Hanford Community Hospital dba Adventist Health Hanford (EIN 940535360) - 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

1956

Legal Domicile

Principal Officer

Wells Jason

Phone

5595829000

Tax Period

2024-01-01 to 2024-12-31

Hanford Community Hospital dba Adventist Health Hanford, founded in 1956, is a major nonprofit in the Health Care sector that reported $497.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $428.1M left a modest 14% surplus.

Mission

Living Gods love by inspiring health, wholeness and hope.

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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 $11,025,460

Program Service Revenue $450,133,792

Investment Income $36,810,270

Other Revenue $-77,353

TOTAL REVENUE $497,892,169

Expense Breakdown

Grants Paid $2,412,171

Salaries & Benefits $173,164,366

Fundraising Expenses $205,561

Program Expenses $348,511,098

Other Expenses $252,544,960

TOTAL EXPENSES $428,121,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$497,892,169	$447,422,292	+0.1%
Expenses	$428,121,497	$388,688,527	+0.1%
Net Income	$69,770,672	$58,733,765	+0.2%

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

2168

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

$16,156,181

Total Directors

$6,800,226

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Heinrich Kerry	Director/CEO	0.00	Officer Director	$0	$57,975	$4,032,170
Hofheins Todd	COO/Vice Chair	0.00	Officer Director	$0	$65,992	$2,473,667
Beaman John	CFO/Asst Secty	0.00	Officer	$0	$79,808	$2,060,669
Stevens Eric eff 724	President	0.00	Officer	$0	$57,975	$1,944,121
Nahapetian Arby	Former Care Div Med Off thru 02/22	0.00		$0	$79,808	$1,839,066
Wells Jason	President	10.00	Officer	$0	$79,808	$1,622,864
Jobe Meredith	Secretary	0.00	Officer	$0	$57,975	$1,279,079
Kofl Andrea thru 124	Ctrl Vally Pres	12.50	Officer	$0	$54,194	$1,140,021
Jamaleddine Ghassan	Medical Officer	8.30		$0	$79,808	$962,196
Ayala Rual	Ambulatory Medical Officer, CVN	8.30		$0	$36,137	$856,691
Haydock Timothy	Treas/Asst Sec	8.30	Officer	$0	$79,808	$807,126
Cox Shane thru 724	Treasurer	16.70	Officer	$0	$56,832	$796,464
Jahn Andrew	Former Care Div Pres thru 02/22	0.00		$0	$17,097	$753,866
Reyna Sonja	Ambulatory Executive	8.30		$0	$40,807	$669,593
Van Housen Heather	Patient Care Executive	8.30		$0	$63,003	$652,728
Tomono Olga	Business Dev Exec eff 11/24/24	8.30		$0	$14,186	$535,730
Tomono Christopher	Partnership Executive	8.30		$0	$79,636	$528,097
Taggart Laurie	Patient Care Exec	40.00		$0	$44,381	$528,016
Day Lauren	Philanthropy Executive, CVN	12.50		$0	$84,253	$440,506
Abukhazneh Ahmed	Dir,Pharmacy	40.00		$321,035	$47,675	$368,710
Lin Lihong	Nurse Practitioner	40.00		$286,347	$29,165	$315,512
Duyst Jennifer	Admin Director, Clinics & Strategy	25.00		$0	$33,672	$311,331
Lally-DeAlba Mary	Assoc Patient Care	50.00		$260,592	$40,653	$301,245
Jones Larry	Admin Director, Ancillary Serv, CVN	12.50		$0	$44,212	$289,557
Warren Oksun	RN	40.00		$254,850	$23,389	$278,239
Wing Bill	Former Dir/Asst Sec/VChair thru1/22	0.00		$0	$0	$273,263
Santillana Melissa	Nurse Practitioner	40.00		$238,935	$20,965	$259,900
Freedman John	Dir/Chair	0.00	Director	$0	$0	$27,203
Newton Bradford	Dir/Vice Chair	0.00	Director	$0	$0	$26,939
Cherry Robert	Director	0.00	Director	$0	$0	$26,611
Davis Andrew	Director	0.00	Director	$0	$0	$26,611
Innocent Larry	Director	0.00	Director	$0	$0	$26,611
Reiner Richard	Director	0.00	Director	$0	$0	$26,611
Wagner Jack	Director	0.00	Director	$0	$0	$21,611
Woodson Marc	Director	0.00	Director	$0	$0	$21,611
SalazarVelino thru924	Director	0.00	Director	$0	$0	$21,181
Fehr Joy	Director	0.00	Director	$0	$0	$18,680
Beckett Ann	Director	0.00	Director	$0	$0	$17,930
Jutsy Kenneth	Director	0.00	Director	$0	$0	$16,180
Daggett Jonathan	Director	0.00	Director	$0	$0	$16,180
Cress John eff 1024	Director	0.00	Director	$0	$0	$430
Thordarson Heidar	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
2024	$497,892,169	$428,121,497	$876,893,879	$69,770,672
2023	$447,422,292	$388,688,527	$806,386,854	$58,733,765
2022	$369,353,548	$370,572,290	$722,212,194	$-1,218,742
2021	$434,720,508	$356,684,768	$758,470,622	$78,035,740
2020	$357,433,006	$331,570,051	$693,605,130	$25,862,955
2019	$344,281,263	$293,131,507	$670,517,562	$51,149,756
2018	$318,647,078	$285,987,368	$609,397,483	$32,659,710

Hanford Community Hospital dba Adventist Health Hanford