EHealth CareEIN: 450308379

Hazen Memorial Hospital Association

Hazen, North Dakota

BHealth Score
63B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.05×
Peer Median8.62×
💰
$17.3M
Total Revenue
📊
$16.3M
Total Expenses
🏦
$17.1M
Net Assets
📋
$24.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.5%
Year-over-year change (2022 → 2023)
Net Margin
+5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.05
Net assets divided by total expenses
Liabilities-to-Assets
58.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$17,323,1832%$16,321,9583%$41,523,6441%
2022$17,593,72116%$16,898,470$41,240,2731%
2021$20,952,24731%$16,821,7363%$41,854,5162%
2020$16,054,0213%$16,377,5391%$42,712,8069%
2019$16,586,8222%$16,586,7695%$39,206,3454%
2018$16,900,24422%$15,783,36019%$40,840,3711%
2017$13,797,4294%$13,319,0305%$41,048,3951%
2016$14,379,2796%$12,655,0764%$41,608,471270%
2015$13,520,45810%$12,193,4928%$11,244,19644%
2014$12,269,0708%$11,267,4766%$7,805,1099%
2013$11,352,7976%$10,658,575$7,179,79511%
2012$10,713,929$10,619,599$6,461,461
2011$10,687,168$10,599,122$6,438,758

Frequently Asked Questions

What does Hazen Memorial Hospital Association do?

Hazen Memorial Hospital Association is a health care nonprofit organization based in North Dakota. It is classified under NTEE code E22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hazen Memorial Hospital Association financially healthy?

Based on our 9-metric Financial Health Score model, Hazen Memorial Hospital Association has a score of 63/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hazen Memorial Hospital Association generate?

Hazen Memorial Hospital Association reports $21.9M in annual revenue and holds $45.7M in total assets, based on IRS filings.

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