Bacharach Hospital Foundation Inc (EIN 223049576) - 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

1990

Legal Domicile

Principal Officer

Philip Perskie

Phone

6097485466

Tax Period

2023-01-01 to 2023-12-31

Bacharach Hospital Foundation Inc, founded in 1990, is a community nonprofit in the Health Care sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 141% from the prior year, signaling strong growth momentum. Expenses of $6.1M exceeded revenue, resulting in a 122% operating deficit.

Mission

Support the charitable mission of the Bacharach Institute for Rehabiliation.

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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 $118,741

Program Service Revenue $0

Investment Income $2,613,662

Other Revenue $10,820

TOTAL REVENUE $2,743,223

Expense Breakdown

Grants Paid $6,000,000

Salaries & Benefits $0

Fundraising Expenses $3,251

Program Expenses $6,000,000

Other Expenses $92,807

TOTAL EXPENSES $6,092,807

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,743,223	$1,136,383	+1.4%
Expenses	$6,092,807	$3,087,941	+1.0%
Net Income	$-3,349,584	$-1,951,558	+0.7%

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

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

$140,517

Total Directors

$140,517

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard J Kathrins	President	1.00	Officer Director	$0	$5,494	$140,517
Philip Perskie	Chairperson	1.00	Director	$0	$0	$0
Roy Goldberg	Vice Chairperson & Secretary	1.00	Director	$0	$0	$0
Philip DiBeradino	Treasurer	1.00	Director	$0	$0	$0
James Lees	Director	1.00	Director	$0	$0	$0
Doortja Fenwick	Director	1.00	Director	$0	$0	$0
Ronald Rossi	Director	1.00	Director	$0	$0	$0
Lawrence Naame MD	Director	1.00	Director	$0	$0	$0
Michael Fedorko	Director	1.00	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	$2,743,223	$6,092,807	$26,294,990	$-3,349,584
2022	$1,136,383	$3,087,941	$29,517,796	$-1,951,558
2021	$2,558,609	$3,480,622	$35,602,333	$-922,013
2020	$3,320,261	$4,331,491	$36,998,355	$-1,011,230
2019	$2,131,638	$4,649,391	$36,988,200	$-2,517,753
2018	$4,370,871	$3,714,366	$36,568,945	$656,505

Bacharach Hospital Foundation Inc