COURSE IS INITIATED. FOR THE CURRENT YEAR, FAIRBANKS HOSPITAL HAD 7,815 ADULT DETOX PATIENT DAYS.THE REHABILITATION PHASE OCCURS WHEN FURTHER INPATIENT STABILIZATION/TREATMENT IS NEEDED AND REQUIRED CONTINUED MEDICAL SUPERVISION. THE TREATMENT PROCESS IS MULTI-DISCIPLINARY AND GROUP ORIENTED. FOR THE CURRENT YEAR, THE HOSPITAL HAD 254 ADULT REHAB PATIENT DAYS.

Program 2
Expenses: $1,663,092 Revenue: $5,017,943

THE ADULT RESIDENTIAL PROGRAM IS FOR THE PATIENT WHO REQUIRES A RESTRICTIVE ENVIRONMENT TO ABSTAIN FROM USING BUT WHO IS MEDICALLY STABLE. THE PATIENT PARTICIPATES IN NO LESS THAN FOUR HOURS OF...

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THE ADULT RESIDENTIAL PROGRAM IS FOR THE PATIENT WHO REQUIRES A RESTRICTIVE ENVIRONMENT TO ABSTAIN FROM USING BUT WHO IS MEDICALLY STABLE. THE PATIENT PARTICIPATES IN NO LESS THAN FOUR HOURS OF THERAPY DAILY AND NURSING CARE IS PROVIDED, IF NEEDED. FOR THE CURRENT YEAR, THE HOSPITAL HAD 10,091 ADULT RESIDENTIAL PATIENT DAYS.

Program 3
Expenses: $1,384,774 Revenue: $4,538,275

ADULT OUTPATIENT SERVICES PROGRAM CONSISTING OF PARTIAL HOSPITALIZATION (PHP) AND INTENSIVE OUTPATIENT PROGRAM (IOP). THE PHP PROGRAM IS SIX TO SEVEN HOURS PER DAY MONDAY THROUGH FRIDAY AND IS A...

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ADULT OUTPATIENT SERVICES PROGRAM CONSISTING OF PARTIAL HOSPITALIZATION (PHP) AND INTENSIVE OUTPATIENT PROGRAM (IOP). THE PHP PROGRAM IS SIX TO SEVEN HOURS PER DAY MONDAY THROUGH FRIDAY AND IS A MULTI-DISCIPLINARY AND GROUP ORIENTED TREATMENT PROGRAM. THE PROGRAM CONTAINS EVALUATION AND EDUCATION. IT ALLOWS THE PATIENT TO EXPERIENCE LIFE ON THE "OUTSIDE" WHILE BEING INVOLVED IN A VERY INTENSE LEVEL OF TREATMENT. FOR THE CURRENT YEAR, THE HOSPITAL HAD 2,598 PHP VISITS.IOP IS AVAILABLE TO THOSE WHOSE ADDICTION IS NOT SO SEVERE AS TO REQUIRE INPATIENT OR PHP SERVICES. THE PATIENTS MUST DEMONSTRATE THE ABILITY TO REMAIN DRUG-FREE DURING THE ENTIRE TREATMENT COURSE AND INDICATE A WILLINGNESS TO BECOME INVOLVED IN A 12-STEP PROGRAM. IOP PATIENTS GENERALLY MEET FOR THREE HOURS, THREE TIMES PER WEEK. IOP OFFERS EDUCATION AND GROUP THERAPY. FOR THE CURRENT YEAR, THE HOSPITAL HAD 11,241 VISITS.LEVEL 1 OUTPATIENT - IN ALIGNMENT WITH THE AMERICAN SOCIETY FOR ADDICTION MEDICINE (ASAM), FAIRBANKS CONSIDERS PATIENTS WHOSE SEVERITY OF SUBSTANCE USE IS MILD AND CAUSES MINIMAL INTERRUPTION IN THEIR FUNCTIONING AS BEING BEST SUITED FOR LEVEL 1 OP SERVICES. THESE INDIVIDUALS MAY PRESENT WITH MILD, CO-OCCURRING SUBSTANCE ABUSE AND MENTAL HEALTH AND/OR PHYSICAL HEALTH CONDITIONS. THEY MAY ALREADY BE RECEIVING SERVICES FOR THESE OTHER CO-OCCURING CONDITIONS, BUT NEED MORE EDUCATION, SUPPORT AND TREATMENT FOR ISSUES RELATED TO THEIR SUBSTANCE USE. ADDITIONALLY, LEVEL 1 MAY BE APPROPRIATE FOR INDIVIDUALS WHO ARE NOT INTERESTED IN RECOVERY, BUT ARE MANDATED INTO TREATMENT. THEY MAY OR MAY NOT HAVE COMPLETED AN EDUCATION COURSE, BUT APPEAR TO NEED MORE THAN JUST EDUCATION AS INDICATED BY THEIR USE OR SERVICE HISTORY. INDIVIDUALS WHO NEED MORE THAN JUST EDUCATION TO ENHANCE THEIR MOTIVATION OR TO CREATE AMBIVALENCE MAY ALSO BENEFIT FROM THIS LEVEL OF CARE. AT THE SAME TIME, INDIVIDUALS WHO ARE IN EARLY RECOVERY AND VIEW TREATMENT AS POTENTIALLY HELPFUL AND ARE ENTERING TREATMENT FOR THE FIRST TIME WILL BENEFIT FROM LEVEL 1. PATIENTS IN THIS LEVEL OF CARE MAY BE RECEIVING MEDICATION ASSISTED TREATMENT (MAT) SERVICES AND/OR OTHER THERAPIES DUE TO THEIR SUBSTANCE USE INCLUDING PATIENTS WHO NEED A STEP DOWN FROM IOP WHOM THE TREATMENT TEAM FINDS HAVE CONTINUED THERAPEUTIC NEEDS BEYOND THE SUPPORT OF AN AFTERCARE PROGRAM. FOR THE CURRENT YEAR, THE HOSPITAL HAD 2,589 ADULT LEVEL 1 VISITS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $921,611
Program Service Revenue $22,743,433
Investment Income $0
Other Revenue $165,427
TOTAL REVENUE $23,830,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,551,378
Fundraising Expenses $0
Program Expenses $17,417,630
Other Expenses $10,211,635
TOTAL EXPENSES $26,763,013

