OLIVIA HOSPITAL & CLINIC FOUNDATION

EIN: 411839619 501(c)(3) Philanthropy & Grantmaking

BLOOMINGTON, MN

Total Revenue
$224,257
Total Expenses
$266,739
Total Assets
$2,640,879
Net Assets
$2,560,139
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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
1997
Legal Domicile
MN
Principal Officer
NATHAN PULSCHER
Phone
9529935603
Tax Period
2023-01-01 to 2023-12-31

OLIVIA HOSPITAL & CLINIC FOUNDATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $224K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $267K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO SUPPORT HEALTHPARTNERS RC-OLIVIA HOSPITAL & CLINIC IN DELIVERING ACCESSIBLE AND QUALITY HEALTH CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $169,746
Program Service Revenue $0
Investment Income $56,627
Other Revenue $-2,116
TOTAL REVENUE $224,257

Expense Breakdown

Grants Paid $244,762
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,276
Other Expenses $21,977
TOTAL EXPENSES $266,739

Year-over-Year Comparison

2023 2022 Change
Revenue $224,257 $486,700 -0.5%
Expenses $266,739 $169,007 +0.6%
Net Income $-42,482 $317,693 -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
10
Independent Members
8
Employees
N/A
Volunteers
8

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
6
$1,004,559
Total Directors
11
$1,142,139
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECCA THIESSE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER MACIK DIRECTOR & CHAIR 1.00
Officer Director
$0 $44,012 $236,524
SARA BENSON DIRECTOR & TREASURER 1.00
Officer Director
$0 $0 $0
SHANE WOHLMAN DIRECTOR 1.00
Director
$0 $0 $0
AMY HOLLAN DIRECTOR 1.00
Director
$0 $0 $0
JAN SIMONSEN DIRECTOR 1.00
Director
$0 $0 $0
BARBARA MELBERG DIRECTOR 1.00
Director
$0 $0 $0
AMY DEWANE DIRECTOR 1.00
Director
$0 $67,579 $525,628
HEATHER JESERITZ DIRECTOR & SECRETARY 1.00
Officer Director
$0 $0 $0
NATHAN PULSCHER DIRECTOR & PRESIDENT 1.00
Officer Director
$0 $66,188 $379,987
TOM KROES DIRECTOR 1.00
Director
$0 $0 $0
NANCY A ANDERSON CFO 1.00
Officer
$0 $44,981 $254,620
JACKIE EDWARDS DIRECTOR & COMM RELATIONS 1.00
Officer
$0 $35,591 $133,428
NATHAN BLAD FORMER PRESIDENT 1.00
$0 $51,046 $353,202
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
2024 No data No data No data No data
2023 $224,257 $266,739 $2,640,879 $-42,482
2022 $486,700 $169,007 $2,474,261 $317,693
2021 $141,744 $430,704 $2,519,852 $-288,960
2020 $172,108 $198,657 $2,656,863 $-26,549
2020 $172,108 $198,657 $2,656,860 $-26,549
2019 $393,868 $366,977 $2,588,910 $26,891
2018 $221,161 $519,867 $2,292,969 $-298,706
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