MERIDIAN PARK MEDICAL FOUNDATION (EIN 930773410) - 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

1979

Legal Domicile

Principal Officer

GAYNOR HILLS

Phone

5034155600

Tax Period

2020-04-01 to 2021-03-31

MERIDIAN PARK MEDICAL FOUNDATION, founded in 1979, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2020. The organization ran a surplus of $3.6M, a strong 94% operating margin.

Mission

Meridian Park Medical Foundation's mission is to advance the patient care, education and technology in medical science at Legacy Meridian Park Hospital. It also encourages charitable giving and provides faithful stewardship of the community's philanthropy.

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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 (2020)

Revenue Breakdown

Contributions & Grants $664,985

Program Service Revenue $0

Investment Income $3,136,891

Other Revenue $-131

TOTAL REVENUE $3,801,745

Expense Breakdown

Grants Paid $223,092

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $223,092

Other Expenses $0

TOTAL EXPENSES $223,092

Year-over-Year Comparison

	2020	2019	Change
Revenue	$3,801,745	$-659,479	-6.8%
Expenses	$223,092	$299,242	-0.3%
Net Income	$3,578,653	$-958,721	-4.7%

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

$524,729

Total Directors

$1,759,711

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN E AVERY	EX-OFFICIO	1.00	Director	$0	$97,140	$785,503
MAUREEN A BRADLEY	EX-OFFICIO	1.00	Director	$0	$73,838	$462,793
ANNE T GREER	FORMER OFFICER	0.00		$0	$60,712	$414,388
J MICHAEL SCHULTZ	EX-OFFICIO	16.00	Officer Director	$0	$45,220	$276,471
JENNIFER NEW	ASST. TREASURER	1.00	Officer	$0	$30,688	$248,258
SEAN S HARPER MD	Trustee	1.00	Director	$0	$29,900	$234,944
MICHAEL E NELSON	Trustee	1.00	Director	$0	$0	$0
MICHELLE C GARCIA	Treasurer	1.00	Officer Director	$0	$0	$0
KRISTI A HALVORSON	Trustee	1.00	Director	$0	$0	$0
LEAH D MURRAY	Chairman	1.00	Officer Director	$0	$0	$0
KATHLEEN C LEVEE	Trustee	1.00	Director	$0	$0	$0
DARIN T STEGEMOLLER	Trustee	1.00	Director	$0	$0	$0
BILL BEEBE	Trustee	1.00	Director	$0	$0	$0
TERI L OELRICH	Trustee	1.00	Director	$0	$0	$0
WILLIAM C JORDAN DMD	Trustee	1.00	Director	$0	$0	$0
PETER M YORK	Chairman	1.00	Officer Director	$0	$0	$0
SHAWN M NARANCICH	Vice Chair	1.00	Officer Director	$0	$0	$0
ANNE M VAN DER LINDEN	Secretary	1.00	Officer 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	$3,801,745	$223,092	No data	$3,578,653
2020	$-659,479	$299,242	$7,790,841	$-958,721
2019	$501,950	$190,202	$11,485,794	$311,748
2018	$1,107,978	$148,224	$11,219,469	$959,754

MERIDIAN PARK MEDICAL FOUNDATION