RUSH HOSPITAL - BUTLER INC

EIN: 640655993 501(c)(3) Health Care

MERIDIAN, MS

Total Revenue
$21,563,636
Total Expenses
$19,425,790
Total Assets
$14,924,233
Net Assets
$-1,152,809
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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
1983
Legal Domicile
AL
Principal Officer
D LARKIN KENNEDY
Phone
6017039992
Tax Period
2024-01-01 to 2024-12-31

RUSH HOSPITAL - BUTLER INC, founded in 1983, is a mid-sized nonprofit in the Health Care sector that reported $21.6M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $19.4M left a modest 10% surplus.

Mission

HOSPITAL AND CLINIC PATIENT SERVICE

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $811,575
Program Service Revenue $20,750,735
Investment Income $0
Other Revenue $1,326
TOTAL REVENUE $21,563,636

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,369,314
Fundraising Expenses $0
Program Expenses $14,462,678
Other Expenses $12,056,476
TOTAL EXPENSES $19,425,790

Year-over-Year Comparison

2024 2023 Change
Revenue $21,563,636 $19,238,379 +0.1%
Expenses $19,425,790 $19,194,063 +0.0%
Net Income $2,137,846 $44,316 +47.2%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
3
$1,478,451
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D LEE ARMISTEAD BOARD MEMBER 1.00
Director
$0 $0 $0
RUBY SINGLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SEKETHA MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA SKELTON BOARD MEMBER 1.00
Director
$0 $0 $0
CLIFF BRYAN BOARD MEMBER 1.00
Director
$0 $0 $0
DUANE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
S TODD LOWERY BOARD MEMBER 1.00
Director
$0 $0 $0
D LARKIN KENNEDY OFFICER 1.00
Officer
$0 $59,495 $714,433
J ALLEN TYRA OFFICER 1.00
Officer
$0 $27,669 $396,446
DAVID BUTLER OFFICER 1.00
Officer
$0 $20,860 $367,572
FREDERICK DUGGAN MD FORMER OFFICER 0.00
$0 $32,089 $470,098
KATHERINE HENSLEIGH MD FORMER HIGHEST COMP - PHYSICIAN 0.00
$0 $12,814 $309,225
PERRY WALLACE MD FORMER HIGHEST COMP - PHYSICIAN 0.00
$0 $15,413 $237,600
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 $21,563,636 $19,425,790 $14,924,233 $2,137,846
2023 $19,238,379 $19,194,063 $14,053,743 $44,316
2022 $19,334,027 $18,156,821 $12,754,133 $1,177,206
2021 $22,387,439 $19,455,330 $18,065,058 $2,932,109
2020 $19,170,258 $17,995,802 $30,145,280 $1,174,456
2019 $14,277,714 $17,177,252 $22,071,957 $-2,899,538
2018 $17,652,429 $17,500,213 $6,275,240 $152,216
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