WABASH GENERAL HOSPITAL FOUNDATION (EIN 371071901) - 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

1979

Legal Domicile

Principal Officer

KARISSA TURNER

Phone

6182628621

Tax Period

2023-01-01 to 2023-12-31

WABASH GENERAL HOSPITAL FOUNDATION, founded in 1979, is a small nonprofit in the Health Care sector that reported $861K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $351K, a strong 41% operating margin.

Mission

HOSPITAL SERVICE FOUNDATION TO PROVIDE NECESSARY FUNDING FOR MAJOR EQUIPMENT PURCHASES FOR WABASH GENERAL HOSPITAL AND SCHOLARHIP FUNDING IN HEALTHCARE REALTED FIELDS.

🔒

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 $526,804

Program Service Revenue $0

Investment Income $332,404

Other Revenue $2,202

TOTAL REVENUE $861,410

Expense Breakdown

Grants Paid $454,329

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $509,912

Other Expenses $55,583

TOTAL EXPENSES $509,912

Year-over-Year Comparison

	2023	2022	Change
Revenue	$861,410	$625,216	+0.4%
Expenses	$509,912	$434,738	+0.2%
Net Income	$351,498	$190,478	+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

N/A

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
ROBERT COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
DOROTHY DERSCH	DIRECTOR	1.00	Director	$0	$0	$0
DAN SCHONERT	DIRECTOR	1.00	Director	$0	$0	$0
KATE ACKERMAN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BURTON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY BLUM	DIRECTOR	1.00	Director	$0	$0	$0
DAVIS MESSMAN	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON HODGSON	SECRETARY/TREASURER	1.00	Officer	$0	$0	$0
REESE METCALF	CHAIR	1.00	Officer	$0	$0	$0
TYSON MEADOR	VICE CHAIR	1.00	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	No data	No data	No data	No data
2023	$861,410	$509,912	$8,692,987	$351,498
2022	$625,216	$434,738	$7,663,541	$190,478
2021	$875,422	$933,027	$9,268,192	$-57,605
2020	$793,241	$132,778	$8,479,102	$660,463
2019	$732,037	$434,276	$7,241,135	$297,761
2018	$734,534	$630,946	$6,121,832	$103,588

WABASH GENERAL HOSPITAL FOUNDATION