Crawley Memorial Hospital Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Phone

9729736400

Tax Period

2022-07-01 to 2023-06-30

Crawley Memorial Hospital Inc, founded in 1959, is a small nonprofit in the Health Care sector that reported $365K in total revenue in fiscal year 2022. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 201% operating deficit.

Mission

AS A "HOSPITAL WITH-IN A HOSPITAL", IT IS THE MISSION OF CCH AT UNIVERSITY TO ENHANCE COMMUNITY HEALTH THROUGH SERVICE WITH COMPASSION, CARING, ACCOUNTABILITY, RESPECT, AND EMPATHY.

Program Service Accomplishments

Program 1

Expenses: $46,887 Revenue: $344,095

Crawley Memorial Hospital, Inc. D/B/A Carolinas Continuecare Hospital at University (Carolinas CCH at University) operated a long-term acute care hospital in North Carolina until March 2, 2022 when it ceased operating as a hospital and providing care under its hospital license. The LTACH then moved out of the leased space of its host hospital, Atrium Health University City, on March 15, 2022. The organization is currently winding down affairs. Until March 2, 2022. Carolinas CCH at University operated as a "hospital within a hospital" yet it was a separate fully licensed acute care hospital with the ability to provide intensive and complex medical treatment. Carolinas CCH at University opened in October of 2015 as a 28-bed long term acute care hospital (LTACH) and became certified as a long term acute care hospital on July 1, 2016. A long term acute care hospital (LTACH) serves the needs of patients with medically complex conditions - especially those suffering from multi-system complications and needing extended recovery times. Conditions appropriate for an LTACH include Tracheotomy, Ventilator Dependent Cardiac/Cardiovascular Conditions, Renal Disease, Oncology and Wound Care. Typically lengths of stay average 25 days or longer.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $344,095

Investment Income $13,634

Other Revenue $7,346

TOTAL REVENUE $365,075

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,848

Fundraising Expenses $0

Program Expenses $46,887

Other Expenses $1,026,338

TOTAL EXPENSES $1,097,186

Year-over-Year Comparison

	2022	2021	Change
Revenue	$365,075	$4,936,519	-0.9%
Expenses	$1,097,186	$7,171,234	-0.8%
Net Income	$-732,111	$-2,234,715	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$1,346,781

Total Directors

$2,116,641

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DIRECTOR/PRESIDENT	0.1	Officer Director	$0	$63,494	$456,040
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director (Begin 11/22)	1.0	Director	$0	$0	$0
N/A	DIRECTOR (Until 3/23)	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	0.2	Director	$0	$138,727	$1,660,601
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	TREASURER	0.4	Officer	$0	$38,701	$432,784
N/A	SECRETARY	0.1	Officer	$0	$33,792	$457,957

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$365,075	$1,097,186	$3,000,006	$-732,111
2022	$4,936,519	$7,171,234	$2,881,146	$-2,234,715
2021	$9,156,589	$9,257,979	$7,539,740	$-101,390
2020	$10,626,086	$10,112,089	$8,035,619	$513,997
2019	$10,752,680	$13,197,027	$7,171,867	$-2,444,347
2018	$15,879,275	$19,061,537	$10,338,921	$-3,182,262