RED JACKET CENTER INC (EIN 161037658) - 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

J CHAD TEETERS MD

Phone

5853356001

Tax Period

2023-07-01 to 2024-06-30

RED JACKET CENTER INC, founded in 1972, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $480K, a strong 38% operating margin.

Mission

RED JACKET CENTER, INC. PROVIDES RENTAL SPACE FOR FAMILY PHYSICIANS, PEDIATRICIANS, OPHTHALMOLOGISTS, SURGEONS, AND NICHOLAS H. NOYES MEMORIAL HOSPITAL.

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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 $0

Program Service Revenue $1,263,827

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,263,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $784,228

Other Expenses $784,228

TOTAL EXPENSES $784,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,263,827	$1,067,463	+0.2%
Expenses	$784,228	$930,597	-0.2%
Net Income	$479,599	$136,866	+2.5%

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

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

$1,179,782

Total Directors

$5,127,604

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J CHAD TEETERS MD	PRESIDENT/CHIEF EXECUTIVE	2.00	Officer Director	$0	$65,587	$649,245
RICHARD RIZZIERI	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MATT COLE	FIRST VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
LINDSAY QUINTILONE	SECOND VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DOMENICK MARTELLO	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
BARBARA FRAZER	TREASURER	1.00	Officer Director	$0	$0	$0
MARILYN M MOORE	SECRETARY	5.00	Officer Director	$0	$0	$0
JOAN FLENDER MD	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
STEVEN GOLDSTEIN	UR DIRECTOR	2.00	Director	$0	$214,557	$1,848,105
STEVE HARRISON	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MCCANN MD	UR DIRECTOR	2.00	Director	$0	$69,444	$571,354
JOHN QUINLAN	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
AHSEN SHEIKH MD	PRESIDENT, MEDICAL STAFF	1.00	Director	$0	$0	$0
BERNARD SWEENEY MD	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
MARK TAUBMAN MD	UR DIRECTOR	2.00	Director	$0	$179,258	$2,058,900
JAMES CULBERTSON	COMMUNITY DIRECTOR	1.00	Director	$0	$0	$0
GEOFFREY WITTIG MD	PRESIDENT-ELECT, MEDICAL STAFF	1.00	Director	$0	$0	$0
BRIAN FORESMAN MD	PRESIDENT-ELECT, MEDICAL STAFF	1.00	Director	$0	$0	$0
MARK PRUNOSKE	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$82,700	$530,537

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	$1,263,827	$784,228	$10,066,903	$479,599
2023	$1,067,463	$930,597	$10,467,622	$136,866
2022	$1,143,443	$960,115	$11,434,498	$183,328
2021	$1,165,719	$970,966	$11,016,695	$194,753
2019	$1,229,888	$1,013,447	$11,876,933	$216,441
2018	$1,102,327	$1,166,086	$12,808,124	$-63,759

RED JACKET CENTER INC