ROY HLAIRD MEMORIAL HOSPITAL FOUNDATION INC (EIN 752660554) - 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

1994

Legal Domicile

Principal Officer

PAM DECEAULT

Phone

9034524472

Tax Period

2023-01-01 to 2023-12-31

ROY HLAIRD MEMORIAL HOSPITAL FOUNDATION INC, founded in 1994, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $5.8M exceeded revenue, resulting in a 333% operating deficit.

Mission

PROMOTING, FOSTERING, FACILITATING, AND SUPPORTING INDIGENT AND GENERAL HEALTH CARE SERVICES IN THE CITY OF KILGORE AND ITS SURROUNDING AREAS, IN THE NAME OF ROY H. LAIRD, DECEASED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,037,356

Program Service Revenue $0

Investment Income $296,469

Other Revenue $4,415

TOTAL REVENUE $1,338,240

Expense Breakdown

Grants Paid $5,740,424

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,740,424

Other Expenses $48,322

TOTAL EXPENSES $5,788,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,338,240	$1,133,701	+0.2%
Expenses	$5,788,746	$962,552	+5.0%
Net Income	$-4,450,506	$171,149	-27.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS H BROWN	President	1.00	Officer Director	$0	$0	$0
PAT MCCRORY	Vice President	1.00	Officer Director	$0	$0	$0
PAM DECEAULT	Treasurer	1.00	Officer Director	$0	$0	$0
EVELYN BOLDING	Secretary	1.00	Officer Director	$0	$0	$0
JANIE EDMONDS	Trustee	1.00	Director	$0	$0	$0
JANIE DICKERSON	Trustee	1.00	Director	$0	$0	$0
WILBUR YATES	Trustee	1.00	Director	$0	$0	$0
SHERRY BUSTIN	Trustee	1.00	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
2024	No data	No data	No data	No data
2023	$1,338,240	$5,788,746	$5,725,311	$-4,450,506
2022	$1,133,701	$962,552	$9,402,174	$171,149
2021	$806,351	$139,789	$10,885,918	$666,562
2020	$1,143,982	$125,327	$9,373,830	$1,018,655
2019	$992,675	$116,432	$8,056,750	$876,243
2018	$1,217,944	$259,498	$6,557,909	$958,446

ROY HLAIRD MEMORIAL HOSPITAL FOUNDATION INC