GENESIS HEALTHCARE INC (EIN 010932846) - 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

2009

Legal Domicile

Principal Officer

TONY R MEGNA

Phone

8032543676

Tax Period

2022-07-01 to 2023-06-30

GENESIS HEALTHCARE INC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $65.0M in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19.7M, a strong 30% operating margin.

Mission

TO PROVIDE MEDICAL, DENTAL, AND PHARMACEUTICAL SERVICES TO THE COMMUNITY SERVED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $22

Program Service Revenue $62,534,569

Investment Income $1,920,803

Other Revenue $583,139

TOTAL REVENUE $65,038,533

Expense Breakdown

Grants Paid $78,563

Salaries & Benefits $19,900,921

Fundraising Expenses $0

Program Expenses $35,280,341

Other Expenses $25,320,095

TOTAL EXPENSES $45,299,579

Year-over-Year Comparison

	2022	2021	Change
Revenue	$65,038,533	$53,616,035	+0.2%
Expenses	$45,299,579	$37,708,431	+0.2%
Net Income	$19,738,954	$15,907,604	+0.2%

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

271

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

$4,567,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CORRY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JENNIFER POWELL	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
MICHAEL S MCMANUS	VICE-CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROOSEVELT SCOTT	TREASURER	2.00	Officer Director	$0	$0	$0
JOHN KIMBROUGH	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT EAGERTON	BOARD MEMBER	2.00	Director	$0	$0	$0
MAL HYMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
KAREN M LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN C RAMSEY	BOARD MEMBER	2.00	Director	$0	$0	$0
THOMAS TC SAWYER	BOARD MEMBER	2.00	Director	$0	$0	$0
ERNESTINE FERGUSON	BOARD MEMBER	2.00	Director	$0	$0	$0
WILBUR COLEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
TONY R MEGNA	CHIEF EXECUTIVE OFFICER	60.00	Officer	$545,181	$53,248	$598,429
KATHRINE NOYES MILLIGAN	CHIEF SPECIAL PROJECTS OFFICER	60.00	Officer	$436,150	$48,079	$484,229
PAUL FULBRIGHT	CHIEF INFORMATION OFFICER	60.00	Officer	$443,908	$48,079	$491,987
ALEXANDER COHEN	CHIEF MEDICAL OFFICER	60.00	Officer	$467,500	$48,079	$515,579
PRISCILLA WELCH	CHIEF MEDICAL OFFICER	60.00	Officer	$472,458	$39,977	$512,435
KIMBERLY WEATHERFORD	CHIEF OPERATIONS OFFICER	60.00	Officer	$300,660	$31,578	$332,238
MARK CALLAHAN	CHIEF FACILITIES MAINTENANCE OFFICER	60.00	Officer	$304,374	$47,038	$351,412
HELEN MILLING-CARROLL	CHIEF COMPLIANCE OFFICER	60.00	Officer	$294,253	$49,293	$343,546
WARREN M MATTHEWS	CHIEF OF PHARMACY OPERATIONS	60.00	Officer	$290,715	$39,774	$330,489
CHERI FOWLER	CHIEF COMMUNICATIONS OFFICER	60.00	Officer	$165,400	$38,204	$203,604
NATHAN PRABHAKAR	EXECUTIVE FINANCE OFFICER	55.00	Officer	$195,115	$38,889	$234,004
ALTHIA MANUEL	CLINICAL REVENUE CYCLE OFFICER	50.00	Officer	$139,038	$30,010	$169,048
BRENT BAROODY	PHYSICIAN OBGYN	40.00	Highest	$253,379	$17,577	$270,956
MICHAEL W BARRETT	PHYSICIAN	40.00	Highest	$189,473	$26,929	$216,402
BRIAN HEASTER	PHYSICIAN	40.00	Highest	$202,845	$17,369	$220,214
ISABEL MENDOZA	PHYSICIAN	40.00	Highest	$168,139	$12,375	$180,514
PETER O'KELLY	PHYSICIAN	40.00	Highest	$321,618	$26,238	$347,856

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$65,038,533	$45,299,579	$119,491,237	$19,738,954
2022	$53,616,035	$37,708,431	$100,474,165	$15,907,604
2021	$52,766,901	$33,535,756	$86,839,184	$19,231,145
2020	$45,906,380	$27,055,240	$66,565,798	$18,851,140
2019	$40,248,580	$25,137,860	$48,589,182	$15,110,720
2019	$40,248,580	$25,137,860	$48,589,182	$15,110,720
2018	$34,756,756	$22,438,042	$32,178,860	$12,318,714

GENESIS HEALTHCARE INC