Kennestone Hospital Inc
83% goes to programs $0 to raise $100 Growing revenue
Kennestone Hospital Inc is a 501(c)(3) organization based in Marietta, Georgia, registered in 1994, with $2,079,048,150 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
793 Sawyer Rd, Marietta, GA, 30062 EIN 58-2032904 Since 1994
Revenue (FY2023)
$2.1B
▲ 13.7% vs prior year
Health median: $840K
Expenses (FY2023)
$1.5B
Net assets
$397.4M
Employees
7,945
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% 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 Kennestone Hospital Inc: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +26% 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 Kennestone Hospital Inc: 3 mo reserves · +26% margin earns a A 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 Kennestone Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Kennestone Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 793 Sawyer Rd, Marietta, GA, 30062
- City
- Marietta
- State
- Georgia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $836.4M (FY2013) to $2.1B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $817.7MNet assets $397.4M
Operating margin
26.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$817.7M
Net assets
$397.4M
Salaries & benefits
$804.3M
52% of expenses
Board members
17
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,079,048,150▲13.7% | $1,535,056,547▲11.7% | $397,390,636▲11.0% | $1,215,128,921▲6.3% | 990 |
| 2022 | $1,827,952,402▲12.5% | $1,374,071,696▲11.8% | $357,892,051▲6.4% | $1,143,373,575▲13.5% | 990 |
| 2021 | $1,624,859,981▲4.8% | $1,229,353,906▲9.3% | $336,388,050▼27.8% | $1,007,412,050▼1.9% | 990 |
| 2020 | $1,549,992,255▲16.0% | $1,125,264,196▲10.5% | $465,602,692▲3.0% | $1,027,393,345▲2.7% | 990 |
| 2019 | $1,336,186,287▲0.7% | $1,018,252,873▲2.5% | $452,041,066▼9.5% | $1,000,678,170▲8.0% | 990 |
| 2018 | $1,326,956,736▲13.0% | $993,785,656▲11.5% | $499,747,152▲34.9% | $926,485,701▲17.9% | 990 |
| 2017 | $1,173,985,116▲5.4% | $890,967,223▲2.8% | $370,576,149▼10.3% | $785,524,715▲20.7% | 990 |
| 2016 | $1,114,205,748▲6.8% | $866,613,357▲3.8% | $412,946,610▲2.0% | $650,758,530▲0.2% | 990 |
| 2015 | $1,043,666,312▲10.0% | $835,004,558▲9.0% | $404,983,896▲7.7% | $649,309,073▲3.3% | 990 |
| 2014 | $948,418,808▲13.4% | $766,083,456▲5.9% | $375,926,646▼2.4% | $628,535,643▼3.4% | 990 |
| 2013 | $836,438,847 | $723,191,008▲8.3% | $385,166,775▲32.0% | $650,984,427▲13.9% | 990 |
| 2012 | — | $667,731,769▲7.2% | $291,761,559▲22.9% | $571,422,413▲7.9% | 990 |
| 2011 | — | $622,659,822▲6.8% | $237,487,630▲14.1% | $529,669,305▲17.3% | 990 |
| 2010 | — | $582,885,940▼13.8% | $208,192,352▼60.3% | $451,489,162▼49.8% | 990 |
| 2009 | — | $676,447,937 | $523,919,556 | $898,796,753 | 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 (FY2023)
Highest-paid: Catherine Andrews — $726,597 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Catherine Andrews | Svp & Coo Kh | 50 | $726,597 |
| Marianne Hatfield | Vp Cno Patient Care Services | 50 | $633,970 |
| Zenobia Jonesfoster | Assoc Dir Int Med Program Gme | 50 | $521,451 |
| Teresa Byrd | Dir Ob Gyn Program Gme | 50 | $482,325 |
| Viktoria Nurpeisov | Dir Family Medicine Prog Gme | 50 | $469,225 |
| Vandana Bhide | Avp Assoc Cmo Khwh | 50 | $468,431 |
| Shalabh Bansal | Dir Medical Quality | 50 | $464,424 |
| Meredith Bass | Vp Finance & Hospital Cfo | 50 | $416,918 |
| Jennifer Garber | Vp Human Resource | 50 | $405,888 |
| Betty Brakovich | Vp Cno Patient Care Services | 50 | $354,116 |
| Vikram Reddy | Vp & Chief Med Off (end 7/23) | 50 | $340,027 |
| Hannah Henry | Vp Operations Kennestone | 50 | $334,731 |
| Johnny Scarbrough | Vp Fac Eng Sprt Svc (end 6/23) | 50 | $149,709 |
| Alan Muster | Svp Specialty Division Wmg | 1 | — |
| Allen Separk | Former Trustee | 1 | — |
| Andrew Cox | Vp Chief of Staff & Leadership | 1 | — |
| Andrew Von Eschenbach | Vp Rev. Cycle Mgmt (end 10/22) | 1 | — |
| Anthony Budzinski | Evp & Cfo | 1 | — |
| Arif Aziz Md | Trustee & Physician | 1 | — |
| Avril Beckford | Trustee & Sll Phys (end 6/23) | 1 | — |
Top vendors & contractors (FY2014)
| Contractor | Services | Paid |
|---|---|---|
| Brassfield and Gorrie | General Contractor | $25,880,985 |
| Quest Diagnostics | Medical Services | $2,060,831 |
| Cdh Partners Inc | General Contractor | $1,566,417 |
| Fresenius Medical Care- DBA Rcc Mar | Medical Services | $1,150,750 |
| Southern Prescription Service | Transcription Srvs | $994,489 |
Grants received · $45K total
3 grants to Kennestone Hospital Inc totaling $45K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Aortic stenosis initiative | 2023 | $15,000 |
| American Heart Association Inc | Aortic stenosis initiative | 2021 | $10,000 |
| American Heart Association Inc | Aortic stenosis project | 2020 | $20,000 |
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Frequently asked questions
- Is Kennestone Hospital Inc a legitimate nonprofit?
- Yes. Kennestone Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2032904, based in Marietta, Georgia. Donations are tax-deductible.
- What is Kennestone Hospital Inc's EIN?
- Kennestone Hospital Inc's Employer Identification Number (EIN) is 58-2032904.
- How much revenue does Kennestone Hospital Inc report?
- Kennestone Hospital Inc reported $2,079,048,150 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Kennestone Hospital Inc's spending goes to programs?
- Kennestone Hospital Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kennestone Hospital Inc have?
- CharityIndex grades Kennestone Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Kennestone Hospital Inc's highest-paid employee make?
- The highest reported compensation on Kennestone Hospital Inc's latest Form 990 is $726,597, paid to Catherine Andrews (Svp & Coo Kh).
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Data for Kennestone Hospital Inc (EIN 58-2032904) 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.