Memorial Hospital Flagler Inc
92% goes to programs $0 to raise $100 Strong reserves
Memorial Hospital Flagler Inc is a 501(c)(3) organization based in Palm Coast, Florida, registered in 1989, with $303,346,937 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
60 Memorial Medical Pkwy, Palm Coast, FL, 32164 EIN 59-2951990 Since 1989
Revenue (FY2024)
$303.3M
▼ 3.4% vs prior year
Health median: $840K
Expenses (FY2024)
$245.8M
Net assets
$531.3M
Employees
2,388
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+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 Memorial Hospital Flagler Inc: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +19% 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 Memorial Hospital Flagler Inc: 26 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Memorial Hospital Flagler Inc: 5 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 Memorial Hospital Flagler Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The provision of medical care to the community through the operation of a 99 bed hospital.
Contact & location
- Address
- 60 Memorial Medical Pkwy, Palm Coast, FL, 32164
- City
- Palm Coast
- State
- Florida
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $164.7M (FY2013) to $303.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $86.6MNet assets $531.3M
Operating margin
19.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$617.8M
Total liabilities
$86.6M
Net assets
$531.3M
Salaries & benefits
$81.9M
33% of expenses
Board members
19
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $303,346,937▼3.4% | $245,791,681▼7.5% | $531,250,803▲11.3% | $617,845,298▲9.1% | 990 |
| 2023 | $313,914,765▲7.3% | $265,655,150▲0.9% | $477,372,503▲14.2% | $566,398,902▲10.2% | 990 |
| 2022 | $292,432,530▼5.0% | $263,405,374▲5.4% | $418,149,026▼6.4% | $513,813,698▼4.9% | 990 |
| 2021 | $307,723,697▲23.0% | $249,976,974▲20.9% | $446,717,617▲13.2% | $540,444,241▲13.2% | 990 |
| 2020 | $250,105,389▲4.5% | $206,719,246▲6.8% | $394,766,303▲12.7% | $477,258,544▲10.1% | 990 |
| 2019 | $239,348,498▲8.4% | $193,604,199▲6.9% | $350,200,037▲21.4% | $433,613,054▲18.0% | 990 |
| 2018 | $220,729,429▲6.3% | $181,103,445▲3.8% | $288,527,367▲9.7% | $367,479,276▲7.2% | 990 |
| 2017 | $207,555,262▲11.2% | $174,510,659▲8.5% | $263,123,493▲11.8% | $342,793,883▲7.3% | 990 |
| 2016 | $186,711,767▲2.8% | $160,912,093▲6.4% | $235,348,479▲1.8% | $319,475,362▼0.3% | 990 |
| 2015 | $181,604,102▲6.7% | $151,284,885▲6.8% | $231,211,695▲1.2% | $320,581,611▲0.5% | 990 |
| 2014 | $170,240,787▲3.4% | $141,716,781▲0.5% | $228,489,606▲13.5% | $319,009,416▲9.7% | 990 |
| 2013 | $164,651,222 | $140,966,941▲0.9% | $201,285,950▲12.7% | $290,854,768▲5.6% | 990 |
| 2012 | — | $139,704,495▲6.9% | $178,545,619▲16.5% | $275,372,166▲9.4% | 990 |
| 2011 | — | $130,748,215▲1.4% | $153,320,028▲18.8% | $251,755,520▲9.9% | 990 |
| 2010 | — | $128,945,776 | $129,005,466 | $229,138,633 | 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 (FY2024)
Highest-paid: Bell Margaret — $237,933 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bell Margaret | Hospice Medical Director | 40 | $237,933 |
| Taylor Wayne A | Mkt Director-pharmacy | 40 | $232,534 |
| Plemons Jillian Sayo | Asst Nurse Manager | 45.34 | $194,751 |
| Lorenzo Lisa | Clinical Pharmacist | 40.17 | $188,199 |
| Williams Andrea Kathleen | Director & Hrbp PC & Pcpw | 40 | $181,619 |
| Fowler David | Director | 0.2 | $310 |
| Gilvary Laura | Director (beg 01/2024) | 0.2 | $310 |
| Leverton Roger | Director | 0.2 | $310 |
| Papandrea Tony | Director | 0.2 | $310 |
| Revels Barbara | Director (end 12/2024) | 0.2 | $310 |
| Sword Raven | Director | 0.2 | $310 |
| Alter Md Dennis | Director (end 12/2024) | 0.2 | — |
| Bales-chubb Denyse | Dir/facility Ceo | 37.5 | — |
| Brazier Jessica | Director (beg 01/2024) | 0.2 | — |
| Celano Patricia | Director (end 12/2024) | 0.2 | — |
| De Aquino Wally | Director | 0.2 | — |
| Domayer Cory | Former Officer | 0 | — |
| Goeb-burkett Michele | Director | 6.5 | — |
| Goodman Todd | Director | 0.5 | — |
| Gover Mary Kathy | Former Cno - Hospital Facility | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| The Robins and Morton Group | General Contractor | $13,755,988 |
| Us Anesthesia Partners of Florida | Anesthesiology Services | $3,090,801 |
| Sound Physicians of Florida IV LLC | Physician Services | $2,287,534 |
| Crothall Healthcare | Housekeeping & Biomed Services | $914,532 |
| Adventist Health Systemsunbelt Inc Db | Laboratory Services | $742,063 |
Grants received · $195K total
3 grants to Memorial Hospital Flagler Inc totaling $195K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Florida Essential Healthcare Partnerships Foundation Inc | — | 2022 | $123,054 |
| Memorial Health Systems Inc | Creation health | 2016 | $57,222 |
| Memorial Health Systems Inc | Creation health | 2015 | $14,306 |
Grants made · $465K in FY2024
2 grants totaling $465K in FY2024. All grants made by Memorial Hospital Flagler Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Adventhealth Foundation Inc | Provision of general administrative support | $438,964 |
| Palm Coast Seventh Day Adventist Church | General support | $26,278 |
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Frequently asked questions
- Is Memorial Hospital Flagler Inc a legitimate nonprofit?
- Yes. Memorial Hospital Flagler Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2951990, based in Palm Coast, Florida. Donations are tax-deductible.
- What is Memorial Hospital Flagler Inc's EIN?
- Memorial Hospital Flagler Inc's Employer Identification Number (EIN) is 59-2951990.
- How much revenue does Memorial Hospital Flagler Inc report?
- Memorial Hospital Flagler Inc reported $303,346,937 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Memorial Hospital Flagler Inc's spending goes to programs?
- Memorial Hospital Flagler Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Memorial Hospital Flagler Inc have?
- CharityIndex grades Memorial Hospital Flagler Inc A, based on program efficiency and fundraising cost.
- How much does Memorial Hospital Flagler Inc's highest-paid employee make?
- The highest reported compensation on Memorial Hospital Flagler Inc's latest Form 990 is $237,933, paid to Bell Margaret (Hospice Medical Director).
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Data for Memorial Hospital Flagler Inc (EIN 59-2951990) 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.