Clay County Memorial Hospital Foundation (EIN 752425436) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Phone

9405385621

Tax Period

2023-01-01 to 2023-12-31

Clay County Memorial Hospital Foundation, founded in 1992, is a small nonprofit that reported $267K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 322% operating deficit.

Mission

THIS CORPORATION IS ORGANIZED TO PROVIDE FINANCIAL SUPPORT TO CLAY COUNTY MEMORIAL HOSPITAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $57,531

Program Service Revenue $109,024

Investment Income $88,206

Other Revenue $12,150

TOTAL REVENUE $266,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,051,465

Fundraising Expenses $7,242

Program Expenses $1,113,811

Other Expenses $74,576

TOTAL EXPENSES $1,126,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$266,911	$152,169	+0.8%
Expenses	$1,126,041	$5,758,781	-0.8%
Net Income	$-859,130	$-5,606,612	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

115

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Secretary	0.8	Officer Director	$0	$0	$0
N/A	Vice-Chair	0.8	Officer Director	$0	$0	$0
N/A	Chair	0.8	Officer Director	$0	$0	$0
N/A	DIRECTOR	0.4	Director	$0	$0	$0
N/A	DIRECTOR	0.8	Director	$0	$0	$0
N/A	DIRECTOR	0.4	Director	$0	$0	$0
N/A	DIRECTOR	0.2	Director	$0	$0	$0
N/A	DIRECTOR	0.4	Director	$0	$0	$0
N/A	Interim CEO	0.3	Officer	$0	$0	$0
N/A	CEO Start: 12/2023	0.3	Officer	$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
2024	No data	No data	No data	No data
2023	$266,911	$1,126,041	$2,952,884	$-859,130
2022	$152,169	$5,758,781	$3,752,888	$-5,606,612
2021	$6,143,421	$5,090,428	$3,909,735	$1,052,993
2020	$4,769,122	$6,053,671	$2,567,187	$-1,284,549
2019	$4,694,238	$4,592,295	$2,966,070	$101,943
2018	$4,764,874	$4,554,703	$2,827,119	$210,171

Clay County Memorial Hospital Foundation