WILSON HEALTH FOUNDATION (EIN 521771615) - 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

1976

Legal Domicile

Principal Officer

JULIE COVAULT

Phone

9374985572

Tax Period

2024-01-01 to 2024-12-31

WILSON HEALTH FOUNDATION, founded in 1976, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $942K, a strong 66% operating margin.

Mission

SERVE THE CITIZENS OF SHELBY COUNTY AND SURROUNDING AREA THROUGH DISTRIBUTION OF FUNDS FOR CHARITABLE PURPOSES THROUGH SHELBY COUNTY MEMORIAL 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 (2024)

Revenue Breakdown

Contributions & Grants $691,693

Program Service Revenue $0

Investment Income $739,784

Other Revenue $85

TOTAL REVENUE $1,431,562

Expense Breakdown

Grants Paid $354,718

Salaries & Benefits $87,084

Fundraising Expenses $47,315

Program Expenses $354,718

Other Expenses $47,315

TOTAL EXPENSES $489,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,431,562	$1,302,233	+0.1%
Expenses	$489,117	$819,785	-0.4%
Net Income	$942,445	$482,448	+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

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

$712,009

Total Directors

$1,004,473

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICKEY A HAMER	CHAIR	1.00	Officer Director	$0	$0	$0
MATT HOYING	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
BRANDON F SIMON	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
ZACK BOSSLET	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG DICKMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
H ROGER FULK	BOARD MEMBER	1.00	Director	$0	$0	$0
MITCHELL HOYING	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSH KOLTAK	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE LOCHARD	BOARD MEMBER	1.00	Director	$0	$0	$0
DR ALLISON PEPPLE	BOARD MEMBER	1.00	Director	$0	$42,119	$327,668
ANGIE ROSS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIAN SPICER	BOARD MEMBER	1.00	Director	$0	$0	$0
KENT WITT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK KLOSTERMAN	WMH CEO	1.00	Officer Director	$0	$54,920	$676,805
JENNIFER BRUNS	EXECUTIVE DIRECTOR	40.00	Officer	$0	$2,129	$35,204

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	$1,431,562	$489,117	$18,112,353	$942,445
2023	$1,302,233	$819,785	$15,660,513	$482,448
2022	$592,726	$582,155	$13,517,334	$10,571
2021	$2,611,296	$524,171	$16,158,876	$2,087,125
2020	$1,080,746	$875,694	$14,294,260	$205,052
2019	$1,399,222	$894,898	$13,016,249	$504,324
2018	$722,041	$271,236	$10,627,147	$450,805

WILSON HEALTH FOUNDATION