Civic Intelligence

Jennie Stuart Health Foundation Inc.

EIN 82-2980765 • 501(c)3 • Hopkinsville, KY

Pub. 78 Eligible990-N Coverage

Profile

To improve quality of life in the communities served by jennie stuart medical center by ensuring access to exceptional health care and supporting iniatives that promote well-being.

PO Box 608Hopkinsville, KY 42241-0608

jenniestuarthealth.org/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

21st percentile

0.00x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$76,702

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

36th percentile

-1.0%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-39%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,838,357

Down $27,768 (-1.0%) from 2023

Liabilities

Up

$197

Up $197 from 2023

Net Assets

Down

$2,838,160

Down $27,965 (-1.0%) from 2023

Revenue

Down

$767,625

Down $486,136 (-39%) from 2023

Expenses

Up

$898,203

Up $684,138 (+320%) from 2023

Net Income

Down

-$130,578

Down $1,170,274 (-113%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $690,632Liabilities 2019: $5,292Net Assets 2019: $685,3402019Assets 2020: $861,486Liabilities 2020: $1,813Net Assets 2020: $859,6732020Assets 2021: $1,068,867Liabilities 2021: $0Net Assets 2021: $1,068,8672021Assets 2022: $1,806,177Liabilities 2022: $52,573Net Assets 2022: $1,753,6042022Assets 2023: $2,866,125Liabilities 2023: $0Net Assets 2023: $2,866,1252023Assets 2024: $2,838,357Liabilities 2024: $197Net Assets 2024: $2,838,1602024

Highlighted filing

2024

Assets$2,838,357
Liabilities$197
Net Assets$2,838,160

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2019: $792,608Expenses 2019: $125,232Net Income 2019: $667,3762019Revenue 2020: $214,709Expenses 2020: $121,313Net Income 2020: $93,3962020Revenue 2021: $335,123Expenses 2021: $204,427Net Income 2021: $130,6962021Revenue 2022: $1,032,501Expenses 2022: $238,395Net Income 2022: $794,1062022Revenue 2023: $1,253,761Expenses 2023: $214,065Net Income 2023: $1,039,6962023Revenue 2024: $767,625Expenses 2024: $898,203Net Income 2024: -$130,5782024

Highlighted filing

2024

Revenue$767,625
Expenses$898,203
Net Income-$130,578

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.1
Gross Receipts
$767,625
Mission and Program Overview

Mission

To improve quality of life in the communities served by jennie stuart medical center by ensuring access to exceptional health care and supporting iniatives that promote well-being.

To inspire meaningful giving that will help jennie stuart medical center accommodate the growing health care needs of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,129,461$1,646,004▲ $516,543
Accounts Receivable$831,462$766,208▼ $65,254
Cash and Non-Interest-Bearing Accounts$905,202$426,145▼ $479,057
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,866,125$2,838,357▼ $27,768
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$197▲ $197
Total Liabilities$0$197▲ $197
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,287,536$2,165,641▼ $121,895
Net Assets Without Donor Restrictions$578,589$672,519▲ $93,930
Total Net Assets Fund Balance$2,866,125$2,838,160▼ $27,965
Total Liabilities and Net Assets / Fund Balance$2,866,125$2,838,357▼ $27,768
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracey ClarkExecutive DirectorPT$76,702$76,702

Board Members and Trustees

NameTitle
Tracey WilliamsChair
Breck CayceVice Chair
Dr Ratilal GajeraBoard Member
Eston GloverBoard Member
Hollis WhiteBoard Member
James AdamsBoard Member
Kelly GatesBoard Member
Leslie CarrollBoard Member
Lori HarperBoard Member
Wendell LynchBoard Member
Eric LeeSecretary/jsmc CEO
Elizabeth MccoyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$753,713
Program Service Revenue
$0
Investment Income
$13,912
Other Revenue
$0
All Other Contributions
$543,269
Change in Net Assets
$-130,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$684,381
Salaries, Compensation, and Employee Benefits$167,623
Other Expenses$46,199
Total Fundraising Expense$3,347
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$684,381--$684,381
Other Salaries and Wages-$138,646-$138,646
Other Employee Benefits-$28,977-$28,977
Advertising$23,091-$1,897$24,988
Fees for Services Other$250$9,680$0$9,930
Office Expenses$5,110$2,794-$7,904
Other Expenses-$1,927$1,450$1,450
Total Functional Expenses$712,832$182,024$3,347$898,203
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jennie Stuart Medical CenterHopkinsville, KY501(c)(3)Capital Campaign Funds raised to assist with renovation of EC Green Cancer Center$660,412
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$197
Intercompany Payables-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6 Classes of members or stockholders

