SOUTH COVE COMMUNITY HEALTH CENTER INC (EIN 042501818) - 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

1972

Legal Domicile

Principal Officer

ERIC TIBERI

Phone

6175216708

Tax Period

2023-07-01 to 2024-06-30

SOUTH COVE COMMUNITY HEALTH CENTER INC, founded in 1972, is a mid-sized nonprofit that reported $62.4M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $21.2M, a strong 34% operating margin.

Mission

PROVIDE HEALTH CARE AND EDUCATION TO LOCAL COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,362,131

Program Service Revenue $48,678,245

Investment Income $4,305,252

Other Revenue $10,000

TOTAL REVENUE $62,355,628

Expense Breakdown

Grants Paid $2,000,000

Salaries & Benefits $28,151,460

Fundraising Expenses $0

Program Expenses $32,933,247

Other Expenses $11,010,846

TOTAL EXPENSES $41,162,306

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,355,628	$52,795,627	+0.2%
Expenses	$41,162,306	$35,350,945	+0.2%
Net Income	$21,193,322	$17,444,682	+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

324

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

$706,705

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
APRIL TANG	PRESIDENT	1.00	Officer Director	$0	$0	$0
CINDY CHEN	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS BIRCH	DIRECTOR	1.00	Director	$0	$0	$0
I-MIN LEE	DIRECTOR	1.00	Director	$0	$0	$0
HERMAN LEE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHI MA	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN TANG	DIRECTOR	1.00	Director	$0	$0	$0
MAI DU	DIRECTOR	1.00	Director	$0	$0	$0
THUY TRAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID YEE	DIRECTOR	1.00	Director	$0	$0	$0
PETER NG	DIRECTOR	1.00	Director	$0	$0	$0
MEEI-HUEY LI	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN CHINSEN	DIRECTOR	1.00	Director	$0	$0	$0
ALVIN WING	DIRECTOR	1.00	Director	$0	$0	$0
MAY KWAN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC TIBERI	CEO	39.00	Officer	$458,489	$28,545	$487,034
JEANINE GUFFEY	CFO	40.00	Officer	$184,944	$34,727	$219,671
RONG GUAN	ADULT DOCTOR	40.00	Highest	$629,464	$16,099	$645,563
YUHENG RUAN	ADULT DOCTOR	40.00	Highest	$542,696	$14,979	$557,675
QIYUE HU	ADULT DOCTOR	40.00	Highest	$433,520	$33,704	$467,224
MINPING LIU	ADULT DOCTOR	40.00	Highest	$675,743	$41,868	$717,611
CHIA WEN LEE	ADULT DOCTOR	40.00	Highest	$429,737	$40,194	$469,931

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	$62,355,628	$41,162,306	$171,491,362	$21,193,322
2023	$52,795,627	$35,350,945	$147,146,455	$17,444,682
2022	$51,616,127	$36,331,147	$128,100,399	$15,284,980
2021	$45,960,280	$33,558,554	$111,050,889	$12,401,726
2020	$39,967,212	$32,288,144	$98,801,084	$7,679,068
2019	$40,145,451	$31,912,787	$89,614,890	$8,232,664
2018	$39,770,322	$31,703,818	$81,417,238	$8,066,504

SOUTH COVE COMMUNITY HEALTH CENTER INC