MCKENZIE MEMORIAL HOSPITAL MCKENZIE HEALTH SYSTEM (EIN 381738615) - 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

1961

Legal Domicile

Principal Officer

STEVE BARNETT

Phone

8106486162

Tax Period

2023-10-01 to 2024-09-30

MCKENZIE MEMORIAL HOSPITAL MCKENZIE HEALTH SYSTEM, founded in 1961, is a mid-sized nonprofit in the Health Care sector that reported $32.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $31.2M left a modest 5% surplus.

Mission

FOUNDED AS A COMMUNITY HOSPITAL MCKENZIE MEMORIAL HOSPITAL EXISTS TO PROVIDE EXCELLENT COMPASSIONATE AND ESSENTIAL HEALTHCARE

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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 $269,362

Program Service Revenue $32,320,961

Investment Income $291,434

Other Revenue $59,138

TOTAL REVENUE $32,940,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,098,506

Fundraising Expenses $28,066

Program Expenses $31,212,085

Other Expenses $12,113,579

TOTAL EXPENSES $31,212,085

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,940,895	$30,056,956	+0.1%
Expenses	$31,212,085	$30,049,066	+0.0%
Net Income	$1,728,810	$7,890	+218.1%

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

347

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

$620,064

Total Directors

$601,070

Key Employees

$656,270

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DREYER	VICE CHAIRPERSON	N/A	Director	$0	$0	$0
LARRY MITCHELL	CHAIRPERSON	N/A	Director	$0	$0	$0
STEVE BARNETT	CEOPRESIDENT	40.00	Officer Director	$237,550	$37,453	$275,003
JAMES SAMS	CHIEF OF STAFF	40.00	Director	$302,427	$23,640	$326,067
MATTHEW GORMLEY	PHYSICIAN	40.00	Highest	$257,664	$41,365	$299,029
AMY RUEDISUELI	CFO	40.00	Officer	$158,208	$6,278	$164,486
BILLI JO HENNIKA	COO	40.00	Officer	$149,006	$31,569	$180,575
GINA PATTERSON	DIRECTOR PHARMACY	40.00	Highest	$163,211	$29,745	$192,956
JAMES KOSIUR	PHYSICIAN	40.00	Highest	$433,111	$25,962	$459,073
MARK ENGLISH	PHYSICIAN	40.00	Highest	$261,417	$42,201	$303,618
BRANDON GUIBORD	SECRETARYTREASURER	N/A	Director	$0	$0	$0
JAY SMITH	DIAGNOSTIC DIRECTOR	40.00	Key Emp	$153,966	$31,770	$185,736
HELDA SOURESHO	PHYSICIAN	40.00	Highest	$259,926	$6,234	$266,160
TONYA KAUFMAN	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL LEWIS	NURSE PRACTITIONER	40.00	Key Emp	$159,672	$4,790	$164,462
JENNIFER LONG	PHYSICAL THERAPIST	40.00	Key Emp	$123,414	$32,186	$155,600
STEPHANIE HEBBERD	NURSE PRACTITIONER	40.00	Key Emp	$125,010	$25,462	$150,472

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	$32,940,895	$31,212,085	$22,911,877	$1,728,810
2023	$30,056,956	$30,049,066	$21,359,067	$7,890
2022	$28,863,545	$27,573,822	$21,405,743	$1,289,723
2021	$32,320,114	$26,214,072	$21,910,968	$6,106,042
2020	$26,554,853	$24,293,872	$21,776,055	$2,260,981
2019	$24,016,074	$23,265,565	$11,457,405	$750,509
2018	$22,215,600	$21,842,940	$10,088,606	$372,660

MCKENZIE MEMORIAL HOSPITAL MCKENZIE HEALTH SYSTEM