RUSH HEALTH SYSTEMS INC

EIN: 640664988 501(c)(3)

MERIDIAN, MS

Total Revenue
$33,461,713
Total Expenses
$33,256,443
Total Assets
$96,851,424
Net Assets
$38,058,314
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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
1981
Legal Domicile
MS
Principal Officer
D LARKIN KENNEDY
Phone
6017039992
Tax Period
2023-01-01 to 2023-12-31

RUSH HEALTH SYSTEMS INC, founded in 1981, is a mid-sized nonprofit that reported $33.5M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year.

Mission

TO PROVIDE SUPPORT TO HEALTH CARE AFFILIATES

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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 (2023)

Revenue Breakdown

Contributions & Grants $26,594
Program Service Revenue $32,630,582
Investment Income $734,628
Other Revenue $69,909
TOTAL REVENUE $33,461,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,526,175
Fundraising Expenses $0
Program Expenses $22,837,956
Other Expenses $19,730,268
TOTAL EXPENSES $33,256,443

Year-over-Year Comparison

2023 2022 Change
Revenue $33,461,713 $41,434,707 -0.2%
Expenses $33,256,443 $43,933,807 -0.2%
Net Income $205,270 $-2,499,100 -1.1%
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
6
Independent Members
3
Employees
N/A
Volunteers
3

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
5
$10,220,510
Total Directors
6
$9,511,087
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER C NOVEMBER BOARD MEMBER 1.00
Officer Director
$0 $852,128 $5,035,779
MICHAEL F HULEFELD MD BOARD MEMBER 1.00
Officer Director
$0 $483,357 $3,788,709
DARRELL WILDMAN BOARD MEMBER 1.00
Director
$0 $0 $0
FAYE MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN GARTRELL BOARD MEMBER 1.00
Director
$0 $0 $0
JOHNATHAN LEE MD BOARD MEMBER 1.00
Director
$0 $29,374 $686,599
D LARKIN KENNEDY CEO - OCHSNER RUSH HEALTH 50.00
Officer
$0 $54,090 $669,893
J ALLEN TYRA CEO - OCHSNER RUSH MEDICAL CENTER 50.00
Officer
$0 $23,546 $374,098
DAVID BUTLER CFO - OCHSNER RUSH HEALTH 50.00
Officer
$0 $21,709 $352,031
FREDERICK DUGGAN MD FORMER OFFICER 0.00
$0 $27,383 $840,103
D SCOTT VINCENT FORMER HIGHEST COMP - AVP HR 40.00
$0 $23,035 $222,317
ASHLEY L COLLENS ROY FORMER HIGHEST COMP - CNO 0.00
$0 $3,170 $194,291
JAMES M NESTER FORMER HIGHEST COMP 0.00
$0 $12,567 $174,606
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 $33,461,713 $33,256,443 $96,851,424 $205,270
2022 $41,434,707 $43,933,807 $124,678,055 $-2,499,100
2021 $58,741,717 $46,288,332 $260,240,483 $12,453,385
2020 $53,020,831 $56,709,025 $193,860,136 $-3,688,194
2019 $41,637,132 $46,410,693 $159,119,258 $-4,773,561
2018 $41,224,422 $41,567,710 $147,375,569 $-343,288
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