Springfield Medical Care Systems Inc (EIN 030284813) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Joshua Dufresne

Phone

8028868900

Tax Period

2023-10-01 to 2024-09-30

Springfield Medical Care Systems Inc, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $28.1M in total revenue in fiscal year 2023. Expenses of $31.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

Federally Qualified Health Care network providing medical, behavioral health, dental & pharmacy services

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,047,997

Program Service Revenue $23,961,470

Investment Income $0

Other Revenue $70,600

TOTAL REVENUE $28,080,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,464,137

Fundraising Expenses $0

Program Expenses $27,414,516

Other Expenses $10,908,826

TOTAL EXPENSES $31,372,963

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,080,067	$27,165,415	+0.0%
Expenses	$31,372,963	$28,591,896	+0.1%
Net Income	$-3,292,896	$-1,426,481	+1.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

305

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

$602,866

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob Flint	Board Chair	2.00	Officer Director	$0	$0	$0
Arianna Robinson	Vice Chair	1.00	Officer Director	$0	$0	$0
Jim Wilbur	Board Treasurer	2.00	Officer Director	$0	$0	$0
Tony Petrillo	Board Secretary	2.00	Officer Director	$0	$0	$0
Jenny Anderson	Board Member	1.00	Director	$0	$0	$0
Rick Bibens	Board Member	1.00	Director	$0	$0	$0
Richard Dexter III	Board Member	1.00	Director	$0	$0	$0
Julie Martin	Board Member	1.00	Director	$0	$0	$0
Amanda McLeod	Board Member	1.00	Director	$0	$0	$0
Susan White	Board Member	1.00	Director	$0	$0	$0
Kelly Pajala	Board Member	1.00	Director	$0	$0	$0
Jim Rumrill	Board Member	1.00	Director	$0	$0	$0
Cheryl Sanctuary	Board Member	1.00	Director	$0	$0	$0
Joshua Dufresne	CEO	40.00	Officer	$220,548	$40,017	$260,565
Andrew Majka	CFO	40.00	Officer	$179,508	$14,989	$194,497
Katrina Taylor	CMO	30.00	Officer	$144,906	$2,898	$147,804
Daniel Caloras	Physician	40.00	Highest	$253,885	$33,692	$287,577
Meghan L Ward	Physician	40.00	Highest	$251,469	$41,016	$292,485
Rachel Bruce	Physician	40.00	Highest	$228,532	$35,987	$264,519
Sarah Weidhaas	Physician	40.00	Highest	$245,062	$4,901	$249,963
Gary Clay	Physician	40.00	Highest	$253,684	$16,473	$270,157

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	$28,080,067	$31,372,963	$17,624,549	$-3,292,896
2023	$27,165,415	$28,591,896	$20,255,792	$-1,426,481
2022	$25,649,306	$25,752,918	$19,683,914	$-103,612
2021	$27,227,514	$24,018,217	$19,479,475	$3,209,297
2020	$25,733,961	$25,807,688	$19,552,380	$-73,727
2019	$33,589,745	$30,537,281	$18,750,973	$3,052,464
2018	$29,367,502	$30,124,907	$18,161,813	$-757,405

Springfield Medical Care Systems Inc