Knoxville, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Morristown-Hamblen Hospital Foundation, founded in 1997, is a small nonprofit in the Health Care sector that reported $240K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $610K exceeded revenue, resulting in a 154% operating deficit.
The purpose of the Morristown-Hamblen Hospital Foundation is to support the Morristown-Hamblen Hospital Association in promoting and advancing the well-being of the community by providing quality healthcare and health-related services. The Foundation provides philanthropic support to the Morristown-Hamblen Hospital Association through the generosity of individuals, corporations, and foundations in the community and supports the hospital's mission to serve the community by improving the quality of life through better health.
Cancer and Palliative Care:Morristown-Hamblen Hospital Foundation distributed funds to assist with the purchase of a Sentinelle Breast Coil for use with the MRI machine in the Breast Imaging Center...
Cancer and Palliative Care:Morristown-Hamblen Hospital Foundation distributed funds to assist with the purchase of a Sentinelle Breast Coil for use with the MRI machine in the Breast Imaging Center of Excellence at Morristown West, an 8-channel knee coil for use with the hospital's MRI machine, and a CT simulator in the Morristown Regional Cancer Center.The foundation also distributed funds to provide direct assistance to patients undergoing cancer treatment at Morristown Regional Cancer Center. This financial assistance provided for transportation, food and nutritional supplements, dental care, utilities, medications, and specialized skin creams to aid in healing for radiation patients.
Pathology:Donors to Morristown-Hamblen Hospital Foundation provided funds to purchase a Mobic Slide Scanner used by pathologists to evaluate samples quickly, particularly for cancer patients. The...
Pathology:Donors to Morristown-Hamblen Hospital Foundation provided funds to purchase a Mobic Slide Scanner used by pathologists to evaluate samples quickly, particularly for cancer patients. The system allows for remote, cooperative work between pathologists, hematologists and other physicians, including time sensitive evaluations for bone marrow samples. The scanner improves turnaround time and diagnostic accuracy.
Employee and Patient Emergency Assistance:Morristown-Hamblen Hospital Foundation's employee emergency assistance fund provided crisis support to 34 employees and 10 patients of Morristown-Hamblen...
Employee and Patient Emergency Assistance:Morristown-Hamblen Hospital Foundation's employee emergency assistance fund provided crisis support to 34 employees and 10 patients of Morristown-Hamblen Healthcare System who were facing unexpected financial crises due to fires, car accidents, illnesses, deaths, etc. In 2023, assistance was provided for housing, transportation, funerals, utilities, and medical needs.
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 | $239,900 | $330,274 | -0.3% |
| Expenses | $609,504 | $118,812 | +4.1% |
| Net Income | $-369,604 | $211,462 | -2.7% |
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 |
|---|---|---|---|---|---|---|
| Mike Fishman | Director/Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Greg Steisslinger | Director/Vice-Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kay Senter | Director/Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Anderson MD | Director (rolled off during 2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| Ritchie Broyles | Director (rolled off during 2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| Izabela Burja MD | Director (rolled off during 2023) | 1.00 |
Director
|
$0 | $0 | $0 |
| Justin Cook | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Susanne DeNeau | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laura Dickerson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Helton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Amy Hemminger | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Suzanne Mickey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Noel Montepeque | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Harold Nichols | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendy Noe | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Joe Spoone | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gordon E Lintz | President/CAO - Morristown | 1.00 |
Officer
|
$0 | $0 | $0 |
| Patrick J Birmingham IV | VP of Philanthrophy | 8.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $239,900 | $609,504 | $1,743,578 | $-369,604 |
| 2022 | $330,274 | $118,812 | $1,966,561 | $211,462 |
| 2021 | $501,006 | $128,288 | $1,983,870 | $372,718 |
| 2020 | $170,617 | $183,953 | $1,504,401 | $-13,336 |
| 2019 | $237,333 | $120,674 | $1,449,799 | $116,659 |
| 2018 | $196,604 | $353,233 | $1,185,668 | $-156,629 |
Compare Morristown-Hamblen Hospital Foundation with other nonprofits in Tennessee and across the country.