BISMARCK, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTH DAKOTA HOSPITAL FOUNDATION, founded in 1990, is a small nonprofit that reported $790K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 19% operating margin.
TO PROMOTE THE IMPROVEMENT OF HEALTH OF THE PEOPLE OF NORTH DAKOTA THROUGH THE PROVISIONS OF BETTER HOSPITAL CARE, THE FOSTERING AND SPONSORSHIP OF EDUCATIONAL PROGRAMS FOR TRAINING OF HEALTH CAREER PERSONNEL, FINANCIAL AID FOR INDIVIDUALS OF NORTH DAKOTA NEEDING ASSISTANCE TO THOSE WHO ARE PURSUING AN EDUCATION IN HEALTH CAREERS, THE PROMOTION OF SCIENTIFIC KNOWLEDGE IN HEALTH CARE ADMINISTRATION, AND THE PROMOTION AND SPONSORSHIP OF RESEARCH IN HOSPITAL ADMINISTRATION.
HOSPITAL PREPAREDNESS (HRSA) PROGRAM GRANT:AS A SUBCONTRACTOR FOR THE ND HEALTH DEPARTMENT, NDHA PURCHASES SUPPLIES AND EQUIPENT FOR THE HOSPITALS IN NORTH DAKOTA AND PROVIDES EDUCATION TRAINING FOR...
HOSPITAL PREPAREDNESS (HRSA) PROGRAM GRANT:AS A SUBCONTRACTOR FOR THE ND HEALTH DEPARTMENT, NDHA PURCHASES SUPPLIES AND EQUIPENT FOR THE HOSPITALS IN NORTH DAKOTA AND PROVIDES EDUCATION TRAINING FOR ALL HAZARD PLANNING IN THE STATE.
CAH- TO PROVIDE RELEVANT EDUCATION AND TECHNICAL ASSISTANCE TO ND CAHS IN THE FORM OF A CREDENTIALING WORKSHOP, BOARD EDUCATION, LEADERSHIP CONFERENCE, HEALTHCARE INDICATORS REPORT, AND...
CAH- TO PROVIDE RELEVANT EDUCATION AND TECHNICAL ASSISTANCE TO ND CAHS IN THE FORM OF A CREDENTIALING WORKSHOP, BOARD EDUCATION, LEADERSHIP CONFERENCE, HEALTHCARE INDICATORS REPORT, AND INDIVIDUALIZED TA FROM THE NDHA LEGAL COUNSEL AND NDHA PRESIDENT AS APPROPRIATE CENTERED AROUND VARIOUS TOPICS SUCH AS MEDICAID EXPANSION, BOARD EDUCATION, WORKFORCE SHORTAGES AND THE COVID-19 PANDEMIC.
HOSPITAL ENGAGEMENT NETWORK (HEN) PROGRAM GRANT:THIS IS A PARTNERSHIP FOR PATIENTS PROJECT DESIGNED TO REDUCE IMPATIENT HARM BY 40% AND READMISSIONS BY 20%.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $790,267 | $479,939 | +0.6% |
| Expenses | $638,254 | $527,121 | +0.2% |
| Net Income | $152,013 | $-47,182 | -4.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TIM BLASL | PRESIDENT/CEO | 5.00 |
Officer
Director
|
$0 | $49,115 | $386,794 |
| CHRIS ALBERTSON | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYAN MICKELSEN | CHAIR-ELECT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT SCHNEIDER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LUCKAS FISCHER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JODI HOVDENES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CALLEN CERMAK | FINANCE MANAGER | 2.00 |
Officer
|
$0 | $25,970 | $181,224 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $790,267 | $638,254 | $8,210,273 | $152,013 |
| 2023 | $479,939 | $527,121 | $6,762,849 | $-47,182 |
| 2022 | $990,766 | $681,394 | $6,324,741 | $309,372 |
| 2021 | $5,236,600 | $4,423,187 | $7,414,810 | $813,413 |
| 2020 | $1,182,837 | $1,040,463 | $6,270,297 | $142,374 |
| 2019 | $1,097,296 | $732,113 | $6,050,758 | $365,183 |
| 2018 | $1,157,064 | $892,703 | $5,920,208 | $264,361 |
Compare NORTH DAKOTA HOSPITAL FOUNDATION with other nonprofits in North Dakota and across the country.