HEALTHCENTRIC ADVISORS INC (EIN 050487616) - 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

2003

Legal Domicile

Principal Officer

JOHN KEIMIG

Phone

4015283200

Tax Period

2023-08-01 to 2024-07-31

HEALTHCENTRIC ADVISORS INC, founded in 2003, is a community nonprofit in the Diseases & Disorders sector that reported $6.9M in total revenue in fiscal year 2023. Expenses of $6.5M left a modest 6% surplus.

Mission

TO DEVELOP AND PROVIDE CONSULTATION, EDUCATION, AND RESOURCES THAT MEASURE AND IMPROVE THE QUALITY, SAFETY AND VALUE OF HEALTHCARE.

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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 $5,579,974

Program Service Revenue $1,206,844

Investment Income $141,762

Other Revenue $0

TOTAL REVENUE $6,928,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,979,856

Fundraising Expenses $0

Program Expenses $4,847,374

Other Expenses $1,533,426

TOTAL EXPENSES $6,513,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,928,580	$7,010,187	0.0%
Expenses	$6,513,282	$6,001,303	+0.1%
Net Income	$415,298	$1,008,884	-0.6%

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

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

$653,975

Total Directors

$391,842

Key Employees

$273,847

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
H JOHN KEIMIG MHA FACHE	CEO	40.00	Officer Director	$317,837	$74,005	$391,842
STEPHEN J KOGUT PHD MBA RPH	CHAIR - TERM EXP. 5/31/24	0.50	Officer Director	$0	$0	$0
MATTHEW R TRIMBLE CNHA	CHAIR - BEG. 6/1/24	0.50	Officer Director	$0	$0	$0
DONNA HUNTLEY-NEWBY PHD RN	VICE CHAIR	0.50	Officer Director	$0	$0	$0
CLAIRE M IACOBUCCI CPA	TREASURER	0.50	Officer Director	$0	$0	$0
HUGH J HALL	SECRETARY	0.50	Officer Director	$0	$0	$0
NEAL J GALINKO MD	DIRECTOR	0.50	Director	$0	$0	$0
THE HONORABLE THOMAS J IZZO	DIRECTOR	0.50	Director	$0	$0	$0
G ALAN KUROSE MD MBA	DIRECTOR - TERM EXP. 5/31/24	0.50	Director	$0	$0	$0
GUS MANOCCHIA MD	DIRECTOR - TERM EXP. 5/31/24	0.50	Director	$0	$0	$0
PAUL F MCKENNEY MD	DIRECTOR	0.50	Director	$0	$0	$0
PAULA A PARKER MSW LCSW	DIRECTOR	0.50	Director	$0	$0	$0
ALLISON VENTURA-TESILLO	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN AMELOTTE	CHIEF FINANCIAL OFFICER	40.00	Officer	$205,788	$56,345	$262,133
GAIL PATRY RN CPEHR	CHIEF OPERATIONS OFFICER	40.00	Key Emp	$214,941	$58,906	$273,847
KARA H BUTLER	DIRECTOR OF ADMINISTRATIVE	40.00	Highest	$163,492	$55,339	$218,831
LYNNE CHASE	PROGRAM DIRECTOR	40.00	Highest	$142,029	$19,136	$161,165
MARGUERITE MCLAUGHLIN	PROGRAM DIRECTOR	40.00	Highest	$132,730	$35,175	$167,905
KAREN D'ANTONIO	PROGRAM DIRECTOR	40.00	Highest	$112,023	$14,941	$126,964
BLAKE MORPHIS	PROGRAM DIRECTOR	40.00	Highest	$119,827	$33,273	$153,100

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	$6,928,580	$6,513,282	$5,574,508	$415,298
2023	$7,010,187	$6,001,303	$5,282,853	$1,008,884
2022	$4,794,668	$4,544,153	$3,654,793	$250,515
2021	$5,412,718	$5,513,660	$3,331,471	$-100,942
2020	$6,211,896	$6,939,404	$4,248,387	$-727,508
2019	$16,222,405	$15,534,960	$4,994,143	$687,445
2018	$14,981,445	$14,522,378	$4,603,464	$459,067

HEALTHCENTRIC ADVISORS INC