Froedtert Memorial Lutheran Hospital Inc (EIN 396105970) - Form 990 Financial Analysis & Trantor Score

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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

1980

Legal Domicile

Phone

4148053000

Tax Period

2024-07-01 to 2025-06-30

Froedtert Memorial Lutheran Hospital Inc, founded in 1980, is a large national nonprofit in the Health Care sector that reported $2.9B in total revenue in fiscal year 2024. Expenses of $2.7B left a modest 6% surplus.

Mission

TO ADVANCE THE HEALTH OF OUR COMMUNITIES THROUGH EXCELLENCE AND DISCOVERY, INSPIRING EACH PERSON TO LIVE THEIR UNIQUE, BEST LIFE.

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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 $11,524,196

Program Service Revenue $2,757,914,449

Investment Income $-121,195

Other Revenue $103,470,354

TOTAL REVENUE $2,872,787,804

Expense Breakdown

Grants Paid $304,600

Salaries & Benefits $598,265,342

Fundraising Expenses $0

Program Expenses $2,257,526,621

Other Expenses $2,096,028,059

TOTAL EXPENSES $2,694,598,001

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,872,787,804	$2,686,528,098	+0.1%
Expenses	$2,694,598,001	$2,464,244,933	+0.1%
Net Income	$178,189,803	$222,283,165	-0.2%

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

238

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

$3,867,246

Total Directors

$8,061,358

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anne Zizzo	Director & BOD Chair	1.0	Officer Director	$0	$0	$0
Austin Reeder	Director & President (eff Feb25)	1.0	Officer Director	$0	$0	$0
Frank Cumberbatch	Director & BOD V.Chair (eff 7/1/24)	1.0	Officer Director	$0	$0	$0
Ian Schwartz MD	Director & President (eff Jul24; term Feb25)	44.0	Officer Director	$0	$245,311	$2,253,191
Barbara Slawski MD	Director	1.0	Director	$0	$0	$0
Chris Her-Xiong	Director	1.0	Director	$0	$0	$0
Derek Mosley Judge	Director	1.0	Director	$0	$0	$0
Imran Andrabi MD	Director & FTCH President/CEO (eff 7/1/24)	1.0	Director	$0	$647,039	$5,238,377
Jennifer Lopez	Director	1.0	Director	$0	$0	$0
Kareeda Chones-Aguam	Director	1.0	Director	$0	$0	$0
Lisa Vanlerberghe	Director (eff 7/1/24)	1.0	Director	$0	$0	$0
Louis Butler Jr	Director	1.0	Director	$0	$0	$0
Mary Elizabeth Libby Schroeder	Director (eff 8/1/24)	1.0	Director	$0	$0	$0
Matthew Rinka	Director	1.0	Director	$0	$0	$0
Michele Bria	Director	1.0	Director	$0	$0	$0
Paula Schmidt	Director & VP Patient Care Svc/CNO	50.0	Director	$0	$87,345	$569,790
Rafael Acevedo Jr	Director	1.0	Director	$0	$0	$0
Sarah Feldner	Director (eff 7/1/24)	1.0	Director	$0	$0	$0
Stephen Brenton	Director	1.0	Director	$0	$0	$0
Tito Izard MD	Director	1.0	Director	$0	$0	$0
Jenna Walker	BOD Secretary (eff 11/21/24)	1.0	Officer	$0	$59,705	$530,974
Linda McPike	BOD Secretary (term 9/6/24)	1.0	Officer	$0	$25,020	$479,776
Matthew Partridge	Treasurer (eff 7/1/24)	1.0	Officer	$0	$88,250	$603,305
Adam Smith	Former - Officer (Treas)	0.0		$0	$76,811	$562,073
Allen Ericson	Former - Officer (President)	0.0		$0	$180,192	$1,294,408
Eric Conley	Former - Officer (President)	0.0		$0	$89,968	$402,744

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	$2,872,787,804	$2,694,598,001	$1,517,493,653	$178,189,803
2024	$2,686,528,098	$2,464,244,933	$1,365,033,965	$222,283,165
2023	$2,481,549,002	$2,387,419,901	$1,304,431,927	$94,129,101
2022	$2,334,062,736	$2,200,937,161	$1,225,759,728	$133,125,575
2021	$2,165,393,007	$1,979,201,294	$1,239,325,411	$186,191,713
2020	$1,958,737,595	$1,815,153,838	$1,236,552,714	$143,583,757
2019	$1,860,321,502	$1,747,742,246	$1,103,690,270	$112,579,256
2018	$1,727,566,274	$1,589,508,464	$1,014,178,461	$138,057,810

Froedtert Memorial Lutheran Hospital Inc