MEMORIAL HOSPITAL OF BOSCOBEL FOUN… - Form 990 Financial Data

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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

1990

Legal Domicile

Phone

6083756300

Tax Period

2024-10-01 to 2025-09-30

MEMORIAL HOSPITAL OF BOSCOBEL FOUNDATION INC, founded in 1990, is a small nonprofit in the Health Care sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 79% operating margin.

Mission

BOSCOBEL AREA HOSPITAL AND CLINICS FOUNDATION EXISTS TO INSPIRE DONOR SUPPORT FOR GUNDERSEN BOSCOBEL AREA HOSPITAL AND CLINICS AND ENSURE GIFTS ARE USED EFFECTIVELY AND RESPONSIBLY TO IMPROVE THE HEALTH OF THE PEOPLE AND THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $36,610 Revenue: $0

THE FOUNDATION SUPPORTS THE PROMOTION, DEVELOPMENT, AND IMPROVEMENT OF THE QUALITY AND DELIVERY OF HEALTH PRESERVATION AND HEALTH CARE SERVICES OF MEMORIAL HOSPITAL OF BOSCOBEL DBA GUNDERSEN BOSCOBEL AREA HOSPITAL AND CLINICS (WHICH PROVIDES SERVICES TO PATIENTS THROUGH A CRITICAL ACCESS HOSPITAL AND SEVERAL CLINICS), AND THE MAKING OF DISTRIBUTIONS TO OR FOR THE BENEFIT OF THE HOSPITAL THROUGH THE RAISING OF FUNDS BY MEANS OF SOLICITING AND ACCEPTING GIFTS, GRANTS, AND CONTRIBUTIONS.

Program 2

Expenses: $800 Revenue: $0

DURING THE PERIOD OCTOBER 1, 2024 THROUGH SEPTEMBER 30, 2025, $800 IN SCHOLARSHIPS WAS GRANTED TO 2 STUDENTS PURSUING NURSING- RELATED DEGREE PROGRAMS THROUGH THE SLAMAN FAMILY MEMORIAL SCHOLARSHIP.

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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 $103,709

Program Service Revenue $0

Investment Income $117,395

Other Revenue $19,031

TOTAL REVENUE $240,135

Expense Breakdown

Grants Paid $37,410

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,410

Other Expenses $13,590

TOTAL EXPENSES $51,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,135	$140,815	+0.7%
Expenses	$51,000	$273,068	-0.8%
Net Income	$189,135	$-132,253	-2.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brennen Clark	Secretary/Treasurer	0.3	Officer Director	$0	$0	$0
Jerry Berge	President	0.3	Officer Director	$0	$0	$0
Karen Wacker	Vice President	0.3	Officer Director	$0	$0	$0
Allison Klug	Director	0.3	Director	$0	$0	$0
Chuck Schwab	Director	0.3	Director	$0	$0	$0
Dan Swenson	Director	0.3	Director	$0	$0	$0
Danelle Schmid	Director	0.3	Director	$0	$0	$0
De Anne Chappell	Director	0.3	Director	$0	$0	$0
Dick Beinborn	Director	0.3	Director	$0	$0	$0
Doug Knoble	Director	0.3	Director	$0	$0	$0
GLENN GRISWOLD	DIRECTOR (END 5/25)	0.3	Director	$0	$0	$0
Natalie Tollefson	Foundation Director / Business Operations Manager	12.0	Director	$0	$0	$0
Pete Esser	Director	0.3	Director	$0	$0	$0
Sally Waltz	Director	0.3	Director	$0	$0	$0
Theresa Braudt	Director / Administrator	0.3	Director	$0	$0	$0

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	$240,135	$51,000	$855,947	$189,135
2024	$140,815	$273,068	$716,029	$-132,253
2023	$34,774	$36,998	$752,833	$-2,224
2022	$112,701	$191,865	$726,541	$-79,164
2021	$127,860	$13,314	$912,401	$114,546
2020	$137,746	$21,109	$771,014	$116,637
2019	$84,809	$169,193	$589,996	$-84,384
2018	$226,717	$45,327	$632,823	$181,390

MEMORIAL HOSPITAL OF BOSCOBEL FOUNDATION INC