OWOSSO, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEMORIAL HEALTHCARE FOUNDATION, founded in 1991, is a small nonprofit in the Education sector that reported $864K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $479K, a strong 55% operating margin.
THROUGH FUND AND DEVELOPMENT, WE SERVE OUR COMMUNITY BY ASSISTING MEMORIAL HEALTHCARE ACHIEVE ITS MISSION TO PROMOTE HEALTH AND PROVED QUALITY COMPASSIONATE HEALTHCARE IN THE SHIAWASSEE REGION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $863,619 | $1,215,417 | -0.3% |
| Expenses | $384,850 | $639,968 | -0.4% |
| Net Income | $478,769 | $575,449 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRIAN LONG | CEO MEMORIAL HEALTHCARE | 2.00 |
Officer
Director
|
$0 | $32,620 | $918,081 |
| ANTHONY A PATSY DO | MEMBER | 1.00 |
Director
|
$0 | $32,726 | $382,231 |
| MICHAEL ASH | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LISA HOOD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STAVROULA A ERFOURTH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN MARIE BENTLEY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS COOK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA ASH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN E EMERSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN MONTES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN SPRINGSDORF | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACKLYN HURD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES THOMPSON | MEMBER | 1.00 |
Director
|
$0 | $12,422 | $155,093 |
| LYNETTE FREEMAN | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$0 | $1,933 | $65,344 |
| BRIGITTE GURDEN | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $28,657 | $117,636 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $863,619 | $384,850 | $10,429,892 | $478,769 |
| 2023 | $1,215,417 | $639,968 | $10,072,223 | $575,449 |
| 2022 | $1,240,317 | $690,801 | $9,417,224 | $549,516 |
| 2021 | $1,140,888 | $704,999 | $10,603,639 | $435,889 |
| 2020 | $895,703 | $304,147 | $9,850,766 | $591,556 |
| 2019 | $880,668 | $464,865 | $9,062,305 | $415,803 |
| 2018 | $1,060,685 | $358,890 | $7,603,761 | $701,795 |
Compare MEMORIAL HEALTHCARE FOUNDATION with other nonprofits in Michigan and across the country.