Memorial Hermann Foundation

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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

1969

Legal Domicile

Principal Officer

DAVID CALLENDER MD

Phone

7133384552

Tax Period

2022-07-01 to 2023-06-30

Memorial Hermann Foundation, founded in 1969, is a mid-sized nonprofit in the Health Care sector that reported $48.7M in total revenue in fiscal year 2022. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18.5M, a strong 38% operating margin.

Mission

MEMORIAL HERMANN HEALTH SYSTEM IS A NONPROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH. OUR VISION IS TO CREATE HEALTHIER COMMUNITIES, NOW AND FOR GENERATIONS TO COME. OUR VALUES ARE COMMUNITY, COMPASSION, CREDIBILITY, AND COURAGE.

Program Service Accomplishments

Program 1

Expenses: $14,604,363

Disbursements to and on behalf of Memorial Hermann Health System and its affiliates for the funding of the purchase of patient-care related equipment, furnishings, and supplies and to fund medical...

Disbursements to and on behalf of Memorial Hermann Health System and its affiliates for the funding of the purchase of patient-care related equipment, furnishings, and supplies and to fund medical programs for the benefit of various operating departments throughout the hospital locations.

Program 2

Expenses: $6,196,606

Disbursements for the benefit of patients, employees, and retired employees of Memorial Hermann Health System and its affiliates who demonstrated a need for financial assistance because of an...

Disbursements for the benefit of patients, employees, and retired employees of Memorial Hermann Health System and its affiliates who demonstrated a need for financial assistance because of an existing or continuing hardship including that of a Federally declared disaster area.

Program 3

Expenses: $2,763,492

Disbursements to and on behalf of Memorial Hermann Health System and its affiliates to fund public, physicians, and employee training programs, health awareness, continuing education, medical...

Disbursements to and on behalf of Memorial Hermann Health System and its affiliates to fund public, physicians, and employee training programs, health awareness, continuing education, medical seminars, Physician Graduate Medical Education Programs, and other medical courses of study.

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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 (2022)

Revenue Breakdown

Contributions & Grants $36,868,833

Program Service Revenue $0

Investment Income $11,621,887

Other Revenue $224,599

TOTAL REVENUE $48,715,319

Expense Breakdown

Grants Paid $20,172,867

Salaries & Benefits $4,010,163

Fundraising Expenses $3,527,451

Program Expenses $23,702,212

Other Expenses $6,002,173

TOTAL EXPENSES $30,185,203

Year-over-Year Comparison

	2022	2021	Change
Revenue	$48,715,319	$27,149,631	+0.8%
Expenses	$30,185,203	$30,452,989	0.0%
Net Income	$18,530,116	$-3,303,358	-6.6%

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

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

$9,370,159

Total Directors

$4,017,427

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David L Callender	President	1.0	Officer Director	$0	$477,530	$4,017,427
Deborah Gordon	Secretary	1.0	Officer	$0	$252,924	$1,870,900
Alec King	Treasurer	1.0	Officer	$0	$237,433	$1,625,762
Anne E Neeson	CEO - Foundation	1.0	Officer	$0	$113,903	$1,163,775
Warren Shea	Assistant Secretary	1.0	Officer	$0	$113,580	$692,295
A Blake Williams	Director	1.0	Director	$0	$0	$0
Amy Pierce	Director	1.0	Director	$0	$0	$0
Brent Secrest	Director	1.0	Director	$0	$0	$0
Caralisa M Simon	Director	1.0	Director	$0	$0	$0
Carin Barth	Director	1.0	Director	$0	$0	$0
D Martin Phillips	Director	1.0	Director	$0	$0	$0
David N Greenberg	Director	1.0	Director	$0	$0	$0
Douglas W Schnitzer	Director	1.0	Director	$0	$0	$0
Ed Emmett	Director	1.0	Director	$0	$0	$0
Edd C Hendee	Director	1.0	Director	$0	$0	$0
Hallie Vanderhider	Director	1.0	Director	$0	$0	$0
Harry N Pefanis	Director	1.0	Director	$0	$0	$0
James J Postl	Director	1.0	Director	$0	$0	$0
James R Smith	Director	1.0	Director	$0	$0	$0
Jo Lynn Falgout	Director	1.0	Director	$0	$0	$0
John Eads	Director	1.0	Director	$0	$0	$0
Kristina H Somerville	Director	1.0	Director	$0	$0	$0
Luis Elizondo-Thomson	Director	1.0	Director	$0	$0	$0
Martin D Beirne	Director	1.0	Director	$0	$0	$0
Melinda Perrin	Director	1.0	Director	$0	$0	$0
Morton A Cohn	Director	1.0	Director	$0	$0	$0
Philamena Baird	Director	1.0	Director	$0	$0	$0
Samuel P Golden	Director	1.0	Director	$0	$0	$0
Scott Holstead	Director	1.0	Director	$0	$0	$0
Shawn Taylor	Director	1.0	Director	$0	$0	$0
Sheridan Williams	Director	1.0	Director	$0	$0	$0
Stephen Fraga	Director	1.0	Director	$0	$0	$0
Stephen M Trauber	Director	1.0	Director	$0	$0	$0
Suzie E Johnson	Director	1.0	Director	$0	$0	$0
Tony Bradfield	Director	1.0	Director	$0	$0	$0
William E King	Director	1.0	Director	$0	$0	$0
Zhanna Golodryga	Director	1.0	Director	$0	$0	$0
Samuel G Pitts	Director	1.0	Director	$0	$0	$0
Myron Blalock	Director	1.0	Director	$0	$0	$0
Michael Jamieson	Director	1.0	Director	$0	$0	$0
Keith Mosing	Director	1.0	Director	$0	$0	$0
Deborah Byers	Director	1.0	Director	$0	$0	$0
Fred Zeidman	Director	1.0	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$48,715,319	$30,185,203	$158,610,863	$18,530,116
2022	$27,149,631	$30,452,989	$138,643,234	$-3,303,358
2021	$56,051,722	$30,995,662	$150,513,781	$25,056,060
2020	$33,729,240	$30,118,047	$128,175,720	$3,611,193
2019	$22,688,670	$21,844,960	$125,008,262	$843,710