IVINSON 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

1982

Legal Domicile

Principal Officer

REBECCA MILLER

Phone

3077554520

Tax Period

2024-07-01 to 2025-06-30

IVINSON MEMORIAL HOSPITAL FOUNDATION, founded in 1982, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $7.3M exceeded revenue, resulting in a 274% operating deficit.

Mission

TO GUARANTEE THE FUTURE OF EXCEPTIONAL HEALTH CARE IN LARAMIE BY ACQUIRING AND MANAGING ASSETS IN SUPPORT OF IVINSON MEMORIAL HOSPITAL.

Program Service Accomplishments

Program 1

Expenses: $7,084,402

TO PROVIDE PROGRAM SUPPORT AND SUPPLIES TO THE VARIOUS DEPARTMENTS IN THE IVINSON MEMORIAL HOSPITAL. THESE DEPARTMENTAL REQUESTS ARE ABOVE AND BEYOND THE FUNDING PROVIDED BY THE HOSPITAL. THE FUNDING...

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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 $1,000,112

Program Service Revenue $0

Investment Income $1,105,891

Other Revenue $-167,460

TOTAL REVENUE $1,938,543

Expense Breakdown

Grants Paid $7,052,495

Salaries & Benefits $0

Fundraising Expenses $23,158

Program Expenses $7,084,402

Other Expenses $201,950

TOTAL EXPENSES $7,254,445

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,938,543	$7,410,378	-0.7%
Expenses	$7,254,445	$1,277,165	+4.7%
Net Income	$-5,315,902	$6,133,213	-1.9%

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

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
JACK BEDESSEM	DIRECTOR	1.00	Director	$0	$0	$0
SHARLEEN CASTLE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE COCA-CARTER	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG COOK	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY CRUM	DIRECTOR	1.00	Director	$0	$0	$0
ROBBIE DARNALL	DIRECTOR	1.00	Director	$0	$0	$0
RANDI DOWNHAM	TREASURER	1.00	Officer Director	$0	$0	$0
BRYAN DUGAS	DIRECTOR	1.00	Director	$0	$0	$0
DOUG FAUS	IMH CEO	1.00	Director	$0	$0	$0
JAMES GEESEY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM GERN	DIRECTOR	1.00	Director	$0	$0	$0
LJ GUTHMANN	DIRECTOR	1.00	Director	$0	$0	$0
KEN HAMILTON	OFFICER AT L	1.00	Officer Director	$0	$0	$0
WALTER HAMMONTREE	DIRECTOR	1.00	Director	$0	$0	$0
NICK HAUSER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KEM KRUEGER	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
THOMAS MANGAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MASELLI	DIRECTOR	1.00	Director	$0	$0	$0
KELLY MILAM	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA MILLER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAN PASMAN	DIRECTOR	1.00	Director	$0	$0	$0
TERRY ROARK	DIRECTOR	1.00	Director	$0	$0	$0
SHERRIE RUBIO-WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
RANDAL SIX	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON SPECHT	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH STEINER	HISTORIAN	1.00	Officer Director	$0	$0	$0
BRAD WALGREN	DIRECTOR	1.00	Director	$0	$0	$0
GUY WARPNESS	DIRECTOR	1.00	Director	$0	$0	$0
KIM WESTBROOK	DIRECTOR	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
2025	$1,938,543	$7,254,445	$24,884,014	$-5,315,902
2024	$7,410,378	$1,277,165	$29,035,462	$6,133,213
2023	$782,316	$1,293,822	$21,926,278	$-511,506
2022	$1,092,400	$1,043,770	$20,696,456	$48,630
2021	$1,397,767	$637,857	$23,048,495	$759,910
2020	$1,312,688	$213,775	$17,564,396	$1,098,913
2020	$1,921,944	$300,759	$18,024,008	$1,621,185
2019	$845,342	$206,293	$16,247,718	$639,049
2018	$879,889	$202,131	$15,515,444	$677,758

IVINSON MEMORIAL HOSPITAL FOUNDATION