COMMUNITY HOSPITAL ANDERSON FOUNDATION INC (EIN 861053152) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

TOM BANNON

Phone

7652985133

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY HOSPITAL ANDERSON FOUNDATION INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $806K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $3.2M exceeded revenue, resulting in a 298% operating deficit.

Mission

COMMUNITY HOSPITAL ANDERSON FOUNDATION, INC. IS ENGAGED IN FUND RAISING ACTIVITIES TO ACQUIRE MONIES TO FURTHER THE PURPOSES AND MISSION OF COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. IN PROVIDING QUALITY MEDICAL CARE AND TREATMENT TO CITIZENS OF ANDERSON AND MADISON COUNTY, INDIANA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $477,242

Program Service Revenue $0

Investment Income $341,998

Other Revenue $-13,094

TOTAL REVENUE $806,146

Expense Breakdown

Grants Paid $2,665,772

Salaries & Benefits $372,005

Fundraising Expenses $0

Program Expenses $2,695,435

Other Expenses $168,708

TOTAL EXPENSES $3,206,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	$806,146	$590,693	+0.4%
Expenses	$3,206,485	$1,584,585	+1.0%
Net Income	$-2,400,339	$-993,892	+1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$315,006

Total Directors

$1,315,623

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH S THARP MBA BSN RN	DIRECTOR	1.00	Director	$0	$299,033	$842,307
TERESA QUANT-CALLENDAR MD	DIRECTOR	1.00	Director	$0	$80,079	$376,268
TOM BANNON	CHIEF FOUNDATION OFFICER	31.00	Officer	$155,560	$92,777	$315,006
IVY WALSH	DIRECTOR	1.00	Director	$0	$41,646	$97,048
ERIC DAVIS PHD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DUDLEY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
LUCINDA MCCORD	DIRECTOR	1.00	Director	$0	$0	$0
LINDA J MILLER	DIRECTOR THROUGH OCTOBER 2023	1.00	Director	$0	$0	$0
MIKE MONTGOMERY	DIRECTOR	1.00	Director	$0	$0	$0
BEN ORCUTT	DIRECTOR	1.00	Director	$0	$0	$0
LEROY QUASHIE PHD	DIRECTOR	1.00	Director	$0	$0	$0
AARON REGER	TREASURER	1.00	Officer Director	$0	$0	$0
JESSE REYNOLDS PHD	SECRETARY	1.00	Officer Director	$0	$0	$0
NANCY RICKER	DIRECTOR	1.00	Director	$0	$0	$0
KIM TOWNSEND	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KEITH TRENT	CHAIR	1.00	Officer Director	$0	$0	$0
BILL WATSON	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
DAN YATES	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
2024	No data	No data	No data	No data
2023	$806,146	$3,206,485	$15,480,798	$-2,400,339
2022	$590,693	$1,584,585	$16,064,799	$-993,892
2021	$2,831,740	$855,071	$18,878,437	$1,976,669
2020	$156,234	$773,930	$16,744,155	$-617,696
2019	$13,194,620	$904,926	$15,489,120	$12,289,694
2018	$902,095	$871,116	$2,789,732	$30,979

COMMUNITY HOSPITAL ANDERSON FOUNDATION INC