Jennie stuart health foundation's sole member is jennie stuart medical center, inc., (jsmc), per articles of incorporation and bylaws. All appointments/terminations to the foundation's board of directors are approved by the foundation board, but then must be ratified by the sole member's board of trustees. Because the foundation is a supporting organization for jsmc and jsmc is the sole member of the foundation, board appointments, bylaw and/or article amendments, and hiring/termination of the executive director are subject to ratification by the jsmc board of trustees.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

Jennie stuart health foundation's sole member is jennie stuart medical center, inc., (jsmc), per articles of incorporation and bylaws. All appointments/terminations to the foundation's board of directors are approved by the foundation board, but then must be ratified by the sole member's board of trustees. Because the foundation is a supporting organization for jsmc and jsmc is the sole member of the foundation, board appointments, bylaw and/or article amendments, and hiring/termination of the executive director are subject to ratification by the jsmc board of trustees.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Jennie stuart health foundation's sole member is jennie stuart medical center, inc., (jsmc), per articles of incorporation and bylaws. All appointments/terminations to the foundation's board of directors are approved by the foundation board, but then must be ratified by the sole member's board of trustees. Because the foundation is a supporting organization for jsmc and jsmc is the sole member of the foundation, board appointments, bylaw and/or article amendments, and hiring/termination of the executive director are subject to ratification by the jsmc board of trustees.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is prepared by an outside accountant and provided to the full board prior to filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

Board members are required to complete a statement of interest annually. Once reviewed, if a disclosure is made, it must be approved by the non-interested board members. Board members with disclosed interest are prohibited from voting on issues related to their interest.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The foundation's board of directors conducted a review when the executive director was hired in 2018. Annual performance reviews conducted by the board of directors also includes decisions as to merit increases or any other compensation changes. The hospital (jsmc) board of trustees reviews and approves the foundation's annual budget, which includes any changes to the executive director's compensation. The executive director is paid by jsmc, a related organization. No other officers are compensated for foundation activity.

Form 990, Part VI, Line 19 Required documents available to the public

Upon Request

Filing and Contact Details

Filer

Filer Name
Jennie Stuart Health Foundation Inc
EIN
82-2980765
Phone
2708870198
Address
PO BOX 608, HOPKINSVILLE, KY 42241-0608

Signing Officer

Name
Sarah Francis
Title
Executive Director
Phone
2708870198
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Formed
2017
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
11
Employees
2
Volunteers
11

