DOCTORS' MEMORIAL HOSPITAL INC (EIN 593122517) - 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

1992

Legal Domicile

Principal Officer

LAUREN FAISON-CLARK

Phone

8505840800

Tax Period

2024-06-01 to 2025-05-31

DOCTORS' MEMORIAL HOSPITAL INC, founded in 1992, is a mid-sized nonprofit in the Health Care sector that reported $26.2M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

THE HOSPITAL PROVIDES ACUTE INPATIENT, OUTPATIENT, EMERGENCY, AND HEALTH CLINIC SERVICES TO THE CITIZENS OF TAYLOR COUNTY, FL AND SURROUNDING COUNTIES. PATIENTS WHO MEET CERTAIN CRITERIA ARE PROVIDED FREE CARE OR CARE AT REDUCED RATES.

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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 $938,029

Program Service Revenue $25,037,718

Investment Income $85,459

Other Revenue $181,556

TOTAL REVENUE $26,242,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,844,181

Fundraising Expenses $0

Program Expenses $24,994,355

Other Expenses $10,914,286

TOTAL EXPENSES $26,758,467

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,242,762	$20,927,701	+0.3%
Expenses	$26,758,467	$22,724,850	+0.2%
Net Income	$-515,705	$-1,797,149	-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

293

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

$250,271

Total Directors

Key Employees

$411,123

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAE YU MD	PHYSICIAN	40.00	Highest	$450,655	$38,276	$488,931
MILES NELSON MD	BOARD MBR/CH	40.00	Key Emp	$384,308	$26,815	$411,123
RAMEL FAILMA MD	PHYSICIAN	40.00	Highest	$355,129	$32,618	$387,747
WILMOTH BAKER	PHYSICIAN	40.00	Highest	$158,657	$4,949	$163,606
CARA PAPPAS	APRN	40.00	Highest	$156,435	$0	$156,435
TERRELL HEATON-JONES	RN	40.00	Highest	$136,956	$15,104	$152,060
SARA GRAMBLING	COO/CFO	40.00	Officer	$106,546	$26,279	$132,825
ASHLEY BIDDY	CNO	40.00	Officer	$100,553	$16,893	$117,446
KEN ARNOLD	TREASURER	2.00	Officer Director	$0	$0	$0
PAT BARBAREE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
SCOTT BARTON	BOARD MEMBER	2.00	Director	$0	$0	$0
SHERRI ELLIS	BOARD MEMBER	2.00	Director	$0	$0	$0
DEBRA MCGREW	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK O'BRYANT	BOARD MEMBER	2.00	Director	$0	$0	$0
NELDA PARKER-PACE	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDREW STARR	BOARD MEMBER	2.00	Director	$0	$0	$0
PRISCILLA TRIPP	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
LAUREN FAISON-CLARK	CEO	40.00	Officer	$0	$0	$0
JAMES C MILLER	CFO (TERM 9/	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	$26,242,762	$26,758,467	$11,069,915	$-515,705
2024	$20,927,701	$22,724,850	$10,247,841	$-1,797,149
2023	$20,820,090	$21,700,039	$11,477,338	$-879,949
2022	$25,073,382	$21,448,603	$12,891,631	$3,624,779
2021	$22,943,105	$19,202,332	$16,104,022	$3,740,773

DOCTORS' MEMORIAL HOSPITAL INC