Plano, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)JELLICO COMMUNITY HOSPITAL INC, founded in 1974, is a small nonprofit that reported $139K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $582K, a strong 418% operating margin.
THE PROVISION OF MEDICAL CARE TO THE COMMUNITY THROUGH THE OPREATION OF A 54 BED HOSPITAL. THE ASSETS AND OPERATIONS OF THE ORGANIZATION WERE SOLD IN MARCH 2019 AND THE ENTITY FILED ARTICLES OF DISSOLUTION ON APRIL 20, 2021. FORM 990, PART VI, LINE 4 Significant changes to governing documents THE ORGANIZATION'S SOLE MEMBER APPROVED ARTICLES OF DISSOLUTION FOR JELLICO COMMUNITY HOSPITAL ON APRIL 20, 2021 AND THEY WERE SUBSEQUENTLY FILED WITH THE DIVISION OF BUSINESS SERVICES OF THE TENNESSEE DEPARTMENT OF STATE ON APRIL 27, 2021. THE ORGANIZATION'S REMAINING CASH IN BANK, AS REFLECTED ON PART X OF THIS FORM 990, WAS DISTRIBUTED ON OCTOBER 29, 2021. THE ORGANIZATION WILL FILE A FINAL RETURN FOR THE SHORT PERIOD ENDED OCTOBER 29, 2021. FORM 990, PART VI, LINE 6 MEMBERS OR STOCKHOLDERS JELLICO COMMUNITY HOSPITAL, INC. (FILING ORGANIZATION) HAS ONE MEMBER. THE SOLE MEMBER OF THE FILING ORGANIZATION IS COMMUNITY HOSPITAL CORPORATION (CHC). CHC IS A TEXAS, NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3). THERE ARE NOOTHER CLASSES OF MEMBERSHIP IN THE FILING ORGANIZATION. ON MARCH 1, 2019, SUBSTANTIALLY ALL OF THE ASSETS OF JELLICO COMMUNITY HOSPITAL, INCLUDING THE HOSPITAL LICENSE, WERE SOLD. ALL OF THE HOSPITAL OPERATIONS, INCLUDING THE OPERATIONS OF JELLICO HEALTHCARE ASSOCIATES, LLC AND CAREPLUS RURAL HEALTH CLINIC LLC, WERE INCLUDED IN THE SALE. THE ORGANIZATION'S SOLE MEMBER APPROVED ARTICLES OF DISSOLUTION FOR JELLICO COMMUNITY HOSPITAL ON APRIL 20, 2021 AND THEY WERE SUBSEQUENTLY FILED WITH THE DIVISION OF BUSINESS SERVICES OF THE TENNESSEE DEPARTMENT OF STATE ON APRIL 27, 2021. THE ORGANIZATION'S REMAINING CASH IN BANK, AS REFLECTED ON PART X OF THIS FORM 990, WAS DISTRIBUTED ON OCTOBER 29, 2021. THE ORGANIZATION WILL FILE A FINAL RETURN FOR THE SHORT PERIOD ENDED OCTOBER 29, 2021.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $139,127 | $476,017 | -0.7% |
| Expenses | $-442,614 | $108,969 | -5.1% |
| Net Income | $581,741 | $367,048 | +0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOE THOMASON | DIR./PRESIDENT | 1.0 |
Officer
Director
|
$0 | $51,760 | $460,200 |
| JAMES HILL | Director/TREASURER | 1.0 |
Officer
Director
|
$0 | $41,844 | $403,266 |
| Linda Moore | Secretary | 1.0 |
Officer
|
$0 | $32,144 | $342,628 |
| Tod Beasley | DIRECTOR | 1.0 |
Director
|
$0 | $32,886 | $310,873 |
| MICHAEL WILLIAMS | FORMER TRUSTEE | 0.0 |
|
$0 | $0 | $57,417 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $139,127 | $-442,614 | $235,681 | $581,741 |
| 2021 | No data | No data | No data | No data |
| 2020 | $476,017 | $108,969 | $525,958 | $367,048 |
| 2019 | $8,481,086 | $11,966,446 | $426,560 | $-3,485,360 |
| 2018 | $18,600,736 | $22,473,125 | $4,310,623 | $-3,872,389 |
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