MEMORIAL HOSPITAL FOUNDATION INC (EIN 351359445) - 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

1944

Legal Domicile

Principal Officer

KEITH MILLER

Phone

8129962345

Tax Period

2024-07-01 to 2024-09-30

MEMORIAL HOSPITAL FOUNDATION INC, founded in 1944, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $578K, a strong 30% operating margin.

Mission

OPERATES FOR THE BENEFIT OF MEMORIAL HOSPITAL AND HEALTH CARE CENTER

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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 $1,769,341

Program Service Revenue $0

Investment Income $127,273

Other Revenue $0

TOTAL REVENUE $1,896,614

Expense Breakdown

Grants Paid $1,237,469

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,289,969

Other Expenses $81,319

TOTAL EXPENSES $1,318,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,896,614	$1,041,643	+0.8%
Expenses	$1,318,788	$1,184,577	+0.1%
Net Income	$577,826	$-142,934	-5.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD HOFFMAN	TREASURER	1.00	Officer Director	$0	$0	$0
ABBY SCHMITT	SECRETARY	1.00	Officer Director	$0	$0	$0
SISTER RENEE CUNNINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL HULS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL KERN	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH LEONARD	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN MANN	BOARD MEMBER	1.00	Director	$0	$0	$0
DR KRISTI NORD	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY SIGLER	BOARD MEMBER	1.00	Director	$0	$0	$0
SONYA SEUFERT	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA WEISMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE WIGAND	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH MILLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEIDRA CHURCH	EXECUTIVE DIRECTOR	40.00	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
2024	$1,896,614	$1,318,788	$17,044,375	$577,826
2024	$1,041,643	$1,184,577	$15,109,092	$-142,934
2023	$2,224,754	$1,180,730	$13,860,520	$1,044,024
2022	$1,807,381	$1,624,004	$12,816,496	$183,377
2021	$2,173,179	$2,917,010	$12,633,119	$-743,831
2020	$2,452,088	$863,516	$13,376,950	$1,588,572
2019	$1,258,714	$1,496,815	$11,582,567	$-238,101
2018	$1,023,299	$1,146,335	$11,579,242	$-123,036

MEMORIAL HOSPITAL FOUNDATION INC