MERCY HEALTHCARE FOUNDATION (EIN 450435338) - 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

1994

Legal Domicile

Principal Officer

D RYAN FOWLER

Phone

7018456400

Tax Period

2023-07-01 to 2024-06-30

MERCY HEALTHCARE FOUNDATION, founded in 1994, is a small nonprofit in the Health Care sector that reported $230K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $152K, a strong 66% operating margin.

Mission

THE FOUNDATION IS DEDICATED TO THE SUPPORT OF PROGRAMS AND PROJECTS THAT WILL EXPAND AND ENHANCE HEALTHCARE, EDUCATION, AND OTHER HEALTH-RELATED SERVICES THROUGHOUT THE 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 $36,188

Program Service Revenue $0

Investment Income $193,993

Other Revenue $-350

TOTAL REVENUE $229,831

Expense Breakdown

Grants Paid $55,889

Salaries & Benefits $15,297

Fundraising Expenses $0

Program Expenses $77,357

Other Expenses $6,346

TOTAL EXPENSES $77,532

Year-over-Year Comparison

	2023	2022	Change
Revenue	$229,831	$454,793	-0.5%
Expenses	$77,532	$16,659	+3.7%
Net Income	$152,299	$438,134	-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

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

$1,661,262

Total Directors

$316,919

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM SCHNACK	MARKET CFO (BEG 05/24)	1.00	Officer	$0	$48,053	$417,768
NICK O'TOOL	MARKET CFO (END 05/24)	1.00	Officer	$0	$50,949	$399,969
REBECCA THOMPSON	FORMER INTERIM PRESIDENT	0.00		$0	$24,380	$367,805
D RYAN FOWLER	PRESIDENT MHVC	1.00	Officer Director	$0	$44,714	$316,919
AMBER STOWMAN	TREASURER (BEG 09/23)/VP OP FIN	1.00	Officer	$0	$44,587	$265,888
BETH SMITH	TREASURER (END 9/23)/MANAGER FIN	1.00	Officer	$0	$41,138	$199,476
STEPHEN SPICKENREUTHER	FORMER FOUNDATION DIRECTOR	0.00		$0	$10,149	$114,356
KAYLA BEILKE	BOARD SECRETARY/FOUNDATION DIRECTOR	40.00	Officer	$0	$12,618	$61,242
RACHAEL STORBECK	BOARD MEMBER/CHAIR (BEG 03/24)	1.00	Officer Director	$0	$0	$0
TIM OST	BOARD MEMBER (END 4/24)	1.00	Director	$0	$0	$0
CINDY WAAGEN	CHAIR (END 3/24)	1.00	Officer Director	$0	$0	$0
JAMES JENSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA GALT	BOARD MEMBER	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	$229,831	$77,532	$5,821,271	$152,299
2023	$454,793	$16,659	$5,264,436	$438,134
2022	$377,052	$206,974	$4,814,027	$170,078
2021	$459,622	$451,995	$5,487,502	$7,627
2020	$274,677	$31,553	$4,452,613	$243,124
2019	$160,103	$128,331	$4,295,627	$31,772
2018	$339,153	$72,916	$4,170,094	$266,237

MERCY HEALTHCARE FOUNDATION