HANCOCK REGIONAL HOSPITAL FOUNDATION

EIN: 351543591 501(c)(3) Health Care

GREENFIELD, IN

Total Revenue
$2,633,894
Total Expenses
$1,655,982
Total Assets
$21,657,046
Net Assets
$21,267,270
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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
1982
Legal Domicile
IN
Principal Officer
KEVIN HARVEY
Phone
3174684583
Tax Period
2023-01-01 to 2023-12-31

HANCOCK REGIONAL HOSPITAL FOUNDATION, founded in 1982, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $978K, a strong 37% operating margin.

Mission

TO SUPPORT THE ADVANCEMENT OF HEALTHCARE AND WELLNESS IN THE COMMUNITIES WE SERVE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,453,815
Program Service Revenue $0
Investment Income $72,115
Other Revenue $107,964
TOTAL REVENUE $2,633,894

Expense Breakdown

Grants Paid $1,030,481
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,386,861
Other Expenses $625,501
TOTAL EXPENSES $1,655,982

Year-over-Year Comparison

2023 2022 Change
Revenue $2,633,894 $3,375,815 -0.2%
Expenses $1,655,982 $2,685,311 -0.4%
Net Income $977,912 $690,504 +0.4%
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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
90

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
$167,498
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN HARVEY CHAIR/OFFICER 2.00
Officer Director
$0 $0 $0
TONYA GALBRAITH VICE CHAIR/OFFICER 2.00
Officer Director
$0 $0 $0
MIKE GRAF TREASURER/OFFICER 2.00
Officer Director
$0 $0 $0
PEGGY CARSON SECRETARY/OFFICER 2.00
Officer Director
$0 $0 $0
DENISE ARLAND BOARD MEMBER 2.00
Director
$0 $0 $0
TOM BUTLER BOARD MEMBER 2.00
Director
$0 $0 $0
DEE CARMICHAEL BOARD MEMBER 2.00
Director
$0 $0 $0
TIM CLARK BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN DAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
DR MEG FITZSIMMONS BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT KLEINE BOARD MEMBER 2.00
Director
$0 $0 $0
FLORENCE MAY BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF MUEGGE BOARD MEMBER 2.00
Director
$0 $0 $0
RAY POHLAND BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID STILLINGER BOARD MEMBER 2.00
Director
$0 $0 $0
GUY TITUS BOARD MEMBER 2.00
Director
$0 $0 $0
JASON WHITE BOARD MEMBER 2.00
Director
$0 $0 $0
BOB WORTMAN BOARD MEMBER 2.00
Director
$0 $0 $0
NANCY DAVIS EXECUTIVE DIRECTOR 40.00
Officer
$0 $31,920 $167,498
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 No data No data No data No data
2023 $2,633,894 $1,655,982 $21,657,046 $977,912
2022 $3,375,815 $2,685,311 $18,507,737 $690,504
2021 $3,091,026 $951,342 $19,964,952 $2,139,684
2020 $2,037,784 $997,097 $15,446,439 $1,040,687
2019 $2,819,259 $1,096,286 $12,877,156 $1,722,973
2018 $2,148,569 $849,185 $9,443,707 $1,299,384
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