Year-over-Year Comparison

2024 2023 Change
Revenue $23,830,471 $23,219,944 +0.0%
Expenses $26,763,013 $23,262,557 +0.2%
Net Income $-2,932,542 $-42,613 +67.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
11
Employees
264
Volunteers
173

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
$788,435
Total Directors
14
$3,107,434
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON FAHRLANDER DIRECTOR 1.00
Director
$0 $564,695 $1,869,312
GEOFFREY FORTNER MD DIRECTOR 5.00
Director
$0 $137,504 $702,104
DAWN MOORE DIRECTOR 1.00
Director
$0 $119,882 $536,018
JASON LANDIS VP-FINANCE 5.00
Officer
$0 $95,885 $447,394
ANDREW SONDERMAN MD PHYSICIAN 40.00
Highest
$383,227 $40,162 $423,389
JACOB MULINIX MD PHYSICIAN 40.00
Highest
$368,675 $30,302 $398,977
CATHY BOGGS EXECUTIVE DIRECTOR AND ADMINISTRATOR 40.00
Officer
$264,776 $76,265 $341,041
DENNIS RHYNE MD PSYCHIATRIST 40.00
Highest
$257,457 $36,859 $294,316
PEGGY MCCORMICK PATIENT CARE COORDINATOR 40.00
Highest
$210,731 $27,717 $238,448
GRETCHEN JOHNSON MD PHYSICIAN 40.00
Highest
$193,302 $42,644 $235,946
PAMELA ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
NORA BAMMANN DIRECTOR 1.00
Director
$0 $0 $0
BILLIE FOUTS VICE CHAIR 1.00
Officer Director
$0 $0 $0
GREG FULK DIRECTOR 1.00
Director
$0 $0 $0
SWATI GUNALE SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID HERZOG CHAIR 1.00
Officer Director
$0 $0 $0
DAVID MOORE MD DIRECTOR 1.00
Director
$0 $0 $0
KYLE MORRIS DIRECTOR 1.00
Director
$0 $0 $0
DIANA MUTZ DIRECTOR 1.00
Director
$0 $0 $0
KATHY OSBORN DIRECTOR 1.00
Director
$0 $0 $0
STEVEN STOLEN DIRECTOR 1.00
Director
$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
2024 $23,830,471 $26,763,013 $21,659,884 $-2,932,542
2023 $23,219,944 $23,262,557 $21,957,950 $-42,613
2022 $22,129,046 $24,134,979 $19,910,240 $-2,005,933
2021 $20,333,233 $24,784,534 $19,560,027 $-4,451,301
2020 $16,442,158 $23,153,616 $20,998,245 $-6,711,458
2019 $23,250,934 $26,161,049 $25,241,548 $-2,910,115
2018 $24,923,097 $24,512,228 $27,619,664 $410,869
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