CONCORD HOSPITAL ASSOCIATES (EIN 020237260) - 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

1956

Legal Domicile

Principal Officer

KATHLEEN AMES

Phone

6032281193

Tax Period

2017-10-01 to 2018-09-30

CONCORD HOSPITAL ASSOCIATES, founded in 1956, is a small nonprofit that reported $355K in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $401K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO SUPPPORT CONCORD HOSPITAL'S CHARITABLE MISSION BY PROVIDING RESOURCES FOR THE HOSPITAL'S COMMUNITY BENEFIT PROGRAMS AND SERVICES.

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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 (2017)

Revenue Breakdown

Contributions & Grants $1,665

Program Service Revenue $0

Investment Income $13,081

Other Revenue $339,979

TOTAL REVENUE $354,725

Expense Breakdown

Grants Paid $101,775

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $399,503

Other Expenses $299,082

TOTAL EXPENSES $400,857

Year-over-Year Comparison

	2017	2016	Change
Revenue	$354,725	$326,175	+0.1%
Expenses	$400,857	$301,933	+0.3%
Net Income	$-46,132	$24,242	-2.9%

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
MARY BETH WHITE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ANTHONY QUINN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KATHLEEN AMES	TREASURER	2.00	Officer Director	$0	$0	$0
SUSAN CHAMPNEY	SECRETARY	2.00	Officer Director	$0	$0	$0
JENNIFER LOGINOV	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE LANGWASSER	DIRECTOR	1.00	Director	$0	$0	$0
CAROL CURTIS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER WESTOVER	DIRECTOR	1.00	Director	$0	$0	$0
MARIE JONES	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT STEIGMEYER	DIRECTOR	1.00	Director	$0	$0	$0
JODY BLUMBERG	DIRECTOR	1.00	Director	$0	$0	$0
JANET MOYER	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
2018	$354,725	$400,857	$381,332	$-46,132

CONCORD HOSPITAL ASSOCIATES