MARSHALL HOSPITAL 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

1995

Legal Domicile

Principal Officer

MICHAEL CHEEK

Phone

9039276982

Tax Period

2024-07-01 to 2025-06-30

MARSHALL HOSPITAL FOUNDATION, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $114K in total revenue in fiscal year 2024. Revenue surged 466% from the prior year, signaling strong growth momentum. The organization ran a surplus of $113K, a strong 99% operating margin.

Mission

IT IS THE MISSION OF THE MARSHALL HOSPITAL FOUNDATION TO PROMOTE GROWTH OF GSMC-MARSHALL THROUGH A BROAD-BASED PROGRAM OF FUNDING AND TO SUPPORT THE HOSPITALS MISSION TO IDENTIFY AND PROVIDE EXEMPLARY HEALTHCARE IN A SAFE AND CARING ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE MARSHALL HOSPITAL FOUNDATION IS A 501( C)(3) CHARITABLE FOUNDATION THAT WAS FOUNDED IN 1995. THE PEOPLE OF HARRISON COUNTY AND THE SURROUNDING AREA DESERVE QUALITY MEDICAL RESOURCES. THROUGH A...

THE MARSHALL HOSPITAL FOUNDATION IS A 501( C)(3) CHARITABLE FOUNDATION THAT WAS FOUNDED IN 1995. THE PEOPLE OF HARRISON COUNTY AND THE SURROUNDING AREA DESERVE QUALITY MEDICAL RESOURCES. THROUGH A BROAD-BASED PROGRAM OF FUNDING, THE FOUNDATION EXISTS TO PROMOTE GROWTH OF THE MEDICAL CENTER. THE BOARD'S MISSION OF MARSHALL HOSPITAL FOUNDATION IS TO PROVIDE SUPPORT FOR GOOD SHEPHERD MEDICAL CENTER-MARSHALL BY GENERATING, SOLICITING AND RECEIVING FUNDS, GIFTS, AND BEQUESTS THAT ASSIST IN CARRYING OUT BENEFICIAL HEALTH CARE ACTIVITIES AS GSMC MARSHALL. MARSHALL HOSPITAL FOUNDATION IS TO SUPPORT GOOD SHEPHERD MEDICAL CENTER-MARSHALL IN ITS EFFORTS TO IMPROVE THE HEALTH AND MEDICAL SERVICES OF CASS AND MARION COUNTY COMMUNITIES. THE FOUNDATION PROVIDES ASSISTANCE WITH THE RESOURCES AVAILABLE FOR THE MAINTENANCE AND IMPROVEMENT OF THE MEDICAL CENTER'S CURRENT FACILITIES AND SERVICES. THE MARSHALL HOSPITAL FOUNDATION IS A 501( C)(3) CHARITABLE INSTIUTION GOVERNED BY A BOARD OF TRUSTEES COMMITTED TO: - RECEIVING AND MAINTAINING FUNDS FOR MEETING THE HEALTHCARE NEEDS OF THE RESIDENTS OF OUR AREA. - SUPPORTING MEDICAL EDUCATION THROUGH THE POLLY CARGILL NURSING SCHOLARSHIP. - ENGAGING IN GENERAL HEALTHCARE INSTRUCTION TO THE GENERAL PUBLIC. - APPLYING FOR GRANTS.

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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 $72,742

Program Service Revenue $0

Investment Income $1,004

Other Revenue $39,811

TOTAL REVENUE $113,557

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $812

Program Expenses $0

Other Expenses $812

TOTAL EXPENSES $812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,557	$20,048	+4.7%
Expenses	$812	$10,871	-0.9%
Net Income	$112,745	$9,177	+11.3%

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

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

$1,051,753

Total Directors

$907,014

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD HANCOCK	PRESIDENT/CEO	1.0	Officer Director	$0	$58,388	$907,014
SUSAN WARD	EXEC. DIR.	5.0	Officer	$0	$21,817	$144,739
GLEN BICKERDIKE	DIRECTOR	1.0	Director	$0	$0	$0
BRENDA BROWN	DIRECTOR	1.0	Director	$0	$0	$0
JIM HARRIS MD	DIRECTOR	1.0	Director	$0	$0	$0
FLOSSIE JASPER	SECRETARY	1.0	Officer Director	$0	$0	$0
WENDY MCDONALD	DIRECTOR	1.0	Director	$0	$0	$0
CARL ROTH	DIRECTOR	1.0	Director	$0	$0	$0
DAVID TITUS	TREASURER	1.0	Officer Director	$0	$0	$0
AMANDA WYNN	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	$113,557	$812	$379,546	$112,745
2024	No data	No data	No data	No data
2023	$54,922	$518	$265,924	$54,404
2022	$35,434	$403	$202,244	$35,031
2021	$72,301	$340,857	$160,402	$-268,556
2020	$77,884	$308,027	$430,793	$-230,143