Knoxville, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Methodist Medical Center Foundation, founded in 1989, is a small nonprofit in the Health Care sector that reported $241K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $139K, a strong 58% operating margin.
The Foundation is charged with raising, managing and distributing charitable gift support for Methodist Medical Center of Oak Ridge (MMC) in order to perpetuate and advance the highest quality of health care services at MMC. Donations to the Foundation support health care programs, services, education and equipment at MMC not otherwise funded or reimbursable by public or private insurance. The Foundation's mission is to assist MMC with extending the gift of life to all those in need, regardless of their ability to pay.
The Hospitality Houses of Methodist Medical Center provide temporary lodging for patients and families who must travel long distances for treatment at Methodist Medical Center or Thompson Cancer...
The Hospitality Houses of Methodist Medical Center provide temporary lodging for patients and families who must travel long distances for treatment at Methodist Medical Center or Thompson Cancer Survival Center at MMC. The three homes offer 12 fully furnished apartments; shared kitchen, dining, laundry and family rooms; stocked pantries; transportation assistance as needed; and free parking. The program is supported entirely by charitable contributions.Guests of the Hospitality Houses stay as long as they need, free of charge. Since the first house opened in 1997, thousands of guests have received lodging. In 2023, the houses served 159 guests and provided 1,653 nights of stay for patients and families receiving cancer treatment, ICU/CCU care, and wound care at MMC. Based on standard local hotel rates, the value of the free lodging received by these guests was $198,360.
MMC Foundation funded continuing education equipment, clinical training and advanced certifications at Methodist Medical Center, including a training manikin for CPR and crisis care nursing...
MMC Foundation funded continuing education equipment, clinical training and advanced certifications at Methodist Medical Center, including a training manikin for CPR and crisis care nursing education, head and neck lymphedema certification for an occupational therapist, and advanced cardiovascular life support (ACLS) training for pharmacists.
The foundation provided support for oncology rehabilitation certification through the Physiological Oncology Rehabilitation Institute (PORI) for a physical therapist at MMC.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $240,940 | $308,847 | -0.2% |
| Expenses | $101,571 | $144,733 | -0.3% |
| Net Income | $139,369 | $164,114 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Shawn Smith | Director/Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wilma Brantley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Charlotte Cunningham | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chuck Hope | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Ousley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mackenzie Phillips | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shannon Potter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendy West | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeremy H Biggs | President/CAO - Methodist | 1.00 |
Officer
|
$0 | $0 | $0 |
| Patrick J Birmingham IV | VP of Philanthropy | 8.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $240,940 | $101,571 | $1,567,591 | $139,369 |
| 2022 | $308,847 | $144,733 | $1,316,051 | $164,114 |
| 2021 | $214,405 | $141,918 | $1,312,043 | $72,487 |
| 2020 | $216,688 | $122,405 | $1,186,972 | $94,283 |
| 2019 | $210,032 | $203,974 | $1,044,245 | $6,058 |
| 2018 | $196,801 | $259,186 | $938,900 | $-62,385 |
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