MELISSA MEMORIAL HOSPITAL CORPORATION (EIN 743173873) - 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

2006

Legal Domicile

Principal Officer

MICHAEL HASSELL

Phone

9708542241

Tax Period

2024-01-01 to 2024-12-31

MELISSA MEMORIAL HOSPITAL CORPORATION, founded in 2006, is a small nonprofit in the Health Care sector that reported $698K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $663K left a modest 5% surplus.

Mission

TO PURCHASE, LEASE OR ACQUIRE REAL ESTATE AND TO CONSTRUCT AND INSTALL ALL PUBLIC IMPROVEMENTS FOR THE USE AND BENEFIT OF EAST PHILLIPS COUNTY HOSPITAL DISTRICT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $698,012

Investment Income $0

Other Revenue $0

TOTAL REVENUE $698,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $662,652

Other Expenses $662,652

TOTAL EXPENSES $662,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$698,012	$485,094	+0.4%
Expenses	$662,652	$451,972	+0.5%
Net Income	$35,360	$33,122	+0.1%

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

Governance

Voting Members

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

$676,211

Total Directors

$676,211

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HASSELL	PRESIDENT	1.00	Officer Director	$0	$21,247	$305,285
ANGELA ST JOHN	VICE PRESIDE	1.00	Officer Director	$0	$14,448	$200,920
JIMMIE BAILEY III	SECRETARY/TR	1.00	Officer Director	$0	$18,222	$170,006

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	$698,012	$662,652	$7,062,927	$35,360
2023	$485,094	$451,972	$7,740,954	$33,122
2022	$483,168	$450,003	$8,353,065	$33,165
2021	$534,693	$510,771	$8,986,936	$23,922
2020	$506,842	$508,137	$9,583,468	$-1,295
2019	$527,250	$487,645	$10,186,621	$39,605
2018	$666,757	$506,309	$10,709,362	$160,448

MELISSA MEMORIAL HOSPITAL CORPORATION