MEMORIAL HOSPITAL AUXILIARY INC (EIN 640623715) - 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

1955

Legal Domicile

Principal Officer

CATHY ELLEDGE

Phone

2288674117

Tax Period

2023-01-01 to 2023-12-31

MEMORIAL HOSPITAL AUXILIARY INC, founded in 1955, is a micro nonprofit that reported $56K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $99K exceeded revenue, resulting in a 76% operating deficit.

Mission

THE MEMORIAL HOSPITAL AUXILIARY'S MISSION IS TO GENERATE FUNDS TO DONATE TO THE HOSPITAL, NON-PROFIT ORGANIZATIONS, AND OTHER CHARITABLE ENTITIES. THE PROFITS THAT ARE DONATED TO THE HOSPITAL GO TO THE PURCHASE OF EQUIPMENT THAT HAS NOT BEEN BUDGETED, SCHOLARSHIPS FOR HOSPITAL EMPLOYEES, AND OTHERCOMMUNITY NEEDS. THE GIFT SHOP ALSO OFFERS A SERVICE TO THE HOSPITAL EMPLOYEES, PATIENTS AND PATIENTS' FAMILY MEMBERS AND THE COMMUNITY.

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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 $0

Program Service Revenue $0

Investment Income $6,601

Other Revenue $49,873

TOTAL REVENUE $56,474

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,908

Other Expenses $89,211

TOTAL EXPENSES $99,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$56,474	$150,716	-0.6%
Expenses	$99,211	$131,177	-0.2%
Net Income	$-42,737	$19,539	-3.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY ELLEDGE	PRESIDENT	10.00	Officer Director	$0	$0	$0
SUSAN MOLESWORTH	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
SUE HATEM	TREASURER	8.00	Officer Director	$0	$0	$0
MELLODY JENKINS	RECORDING SECRETARY	6.00	Officer Director	$0	$0	$0
KATHERINE MANNING	CORRESPONDING SECRETARY	5.00	Director	$0	$0	$0
ELLEN LINDSEY	PARLIAMENTARIAN	0.00	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	No data	No data	No data	No data
2023	$56,474	$99,211	$390,806	$-42,737
2022	$150,716	$131,177	$446,253	$19,539
2021	$175,198	$120,622	$414,561	$54,576

MEMORIAL HOSPITAL AUXILIARY INC