Sacred Heart Hospital of Hospital Sisters of Third Order of St Francis

EIN: 390807060 501(c)(3) Health Care

Springfield, IL

Total Revenue
$20,004,969
Total Expenses
$2,412,341
Total Assets
$41,138,982
Net Assets
$7,358,182
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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
1890
Legal Domicile
WI
Phone
7157176121
Tax Period
2024-07-01 to 2025-06-30

Sacred Heart Hospital of Hospital Sisters of Third Order of St Francis, founded in 1890, is a major nonprofit in the Health Care sector that reported $229.2M in total revenue in fiscal year 2017. The organization ran a surplus of $37.0M, a strong 16% operating margin.

Mission

TO REVEAL AND EMBODY CHRIST'S HEALING LOVE FOR ALL PEOPLE THROUGH OUR HIGH QUALITY FRANCISCAN HEALTHCARE MINISTRY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $904,692
Program Service Revenue $0
Investment Income $15,092,964
Other Revenue $4,007,313
TOTAL REVENUE $20,004,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,412,341
TOTAL EXPENSES $2,412,341

Year-over-Year Comparison

2024 2023 Change
Revenue $20,004,969 $133,922,709 -0.9%
Expenses $2,412,341 $299,357,014 -1.0%
Net Income $17,592,628 $-165,434,305 -1.1%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
776
Volunteers
7

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
4
$2,169,412
Total Directors
1
$607,307
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John L Wagner CEO/President 1.0
Officer Director
$0 $90,824 $607,307
Larry Gille Secretary 0.3
Officer
$0 $0 $0
Michael Scialdone Treasurer / HSHS SVP & CFO 0.3
Officer
$0 $132,635 $912,947
PATRICIA ALLEN CFO - CARE DELIVERY (until 4/30/25) 3.0
Officer
$0 $89,922 $649,158
Danielle Helmick MD Former Physician 0.0
$147,164 $13,955 $161,119
LANCE J LEVENDOWSKI Former Radiation Physics Director 0.0
$189,018 $8,097 $197,115
Lindsay Schroeder MD Former Physician 0.0
$152,067 $21,376 $173,443
TODD Smart Former Treasurer 0.0
$0 $15,590 $132,566
Travis Christman Former Chief Nursing Officer 0.0
$190,634 $346 $190,980
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 $20,004,969 $2,412,341 $41,138,982 $17,592,628
2024 $133,922,709 $299,357,014 $543,363,175 $-165,434,305
2023 $228,761,644 $244,515,097 $695,835,503 $-15,753,453
2022 $235,863,856 $245,388,172 $704,289,128 $-9,524,316
2021 $252,821,381 $229,300,706 $792,262,164 $23,520,675
2020 $216,047,186 $223,441,985 $726,987,964 $-7,394,799
2019 $219,547,181 $204,430,379 $707,962,949 $15,116,802
2018 $229,249,209 $192,215,905 $706,501,742 $37,033,304
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