EHealth CareEIN: 223392808· Ruling Year: 1995

Foundation For Morristown Medical Center Inc

Morristown, New Jersey

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org9.21×
Peer Median8.62×
💰
$28.6M
Total Revenue
📊
$21.3M
Total Expenses
🏦
$196.1M
Net Assets
📋
$4.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.1%
Year-over-year change (2022 → 2023)
Net Margin
+25.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.21
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$28,600,44011%$21,294,59861%$200,857,01015%
2022$32,154,7912%$13,238,55213%$173,976,62110%
2021$31,511,18018%$11,731,9744%$194,034,59813%
2020$26,671,2817%$12,256,8757%$172,014,5427%
2019$28,655,94926%$13,242,3037%$160,123,20311%
2018$22,800,91530%$14,239,37615%$144,161,6237%
2017$32,454,04382%$12,370,06010%$154,257,71716%
2016$17,798,50715%$11,228,24312%$133,425,5074%
2015$20,911,56032%$10,032,0721%$128,114,1953%
2014$30,761,50447%$9,912,10226%$131,435,20211%
2013$20,958,4278%$7,881,9578%$118,850,14417%
2012$22,750,99738%$8,572,4734%$101,311,23521%
2011$16,434,5219%$8,251,7028%$83,644,6481%
2010$15,014,114$7,618,673$83,089,384

Frequently Asked Questions

What does Foundation For Morristown Medical Center Inc do?

Foundation For Morristown Medical Center Inc is a health care nonprofit organization based in New Jersey. It is classified under NTEE code E122 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Foundation For Morristown Medical Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Foundation For Morristown Medical Center Inc has a score of 77/100 (Grade: A-). 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 Foundation For Morristown Medical Center Inc generate?

Foundation For Morristown Medical Center Inc reports $41.7M in annual revenue and holds $228.4M in total assets, based on IRS filings.

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