Preparer

Firm
Forvis Mazars LLP
Address
1222 Demonbreun St Suite 950, Nashville, TN 37203-3357
Preparer
Jeff Smith
Phone
6154549800
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IRS990/MissionDesc0TO IMPROVE QUALITY OF LIFE IN THE COMMUNITIES SERVED BY JENNIE STUART MEDICAL CENTER BY ENSURING ACCESS TO EXCEPTIONAL HEALTH CARE AND SUPPORTING INITIATIVES THAT PROMOTE WELL-BEING.
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Sarah Francis
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ALL APPOINTMENTS/TERMINATIONS TO THE FOUNDATION'S BOARD OF DIRECTORS ARE APPROVED BY THE FOUNDATION BOARD, BUT THEN MUST BE RATIFIED BY THE SOLE MEMBER'S BOARD OF TRUSTEES. THE SOLE MEMBER, JSMC, IS THE FOUNDATION'S SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section B, Line 1 BOARD MEMBER ELECTIONS
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JENNIE STUART MEDICAL CENTER
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Capital Campaign Funds raised to assist with renovation of EC Green Cancer Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Jennie Stuart Medical Center
IRS990ScheduleI/RecipientTable/RecipientEIN0610482973
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 2400
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Hopkinsville
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0For program fund disbursements, requests for assistance are reviewed by the appropriate committee for approval. No funds are disbursed directly to the requesting individual, but rather to the vendor that is due the requested amount on behalf of the individual (i.e. assistance with medical or utility bills). The exception is disbursement of funds directly to the hospital, after the hospital submits a formal request for funds to the Foundation Board for approval.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JENNIE STUART HEALTH FOUNDATION'S SOLE MEMBER IS JENNIE STUART MEDICAL CENTER, INC., (JSMC), PER ARTICLES OF INCORPORATION AND BYLAWS. ALL APPOINTMENTS/TERMINATIONS TO THE FOUNDATION'S BOARD OF DIRECTORS ARE APPROVED BY THE FOUNDATION BOARD, BUT THEN MUST BE RATIFIED BY THE SOLE MEMBER'S BOARD OF TRUSTEES. BECAUSE THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR JSMC AND JSMC IS THE SOLE MEMBER OF THE FOUNDATION, BOARD APPOINTMENTS, BYLAW AND/OR ARTICLE AMENDMENTS, AND HIRING/TERMINATION OF THE EXECUTIVE DIRECTOR ARE SUBJECT TO RATIFICATION BY THE JSMC BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JENNIE STUART HEALTH FOUNDATION'S SOLE MEMBER IS JENNIE STUART MEDICAL CENTER, INC., (JSMC), PER ARTICLES OF INCORPORATION AND BYLAWS. ALL APPOINTMENTS/TERMINATIONS TO THE FOUNDATION'S BOARD OF DIRECTORS ARE APPROVED BY THE FOUNDATION BOARD, BUT THEN MUST BE RATIFIED BY THE SOLE MEMBER'S BOARD OF TRUSTEES. BECAUSE THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR JSMC AND JSMC IS THE SOLE MEMBER OF THE FOUNDATION, BOARD APPOINTMENTS, BYLAW AND/OR ARTICLE AMENDMENTS, AND HIRING/TERMINATION OF THE EXECUTIVE DIRECTOR ARE SUBJECT TO RATIFICATION BY THE JSMC BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JENNIE STUART HEALTH FOUNDATION'S SOLE MEMBER IS JENNIE STUART MEDICAL CENTER, INC., (JSMC), PER ARTICLES OF INCORPORATION AND BYLAWS. ALL APPOINTMENTS/TERMINATIONS TO THE FOUNDATION'S BOARD OF DIRECTORS ARE APPROVED BY THE FOUNDATION BOARD, BUT THEN MUST BE RATIFIED BY THE SOLE MEMBER'S BOARD OF TRUSTEES. BECAUSE THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR JSMC AND JSMC IS THE SOLE MEMBER OF THE FOUNDATION, BOARD APPOINTMENTS, BYLAW AND/OR ARTICLE AMENDMENTS, AND HIRING/TERMINATION OF THE EXECUTIVE DIRECTOR ARE SUBJECT TO RATIFICATION BY THE JSMC BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO COMPLETE A STATEMENT OF INTEREST ANNUALLY. ONCE REVIEWED, IF A DISCLOSURE IS MADE, IT MUST BE APPROVED BY THE NON-INTERESTED BOARD MEMBERS. BOARD MEMBERS WITH DISCLOSED INTEREST ARE PROHIBITED FROM VOTING ON ISSUES RELATED TO THEIR INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION'S BOARD OF DIRECTORS CONDUCTED A REVIEW WHEN THE EXECUTIVE DIRECTOR WAS HIRED IN 2018. ANNUAL PERFORMANCE REVIEWS CONDUCTED BY THE BOARD OF DIRECTORS ALSO INCLUDES DECISIONS AS TO MERIT INCREASES OR ANY OTHER COMPENSATION CHANGES. THE HOSPITAL (JSMC) BOARD OF TRUSTEES REVIEWS AND APPROVES THE FOUNDATION'S ANNUAL BUDGET, WHICH INCLUDES ANY CHANGES TO THE EXECUTIVE DIRECTOR'S COMPENSATION. THE EXECUTIVE DIRECTOR IS PAID BY JSMC, A RELATED ORGANIZATION. NO OTHER OFFICERS ARE COMPENSATED FOR FOUNDATION ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Upon Request

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