MEMORIAL HOSPITAL FOUNDATION INC (EIN 581852101) - 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

1989

Legal Domicile

Principal Officer

LADON TOOLE

Phone

2292463500

Tax Period

2024-04-01 to 2025-03-31

MEMORIAL HOSPITAL FOUNDATION INC, founded in 1989, is a small nonprofit in the Health Care sector that reported $171K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 43% operating margin.

Mission

TO PROMOTE THE HOSPITAL AUTHORITY OF THE CITY OF BAINBRIDGE, DECATUR COUNTY, GEORGIA, AND ACCEPT CONTRIBUTIONS TO PURCHASE NEEDED EQUIPMENT AND CAPITAL EXPANSIONS ON BEHALF OF THE HOSPITAL AUTHORITY.

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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 $134,170

Program Service Revenue $0

Investment Income $51,130

Other Revenue $-13,977

TOTAL REVENUE $171,323

Expense Breakdown

Grants Paid $88,452

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $88,452

Other Expenses $9,098

TOTAL EXPENSES $97,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,323	$91,427	+0.9%
Expenses	$97,550	$61,036	+0.6%
Net Income	$73,773	$30,391	+1.4%

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

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

$689,758

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM LAMBERT	CEO/PRES(TER	1.00	Officer	$0	$18,430	$311,815
DAVID PAUGH	INTERIM CEO/	1.00	Officer	$0	$27,137	$221,047
KAREN LIVINGSTON	CONTROLLER(T	1.00	Officer	$0	$41,767	$156,896
JAMIE SINKO	LIASION	1.00	Highest	$0	$13,081	$122,708
SEAN AUSTIN	TRUSTEE	1.00	Director	$0	$0	$0
SARAH F BROWN	TRUSTEE(TERM	1.00	Director	$0	$0	$0
KREGG CLOSE	TRUSTEE	1.00	Director	$0	$0	$0
AUDREY DOLLAR	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT EWING	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CRYCYNTHIA GARDNER	TRUSTEE	1.00	Director	$0	$0	$0
JORDAN GILBERT	TRUSTEE	1.00	Director	$0	$0	$0
ADRIENNE HARRISON	TRUSTEE	1.00	Director	$0	$0	$0
DICK IVEY	TRUSTEE	1.00	Director	$0	$0	$0
ROB MCRAE	TREASURER	1.00	Director	$0	$0	$0
LINDSAY MYERS	TRUSTEE	1.00	Director	$0	$0	$0
LEE NORTHCUTT	TRUSTEE	1.00	Director	$0	$0	$0
RODNEY PRINCE	TRUSTEE	1.00	Director	$0	$0	$0
ANA JANE SHEPHERD	TRUSTEE(TERM	1.00	Director	$0	$0	$0
DIANE STRICKLAND	TRUSTEE(TERM	1.00	Director	$0	$0	$0
JOHN STRICKLAND	TRUSTEE	1.00	Director	$0	$0	$0
LESLEY TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
MELINDA TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
LADON TOOLE	CEO(START3/1	N/A	Officer	$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
2025	$171,323	$97,550	$1,823,220	$73,773
2024	$91,427	$61,036	$1,714,487	$30,391
2023	$150,239	$464,956	$1,506,468	$-314,717
2022	$105,925	$56,447	$2,070,166	$49,478
2021	$349,078	$36,467	$1,936,228	$312,611
2020	$34,141	$15,663	$1,227,649	$18,478
2019	$88,834	$99,555	$1,363,247	$-10,721

MEMORIAL HOSPITAL FOUNDATION INC