MEMORIAL FOUNDATION OF ALLEN HOSPITAL (EIN 421201138) - 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

1983

Legal Domicile

Principal Officer

JENNIFER FRIEDLY

Phone

3192353995

Tax Period

2023-01-01 to 2023-12-31

MEMORIAL FOUNDATION OF ALLEN HOSPITAL, founded in 1983, is a community nonprofit in the Health Care sector that reported $4.9M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Net assets of $24.7M represent 60 months of operating reserves.

Mission

STRENGTHENS THE PROGRAMS, SERVICES AND COMMUNITY RELATIONSHIPS OF ALLEN HEALTH SYSTEM.

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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 $4,196,428

Program Service Revenue $0

Investment Income $721,395

Other Revenue $24,557

TOTAL REVENUE $4,942,380

Expense Breakdown

Grants Paid $4,323,660

Salaries & Benefits $754,660

Fundraising Expenses $801,893

Program Expenses $4,323,660

Other Expenses $180,465

TOTAL EXPENSES $5,318,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,942,380	$5,297,366	-0.1%
Expenses	$5,318,877	$3,645,496	+0.5%
Net Income	$-376,497	$1,651,870	-1.2%

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

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

$1,969,495

Total Directors

$2,566,384

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE ARMBRECHT	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN ARONSON	BOARD TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
DEB CAUGHRON	BOARD MEMBER	1.00	Director	$0	$0	$0
PAMELA DELAGARDELLE TO 823	BOARD MEMBER/PRESIDENT/CEO	1.00	Officer Director	$0	$102,337	$1,082,998
JENNIFER FRIEDLY FR 823	BOARD MEMBER/MARKET PRES	1.00	Officer Director	$0	$76,127	$483,184
JEFF GUSE ARNP	BOARD MEMBER	1.00	Director	$0	$23,174	$308,953
JOAN HEADINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
NICHOLAS HILDEBRANDT	BOARD MEMBER	1.00	Director	$0	$0	$0
WILFRED JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB JUSTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
LUKE LESYSHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
HELEN MELICHER	BOARD MEMBER	1.00	Director	$0	$0	$0
DONNA MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
ATUL PATEL	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
PRADEEP RAMESH	BOARD MEMBER	1.00	Director	$0	$51,789	$620,332
JULIE RITLAND	BOARD MEMBER	1.00	Director	$0	$5,058	$70,917
LANCE VANDERLOO	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT YUSKA	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE LIND	EXCUTIVE DIRECTOR	40.00	Officer	$0	$23,671	$160,162
ZACHARY FRENCH	VP FINANCE	1.00	Officer	$0	$16,492	$243,151
STEVEN PALMERSHEIM TO 1221	FORMER VP FIN/CFO UPC & ACO	0.00		$0	$77,246	$528,348

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	$4,942,380	$5,318,877	$24,886,216	$-376,497
2022	$5,297,366	$3,645,496	$23,364,359	$1,651,870
2021	$5,157,599	$3,428,202	$25,010,629	$1,729,397
2020	$4,794,222	$2,606,780	$22,751,610	$2,187,442
2019	$2,939,839	$4,655,728	$19,321,757	$-1,715,889
2018	$3,886,916	$3,591,669	$18,985,780	$295,247

MEMORIAL FOUNDATION OF ALLEN HOSPITAL