Norton Healthcare-indiana Inc
98% goes to programs $0 to raise $100 Thin reserves Growing revenue
Norton Healthcare-indiana Inc is a 501(c)(3) organization based in Louisville, Kentucky, registered in 2020, with $197,595,790 in FY2024 revenue. CharityIndex grades it C+, and it directs about 98% of spending to programs.
Accounting 224 E Broadway 5th Floor, Louisville, KY, 40202 EIN 85-0513259 Since 2020
Revenue (FY2024)
$197.6M
▲ 303.5% vs prior year
Health median: $840K
Expenses (FY2024)
$257.3M
Net assets
-$65.4M
Employees
1,881
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating98% 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 Norton Healthcare-indiana Inc: 98% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -30% 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 Norton Healthcare-indiana Inc: 0 mo reserves · -30% margin earns a D 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 Norton Healthcare-indiana 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 Norton Healthcare-indiana Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Norton healthcare-indiana, inc.'s purpose is to provide quality health care to all those we serve, in a manner that responds to the needs of our communities and honors our faith heritage.
Contact & location
- Address
- Accounting 224 E Broadway 5th Floor, Louisville, KY, 40202
- City
- Louisville
- State
- Kentucky
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $49.0M (FY2023) to $197.6M (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $250.5MNet assets -$65.4M
Operating margin
-30.2%
Spent more than it raised in the latest fiscal year.
Total assets
$185.1M
Total liabilities
$250.5M
Net assets
-$65.4M
Salaries & benefits
$104.5M
41% of expenses
Board members
18
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $197,595,790▲304% | $257,337,001▲371% | -$65,443,076▼1048% | $185,055,822▲62.8% | 990 |
| 2023 | $48,965,742 | $54,667,607 | -$5,701,865 | $113,664,669 | 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: Christoph Fuchs Md — $1,166,015 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christoph Fuchs Md | Physician | 50 | $1,166,015 |
| Benjamin Bjerke Md | Physician | 50 | $1,056,893 |
| Brent Walz Md | Physician | 50 | $775,744 |
| Kathleen Exline | Chief Administrative Officer | 50 | $562,695 |
| Tiffany Hannigan | Ncmh Medical Director | 50 | $279,105 |
| Michelle England | Vp, Patient Care Service | 50 | $209,443 |
| Adam Kempf | Sr Vp & Cfao | 1 | — |
| Barry Pennybaker | Trustee | 1 | — |
| Craig D Grant | Vice Chair | 1 | — |
| Donald H Robinson | Trustee | 1 | — |
| Edie Nixon | Chair | 1 | — |
| Gail Lyttle | Trustee | 1 | — |
| Gary L Stewart | Trustee | 1 | — |
| G Hunt Rounsavall Sr | Trustee | 1 | — |
| Gregory E Mayes | Trustee | 1 | — |
| James L Sublett Md | Trustee (partial Year) | 1 | — |
| Joe Craig | Trustee | 1 | — |
| Judge Denise Clayton | Trustee | 1 | — |
| Lee K Garlove | Trustee | 1 | — |
| Maria Hampton | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ready Electric Company Inc | Electrical Work | $3,899,798 |
| Parallon Business Performance Group | Consulting | $2,960,011 |
| Infinity Teleradiology LLC | Radiology Consulting | $2,612,785 |
| One Anesthesia Pllc | Anesthesia Services | $2,592,375 |
| Hhs Environmental Services LLC | Cleaning Services | $2,060,566 |
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Frequently asked questions
- Is Norton Healthcare-indiana Inc a legitimate nonprofit?
- Yes. Norton Healthcare-indiana Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 85-0513259, based in Louisville, Kentucky. Donations are tax-deductible.
- What is Norton Healthcare-indiana Inc's EIN?
- Norton Healthcare-indiana Inc's Employer Identification Number (EIN) is 85-0513259.
- How much revenue does Norton Healthcare-indiana Inc report?
- Norton Healthcare-indiana Inc reported $197,595,790 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Norton Healthcare-indiana Inc's spending goes to programs?
- Norton Healthcare-indiana Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Norton Healthcare-indiana Inc have?
- CharityIndex grades Norton Healthcare-indiana Inc C+, based on program efficiency and fundraising cost.
- How much does Norton Healthcare-indiana Inc's highest-paid employee make?
- The highest reported compensation on Norton Healthcare-indiana Inc's latest Form 990 is $1,166,015, paid to Christoph Fuchs Md (Physician).
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Data for Norton Healthcare-indiana Inc (EIN 85-0513259) 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.