Eastport Memorial Hospital (EIN 010213979) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1944

Legal Domicile

Principal Officer

Tessa Ftorek

Phone

2078532531

Tax Period

2024-01-01 to 2024-12-31

Eastport Memorial Hospital, founded in 1944, is a community nonprofit in the Health Care sector that reported $3.6M in total revenue in fiscal year 2024.

Mission

Inspired by our core values of dignity and respect, Eastport Memorial Nursing Home is committed to providing the highest quality of care in a safe, loving, compassionate and home-like environment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,915

Program Service Revenue $3,540,912

Investment Income $62,412

Other Revenue $0

TOTAL REVENUE $3,608,239

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,596,729

Fundraising Expenses $0

Program Expenses $3,103,443

Other Expenses $1,059,820

TOTAL EXPENSES $3,656,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,608,239	$3,350,847	+0.1%
Expenses	$3,656,549	$3,308,939	+0.1%
Net Income	$-48,310	$41,908	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$168,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tessa Ftorek	President	2.00	Officer Director	$0	$0	$0
Kevin Raye	Vice President	1.00	Officer Director	$0	$0	$0
Tari Camick	Treasurer	1.00	Officer Director	$0	$0	$0
Melissa Mitchell	Secretary	0.50	Officer Director	$0	$0	$0
Chris Brown	Trustee	1.00	Director	$0	$0	$0
Vicki Farley Brown	Trustee	0.50	Director	$0	$0	$0
Gwen Jones	Trustee	0.25	Director	$0	$0	$0
Julie Leppin	Trustee	1.00	Director	$0	$0	$0
Dennis Mahar	Trustee	0.25	Director	$0	$0	$0
Caroline Melidossian	Trustee	1.00	Director	$0	$0	$0
David Mitchell	Trustee	0.50	Director	$0	$0	$0
Wanda Matthews	Past Treasurer	0.50	Officer Director	$0	$0	$0
Amanda Gardner	Past Trustee	1.00	Director	$0	$0	$0
Jo Shannon	Past Trustee	1.00	Director	$0	$0	$0
Nancy Jane Hanson	Administrator	40.00	Officer	$96,337	$13,546	$109,883
Camela Deschene	Past Administrator	40.00	Officer	$52,482	$6,550	$59,032
Leslie Eisenbrey	Director of Nursing	40.00	Highest	$102,823	$15,848	$118,671
Patricia Greenier	Infection Control	40.00	Highest	$104,100	$31	$104,131

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,608,239	$3,656,549	$3,512,735	$-48,310
2023	$3,350,847	$3,308,939	$3,574,688	$41,908
2022	$3,147,822	$3,063,197	$3,752,634	$84,625
2021	$2,712,991	$2,502,388	$3,635,126	$210,603
2020	$2,869,940	$2,472,446	$2,998,845	$397,494
2019	$2,321,396	$2,320,075	$2,537,177	$1,321
2018	$2,084,849	$1,952,348	$2,429,005	$132,501

Eastport Memorial Hospital