SPIRIT PHYSICIAN SERVICES INC (EIN 251766971) - 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

1995

Legal Domicile

Principal Officer

STEVE MASSINI

Phone

7177632100

Tax Period

2022-07-01 to 2023-06-30

SPIRIT PHYSICIAN SERVICES INC, founded in 1995, is a mid-sized nonprofit that reported $19.5M in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $43.2M exceeded revenue, resulting in a 121% operating deficit.

Mission

TO SUPPORT PENN STATE HEALTH HOLY SPIRIT MEDICAL CENTER'S MISSION AS A COMMUNITY HEALTH SYSTEM.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $19,046,478

Investment Income $0

Other Revenue $474,162

TOTAL REVENUE $19,520,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,207,598

Fundraising Expenses $0

Program Expenses $34,750,311

Other Expenses $8,997,369

TOTAL EXPENSES $43,204,967

Year-over-Year Comparison

	2022	2021	Change
Revenue	$19,520,640	$83,868,887	-0.8%
Expenses	$43,204,967	$139,268,400	-0.7%
Net Income	$-23,684,327	$-55,399,513	-0.6%

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

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

$2,402,605

Total Directors

$2,776,784

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS STOESSEL	DIRECTOR / PSH EVP	1.00	Director	$0	$61,645	$1,180,877
DEBORAH ADDO	DIRECTOR / PSH COO	1.00	Director	$0	$48,852	$969,615
DONALD MCKENNA	DIRECTOR / PRESIDENT	1.00	Officer Director	$0	$104,444	$626,292
SISTER JOANN MARIE AUMAND SCC	DIRECTOR (THRU 6/23)	1.00	Director	$0	$0	$0
PAULA TINCH	TREASURER / PSH CFO & EVP	1.00	Officer	$0	$119,863	$928,345
NICOLE LEHMAN	INTERIM SEC. (PSU EMP)	1.00	Officer	$0	$97,256	$373,998
ROSS DARROW	VICE PRESIDENT, TREASURER	1.00	Officer	$0	$61,619	$363,497
KATHLEEN MILLER	ASSOC. SECRETARY	1.00	Officer	$0	$10,921	$110,473
SAFWAT GASSIS MD	PHYSICIAN	40.00	Highest	$0	$62,024	$965,369
DAVID C MAN MD	PHYSICIAN	40.00	Highest	$0	$61,922	$856,979
ANDREAS U WALI MD FACC FSCAI	PHYSICIAN	40.00	Highest	$0	$62,024	$691,846
STEPHEN MASSINI	FMR DIR (THRU 6/22) / PSH CEO	0.00		$0	$61,645	$1,661,502
PETER DILLON MD	FMR DIR (THRU 6/22) / PSH EVP	0.00		$0	$55,758	$1,074,328
KYLE C SNYDER MHA	FMR OFF (THRU 7/22) / REG. COO	0.00		$0	$72,765	$497,794
RANDY B MORRIS	FMR OFF (THRU 10/20) / PSH VP FIN.	0.00		$0	$55,762	$400,356
ANNEMARIE BOYAN	FMR SEC/PSH GC (PSU EMP) (THRU 2/22)	0.00		$0	$12,694	$154,783
J BRET DELONE	FMR KE (THRU 6/21) / VP MED AFFAIRS	0.00		$0	$40,629	$600,550
SHUBHRA KUMAR-BRADLEY	FMR KE (THRU 6/20) / PHYSICIAN	0.00		$0	$60,618	$401,689

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
2023	$19,520,640	$43,204,967	No data	$-23,684,327
2022	$83,868,887	$139,268,400	$35,665,527	$-55,399,513
2021	$134,493,398	$225,545,050	$28,348,186	$-91,051,652
2020	$90,418,835	$157,835,509	$24,728,124	$-67,416,674
2019	$83,204,356	$134,948,561	$14,307,466	$-51,744,205
2018	$80,130,253	$129,918,417	$22,386,905	$-49,788,164

SPIRIT PHYSICIAN SERVICES INC