MADISON MEMORIAL HOSPITAL FOUNDATI… - Form 990 Financial Data

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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

2004

Legal Domicile

Phone

2083596478

Tax Period

2023-10-01 to 2024-09-30

MADISON MEMORIAL HOSPITAL FOUNDATION INC, founded in 2004, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $70K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 99% operating margin.

Mission

SUPPORT THE ACTIVITIES OF MADISON MEMORIAL HOSPITAL, A PUBLIC AND COUNTY OWNED HOSPITAL, AND ASSIST IN THE EXPANSION AND IMPROVEMENTS OF THE FACILITIES.

Program Service Accomplishments

Program 1

PROVIDED SUPPORT TO MADISON MEMORIAL HOSPITAL BY RAISING FUNDS TO USE FOR DIFFERENT FUTURE NEEDS OF THE HOSPITAL.

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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 $4,838

Program Service Revenue $0

Investment Income $12,383

Other Revenue $53,077

TOTAL REVENUE $70,298

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $674

TOTAL EXPENSES $674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,298	$62,963	+0.1%
Expenses	$674	$9,740	-0.9%
Net Income	$69,624	$53,223	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHA BJORNN	Director	1.00	Director	$0	$0	$0
SHELLY BLANCHARD	Director	0.00	Director	$0	$0	$0
TERRI BARTON	Director	1.00	Director	$0	$0	$0
GALE HARDING	Director	0.00	Director	$0	$0	$0
MARIANNE MERRILL	Director	0.00	Director	$0	$0	$0
DOUG MCBRIDE	Director	0.00	Director	$0	$0	$0
CAMILLE RICKS	Director	0.00	Director	$0	$0	$0
MELISSA RICKS	Director	0.00	Director	$0	$0	$0
BLAIR RIGBY	Director	0.00	Director	$0	$0	$0
TERRY SULLENGER	Director	0.00	Director	$0	$0	$0
SCOTT WHEELER	Director	0.00	Director	$0	$0	$0
LYNN WILCOX	Director	0.00	Director	$0	$0	$0
JULIE GNEITING	Chairman	1.00	Officer	$0	$0	$0
ROXY BRADLEY	Secretary	1.00	Officer	$0	$0	$0
SHARON PIRENTE	Executive Dir.	40.00	Officer	$0	$0	$0
SUSAN MENDENHALL	Treasurer	0.00	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
2025	No data	No data	No data	No data
2024	$70,298	$674	$504,085	$69,624

MADISON MEMORIAL HOSPITAL FOUNDATION INC