MORRIS COUNTY HOSPITAL FOUNDATION (EIN 481023979) - 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

1986

Legal Domicile

Phone

6207676811

Tax Period

2023-01-01 to 2023-12-31

MORRIS COUNTY HOSPITAL FOUNDATION, founded in 1986, is a small nonprofit in the Health Care sector that reported $380K in total revenue in fiscal year 2023. Revenue surged 194% from the prior year, signaling strong growth momentum. The organization ran a surplus of $364K, a strong 96% operating margin.

Mission

THE MORRIS COUNTY HOSPITAL FOUNDATION IS A FUND RAISING SUPPORT ORGANIZATION FOR THE MORRIS COUNTY HOSPITAL

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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 $68,795

Program Service Revenue $0

Investment Income $313,002

Other Revenue $-1,624

TOTAL REVENUE $380,173

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,222

Fundraising Expenses $2,500

Program Expenses $3,322

Other Expenses $9,360

TOTAL EXPENSES $16,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$380,173	$129,287	+1.9%
Expenses	$16,582	$292,934	-0.9%
Net Income	$363,591	$-163,647	-3.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CANDACE BOARDMAN	Treasurer	1.00	Director	$0	$0	$0
CHAD TISCHHAUSER	President	1.00	Officer Director	$0	$0	$0
SCOTT BANKES	Director	1.00	Officer Director	$0	$0	$0
CHRISTY DAVIS	Vice President	1.00	Director	$0	$0	$0
ELLE WHITE	Director	1.00	Director	$0	$0	$0
DUSTIN MANSON	Director	1.00	Director	$0	$0	$0
BECKY NURNBERG	Director	1.00	Director	$0	$0	$0
MARSHA TISCHHAUSER	Director	1.00	Director	$0	$0	$0
SANDY BACHURA	Secretary	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
2024	No data	No data	No data	No data
2023	$380,173	$16,582	$898,669	$363,591
2022	$129,287	$292,934	$529,965	$-163,647
2021	$225,205	$82,768	$693,612	$142,437
2020	$189,485	$112,064	$551,175	$77,421
2019	$173,756	$181,635	$525,411	$-7,879

MORRIS COUNTY HOSPITAL FOUNDATION