Weatherford Regional Hospital

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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

1960

Legal Domicile

Phone

5807725551

Tax Period

2023-10-01 to 2024-09-30

Weatherford Regional Hospital, founded in 1960, is a small nonprofit that reported $219K in total revenue in fiscal year 2023. Expenses of $802K exceeded revenue, resulting in a 266% operating deficit.

Mission

THE MISSION OF THE HOSPITAL IS TO CREATE AN ENVIRONMENT WHERE HEALING CAN OCCUR AND WELLNESS IS PROMOTED.

Program Service Accomplishments

Program 1

Expenses: $801,766 Revenue: $219,281

WEATHERFORD REGIONAL HOSPITAL INC (WRHI) HAS A LEASE AGREEMENT WITH WEATHERFORD HOSPITAL AUTHORITY (WHA). THE OFFICERS AND DIRECTORS OF WRHI ARE ALL OFFICERS AND DIRECTORS OF WEATHERFORD HOSPITAL...

WEATHERFORD REGIONAL HOSPITAL INC (WRHI) HAS A LEASE AGREEMENT WITH WEATHERFORD HOSPITAL AUTHORITY (WHA). THE OFFICERS AND DIRECTORS OF WRHI ARE ALL OFFICERS AND DIRECTORS OF WEATHERFORD HOSPITAL AUTHORITY. THIS LEASE WAS EXECUTED ON 6/9/2017. THE TERMS OF THE LEASE WERE ESTABLISHED TO REIMBURSE WRHI FOR THE ANNUAL INTEREST AND PRINCIPAL OF THE USDA FINANCING OBTAINED RELATED TO THE HOSPITAL ASSETS OF WHA. THE LEASE WAS ALSO ESTABLISHED AS A PART OF THE REFINANCING RELATED TO THE ASSETS OF THE WHA. THE TERMS OF THE LEASE ARE DESIGNED TO COVER THE ANNUAL USDA FINANCING COSTS WITHOUT DISCOUNT OR PROFIT.

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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 $0

Program Service Revenue $219,281

Investment Income $0

Other Revenue $0

TOTAL REVENUE $219,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $801,766

Other Expenses $801,766

TOTAL EXPENSES $801,766

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,281	$208,734	+0.1%
Expenses	$801,766	$773,223	+0.0%
Net Income	$-582,485	$-564,489	+0.0%

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

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
BRAD E BERRONG	SECRETARY/TREASURER	0.1	Officer Director	$0	$0	$0
Cody Bell	VICE CHAIRMan	0.1	Officer Director	$0	$0	$0
MARVIN DOUGLAS MISAK	CHAIRMAN	0.1	Officer Director	$0	$0	$0
ANDREW CARRUTH	DIRECTOR	0.1	Director	$0	$0	$0
BLAKE BADGETT	DIRECTOR	0.1	Director	$0	$0	$0
Elissa Saunders	DIRECTOR	0.1	Director	$0	$0	$0
Lucinda Carmichael	DIRECTOR	0.1	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	$219,281	$801,766	$13,528,363	$-582,485
2023	$208,734	$773,223	$14,424,338	$-564,489
2022	$200,984	$943,938	$15,272,577	$-742,954
2021	$220,438	$844,135	$16,335,467	$-623,697
2020	$56,957	$265,576	$17,614,250	$-208,619