Sacred Heart Hospital of Hospital … - Form 990 Financial Data

🔒

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

1890

Legal Domicile

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 mid-sized nonprofit in the Health Care sector that reported $20.0M in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17.6M, a strong 88% operating margin.

Mission

TO CONTINUE CHRIST'S HEALING LOVE THROUGH DELIVERY OF COMPETENT & COMPASSIONATE HEALTHCARE IN AN ENVIRONMENT SENSITIVE TO THE NEEDS OF ALL PEOPLE. THE HOSPITAL IS COMMITTED TO PROVIDING A BROAD RANGE OF QUALITY INPATIENT AND OUTPATIENT SERVICES WITHOUT REGARD TO THE INDIVIDUAL'S RACE, CREED, HANDICAPS, OR FINANCIAL STATUS.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

SACRED HEART HOSPITAL CLOSED AND ENDED OPERATIONS ON APRIL 21, 2024.

🔒

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 (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

🔒

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

N/A

Employees

776

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

$2,169,412

Total Directors

$607,307

Key Employees

Highest Compensated

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

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