Henry County Hospital
Legal name: Henry County Hospital Inc
Nonprofit profile at a glance
- EIN
- 344477047
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Napoleon, OH, US
- Phone
- 419.592.4015
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $37,139,225
- Expenses
- $39,493,606
- Assets
- $19,662,540
- Liabilities
- $7,304,404
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- KRISTI BARND (CEO)
Highest reported compensation
- RYAN LAUF (PHYSICIAN FAMILY PRACTICE): $379,233 total reported compensation
- DR ERAST HAFTKOWYCZ (BOARD MEMBER & OB/GYN): $308,213 total reported compensation
- KRISTI BARND (CEO): $252,636 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide high-quality, compassionate healthcare services to the communities we serve.
What it reported doing in 2024
Other services - provided by henry county hospital are: medical imaging, including x-ray, ct scans, mri, ultrasound, dexa, nuclear medicine, interventional radiology, vascular lab and stress testing; pharmacy services; rehab services, including physical therapy, occupational therapy, and speech therapy; oncology services; inpatient and intensive care services; women's health services; cardiac rehab, ekg, and respiratory therapy, sleep center, urgent care, vascular, orthopedics, cardiology, urology; and medication management treatment. Henry county hospital provided over 228 inpatients admission with over 805 days of care, 51 swing bed patients with over 670 days of care, 0 births, and over 71,628 visits in 2025.
Operating model
- Revenue model
- Other-operating. 99% of the money available for current operations came from other operating 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 79
- Accountability: 88
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.1%; rating input score 87
- Program expense ratio: 81.9%; rating input score 82
- Fundraising efficiency: $2.66 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 70.8%; rating input score 71; 14th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 16th 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: -6.3%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 12th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 87.1% of revenue deployed · 81.9% of spending went to programs
- Governance: 8 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $32.3M in reported program spending
- Leadership: top reported pay $379K · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.3M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 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.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.