Marshall County Hospital and Healthcare Foundation Inc
DBA: MARSHALL COUNTY HOSPITAL & HEALTHCARE
SOLICIT CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF MARSHALL COUNTY HOSPITAL DISTRICT
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$485K
Total Expenses
$320K
Net Assets
$3.1M
Employees
0
Grants Paid
$320K
Program Expense Ratio
100.0%
This nonprofit profile presents IRS Form 990 tax filing data for Marshall County Hospital and Healthcare Foundation Inc (EIN: 61-1157518), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Marshall County Hospital and Healthcare Foundation Inc is a 501(c)(3) nonprofit headquartered in BENTON, KY, founded in 1990. The organization has held tax-exempt status since 1990. In its 2024 filing, the organization reported $485K in total revenue, a 24.6% decrease from the prior year, and $320K in total expenses. DAVID G FUQUA, CEO, is the highest-compensated individual at $332,227. The organization runs 1 program, totaling $320K in program expenses. 3 of 6 recommended governance policies are in place.
Marshall County Hospital and Healthcare Foundation Inc is classified under NTEE code E22I. Its foundation type is 17.
Programs(Tax Year 2024)
1 record
Marshall County Hospital and Healthcare Foundation Inc operates 1 program, with total program expenses of $320K. Marshall County Hospital and Healthcare Foundation Inc's largest program accounts for 100% of total program spending.
THE FOUNDATION SOLICITS CHARITABLE CONTRIBUTIONS TO BE USED FOR THE BENEFIT OF MARSHALL COUNTY HOSPITAL DISTRICT, AN EXEMPT HOSPITAL.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Marshall County Hospital and Healthcare Foundation Inc's revenue has grown from $70K to $485K, a 598.0% increase. Program expenses represent 100% of total spending.
Revenue decreased 24.6% year-over-year, while expenses grew 31317.7%. net assets rose to $3.1M, up 5.7% from the prior year.
Marshall County Hospital and Healthcare Foundation Inc derives 78% from contributions and grants, with 22% from investment income.
Revenue is primarily driven by contributions and grants (78%), with investment income at 22%.
Revenue declined by 24.6% and expenses grew by 31317.7% year over year.
Marshall County Hospital and Healthcare Foundation Inc distributed $320K in grants to other organizations and individuals, representing 100% of total expenses.
Over 6 filings from 2019–2024, Marshall County Hospital and Healthcare Foundation Inc grew revenue from $70K to $485K (+598.0%) while maintaining a program expense ratio of 100%.
Marshall County Hospital and Healthcare Foundation Inc holds $3.1M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 115.7 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $485K | $376K | $0 | $0 | $109K |
| 2023 | $644K | $547K | $0 | $0 | $97K |
| 2022 | $33K | $9K | $0 | $0 | $24K |
| 2021 | $20K | $4K | $0 | $0 | $17K |
| 2020 | $55K | $7K | $0 | $0 | $48K |
| 2019 | $70K | $7K | $0 | $0 | $63K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $320K | $320K | $0 | $0 | $320K |
| 2023 | $1K | $1K | $0 | $0 | $0 |
| 2022 | $22K | $22K | $0 | $0 | $21K |
| 2021 | $268K | $268K | $0 | $0 | $268K |
| 2020 | $275K | $275K | $0 | $0 | $274K |
| 2019 | $2K | $2K | $0 | $0 | $1K |
Program Expense Ratio
100.0%
Admin Expense Ratio
0.0%
Fundraising Efficiency
—
Operating Reserve
115.7 mo
People & Compensation(Tax Year 2024)
7 records
Marshall County Hospital and Healthcare Foundation Inc reported compensation for 7 officers and key employees. Total officer compensation was $492K, representing 153.4% of total expenses.
Marshall County Hospital and Healthcare Foundation Inc's highest-compensated individual received $332K in total compensation. Total officer compensation of $492K represents 153.4% of total expenses.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| DAVID G FUQUA | CEO | Officer | 1.00 | $0 | $286,648 | $332,227 |
| JANICE KELLEY | CFO | Officer | 1.00 | $0 | $149,302 | $159,488 |
| BLAKE WISEMAN | SECRETARY | OfficerDirector | 1.00 | $0 | $0 | $0 |
| PAM SIRLS | TREASURER | OfficerDirector | 1.00 | $0 | $0 | $0 |
| LAUREN MANN | CHAIR | OfficerDirector | 1.00 | $0 | $0 | $0 |
| PEYTON PORTER | MEMBER | Director | 1.00 | $0 | $0 | $0 |
| JERRY SELLS | MEMBER | Director | 1.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
DAVID G FUQUA
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
JANICE KELLEY
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2024)
Marshall County Hospital and Healthcare Foundation Inc has 3 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 5 of whom are independent.
Marshall County Hospital and Healthcare Foundation Inc's financial statements are audited, an audit committee oversees the process.
Marshall County Hospital and Healthcare Foundation Inc has family or business relationships among officers, directors, or key employees.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
1 record
Marshall County Hospital and Healthcare Foundation Inc awarded $319K across 1 grant to organizations. Top recipients include MARSHALL COUNTY HOSPITAL DISTRICT (BENTON, KY) — $319K for support for operations.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| MARSHALL COUNTY HOSPITAL DISTRICT610601267 | BENTON, KY | $319K | SUPPORT FOR OPERATIONS |
Filing History(Tax Years 1990–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $485K | $320K | $3.1M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $644K | $1K | $2.9M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $33K | $22K | $2.3M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $20K | $268K | $2.3M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $55K | $275K | $2.5M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $70K | $2K | $2.7M |
| 1990–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Marshall County Hospital and Healthcare Foundation Inc do?
SOLICIT CHARITABLE CONTRIBUTIONS FOR THE BENEFIT OF MARSHALL COUNTY HOSPITAL DISTRICT
How much revenue does Marshall County Hospital and Healthcare Foundation Inc have?
Marshall County Hospital and Healthcare Foundation Inc reported $485,490 in total revenue for tax year 2024, down 24.6% from the prior year.
Who is the highest-paid executive at Marshall County Hospital and Healthcare Foundation Inc?
DAVID G FUQUA, CEO, received $332,227 in total compensation as of tax year 2024.
Is Marshall County Hospital and Healthcare Foundation Inc a 501(c)(3)?
Yes, Marshall County Hospital and Healthcare Foundation Inc is classified as a 501(c)(3) tax-exempt organization.
Where is Marshall County Hospital and Healthcare Foundation Inc located?
Marshall County Hospital and Healthcare Foundation Inc is headquartered in BENTON, KY 42025.
Is Marshall County Hospital and Healthcare Foundation Inc audited?
Yes, Marshall County Hospital and Healthcare Foundation Inc's financial statements are audited, and the organization has an audit committee.
Does Marshall County Hospital and Healthcare Foundation Inc give grants?
Yes, Marshall County Hospital and Healthcare Foundation Inc distributed $320,461 in grants to other organizations and individuals in tax year 2024. Top recipients include MARSHALL COUNTY HOSPITAL DISTRICT.
Data Source
Prepared by: LBMC PC, BRENTWOOD, TN
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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