Hospital Development Foundation 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

1988

Legal Domicile

Phone

8705081770

Tax Period

2023-01-01 to 2023-12-31

Hospital Development Foundation Inc, founded in 1988, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023. Net assets of $19.6M represent 75 months of operating reserves.

Mission

BAXTER HEALTH FOUNDATION IS THE FUNDRAISING ARM FOR BAXTER HEALTH. THE FOUNDATION'S ONGOING FUNDING PROVIDES FINANCIAL SUPPORT FOR THE LATEST MEDICAL TECHNOLOGY, FACILITY UPGRADES, HEALTHCARE SCHOLARSHIPS, AND THE COMMUNITY HEALTH EDUCATION AND SUPPORT HOUSES. BAXTER HEALTH FOUNDATION IS DEVOTED TO THE HEALTHCARE NEEDS OF OUR COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $2,000,250 Revenue: $0

THROUGH THEIR FUNDRAISING EFFORTS, BAXTER HEALTH FOUNDATION PROVIDES FINANCIAL SUPPORT TO BAXTER HEALTH (HOSPITAL). THE HOSPITAL PROVIDES HEALTH CARE SERVICES REGARDLESS OF A PERSON'S ABILITY TO PAY. THIS LEAVES THE HOSPITAL ABSORBING MORE THAN $10 MILLION IN UNPAID MEDICAL BILLS EACH YEAR. THROUGH CHARITABLE CONTRIBITIONS RECEIVED IN 2023 THE FOUNDATION WAS ABLE TO PROVIDE THE HOSPITAL WITH OVER $1,800,000 IN GENERAL SUPPORT INCLUDING FINANCIAL SUPPORT FOR THE PEITZ CANCER SUPPORT HOUSE, SCHLIEMANN CENTER FOR WOMENS HEALTH EDUCATION, REPPELL DIABETES LEARNING CENTER, AND MRUK FAMILY CENTER ON AGING. THE FOUNDATION ALSO PROVIDES FINANCIAL SUPPORT TO HOSPICE OF THE OZARKS, BAXTER REGIONAL HEALTH SYSTEM, AND MOUNTAIN HOME CHRISTIAN CLINIC.

Program 2

Expenses: $592,086 Revenue: $0

THE FOUNDATION MAINTAINS SEVERAL SCHOLARSHIPS, INCLUDING THE ANDERSON DOWNES, BAKER, KERR, AND CAROLINE AUSTINO SCHOLARSHIPS. THESE SCHOLARSHIPS PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS ENTERING THE HEALTH CARE PROFESSION. DURING 2023, THE FOUNDATION AWARDED MORE THAN 522,000 IN SCHOLARSHIPS TO NURSING, EMERGENCY MEDICAL TECHNICIAN, PARAMEDIC, AND MEDICAL DOCTOR STUDENTS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,515,202

Program Service Revenue $0

Investment Income $606,657

Other Revenue $0

TOTAL REVENUE $3,121,859

Expense Breakdown

Grants Paid $2,455,546

Salaries & Benefits $423,619

Fundraising Expenses $326,632

Program Expenses $2,592,336

Other Expenses $251,011

TOTAL EXPENSES $3,130,176

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,121,859	$3,098,337	+0.0%
Expenses	$3,130,176	$3,657,794	-0.1%
Net Income	$-8,317	$-559,457	-1.0%

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

2513

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Board Secretary	5.0	Officer Director	$0	$0	$0
N/A	Board Vice Chairman	5.0	Officer Director	$0	$0	$0
N/A	Executive Director Through 01/03/2023	20.0	Officer Director	$0	$0	$0
N/A	Board Chairman	5.0	Officer Director	$0	$0	$0
N/A	Executive Director Since 04/01/2023	50.0	Officer Director	$0	$0	$0
N/A	Board Treasurer	5.0	Officer Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0
N/A	Board Member	5.0	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$3,121,859	$3,130,176	$20,500,581	$-8,317
2022	$3,098,337	$3,657,794	$19,155,779	$-559,457
2021	$3,724,734	$2,360,850	$20,720,132	$1,363,884
2020	$2,257,674	$1,553,831	$18,487,257	$703,843
2019	$2,639,908	$2,623,917	$16,973,782	$15,991
2018	$3,038,398	$3,097,601	$15,061,485	$-59,203