Froedtert Hospital Foundation Inc

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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

1991

Legal Domicile

Phone

4147770929

Tax Period

2024-07-01 to 2025-06-30

Froedtert Hospital Foundation Inc, founded in 1991, is a community nonprofit in the Health Care sector that reported $6.5M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.2M, a strong 49% operating margin.

Mission

To advance the health of our communities through excellence and discovery, inspiring each person to live their unique, best life.

Program Service Accomplishments

Program 1

Expenses: $2,487,238

THE FROEDTERT HOSPITAL FOUNDATION, INC. RAISES REVENUE TO SUPPORT VARIOUS HEALTH CARE RELATED SERVICES AND ACTIVITIES OF FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC., SUCH AS HOSPITAL OPERATIONS...

THE FROEDTERT HOSPITAL FOUNDATION, INC. RAISES REVENUE TO SUPPORT VARIOUS HEALTH CARE RELATED SERVICES AND ACTIVITIES OF FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC., SUCH AS HOSPITAL OPERATIONS, RESEARCH AND EDUCATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,205,487

Program Service Revenue $0

Investment Income $1,291,759

Other Revenue $-29,026

TOTAL REVENUE $6,468,220

Expense Breakdown

Grants Paid $2,487,238

Salaries & Benefits $0

Fundraising Expenses $445,853

Program Expenses $2,487,238

Other Expenses $813,937

TOTAL EXPENSES $3,301,175

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,468,220	$4,177,132	+0.5%
Expenses	$3,301,175	$2,292,062	+0.4%
Net Income	$3,167,045	$1,885,070	+0.7%

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

N/A

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

$253,416

Total Directors

$7,744,984

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janine Geske	Director & BOD Chair (eff 7/1/24)	1.0	Officer Director	$0	$0	$0
Jim Zaiser	Director & BOD Secr (eff 8/8/24)	1.0	Officer Director	$0	$0	$0
Lorelee Hood	Director & Executive Director (eff 7/1/24)	1.0	Officer Director	$0	$0	$0
Michael Stadler MD	Director & BOD V.Chair (eff 11/12/24)	1.0	Officer Director	$0	$0	$0
Nooriya Farheen	Director & Treasurer (eff 7/1/24)	1.0	Officer Director	$0	$43,299	$253,416
Anne Zizzo	Director	1.0	Director	$0	$0	$0
Austin Reeder	Director & President (eff 2/10/25)	1.0	Director	$0	$0	$0
Bryce Gartland MD	Director (eff 2/11/25)	1.0	Director	$0	$0	$0
Chris Hermann	Director (eff 7/1/24)	1.0	Director	$0	$0	$0
Edward 'Teddy' Werner	Director	1.0	Director	$0	$0	$0
Ian Schwartz MD	Director & Interim President (eff 7/1/24; term 2/27/25)	1.0	Director	$0	$245,311	$2,253,191
Imran Andrabi MD	Director & FTCH President/CEO (eff 7/1/24; term 2/11/25)	1.0	Director	$0	$647,039	$5,238,377
Jan Lennon	Director	1.0	Director	$0	$0	$0
Katina Shaw	Director (eff 7/1/24)	1.0	Director	$0	$0	$0
Lynn Sprangers	Director (eff 8/22/24)	1.0	Director	$0	$0	$0
Michael Thometz	Director	1.0	Director	$0	$0	$0
William C Coleman	Director	1.0	Director	$0	$0	$0
Adam Smith	Former - Officer (Treas)	0.0		$0	$76,811	$562,073

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	$6,468,220	$3,301,175	$39,861,396	$3,167,045
2024	$4,177,132	$2,292,062	$34,350,056	$1,885,070
2023	$4,511,703	$1,892,373	$30,676,221	$2,619,330
2022	$4,986,311	$2,808,512	$26,601,873	$2,177,799
2021	$2,415,050	$1,373,140	$27,842,076	$1,041,910
2020	$2,377,412	$2,571,766	$25,007,024	$-194,354
2019	$2,918,900	$2,457,488	$26,290,112	$461,412
2018	$2,525,086	$3,043,461	$25,835,616	$-518,375