Newman Hospital Regional Health Found dba Newman Regional Health Foundation

EIN: 481230936 501(c)(3)

Emporia, KS

Total Revenue
$656,964
Total Expenses
$839,279
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
KS
Principal Officer
Barbara Wry
Phone
6203436800
Tax Period
2019-01-01 to 2019-12-31

Newman Hospital Regional Health Found dba Newman Regional Health Foundation, founded in 1999, is a small nonprofit that reported $657K in total revenue in fiscal year 2019. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $839K exceeded revenue, resulting in a 28% operating deficit.

Mission

To develop support for the delivery of hospital and related health care services, health related education, as well as the promotion of health and wellness, without regard to race, creed, color, sex or financial circumstance. To provide support for the charitable work of the Newman Memorial County Hospital d/b/a Newman Regional Health and the extension of health care services to the areas served by the 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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $444,943
Program Service Revenue $0
Investment Income $173,258
Other Revenue $38,763
TOTAL REVENUE $656,964

Expense Breakdown

Grants Paid $735,447
Salaries & Benefits $0
Fundraising Expenses $32,933
Program Expenses $735,447
Other Expenses $103,832
TOTAL EXPENSES $839,279

Year-over-Year Comparison

2019 2018 Change
Revenue $656,964 $605,111 +0.1%
Expenses $839,279 $484,252 +0.7%
Net Income $-182,315 $120,859 -2.5%
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
14
Independent Members
11
Employees
N/A
Volunteers
30

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
$105,678
Total Directors
15
$675,340
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Wry Chairperson 1.00
Officer Director
$0 $0 $0
Jerry Campbell Vice Chairperson 1.00
Officer Director
$0 $0 $0
Marilyn Laird Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Jim Williams PhD Trustee 1.00
Director
$0 $0 $0
Ty Wheeler Trustee 1.00
Director
$0 $0 $0
Richard Duncan Trustee 1.00
Director
$0 $0 $0
Wes Jones Trustee 1.00
Director
$0 $0 $0
Bryon Rosine Trustee 1.00
Director
$0 $0 $0
Gail Barrett PharmD Trustee 1.00
Director
$0 $0 $0
Deidra Baumwart Trustee 1.00
Director
$0 $20,880 $60,795
Jennifer Browning Trustee 1.00
Director
$0 $0 $0
Mary Kretsinger Trustee beginning in April 2019 1.00
Director
$0 $0 $0
Robert Wright Trustee 1.00
Director
$0 $53,508 $318,814
Holly French Trustee 1.00
Director
$0 $44,205 $190,053
Mike Perigo Executive Director thru Sept 2019 39.00
Officer Director
$0 $29,711 $105,678
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
2019 $656,964 $839,279 No data $-182,315
2018 $605,111 $484,252 $5,503,426 $120,859
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