SARTORI MEMORIAL HOSPITAL INC (EIN 420758901) - 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

1954

Legal Domicile

Principal Officer

RYAN MEYER

Phone

3192683000

Tax Period

2023-07-01 to 2024-06-30

SARTORI MEMORIAL HOSPITAL INC, founded in 1954, is a mid-sized nonprofit in the Health Care sector that reported $42.8M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $6.7M, a strong 16% operating margin.

Mission

TO PROVIDE HEALTH CARE AND HOSPITAL SERVICES

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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 (2023)

Revenue Breakdown

Contributions & Grants $471,800

Program Service Revenue $41,521,532

Investment Income $2,738

Other Revenue $780,354

TOTAL REVENUE $42,776,424

Expense Breakdown

Grants Paid $169,955

Salaries & Benefits $12,649,615

Fundraising Expenses $0

Program Expenses $30,033,696

Other Expenses $23,210,114

TOTAL EXPENSES $36,029,684

Year-over-Year Comparison

	2023	2022	Change
Revenue	$42,776,424	$38,078,592	+0.1%
Expenses	$36,029,684	$34,115,133	+0.1%
Net Income	$6,746,740	$3,963,459	+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

233

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

$876,743

Total Directors

$2,056,450

Key Employees

$1,193,213

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK DUSENBERY	FORMER OFFICER	0.00		$0	$974,659	$1,738,750
MICHAEL WEGNER	DIR 8-12/23; PRES MERCY IA THR 12/23	1.00	Director	$0	$65,930	$1,084,868
MATTHEW SOJKA MD	VP, MEDICAL AFFAIRS	6.00	Key Emp	$0	$48,997	$550,680
RACHELLE MAKINDE MD	DIRECTOR; PHYSICIAN	1.00	Director	$0	$49,506	$513,745
BRIAN BURNETT MD	DIRECTOR; PHYSICIAN	1.00	Director	$0	$63,806	$457,837
RYAN MEYER	COO	6.00	Officer	$0	$70,530	$425,787
KELLY RICHARDS	CHIEF NURSING OFFICER	7.00	Key Emp	$0	$56,270	$393,416
TIMOTHY HUBER	ASSISTANT TREASURER; VP OF FINANCE	6.00	Officer	$0	$64,341	$376,966
JILL GROTH	VP, SITE ADMINISTRATOR	35.00	Key Emp	$0	$43,706	$249,117
BRENT NELSON	REGISTERED NURSE	40.00	Highest	$174,150	$25,249	$199,399
NERMINA SCHULTZ	HOUSE SUPERVISOR	40.00	Highest	$118,453	$44,155	$162,608
ALEX HANSEN	PHARMACIST	40.00	Highest	$106,769	$41,606	$148,375
MICHELL BRUNNING	REGISTERED NURSE	40.00	Highest	$115,037	$29,238	$144,275
MELISSA HOULE	PATIENT CARE MANAGER	40.00	Highest	$108,782	$21,802	$130,584
NANCY SCHAEFER	ASSISTANT SECRETARY; EXEC ASSISTANT	1.00	Officer	$0	$5,616	$73,990
DAVID DEAVER	DIRECTOR; CHAIR	1.00	Officer Director	$0	$0	$0
SANDRA BENAK	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY BOETTGER	DIRECTOR	1.00	Director	$0	$0	$0
ALAN KRUGER	DIRECTOR	1.00	Director	$0	$0	$0
CAROL TOUSLEY	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$42,776,424	$36,029,684	$18,232,341	$6,746,740
2023	$38,078,592	$34,115,133	$17,058,575	$3,963,459
2022	$38,900,685	$35,288,899	$15,702,608	$3,611,786
2021	$41,884,899	$33,167,954	$14,938,531	$8,716,945
2020	$31,128,862	$30,619,166	$14,393,746	$509,696
2019	$34,347,767	$34,208,308	$16,960,112	$139,459
2018	$37,865,817	$37,383,729	$17,970,394	$482,088

SARTORI MEMORIAL HOSPITAL INC