FORT SMITH, AR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPARKS REGIONAL MEDICAL CENTER, founded in 1999, is a micro nonprofit in the Health Care sector that reported $30K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 51% operating margin.
MAKING LIFE HEALTHIER - FOR OUR PATIENTS AND OUR ENTIRE COMMUNITY, INCLUDING CHARITY CARE, COMMUNITY BENEFIT SERVICES, RESEARCH AND COMMUNITY BUILDING EFFORTS.
SPARKS IS A COMMUNITY HOSPITAL THAT SOLD THE FIXED ASSETS AND INVENTORY TO HEALTH MANAGEMENT ASSOCIATES (HMA) ON NOVEMBER 30, 2009 AND RETAINED THE PATIENT ACCOUNTS RECEIVABLE AND LIABILITIES. SPARKS...
SPARKS IS A COMMUNITY HOSPITAL THAT SOLD THE FIXED ASSETS AND INVENTORY TO HEALTH MANAGEMENT ASSOCIATES (HMA) ON NOVEMBER 30, 2009 AND RETAINED THE PATIENT ACCOUNTS RECEIVABLE AND LIABILITIES. SPARKS CONTINUES TO UNWIND THE OLD BUSINESS BY LIQUIDATING THE A/R AND PAYING OFF THE LIABILITIES. ON APRIL 28, 2014 THE BOARD PASSED A RESOLUTION TO CONTRIBUTE UP TO $50,000,000 AS A RESTRICTED CONTRIBUTION IN SUPPORT OF DEVELOPING AN INSTITUTION OF HEALTH EDUCATION. ALL ASSETS THAT REMAIN FOLLOWING THE COMPLETED UNWINDING OF THE OLD HOSPITAL BUSINESS WILL BE GIFTED TO SUPPORT AN INSTITUTION OF HEALTH EDUCATION.AS NOTED IN PREVIOUS FILINGS, THE ORGANIZATION EXPECTS TO DISSOLVE FOLLOWING COMPLETE UNWINDING OF ALL BUSINESS AND ANY REMAINING ASSETS WILL BE GIFTED TO ARKANSAS COLLEGES OF HEALTH EDUCATION IN SUPPORT OF AN INSTITUTION OF HEALTH EDUCATION.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $30,285 | $43,333 | -0.3% |
| Expenses | $14,965 | $105,329 | -0.9% |
| Net Income | $15,320 | $-61,996 | -1.2% |
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 |
|---|---|---|---|---|---|---|
| JOHN TAYLOR | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENNY GOODEN | VICE-CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE CARROLL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF BEAUCHAMP | SECRETARY & TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS WEBB | EXECUTIVE DIRECTOR | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $30,285 | $14,965 | $93,368 | $15,320 |
| 2024 | No data | No data | No data | No data |
| 2023 | $95,738 | $158,653 | $140,994 | $-62,915 |
| 2022 | $42,767 | $358,036 | $202,959 | $-315,269 |
| 2021 | $157,071 | $7,183 | $518,228 | $149,888 |
Compare SPARKS REGIONAL MEDICAL CENTER with other nonprofits in Arkansas and across the country.