Magruder Hospital

Nonprofit profile at a glance

EIN
344441792
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Port Clinton, OH, US
Phone
419-734-3131
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Hospital, General

Official website

Reported finances

Revenue
$68,284,956
Expenses
$69,079,021
Assets
$56,867,593
Liabilities
$12,449,809

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • NICHOLAS MARSICO (PRESIDENT & CEO)
  • JILL CRAWFORD (EXECUTIVE DIRECTOR, CLINIC OPS & ANCILLARY)
  • JASON KRAUS (EXECUTIVE DIRECTOR, PEOPLE & FACILITIES)

Highest reported compensation

  • RAYMOND FULLER (PHYSICIAN): $506,858 total reported compensation
  • DAVIE BODIE (PHYSICIAN): $313,860 total reported compensation
  • NICHOLAS MARSICO (PRESIDENT & CEO): $299,177 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improving Lives Together

What it reported doing in 2024

Magruder continues its commitment to serving the public health prevention and health education needs in the communities of ottawa county. -we reached a total of 478 individuals for our monthly community lab screening in 2024.-we offered 23 flu vaccine clinics for our community at 7 locations throughout the county. -we donated conference center space for 97 social service agency meetings, blood drives, aarp driver safety, support groups and wellness classes. -community outreach and community health worker spent over 100 hours at collaborative meetings for housing, prevention, senior task force and i team, community day, childcare, osu extension and others. -our oncology director spent 60+ hours helping 34 patients obtain assistance from pharmaceutical companies and other assistance programs.-we held our annual medicare education & comparison event and had 63 attendees. We also provided one-on-one comparisons for 93 individuals saving them over $57,000. We also presented a medicare overview at the ida rupp library and ms support group.-magruder sponsored 11 blood drives in 2024. For these blood drives, we not only provide free space and promotion of the event, but we also allow employees to donate on work time. -we provided discharge meals for 435 patients in 2024. -we provided $950 of free transportation for patients who had no other way home. -we provided health education programs for 1,155 participants on the topics of nutrition, physical activity, advance directives, diabetes and cancer. We did a few group education programs at the hospital and continued to provide health education blogs on our website and social media and offer health tips in our monthly wellness calendar. -er and urgent care installed frames in each patient room and we hung flyers in there with information about medication disposal, support groups and medicare open enrollment which reached over 5,000 patients.-magruder sponsored or participated in the following community building activities: -ottawa county fair -community day (community resource fair) -no wrong door -summit on aging -overdose awareness -elder abuse awareness -summer lunch programthese community building activities support organizations that assist community members in obtaining the resources and services they need, whether it's advocacy, exercise, safe and affordable housing, shelter, nutrition, medical equipment or safe activities for teens.-magruder continued its staff community involvement program where the hospital pays employees to volunteer 4 hours in the community. In 2024 magruder paid employees to volunteer 305 hours in the community. These volunteers hours included: helping with free sports physicals, united way efforts, blood pressure checks for hall walkers at local school, osu financial literacy program in county middle schools, packing lunches for summer lunch program, volunteering at area lighthouse, summer camp helper, working concessions for music boosters, ringing the bell for salvation army, helping with flu shots, sorting toys for toys for tots, 4h volunteer, litter pick up, local food bank, donating blood and more. -magruder's leadership team also continues to participate in a variety of community boards and organizations: 3 area chambers of commerce, ottawa county council of health & social concerns, ottawa county task force on aging, prevention coalition, osu extension advisory board, ottawa county improvement corporation, ottawa county business advisory council and ottawa county safety council. In 2024 magruder partnered with the ottawa county health department, the mental health board of sandusky, ottawa, seneca and wyandot counties and 16 other county groups and agencies to complete a new community health needs assessment. Below are the priorities and strategies identified by these ottawa county health partners: priority 1 mental healthstrategies: expand mental health and suicide prevention education in ottawa county schools, implement 'handle with care' program,

Operating model

Revenue model
Earned-program. 91% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 88
  • Accountability: 96
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 86.9%; rating input score 87
  • Fundraising efficiency: $45.01 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 93.3%; rating input score 93; 44th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.2%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 3.9%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 2% per year; rating input score 100; 15th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 87.3% of revenue deployed · 86.9% of spending went to programs
  • Governance: 14 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $60M in reported program spending
  • Leadership: top reported pay $507K · 25 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.7M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 11 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 22/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.