HANLEY CENTER FOR HEALTH LEADERSHIP AND EDUCATION (EIN 010443926) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer

ANDREW MACLEAN

Phone

2076223374

Tax Period

2023-01-01 to 2023-12-31

HANLEY CENTER FOR HEALTH LEADERSHIP AND EDUCATION is a 501(c)(3) with EIN 010443926, based in MANCHESTER, ME. The organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $1,880,009 in total revenue and $1,039,514 in total expenses, with net assets of $6,363,882.

Mission

MAINE MEDICAL EDUCATION TRUST (THE ORGANIZATION) IS A MAINE NONPROFIT CORPORATION, ORGANIZED TO PROMOTE, SPONSOR, ORGANIZE, AND CONDUCT PROJECTS, PROGRAMS, AND RELATED ORGANIZATIONAL UNDERTAKINGS WHOSE PRIMARY PURPOSE AND OBJECTIVES ARE THE IMPROVEMENT AND UPGRADING OF MEDICAL PRACTICE THROUGH EDUCATION AND TRAINING; TO ASSIST AND ENCOURAGE INDIVIDUALS IN THEIR PURSUIT OF EDUCATION IN THE FIELD OF HEALTH CARE; TO PROMOTE, ENCOURAGE, SPONSOR, ORGANIZE AND CONDUCT PROGRAMS AND PROJECTS FOR PHYSICIANS AND OTHER HEALTH PROVIDERS; TO PROMOTE, SPONSOR, ORGANIZE, AND CONDUCT PROJECTS THAT PROMOTE AND PROTECT THE PUBLIC HEALTH; TO PUBLISH AND DISTRIBUTE GENERAL HEALTH INFORMATION TO INTERESTED PARTIES AND THE GENERAL PUBLIC; TO SUPPORT MEDICAL SCHOOLS; AND TO SUPPORT THE REHABILITATION OF IMPAIRED PHYSICIANS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $998,065

Program Service Revenue $748,921

Investment Income $119,755

Other Revenue $13,268

TOTAL REVENUE $1,880,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,005,120

Other Expenses $1,039,514

TOTAL EXPENSES $1,039,514

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,880,009	$490,954	+2.8%
Expenses	$1,039,514	$236,022	+3.4%
Net Income	$840,495	$254,932	+2.3%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK STEELE DO	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
SEAN HANLEY	DIRECTOR	1.00	Director	$0	$0	$0
LISA LETOURNEAU	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY BARKIN MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JO LINDER MD	DIRECTOR	1.00	Director	$0	$0	$0
MYLAN COHEN MD	DIRECTOR	1.00	Director	$0	$0	$0
DORA ANNE MILLS	DIRECTOR	1.00	Director	$0	$0	$0
LISA RYAN	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE RYDER	DIRECTOR	1.00	Director	$0	$0	$0
TOHO SOMA	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE SPRUCE	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WOODS	DIRECTOR	1.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$1,880,009	$1,039,514	$6,587,909	$840,495
2022	$490,954	$236,022	$5,549,655	$254,932
2021	$138,258	$138,406	$489,117	$-148
2020	$118,286	$133,965	$432,705	$-15,679
2019	$94,303	$114,625	$400,271	$-20,322
2018	$224,711	$162,130	$483,017	$62,581

HANLEY CENTER FOR HEALTH LEADERSHIP AND EDUCATION