GARRISON MEMORIAL HOSPITAL (EIN 450227752) - 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

1952

Legal Domicile

Principal Officer

ADAM MAUS

Phone

7014632275

Tax Period

2023-07-01 to 2024-06-30

GARRISON MEMORIAL HOSPITAL, founded in 1952, is a mid-sized nonprofit in the Health Care sector that reported $11.2M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $14.0M exceeded revenue, resulting in a 25% operating deficit.

Mission

PROVISION OF HEALTHCARE TO GARRISON AND THE SURROUNDING AREA.

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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 $126,879

Program Service Revenue $10,458,446

Investment Income $1,472

Other Revenue $660,173

TOTAL REVENUE $11,246,970

Expense Breakdown

Grants Paid $1,649

Salaries & Benefits $7,015,959

Fundraising Expenses $0

Program Expenses $13,239,275

Other Expenses $6,994,128

TOTAL EXPENSES $14,011,736

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,246,970	$11,894,316	-0.1%
Expenses	$14,011,736	$12,299,346	+0.1%
Net Income	$-2,764,766	$-405,030	+5.8%

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

118

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

$1,916,825

Total Directors

$3,527,794

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE GOEBEL	DIRECTOR (PARTIAL YEAR)/DIVISION SVP CHIEF OPERATI	1.00	Director	$0	$55,466	$1,020,400
KEVIN DAHMEN MD	VICE CHAIR/PSYCHIATRIST	1.00	Officer Director	$0	$61,852	$753,218
TODD PRESZLER MD	DIRECTOR/ANESTHESIOLOGIST	1.00	Director	$0	$69,277	$684,357
REED REYMAN	MARKET PRESIDENT/CEO	5.00	Officer Director	$0	$30,696	$501,970
JON DORNACKER	PHYSICIAN	40.00	Highest	$434,963	$48,150	$483,113
SYED HYDER MD	DIRECTOR/NEUROLOGIST	1.00	Director	$0	$58,867	$473,710
NICK O'TOOL	MARKET CFO (PARTIAL YEAR)	1.00	Officer	$0	$50,949	$399,969
ARTHUR RENNER	PHYSICIAN'S ASSISTANT	40.00	Highest	$259,717	$26,409	$286,126
PAUL MINOZA	RN CHARGE PERSON	40.00	Highest	$205,509	$36,923	$242,432
FORREST HIRSCH	NURSE PRACTITIONER	40.00	Highest	$193,218	$23,806	$217,024
MALISSA REARDON	FORMER INTERIM CEO	0.00		$208,203	$0	$208,203
STEPHANIE KAUL	INTERIM CFO	5.00	Officer	$0	$5,904	$167,529
PASCUALITO CONCEPCION	NURSE PRACTITIONER	40.00	Highest	$142,057	$5,232	$147,289
ADAM MAUS	PRESIDENT	40.00	Officer Director	$81,398	$12,741	$94,139
TIMOTHY BOPP MD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GIESE	CHAIR	1.00	Officer Director	$0	$0	$0
SR NICOLE KUNZE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MONGEON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WEISBECK	DIRECTOR	1.00	Director	$0	$0	$0
SR ROSANNE ZASTOUPIL	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	$11,246,970	$14,011,736	$32,979,388	$-2,764,766
2023	$11,894,316	$12,299,346	$30,125,351	$-405,030
2022	$11,701,384	$12,922,386	$25,091,510	$-1,221,002
2021	$11,829,124	$13,441,392	$20,566,319	$-1,612,268
2020	$10,930,724	$11,302,042	$13,929,831	$-371,318
2019	$11,227,764	$10,652,280	$9,565,552	$575,484
2018	$11,345,814	$10,802,729	$10,144,957	$543,085

GARRISON MEMORIAL HOSPITAL