SACRED HEART HEALTHCARE SYSTEM (EIN 232328297) - 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

1984

Legal Domicile

Principal Officer

THOMAS P LICHTENWALNER

Phone

6107764500

Tax Period

2018-07-01 to 2019-06-30

SACRED HEART HEALTHCARE SYSTEM, founded in 1984, is a small nonprofit in the Health Care sector that reported $576K in total revenue in fiscal year 2018. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $458K, a strong 80% operating margin.

Mission

TO PROMOTE THE HEALTH, CHARITABLE AND EDUCATIONAL PURPOSES OF ST. LUKE'S HEALTH NETWORK, INC., SACRED HEART HOSPITAL OF ALLENTOWN AND OTHER AFFILIATES OF THE NETWORK.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $272,231

Investment Income $303,357

Other Revenue $0

TOTAL REVENUE $575,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,928

Other Expenses $117,697

TOTAL EXPENSES $117,697

Year-over-Year Comparison

	2018	2017	Change
Revenue	$575,588	$17,156,829	-1.0%
Expenses	$117,697	$26,561,781	-1.0%
Net Income	$457,891	$-9,404,952	-1.0%

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

N/A

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

$875,709

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS P LICHTENWALNER	TRUSTEE - SVP FINANCE & CFO	55.0	Officer Director	$0	$0	$0
ROBERT L WAX ESQ	TRUSTEE	55.0	Director	$0	$0	$0
JOHN L NESPOLI	PRESIDENT/CEO (7/18-12/15)	55.0	Officer	$0	$0	$0
FRANK FORD	PRESIDENT (EFF 12/16/18)	55.0	Officer	$0	$0	$0
ANGELA LONG	VP CHIEF NURSING OFFICER	55.0	Officer	$0	$13,881	$462,640
JOHN S HRUBENAK	VP OPERATIONS & BUS. DEV.	55.0	Officer	$0	$21,796	$190,300
KATHLEEN A SEITZIGER	VP BEHAVIORAL HEALTH	55.0	Officer	$0	$3,455	$130,171
FARROKH SADR MD	VPMA	55.0	Officer	$0	$6,294	$92,598

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
2019	$575,588	$117,697	$3,397,411	$457,891
2018	$17,156,829	$26,561,781	$8,093,468	$-9,404,952

SACRED HEART HEALTHCARE SYSTEM