McPherson Healthcare Foundation Inc

EIN: 481043952 501(c)(3) Health Care

McPherson, KS

Total Revenue
$525,875
Total Expenses
$534,296
Total Assets
$3,309,270
Net Assets
$3,309,270
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
KS
Principal Officer
Brian Bina
Phone
6202450130
Tax Period
2024-07-01 to 2025-06-30

McPherson Healthcare Foundation Inc, founded in 1986, is a small nonprofit in the Health Care sector that reported $526K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Net assets of $3.3M represent 76 months of operating reserves.

Mission

McPherson Healthcare Foundation is committed to securing, managing and allocating funds for the enhancement of facilities and services provided by McPherson Hospital, Inc. in McPherson, Kansas, and contributing, implementing and developing projects and programs dedicated to the promotion of a comprehensive healthcare system for McPherson County.

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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 (2024)

Revenue Breakdown

Contributions & Grants $367,575
Program Service Revenue $0
Investment Income $165,081
Other Revenue $-6,781
TOTAL REVENUE $525,875

Expense Breakdown

Grants Paid $488,677
Salaries & Benefits $0
Fundraising Expenses $1,309
Program Expenses $488,677
Other Expenses $45,619
TOTAL EXPENSES $534,296

Year-over-Year Comparison

2024 2023 Change
Revenue $525,875 $796,598 -0.3%
Expenses $534,296 $423,041 +0.3%
Net Income $-8,421 $373,557 -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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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
14

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
4
$111,362
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Bina Chairperson 1.00
Officer Director
$0 $0 $0
Jennifer Bonham Vice Chairperson 1.00
Officer Director
$0 $0 $0
Bradley Mears Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Pat Bruce Director 1.00
Director
$0 $0 $0
Adrian Morales Director 1.00
Director
$0 $0 $0
Jennifer Kinzel Director 1.00
Director
$0 $0 $0
Jonathan Rothrock Director 1.00
Director
$0 $0 $0
Brad Seibel Director 1.00
Director
$0 $0 $0
Bill Gately Director 1.00
Director
$0 $0 $0
Trent Timson Director 1.00
Director
$0 $0 $0
Michael Moritz Director 1.00
Director
$0 $0 $0
Amy Bower Director of Development (thru March 2025) 1.00
Officer
$0 $15,338 $111,362
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 $525,875 $534,296 $3,309,270 $-8,421
2024 $796,598 $423,041 $3,115,147 $373,557
2023 $395,263 $486,434 $2,418,448 $-91,171
2022 $762,204 $861,104 $2,277,209 $-98,900
2021 $1,061,276 $1,122,024 $2,866,905 $-60,748
2020 $628,200 $434,288 $2,433,003 $193,912
2019 $226,952 $3,225,223 $2,225,782 $-2,998,271
2018 $1,036,232 $1,022,536 $5,230,600 $13,696
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