FAIRBANKS HOSPITAL INC (EIN 350811197) - 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

1946

Legal Domicile

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

NONPROFIT ORGANIZATION FOCUSED ON RECOVERY FROM ALCOHOL AND OTHER DRUG PROBLEMS.

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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 $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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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

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

$788,435

Total Directors

$3,107,434

Key Employees

Highest Compensated

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

FAIRBANKS HOSPITAL INC