WINSTON SALEM, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PRESBYTERIAN HOSPITAL FOUNDATION, founded in 1980, is a mid-sized nonprofit in the Health Care sector that reported $12.9M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $4.8M, a strong 37% operating margin.
FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS OR CHARTER TRAVEL IS NOT A COVERED TRAVEL EXPENSE FOR EXECUTIVES; THEY ARE LIMITED TO BUSINESS OR COACH CLASS FARES FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE TO CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL MEETING APPLICABLE POLICY CRITERIA. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED ON CERTAIN CHARTER FLIGHTS PAID FOR BY THE ORGANIZATION. IN THAT CASE, THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S TAXABLE INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: WE PROVIDE TEMPORARY HOUSING ALLOWANCES IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE VALUE IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $12,911,600 | $18,946,745 | -0.3% |
| Expenses | $8,084,656 | $8,560,021 | -0.1% |
| Net Income | $4,826,944 | $10,386,724 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AYANNA CHANCE | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| CALDWELL ROSE | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| CHARLOTTE WICKHAM | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| CHIP NISBET | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| DARRIN BOLAND | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| DAVID GROOMES | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| EDGARDO MARTINEZ | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| ELIZABETH CORNELSON-WEISIGER | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| EMILY HARRY | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| JENNIFER DOYLE | TRUSTEE, SECR (TO 11/15/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY BARRON MD | TRUSTEE/ORTHOPAEDIST | 0.20 |
Director
|
$0 | $56,818 | $1,132,462 |
| JEWELL HOOVER | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| JOHN CASHION | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| JOHN COMLY | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JOHN HONDROS | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| KATE HATCHER MD | TRUSTEE, CHAIR (TO 11/15/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| LUIS LLUBERAS | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| MARY WINSTON | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| MICHAEL WILES | TRUSTEE, SECR (FR 11/15/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| NATALIE ALSTON | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| OLIVER BADGIO | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| SIDNEY FLETCHER MD | TRUSTEE(TO 12/31/23),SVP CHF CLN OFF | 0.20 |
Director
|
$0 | $158,633 | $1,249,840 |
| STONEY SELLARS | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| TERRENCE LINNERT | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| TIFFANI JONES MD | CHAIR (FR 11/15/23)/OBSTETRICIAN | 0.20 |
Officer
Director
|
$0 | $37,668 | $550,733 |
| VONDA HUSS | TRUSTEE, VICE CHAIR (FR 11/15/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM COWAN | TREAS (TO 12/31/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| DOROTHY ANN CAULKINS | SVP FDN | 8.00 |
Officer
|
$0 | $111,754 | $836,987 |
| FRED HARGETT | EVP/CFO (TO 9/6/23) | 0.20 |
Officer
|
$0 | $50,705 | $2,451,375 |
| GEOFFREY GARDNER | CFO (FR 9/6/23) | 0.20 |
Officer
|
$0 | $128,749 | $1,037,855 |
| KATHLEEN SPIZZIRRI | EXEC DIRECTOR | 50.00 |
Officer
|
$188,861 | $31,110 | $219,971 |
| AMY MCKINNEY | PHILANTHROPY MANAGER | 45.00 |
Highest
|
$101,597 | $28,027 | $129,624 |
| JUSTIN TRAKAS | PHILANTHROPY MANAGER | 45.00 |
Highest
|
$112,810 | $18,166 | $130,976 |
| NICHOLE BURTON | PHILANTHROPY MANAGER | 45.00 |
Highest
|
$85,528 | $6,954 | $118,090 |
| JENNIFER CLIFFORD | FMR OFFICER (9/20/21) | 0.00 |
|
$0 | $9,903 | $140,721 |
| KIMBERLY HENDERSON | FMR OFFICER (12/31/19) | 0.00 |
|
$0 | $155,975 | $1,241,092 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $12,911,600 | $8,084,656 | $101,423,137 | $4,826,944 |
| 2022 | $18,946,745 | $8,560,021 | $90,424,635 | $10,386,724 |
| 2021 | $20,835,214 | $28,879,277 | $114,547,328 | $-8,044,063 |
| 2020 | $8,633,970 | $11,139,264 | $99,605,930 | $-2,505,294 |
| 2019 | $12,289,584 | $6,101,612 | $98,458,533 | $6,187,972 |
| 2018 | $12,236,683 | $8,059,832 | $87,196,784 | $4,176,851 |
Compare PRESBYTERIAN HOSPITAL FOUNDATION with other nonprofits in North Carolina and across the country.