MERCYHEALTH DEVELOPMENT FOUNDATION INC (EIN 363197918) - 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

1982

Legal Domicile

Principal Officer

JAVON BEA

Phone

8159715000

Tax Period

2023-07-01 to 2024-06-30

MERCYHEALTH DEVELOPMENT FOUNDATION INC, founded in 1982, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $8.9M in total revenue in fiscal year 2023. Revenue surged 311% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.8M, a strong 77% operating margin.

Mission

THE MISSION OF MERCYHEALTH DEVELOPMENT FOUNDATION, INC. IS "EXCEPTIONAL HEALTH CARE SERVICES WITH A PASSION FOR MAKING LIVES BETTER". WITH A VISION OF QUALITY - EXCELLENCE IN PATIENT CARE, SERVICE - EXCEPTIONAL PATIENT AND CUSTOMER CARE, PARTNERING - BEST PLACE TO WORK AND - COST-EFFECTIVE CARE AND A COMMITMENT TO THE VALUES OF HEALING IN THE BROADEST SENSE, PATIENTS COME FIRST, TREAT EACH OTHER LIKE FAMILY AND ALWAYS SEEK EXCELLENCE. THE MERCYHEALTH DEVELOPMENT FOUNDATION, INC. ASSISTS IN THIS MISSION BY USING ITS RESOURCES TO SUPPORT ALL AFFILIATED ENTITIES TO HELP THEM FULFILL THEIR COMMITMENT TO THIS MISSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,523,344

Program Service Revenue $0

Investment Income $7,466,291

Other Revenue $-73,569

TOTAL REVENUE $8,916,066

Expense Breakdown

Grants Paid $1,648,055

Salaries & Benefits $175,532

Fundraising Expenses $154,584

Program Expenses $1,770,875

Other Expenses $255,792

TOTAL EXPENSES $2,079,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,916,066	$2,169,295	+3.1%
Expenses	$2,079,379	$1,359,979	+0.5%
Net Income	$6,836,687	$809,316	+7.4%

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

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

$24,341,518

Total Directors

$23,272,351

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD ANDERSON	VP/CFO (TERM 01/2025)	1.00	Officer	$0	$87,531	$978,066
MARK L GOELZER MD	DIRECTOR/PHYSICIAN	1.00	Director	$0	$33,521	$514,572
KIMBERLY SCACCIA	VP-REVENUE CYCLE	1.00	Officer	$0	$60,588	$605,673
JAVON R BEA	PRESIDENT/CEO (SEE PAGES 41-46)	1.00	Officer Director	$0	$6,756,093	$22,757,779
PATRICK O'KEEFE	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
CANDY THOMPSON	DIRECTOR	2.00	Director	$0	$0	$0
DEB FORTUNE	DIRECTOR	3.00	Director	$0	$0	$0
DR MARYANNE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC THORNBURG	DIRECTOR	1.00	Director	$0	$0	$0
KATHY WEBER	DIRECTOR	1.00	Director	$0	$0	$0
MARC BARBEAU	DIRECTOR	1.00	Director	$0	$0	$0
MITCHELL SHELEY	DIRECTOR	1.00	Director	$0	$0	$0
ASHLIE MYERS	DIRECTOR	1.00	Director	$0	$0	$0
JIM WOLFE	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
2025	No data	No data	No data	No data
2024	$8,916,066	$2,079,379	$50,745,703	$6,836,687
2023	$2,169,295	$1,359,979	$43,337,005	$809,316
2022	$2,113,503	$1,182,422	$40,047,311	$931,081
2021	$1,902,270	$765,697	$46,926,350	$1,136,573

MERCYHEALTH DEVELOPMENT FOUNDATION INC