HENDERSON MEMORIAL HOSPITAL FOUNDATION (EIN 752901000) - 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

2001

Legal Domicile

Principal Officer

JON JOHNSTON

Phone

9036581740

Tax Period

2021-01-01 to 2021-12-31

HENDERSON MEMORIAL HOSPITAL FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $719K in total revenue in fiscal year 2021. Revenue surged 251% from the prior year, signaling strong growth momentum. The organization ran a surplus of $546K, a strong 76% operating margin.

Mission

THE FOUNDATION SUPPORTS THE LOCAL COMMUNITY OF HENDERSON TEXAS BY OFFERING SCHOLARSHIPS TO NURSING STUDENTS AND OTHER CONTRIBUTIONS TO CHARITABLE COMMUNITY ORGANIZATIONS THROUGH DONATIONS AND INVESTMENT INCOME.

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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 (2021)

Revenue Breakdown

Contributions & Grants $8,045

Program Service Revenue $0

Investment Income $357,633

Other Revenue $353,245

TOTAL REVENUE $718,923

Expense Breakdown

Grants Paid $129,258

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,258

Other Expenses $43,879

TOTAL EXPENSES $173,137

Year-over-Year Comparison

	2021	2020	Change
Revenue	$718,923	$204,637	+2.5%
Expenses	$173,137	$149,707	+0.2%
Net Income	$545,786	$54,930	+8.9%

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

100

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
JON JOHNSTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHNNY FOSTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL MARSHALL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN BALLARD	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MONTY BONNER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
KRISSY CHASTAIN	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
SHANNON COATS	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
WILLIAM COOPER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
EVELYN CRAIG	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
LINDA CRAIG	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ADAM DUEY	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JARROD FINLEY	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
RONALD FRANKS	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JAN LEE	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MARK LEITNER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
BILL PRESTON	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ROGER SESSIONS MD	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ANDY VINSON	BOARD OF DIRECTORS	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
2021	$718,923	$173,137	$4,041,417	$545,786
2020	$204,637	$149,707	$3,569,219	$54,930
2019	$311,467	$249,692	$3,260,639	$61,775
2019	$310,958	$56,155	$2,482,852	$254,803
2018	$187,488	$84,717	$2,313,966	$102,771

HENDERSON MEMORIAL HOSPITAL FOUNDATION