SCHC COMPANIES INC (EIN 222943771) - 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

1978

Legal Domicile

Principal Officer

DR OFRONA REID

Phone

3154767921

Tax Period

2024-01-01 to 2024-12-31

SCHC COMPANIES INC, founded in 1978, is a small nonprofit in the Health Care sector that reported $398K in total revenue in fiscal year 2024. Expenses of $503K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROVIDE QUALITY HEALTH CARE SERVICES TO ALL INDIVIDUALS WITH A COMMITMENT TO THOSE WHO MIGHT OTHERWISE BE EXCLUDED FROM THE HEALTHCARE SYSTEM WHILE REMAINING COST EFFECTIVE, EFFICIENT, AND COMPETITIVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $398,460

Investment Income $0

Other Revenue $0

TOTAL REVENUE $398,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $398,481

Other Expenses $503,133

TOTAL EXPENSES $503,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$398,460	$398,460	N/A
Expenses	$503,133	$516,069	0.0%
Net Income	$-104,673	$-117,609	-0.1%

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

$1,641,708

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HON VANESSA E BOGAN	CHAIR	2.00	Officer Director	$0	$0	$0
STEVEN WILLIAMS	FIRST VICE-CHAIR	2.00	Officer Director	$0	$0	$0
HARRY THOMPSON	SECOND VICE-CHAIR	2.00	Officer Director	$0	$0	$0
STEPHEN MARKLEY	TREASURER	2.00	Officer Director	$0	$0	$0
BRUCE CONNER	SECRETARY	2.00	Officer Director	$0	$0	$0
CHARLES CONOLE	DIRECTOR	2.00	Director	$0	$0	$0
AGNES MCCRAY	DIRECTOR	2.00	Director	$0	$0	$0
DR BRIAN THOMPSON	DIRECTOR	2.00	Director	$0	$0	$0
DR SETH KRONENBERG	DIRECTOR	2.00	Director	$0	$0	$0
DRAKE HARRISON	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH O'HARA	DIRECTOR	2.00	Director	$0	$0	$0
SHIRLEY ROWSER	DIRECTOR	2.00	Director	$0	$0	$0
PAULA FREEDMAN	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG A WILLIAMS	CHIEF ADMINISTRATIVE OFFIC	3.00	Officer	$0	$31,655	$222,127
JOHN MILLIGAN	CHIEF FINANCIAL OFFICER	3.00	Officer	$0	$28,564	$319,430
JESSICA YOXALL	CHIEF OPERATING OFFICER	3.00	Officer	$0	$46,454	$229,675
CHIMA CHIONUMA	CHIEF MEDICAL OFFICER	3.00	Officer	$0	$51,981	$365,922
OFRONA REID	PRESIDENT & CEO	3.00	Officer	$0	$45,196	$504,554

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	$398,460	$503,133	$790,226	$-104,673
2023	$398,460	$516,069	$894,372	$-117,609
2022	$398,478	$534,539	$1,245,886	$-136,061
2021	$398,460	$552,318	$1,289,791	$-153,858
2020	$398,460	$527,621	$1,379,537	$-129,161
2019	$398,460	$119,036	$1,471,698	$279,424
2018	$-103,083	$44,758	$1,182,274	$-147,841

SCHC COMPANIES INC