Gibson Area Hospital Foundation (EIN 364311943) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Eric Tjarks

Phone

2177844251

Tax Period

2023-10-01 to 2024-09-30

Gibson Area Hospital Foundation, founded in 1999, is a small nonprofit in the Health Care sector that reported $725K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $452K, a strong 62% operating margin.

Mission

Organize/implement awareness/fundraising activities to further the mission of Gibson Area Hospital and support healthcare in surrounding communities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $490,875

Program Service Revenue $0

Investment Income $296,734

Other Revenue $-62,985

TOTAL REVENUE $724,624

Expense Breakdown

Grants Paid $29,415

Salaries & Benefits $105,659

Fundraising Expenses $0

Program Expenses $229,049

Other Expenses $137,798

TOTAL EXPENSES $272,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$724,624	$2,275,260	-0.7%
Expenses	$272,872	$268,727	+0.0%
Net Income	$451,752	$2,006,533	-0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,037,495

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eric Tjarks	Chairperson	1.00	Officer Director	$0	$0	$0
Robert Richardson	First Vice Chair	1.00	Officer Director	$0	$0	$0
Jeremy Darnell	Second Vice Chair	1.00	Officer Director	$0	$0	$0
Carissa Chandler	Treasurer	1.00	Officer Director	$0	$0	$0
Brenda Timm	Secretary	1.00	Officer Director	$0	$0	$0
Jeff Austman	Director	1.00	Director	$0	$0	$0
Rick Bowen	Director	1.00	Director	$0	$0	$0
Laurelyn Cropek	Director	1.00	Director	$0	$0	$0
Ellen Hankes	Director	1.00	Director	$0	$0	$0
Omar Geada	Director	40.00	Director	$0	$23,805	$457,769
Fred Kroner	Director	1.00	Director	$0	$0	$0
Brad Cosgrove	Director	1.00	Director	$0	$0	$0
Tammi Fanson	Director	1.00	Director	$0	$0	$0
Greg Kurtenbach	Director	1.00	Director	$0	$0	$0
Patricia Wilson	Director	1.00	Director	$0	$0	$0
Theresa Rueck	Director	1.00	Director	$0	$0	$0
Rob Schmitt	Director & Hospital CEO	40.00	Director	$0	$45,480	$579,726
Cherie Magenheimer-Bobb	Director	1.00	Director	$0	$0	$0
Marty Nuss	Director & Hospital Presid	1.00	Director	$0	$0	$0
Janelle Hoffman	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	$724,624	$272,872	$13,195,314	$451,752
2023	$2,275,260	$268,727	$10,766,299	$2,006,533
2022	$624,372	$178,723	$9,133,171	$445,649
2021	$1,145,485	$221,285	$11,278,940	$924,200
2020	$758,308	$235,272	$10,780,452	$523,036
2019	$1,534,944	$331,853	$10,209,579	$1,203,091
2018	$996,006	$242,316	$9,540,784	$753,690

Gibson Area Hospital Foundation