MAGRUDER HOSPITAL FOUNDATION

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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

2013

Legal Domicile

Principal Officer

NICHOLAS MARSICO

Phone

4194245847

Tax Period

2024-01-01 to 2024-12-31

MAGRUDER HOSPITAL FOUNDATION, founded in 2013, is a small nonprofit in the Health Care sector that reported $620K in total revenue in fiscal year 2024. Revenue surged 285% from the prior year, signaling strong growth momentum. The organization ran a surplus of $580K, a strong 93% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

MAGRUDER HOSPITAL FOUNDATION INCURRED EXPENSES TO PROMOTE FUNDRAISING ACTIVITIES TO SUPPORT MAGRUDER HOSPITAL. EACH FUNDRAISER IS PROMOTED ALONG WITH THE INTENDED USE OF EARNED FUNDS. MOST OFTEN, THE...

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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 (2024)

Revenue Breakdown

Contributions & Grants $458,052

Program Service Revenue $0

Investment Income $65,915

Other Revenue $96,469

TOTAL REVENUE $620,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,917

Fundraising Expenses $40,654

Other Expenses $7,737

TOTAL EXPENSES $40,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$620,436	$161,231	+2.8%
Expenses	$40,654	$41,078	0.0%
Net Income	$579,782	$120,153	+3.8%

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

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

$1,101,443

Total Directors

$198,782

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY SCHREINER	VP NURSING & CNO	0.00	Officer Director	$0	$37,140	$198,782
GREG DEERHAKE	CHAIR	1.00	Officer Director	$0	$0	$0
PAUL DRUCKENMILLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BARRY COVER MD	DIRECTOR	1.00	Director	$0	$0	$0
JEFF DORNBUSCH	DIRECTOR	1.00	Director	$0	$0	$0
ALISON FALLS	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS FOCHT	DIRECTOR	1.00	Director	$0	$0	$0
MARK HABLITZEL DDS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LIBBEN	DIRECTOR	1.00	Director	$0	$0	$0
RON MILLER	DIRECTOR	1.00	Director	$0	$0	$0
NANCY OSBORN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS SINGERLING	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN SNEIDER DPM	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SODERBERG	DIRECTOR	1.00	Director	$0	$0	$0
MARK SPRENGER	DIRECTOR	1.00	Director	$0	$0	$0
MARIA SUE CROSSER	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS MARSICO	PRESIDENT & CEO	2.00	Officer	$0	$28,372	$299,177
ROBERT GOSHIA	VP FINANCE & CFO	0.00	Officer	$0	$44,565	$274,423
JASON KRAUS	EXECUTIVE DIRECTOR, PEOPLE & FACILITIES	45.00	Officer	$0	$35,765	$166,602
JILL CRAWFORD	EXECUTIVE DIRECTOR, CLINIC OPS & ANCILLARY	45.00	Officer	$0	$24,692	$162,459

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	$620,436	$40,654	$3,199,057	$579,782
2023	$161,231	$41,078	$2,675,125	$120,153
2022	$172,391	$73,944	$2,407,817	$98,447
2021	$104,780	$54,223	$2,712,570	$50,557
2020	$116,037	$89,213	$2,387,577	$26,824
2019	$102,247	$116,980	$2,189,153	$-14,733
2018	$93,929	$71,052	$1,955,980	$22,877