BAPTIST MEMORIAL HOSPITAL-DESOTO INC (EIN 640682111) - 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

1982

Legal Domicile

Principal Officer

JASON M LITTLE

Phone

6627724000

Tax Period

2023-10-01 to 2024-09-30

BAPTIST MEMORIAL HOSPITAL-DESOTO INC, founded in 1982, is a major nonprofit in the Health Care sector that reported $357.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $316.8M left a modest 11% surplus.

Mission

BAPTIST MEMORIAL HOSPITAL-DESOTO, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE.

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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 $169,725

Program Service Revenue $354,721,615

Investment Income $124,068

Other Revenue $1,946,812

TOTAL REVENUE $356,962,220

Expense Breakdown

Grants Paid $1,025

Salaries & Benefits $135,619,245

Fundraising Expenses $0

Program Expenses $294,683,164

Other Expenses $181,186,335

TOTAL EXPENSES $316,806,605

Year-over-Year Comparison

	2023	2022	Change
Revenue	$356,962,220	$318,597,465	+0.1%
Expenses	$316,806,605	$321,636,055	0.0%
Net Income	$40,155,615	$-3,038,590	-14.2%

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

2455

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

$7,107,710

Total Directors

$4,261,262

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARIE SZATKOWSKI MD	DIRECTOR	0.23	Director	$0	$92,002	$1,571,032
GARY C ANDERSON	DIRECTOR (THRU 12/23)/VICE PRESIDENT	0.23	Officer Director	$0	$88,606	$1,300,745
EDWIN P CADE	DIRECTOR	0.23	Director	$0	$105,548	$723,056
CARY FINN MD	DIRECTOR	0.23	Director	$0	$67,492	$589,929
RIAD HOMSI MD	DIRECTOR	0.23	Director	$0	$0	$76,500
DALE MORRIS MD	CHAIRMAN	0.23	Director	$0	$0	$0
KRIS AZLIN	DIRECTOR (AS OF 01/24)	0.23	Director	$0	$0	$0
SPENCE WILSON	DIRECTOR (THRU 12/23)	0.23	Director	$0	$0	$0
JASON M LITTLE	PRESIDENT	0.23	Officer	$0	$108,222	$3,155,218
GREGORY M DUCKETT	SECRETARY	0.23	Officer	$0	$90,318	$1,346,501
HARVEY MASON MD	CMO	37.41	Officer	$387,158	$34,007	$457,529
BRIAN K HOGAN	CEO	40.00	Officer	$0	$59,997	$376,965
JOE MCWHERTER	CFO	40.00	Officer	$203,323	$41,334	$244,657
RANDY WHITE	CNO	40.00	Officer	$182,953	$43,142	$226,095
KEVIN L BRONSON	CHIEF PHYSICIST	40.00	Highest	$258,240	$46,259	$304,499
OCTAVIUS D IVY	ASSOCIATE ADMINISTRATOR	40.00	Highest	$182,177	$39,423	$221,600
GWENDOLYN D COACH	REGISTERED NURSE	40.00	Highest	$190,181	$7	$190,188
BRIANA L WILSON	REGISTERED NURSE	40.00	Highest	$187,671	$13	$187,684
CINDY RILEY	REGISTERED NURSE	40.00	Highest	$185,386	$13	$185,399
PAUL D DEPRIEST MD	FORMER VICE PRESIDENT	0.00		$0	$85,100	$2,156,966

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	$356,962,220	$316,806,605	$290,293,538	$40,155,615
2023	$318,597,465	$321,636,055	$318,585,433	$-3,038,590
2022	$312,064,572	$316,824,341	$329,147,355	$-4,759,769
2021	$325,995,167	$308,363,122	$381,918,328	$17,632,045
2020	$314,773,873	$296,144,440	$387,026,074	$18,629,433
2019	$291,188,268	$270,675,042	$294,824,073	$20,513,226
2018	$286,068,658	$256,338,932	$297,045,510	$29,729,726

BAPTIST MEMORIAL HOSPITAL-DESOTO INC