OSWEGO HEALTH INC (EIN 161555936) - 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

1997

Legal Domicile

Principal Officer

Michael Harlovic

Phone

3153495531

Tax Period

2023-01-01 to 2023-12-31

OSWEGO HEALTH INC, founded in 1997, is a community nonprofit in the Health Care sector that reported $4.9M in total revenue in fiscal year 2023. Expenses of $4.7M left a modest 4% surplus.

Mission

The mission of Oswego Health, Inc. is to provide accessible quality care and improve the health of residents in our community.

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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 $4,882,806

Investment Income $50,770

Other Revenue $416

TOTAL REVENUE $4,933,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,901,950

Fundraising Expenses $0

Program Expenses $3,844,833

Other Expenses $820,074

TOTAL EXPENSES $4,722,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,933,992	$4,711,205	+0.0%
Expenses	$4,722,024	$4,537,343	+0.0%
Net Income	$211,968	$173,862	+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

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

$1,702,665

Total Directors

$353,720

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Duane Tull MD	Chief Medical Officer	0	Officer	$0	$10,533	$483,387
Michael Backus	President & CEO	0	Officer	$0	$10,533	$483,387
Eric Campbell	CFO	0	Officer	$0	$10,698	$382,171
Michael Harlovic	Former Pres & CEO	0	Officer Director	$0	$92	$353,720
Atom Avery	Past Chair	1	Director	$0	$0	$0
Mark Slayton	Treasurer	1	Director	$0	$0	$0
Scott Van Gorder DO	Director	1	Director	$0	$0	$0
Katie Toomey	Director	1	Director	$0	$0	$0
Victoria Furlong	Vice Chair	1	Director	$0	$0	$0
Ellen Holst	Director	1	Director	$0	$0	$0
William Clark	Director	1	Director	$0	$0	$0
Peter Cullinan	Secretary	1	Director	$0	$0	$0
Adam Gagas	Director	1	Director	$0	$0	$0
Wajeeh Sana	President Medical Staff	1	Director	$0	$0	$0
Lynne Eggert	Director	1	Director	$0	$0	$0
Ron Tascarella	Director	1	Director	$0	$0	$0
Ed Alberts	Chair	1	Director	$0	$0	$0
Timothy Barnhart	Director	1	Director	$0	$0	$0
Daniel Dorsey	Director	1	Director	$0	$0	$0
Paloma Sarkar	Director	1	Director	$0	$0	$0

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	$4,933,992	$4,722,024	$3,947,777	$211,968
2022	$4,711,205	$4,537,343	$4,175,783	$173,862
2021	$2,295,816	$1,882,512	$3,961,801	$413,304
2020	$42,671	$16,911	$2,166,758	$25,760
2019	$49,766	$76,218	$2,109,577	$-26,452
2018	$93,107	$14,278	$2,064,237	$78,829

OSWEGO HEALTH INC