NORTHERN HEALTH PLAN (EIN 201477015) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DAVID BELLAMY

Phone

2315477627

Tax Period

2019-10-01 to 2020-09-30

NORTHERN HEALTH PLAN, founded in 2001, is a small nonprofit that reported $627K in total revenue in fiscal year 2019. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 321% operating deficit.

Mission

TO PROMOTE, ORGANIZE, MANAGE AND ADMINISTER PROJECTS TO ASSURE COST-EFFECTIVE CARE FOR LOW INCOME PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $490

Program Service Revenue $658,213

Investment Income $-31,655

Other Revenue $148

TOTAL REVENUE $627,196

Expense Breakdown

Grants Paid $1,886,000

Salaries & Benefits $35,316

Fundraising Expenses $0

Program Expenses $2,615,922

Other Expenses $717,002

TOTAL EXPENSES $2,638,318

Year-over-Year Comparison

	2019	2018	Change
Revenue	$627,196	$1,428,878	-0.6%
Expenses	$2,638,318	$1,586,612	+0.7%
Net Income	$-2,011,122	$-157,734	+11.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$2,080

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE BAUMGARDNER	BOARD MEMBER	0.50	Director	$0	$0	$0
MYRNA HOLLAND	BOARD MEMBER	0.50	Director	$0	$0	$0
ROBERT COURTOIS	BOARD MEMBER	0.50	Director	$0	$0	$0
CAROL SHAFTO	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA PEACOCK	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN BRUNING	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID BELLAMY	EXECUTIVE DIRECTOR	8.00	Officer	$2,080	$0	$2,080

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
2020	$627,196	$2,638,318	No data	$-2,011,122
2019	$1,428,878	$1,586,612	$2,248,282	$-157,734
2018	$1,272,054	$1,438,384	$2,355,202	$-166,330

NORTHERN HEALTH PLAN