BAKERSFIELD MEMORIAL HOSPITAL FOUNDATION (EIN 953555043) - 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

1998

Legal Domicile

Principal Officer

KEN KELLER

Phone

6613271792

Tax Period

2023-07-01 to 2024-06-30

BAKERSFIELD MEMORIAL HOSPITAL FOUNDATION, founded in 1998, is a community nonprofit in the Health Care sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 62% operating margin.

Mission

THE PROCUREMENT AND EXTENSION OF FINANCIAL AID TOWARD THE OPERATION, MAINTENANCE AND MODERNIZATION OF FACILITIES OF MEMORIAL HEALTH SYSTEMS, INC., AND BAKERSFIELD MEMORIAL HOSPITAL ITS AFFILIATED ENTITIES. SO THAT THE GREATEST AMOUNT OF HEALTH CARE SERVICES MAY BE EXTENDED TO THE GREATEST NUMBER OF PERSONS SERVED BY MEMORIAL HEALTH SYSTEMS, INC. AND ITS AFFILIATED ENTITIES. THESE ACTIVITIES MAY BE BROAD IN SCOPE, AND AMONG OTHER THINGS, MAY INCLUDE AN ENDOWMENT FOR MEDICAL RESEARCH, THE ESTABLISHMENT OF MEDICAL AND PARAMEDICAL SCHOLARSHIPS AND THE FUNDING OF PROGRAMS, FACILITIES OR EQUIPMENT TO ENHANCE THE DELIVERY OF HEALTH SERVICES TO THE AREA.

🔒

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 $6,291,151

Program Service Revenue $0

Investment Income $415,030

Other Revenue $89,186

TOTAL REVENUE $6,795,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,022

Fundraising Expenses $286,151

Program Expenses $2,112,985

Other Expenses $2,336,954

TOTAL EXPENSES $2,552,976

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,795,367	$4,511,830	+0.5%
Expenses	$2,552,976	$1,927,439	+0.3%
Net Income	$4,242,391	$2,584,391	+0.6%

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

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
MIKE HAY	CHAIR	0.30	Officer Director	$0	$0	$0
VICTORIA TRICHELLESQ	1ST VICE-CHAIR	0.30	Officer Director	$0	$0	$0
TRACY KISER	IMMEDIATE PAST CHAIR	0.30	Officer Director	$0	$0	$0
JULIE IRVIN	TREASURER	0.30	Officer Director	$0	$0	$0
JAVIER BUSTAMANTE MD	SECRETARY	0.30	Officer Director	$0	$0	$0
KEN KELLER	EX-OFFICIO	0.30	Officer Director	$0	$0	$0
LINDSAY ASHLEY	BOARD MEMBER	0.30	Director	$0	$0	$0
KEN BEURMANN	BOARD MEMBER	0.30	Director	$0	$0	$0
MADHU BHOGAL MD	BOARD MEMBER	0.30	Director	$0	$0	$0
STEPHANIE BOUEY	BOARD MEMBER	0.30	Director	$0	$0	$0
L ROGERS BRANDON	BOARD MEMBER	0.30	Director	$0	$0	$0
GREGORY D BYNUM	BOARD MEMBER	0.30	Director	$0	$0	$0
JIM DAMIAN	BOARD MEMBER	0.30	Director	$0	$0	$0
MELISSA FRANK	BOARD MEMBER	0.30	Director	$0	$0	$0
EDYTA- CHRISTINA GRANT ESQ	BOARD MEMBER	0.30	Director	$0	$0	$0
DUANE KEATHLEY	BOARD MEMBER	0.30	Director	$0	$0	$0
ASHA MUNGER MOFFETT	BOARD MEMBER	0.30	Director	$0	$0	$0
GARRY NELSON	BOARD MEMBER	0.30	Director	$0	$0	$0
JAMES NICKEL	BOARD MEMBER	0.30	Director	$0	$0	$0
MONA PANKEY	BOARD MEMBER	0.30	Director	$0	$0	$0
DOUGLAS PIERCE CPA	BOARD MEMBER	0.30	Director	$0	$0	$0
TUESDY SMALL	BOARD MEMBER	0.30	Director	$0	$0	$0
CALLIE SPITZER-JENKINS	BOARD MEMBER	0.30	Director	$0	$0	$0
EUGENIA JENNIE STEWART	BOARD MEMBER	0.30	Director	$0	$0	$0
ERNIE SCHROEDER JR	BOARD MEMBER	0.30	Director	$0	$0	$0
TIM SULLIVAN JR	BOARD MEMBER	0.30	Director	$0	$0	$0
JAY TAMSI	BOARD MEMBER	0.30	Director	$0	$0	$0
ALEKXIA TORRES-STALLINGS	BOARD MEMBER	0.30	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	No data	No data	No data	No data
2024	$6,795,367	$2,552,976	$13,609,251	$4,242,391
2023	$4,511,830	$1,927,439	$9,223,243	$2,584,391
2022	$2,763,258	$1,934,801	$6,587,629	$828,457
2021	$2,592,432	$1,846,702	$6,072,199	$745,730
2020	$2,976,881	$3,577,119	$5,137,505	$-600,238
2019	$2,607,470	$4,184,916	$5,939,564	$-1,577,446
2018	$2,021,587	$2,999,829	$7,542,679	$-978,242

BAKERSFIELD MEMORIAL HOSPITAL FOUNDATION