MADISON COUNTY HOSPITAL HEALTH SYSTEMS INC (EIN 592319288) - 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

1938

Legal Domicile

Principal Officer

TAMMY STEVENS

Phone

8509732271

Tax Period

2023-10-01 to 2024-09-30

MADISON COUNTY HOSPITAL HEALTH SYSTEMS INC, founded in 1938, is a mid-sized nonprofit in the Health Care sector that reported $16.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE QUALITY HEALTHCARE SERVICES TO THE COMMUNITY WHICH IT SERVES. THESE SERVICES INCLUDE ACUTE GENERAL INPATIENT AND OUTPATIENT CARE, SWING BED, ENDOSCOPY, PHYSICAL THERAPY AND OTHER RELATED SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,709,103

Program Service Revenue $12,505,531

Investment Income $82,831

Other Revenue $685,930

TOTAL REVENUE $15,983,395

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,940,501

Fundraising Expenses $0

Program Expenses $13,283,506

Other Expenses $8,418,679

TOTAL EXPENSES $16,359,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,983,395	$13,664,061	+0.2%
Expenses	$16,359,180	$15,135,325	+0.1%
Net Income	$-375,785	$-1,471,264	-0.7%

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

194

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

$552,675

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL PERKINS MD	PHYSICIAN	40.00	Highest	$228,734	$34,463	$263,197
TAMMY STEVENS	CEO	40.00	Officer	$190,681	$1,366	$192,047
PATRICK MCGEE	CFO	40.00	Officer	$118,398	$10,997	$129,395
BRITTANY SELPH	CNO	40.00	Officer	$111,462	$10,099	$121,561
JOSEPH FLASSOVRIA	CPH	40.00	Highest	$108,086	$10,513	$118,599
CYNTHIA BURNETT SASNETT	HRO	40.00	Officer	$108,991	$681	$109,672
JUANITA WEBB FICO	DIRECTOR	1.00	Director	$0	$0	$0
BEN HARRIS	CHAIR(TERM 9	1.00	Officer Director	$0	$0	$0
KAREN ANNETTE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY JOSEPH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROSA RICHARDSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM SALE	DIRECTOR	1.00	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	$15,983,395	$16,359,180	$22,321,122	$-375,785
2023	$13,664,061	$15,135,325	$20,535,844	$-1,471,264
2022	$14,967,164	$13,935,319	$21,963,320	$1,031,845
2021	$16,268,101	$13,892,280	$21,232,395	$2,375,821
2020	$10,709,551	$12,090,211	$23,636,302	$-1,380,660
2019	$10,261,975	$10,880,778	$20,527,719	$-618,803
2018	$9,786,096	$10,711,009	$21,387,121	$-924,913

MADISON COUNTY HOSPITAL HEALTH SYSTEMS INC