CHS PHYSICIAN PARTNERS PC (EIN 113613997) - 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

2001

Legal Domicile

Principal Officer

AVNI THAKORE MD

Phone

5165626000

Tax Period

2023-01-01 to 2023-12-31

CHS PHYSICIAN PARTNERS PC, founded in 2001, is a major nonprofit in the Health Care sector that reported $262.6M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $432.5M exceeded revenue, resulting in a 65% operating deficit.

Mission

WE, AT CH, HUMBLY JOIN TOGETHER TO BRING CHRIST'S HEALING MISSION AND THE MISSION OF MERCY OF THE CATHOLIC CHURCH EXPRESSED IN CATHOLIC HEALTH CARE TO OUR 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 $731,146

Program Service Revenue $251,687,778

Investment Income $0

Other Revenue $10,223,084

TOTAL REVENUE $262,642,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $387,052,136

Other Expenses $432,488,676

TOTAL EXPENSES $432,488,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,642,008	$221,447,171	+0.2%
Expenses	$432,488,676	$363,835,001	+0.2%
Net Income	$-169,846,668	$-142,387,830	+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

N/A

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

$2,063,806

Total Directors

$2,063,806

Key Employees

$471,832

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS PAPPAS MD	FORMER VICE PRESIDENT	50.0		$0	$56,946	$1,374,783
AVNI THAKORE MD	PRESIDENT/CAO MEDICAL GROUP	50.0	Officer Director	$0	$72,337	$1,263,078
ANTHONY ARDITO MD	VICE PRESIDENT	50.0	Officer Director	$0	$70,170	$800,728
NAZ KHAN	CMO	50.0	Key Emp	$0	$24,614	$471,832

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	No data	No data	No data	No data
2023	$262,642,008	$432,488,676	$132,153,805	$-169,846,668
2022	$221,447,171	$363,835,001	$80,558,846	$-142,387,830
2021	$204,939,316	$323,363,672	$61,423,993	$-118,424,356
2020	$154,169,179	$276,065,336	$49,626,157	$-121,896,157
2019	$162,372,197	$257,197,604	$34,174,809	$-94,825,407

CHS PHYSICIAN PARTNERS PC