Harnett Health System Inc
92% goes to programs $0 to raise $100 Growing revenue
Harnett Health System Inc is a 501(c)(3) organization based in Dunn, North Carolina, registered in 1941, with $130,545,965 in FY2022 revenue. CharityIndex grades it B, and it directs about 92% of spending to programs.
Po Box 1706, Dunn, NC, 28335 EIN 56-0603898 Since 1941
Revenue (FY2022)
$130.5M
▲ 3.4% vs prior year
Health median: $840K
Expenses (FY2022)
$129.5M
Net assets
$12.4M
Employees
1,384
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating92% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Harnett Health System Inc: 92% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Harnett Health System Inc: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Harnett Health System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Harnett Health System Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Harnett health is committed to providing quality healthcare to the residents of harnett county and surrounding communities. we are a private, not-for-profit healthcare organization based in harnett county, n.c.
Contact & location
- Address
- Po Box 1706, Dunn, NC, 28335
- City
- Dunn
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $74.7M (FY2013) to $130.5M (FY2022) across 10 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $144.2MNet assets $12.4M
Operating margin
0.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$156.7M
Total liabilities
$144.2M
Net assets
$12.4M
Salaries & benefits
$68.8M
53% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $130,545,965▲3.4% | $129,542,076▼1.5% | $12,439,561▲8.8% | $156,656,749▲45.0% | 990 |
| 2021 | $126,309,865▼8.4% | $131,517,847▲8.4% | $11,435,672▼31.3% | $108,068,047▼9.6% | 990 |
| 2020 | $137,837,447▲30.9% | $121,321,079▲15.9% | $16,643,654▲12976% | $119,557,525▼1.9% | 990 |
| 2019 | $105,334,985▲3.8% | $104,705,102▲4.3% | $127,286▲102% | $121,887,306▲27.4% | 990 |
| 2018 | $101,444,815▲5.4% | $100,344,013▲5.9% | -$7,347,389▲17.3% | $95,706,242▼2.6% | 990 |
| 2017 | $96,253,229▼9.2% | $94,796,314▼2.0% | -$8,883,489▲14.1% | $98,294,839▼2.2% | 990 |
| 2016 | $106,044,064▲4.3% | $96,724,147▼2.9% | -$10,340,404▲47.4% | $100,556,527▼1.6% | 990 |
| 2015 | $101,716,504▲9.5% | $99,611,004▲0.7% | -$19,660,322▲32.8% | $102,149,103▼44.2% | 990 |
| 2014 | $92,903,855▲24.4% | $98,948,143▼9.8% | -$29,253,200▼13.5% | $183,081,424▲6.9% | 990 |
| 2013 | $74,653,723 | $109,741,197▲0.6% | -$25,776,733▼315% | $171,245,857▲30.5% | 990 |
| 2012 | — | $109,115,092▼9.4% | $11,979,355▼67.0% | $131,241,890▲12.1% | 990 |
| 2011 | — | $120,383,575▲13.5% | $36,333,687▲4.3% | $117,102,861▲49.6% | 990 |
| 2010 | — | $106,055,073▲15.7% | $34,849,197▼4.4% | $78,257,380▲5.0% | 990 |
| 2009 | — | $91,651,184 | $36,471,249 | $74,520,738 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2022)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bret Johnson | Cfo - Cfvh | 1 | — |
| Cory Hess | Vp | 55 | — |
| Daniel Weatherly | Coo | 1 | — |
| Deborah Washburn | Cno | 1 | — |
| Eric Truesdale | Secretary | 2 | — |
| Gene Lewis | Treasurer | 2 | — |
| Jessica Lang | Cfo - Harnett | 55 | — |
| Michael Nagowski | Ceo | 1 | — |
| Neil Emory | Vice Chairman | 2 | — |
| Olalekan Folarin Md | Medical Director | 55 | — |
| Philip Wood Jr | Cio | 1 | — |
| Teddy Byrd | Board Member | 2 | — |
| Terrill Brown Dpm | Board Member | 2 | — |
| Townsend Quinn | Board Member | 2 | — |
| Walter Massey | Chairman | 4 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| Concordance Healthcare Solutions | Medical Supplies | $2,819,177 |
| Medical Solutions LLC | Staffing | $2,031,852 |
| Trustaff | Staffing | $893,644 |
| Sightpath Medical LLC | Opthalmic Surgical Equipment | $501,657 |
| Flagship Dunn LLC | Rent | $478,660 |
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Frequently asked questions
- Is Harnett Health System Inc a legitimate nonprofit?
- Yes. Harnett Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0603898, based in Dunn, North Carolina. Donations are tax-deductible.
- What is Harnett Health System Inc's EIN?
- Harnett Health System Inc's Employer Identification Number (EIN) is 56-0603898.
- How much revenue does Harnett Health System Inc report?
- Harnett Health System Inc reported $130,545,965 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- How much of Harnett Health System Inc's spending goes to programs?
- Harnett Health System Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Harnett Health System Inc have?
- CharityIndex grades Harnett Health System Inc B, based on program efficiency and fundraising cost.
- How much does Harnett Health System Inc's highest-paid employee make?
- The highest reported compensation on Harnett Health System Inc's latest Form 990 is $0, paid to Bret Johnson (Cfo - Cfvh).
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Data for Harnett Health System Inc (EIN 56-0603898) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.