OLATHE HEALTH SYSTEM INC

EIN: 480979845 501(c)(3)

OLATHE, KS

Total Revenue
$12,218,780
Total Expenses
$12,218,780
Total Assets
N/A
Net Assets
N/A
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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
1984
Legal Domicile
KS
Principal Officer
JASON HANNAGAN
Phone
7853553523
Tax Period
2023-01-01 to 2023-06-30

OLATHE HEALTH SYSTEM INC, founded in 1984, is a mid-sized nonprofit that reported $12.2M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

OLATHE HEALTH SYSTEM, INC. IS ESTABLISHED TO PROVIDE SUPPORT SERVICES TO THE UNIVERSITY OF KANSAS HOSPITAL AUTHORITY, DBA THE UNIVERSITY OF KANSAS 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $12,218,780
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,218,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,141,235
Fundraising Expenses $0
Program Expenses $0
Other Expenses $4,077,545
TOTAL EXPENSES $12,218,780

Year-over-Year Comparison

2022 2021 Change
Revenue $12,218,780 $10,913,749 +0.1%
Expenses $12,218,780 $10,888,368 +0.1%
Net Income $0 $25,381 -1.0%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
8
$8,899,766
Total Directors
1
$0
Key Employees
2
$678,112
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY HOLM PRESIDENT/CEO 25.0
Officer
$714,068 $1,669 $3,734,261
KRYSTAL CLAYMORE CHIEF FINANCIAL OFFICER 25.0
Officer
$212,930 $1,569 $1,635,125
JASON HANNAGAN SW KC Market CEO 25.0
Officer
$692,969 $41,465 $985,104
JEFF DOSSETT SW KC Market COO 25.0
Officer
$528,158 $23,144 $720,976
CHRISTINE COURTNEY SW KC Market CNO 20.0
Officer
$439,956 $29,486 $623,025
MICHAEL JENSEN SW KC Market CSO 25.0
Officer
$442,256 $22,481 $606,123
CATHERINE WIENS SW KC Market CCO 25.0
Key Emp
$280,830 $31,019 $421,077
ELIZABETH LONG CHIEF MEDICAL OFFICER 3.0
Officer
$0 $13,964 $316,593
TERESA KELLER ASSISTANT GENERAL COUNSEL 40.0
Officer
$138,336 $29,438 $278,559
NICHOLAS SINDORF SW KC Market VP CIO 25.0
Key Emp
$131,235 $25,782 $257,035
BETH KAHLBERG SENIOR ASSISTANT 40.0
Highest
$107,365 $17,696 $202,581
FRANK ROSS DIRECTOR 1.0
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
2023 $12,218,780 $12,218,780 No data No data
2022 $10,913,749 $10,888,368 $539,498,412 $25,381
2021 $7,896,915 $7,848,886 $643,732,616 $48,029
2020 $8,223,691 $8,179,288 $604,759,622 $44,403
2019 $7,716,153 $7,682,684 $611,623,352 $33,469
2018 $5,764,559 $5,752,975 $547,599,738 $11,584
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