CHOICES HEALTHCARE (EIN 232122735) - 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

1980

Legal Domicile

Principal Officer

MICHAEL LINK

Phone

7172953900

Tax Period

2024-01-01 to 2024-12-31

CHOICES HEALTHCARE, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $56.3M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

CHOICES HEALTHCARE PROVIDES PERSONALIZED, COMPASSIONATE CARE AND SUPPORT FOR PATIENTS AND FAMILIES COPING WITH SERIOUS ILLNESS THROUGH THE END OF LIFE.

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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 $7,864,943

Program Service Revenue $44,914,459

Investment Income $3,555,024

Other Revenue $-16,461

TOTAL REVENUE $56,317,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,820,924

Fundraising Expenses $1,405,878

Program Expenses $51,363,519

Other Expenses $13,526,620

TOTAL EXPENSES $58,347,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,317,965	$43,906,652	+0.3%
Expenses	$58,347,544	$39,374,806	+0.5%
Net Income	$-2,029,579	$4,531,846	-1.4%

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

611

Volunteers

1490

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

$2,580,194

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEOFFREY W EDDOWES	CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM WILKISON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PATRICIA HIGGINS	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN A BIONDOLILLO	TREASURER	1.00	Officer Director	$0	$0	$0
DARA BACHMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD BAILEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GRACE NGUYEN BOND	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL K CALLAHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE CARFLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT L FRYER JR	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GASPERACK DO	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON GIERASCH	BOARD MEMBER	1.00	Director	$0	$0	$0
LESLIE GORBEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DENNIS GRIEST	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GROFF	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY HELMUTH	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD HOGENTOGLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIA JACKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER MATLOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
ADAM METZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNN MILLS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALYSSA MOYER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI REESE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL RIPCHINSKI MD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSHUA SHIPLEY MD	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE SNYDER	BOARD MEMBER	1.00	Director	$0	$0	$0
HANK STRAUB	BOARD MEMBER	1.00	Director	$0	$0	$0
J DAVID SWARTLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN M KNAUB	CEO	32.00	Officer	$406,166	$48,025	$454,191
MICHAEL LINK	COO	40.00	Officer	$244,190	$35,526	$279,716
KRISTA KAE HAZEN	SR VICE PRESIDENT/CFO	40.00	Officer	$277,769	$43,523	$321,292
BONNIE JESS LOPANE	VP, CHIEF DEVELOPMENT OFFICER	40.00	Officer	$208,685	$22,269	$230,954
BRENT KEENER	VICE PRESIDENT, HR	40.00	Officer	$199,425	$47,739	$247,164
DEBRA VERMETTE	VP CMO	40.00	Officer	$333,586	$23,150	$356,736
PAIGE PAYNE	VP, PT CARE	40.00	Officer	$196,121	$39,354	$235,475
GILBERT BROWN	PRESIDENT	40.00	Officer	$281,254	$28,238	$309,492
SUSAN RESAVY	VICE PRESIDENT OF FAMILY SERVICES	40.00	Officer	$122,168	$23,006	$145,174
MARIA HAYES	HOSPICE PHYSICIAN	32.00	Highest	$231,674	$43,644	$275,318
COLLEN HAZLETT-O'BRIEN	MEDICAL DIRECTOR	40.00	Highest	$254,402	$48,154	$302,556
MARIA OLENDER	MEDICAL DIRECTOR	40.00	Highest	$261,776	$32,591	$294,367
JOHNATHAN TRIANTAFYLLOU	HOSPICE PHYSICIAN	40.00	Highest	$234,621	$11,549	$246,170
RYAN DELONG	ASSOCIATE MEDICAL DIRECTOR	30.00	Highest	$210,214	$6,558	$216,772

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	$56,317,965	$58,347,544	$89,097,180	$-2,029,579
2023	$43,906,652	$39,374,806	$70,530,909	$4,531,846
2022	$41,854,891	$39,656,107	$66,839,843	$2,198,784
2021	$44,243,514	$41,581,548	$68,034,775	$2,661,966
2020	$42,693,764	$39,635,797	$62,105,479	$3,057,967
2019	$38,817,324	$36,826,427	$56,647,862	$1,990,897
2018	$36,011,315	$33,962,253	$50,718,798	$2,049,062

CHOICES HEALTHCARE