CRITTENDEN HOSPITAL ASSOCIATION

EIN: 710236932 501(c)(3)

WEST MEMPHIS, AR

Total Revenue
$-5,660,177
Total Expenses
$114,850
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
AR
Principal Officer
A JAN THOMAS
Phone
5017351500
Tax Period
2018-01-01 to 2018-12-31

CRITTENDEN HOSPITAL ASSOCIATION, founded in 1953, is a micro nonprofit that reported $5.7M in total revenue in fiscal year 2018. Revenue fell 4428% from the prior year — a significant decline worth monitoring.

Mission

SINCE THE BANKRUPTCY OF THE HOSPITAL ON 8/25/14, THE ACTIVITY CONSISTS OF PENSION DISSOLUTION, WORKERS COMPENSATION, AND THIRD PARTY SETTLEMENTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-5,703,495
Other Revenue $43,318
TOTAL REVENUE $-5,660,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $92,379
Other Expenses $114,850
TOTAL EXPENSES $114,850

Year-over-Year Comparison

2018 2017 Change
Revenue $-5,660,177 $130,769 -44.3%
Expenses $114,850 $180,047 -0.4%
Net Income $-5,775,027 $-49,278 +116.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NONE NONE 0.0
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
2018 $-5,660,177 $114,850 No data $-5,775,027
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