POINT32HEALTH FOUNDATION INC (EIN 261374263) - 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

2007

Legal Domicile

Principal Officer

NORA MORENO CARGIE

Phone

6179729400

Tax Period

2023-01-01 to 2023-12-31

POINT32HEALTH FOUNDATION INC, founded in 2007, is a mid-sized nonprofit in the Health Care sector that reported $20.2M in total revenue in fiscal year 2023. The organization ran a surplus of $8.8M, a strong 44% operating margin.

Mission

POINT32HEALTH FOUNDATION WORKS WITH COMMUNITIES TO SUPPORT, ADVOCATE AND ADVANCE HEALTHIER LIVES FOR EVERYONE.

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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 $6,000,000

Program Service Revenue $0

Investment Income $14,243,666

Other Revenue $0

TOTAL REVENUE $20,243,666

Expense Breakdown

Grants Paid $9,358,037

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,031,772

Other Expenses $2,053,529

TOTAL EXPENSES $11,411,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,243,666	$-10,023,856	-3.0%
Expenses	$11,411,566	$11,303,663	+0.0%
Net Income	$8,832,100	$-21,327,519	-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

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

$3,320,788

Total Directors

$6,167,522

Key Employees

$845,896

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAIN HAYES	PRESIDENT & CEO	5.0	Director	$0	$387,442	$4,246,459
UMESH KURPAD	FORMER OFFICER	0.0		$0	$166,409	$1,621,244
TISA HUGHES	FORMER CLERK/SECRETARY	0.0		$0	$135,726	$1,466,203
MARK PORTER	TREASURER (START 10/12)	5.0	Officer	$0	$166,825	$1,222,453
KRISTIN LEWIS	DIRECTOR (1/1-6/7;10/12-12/31)	5.0	Director	$0	$152,533	$1,187,178
R SCOTT WALKER	P32H CFO (START 7/5)	2.5	Key Emp	$0	$117,945	$845,896
SUSAN KEE	CLERK/SECRETARY	5.0	Officer	$0	$72,203	$717,571
NORA MORENO CARGIE	DIR; PRES FND & VP CORP CSHIP	50.0	Officer Director	$0	$84,611	$692,385
ROLAND PRICE	TREASURER (END 10/11)	5.0	Officer	$0	$79,256	$675,379
PHILLIP GONZALEZ	DIRECTOR, COMM. INVESTMENTS	50.0	Highest	$0	$37,634	$261,750
ALRIE DANIELCZYK	DIR, COMM. & STKHOLDER ENGAGE.	50.0	Highest	$0	$43,995	$257,235
CAITLIN SULLIVAN	PROGRAM OFFICER	50.0	Highest	$0	$31,993	$147,893
GREG SHELL	DIRECTOR & CHAIR	2.0	Officer Director	$0	$0	$13,000
JO ANN SIMONS	DIRECTOR	1.0	Director	$5,000	$0	$5,000
HEIDI BROOKS	DIRECTOR	1.0	Director	$4,000	$0	$4,000
CHARLOTTE GOLAR RICHIE	DIRECTOR	1.0	Director	$4,000	$0	$4,000
BENJAMIN PERKINS	DIRECTOR	1.0	Director	$4,000	$0	$4,000
MARY SKELTON ROBERTS	DIRECTOR	1.0	Director	$4,000	$0	$4,000
MARYLOU SUDDERS	DIRECTOR (START 3/9)	1.0	Director	$4,000	$0	$4,000
LEN FISHMAN	DIRECTOR	1.0	Director	$3,500	$0	$3,500
MARTY COHEN	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT LEWIS JR	DIRECTOR (END 2/15)	1.0	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	$20,243,666	$11,411,566	$117,686,597	$8,832,100
2022	$-10,023,856	$11,303,663	$108,794,480	$-21,327,519
2021	$19,685,263	$7,793,433	$128,427,090	$11,891,830
2020	$3,508,383	$7,961,051	$111,689,754	$-4,452,668
2019	$7,885,480	$6,657,554	$107,159,016	$1,227,926
2018	$7,598,660	$5,507,203	$72,878,442	$2,091,457

POINT32HEALTH FOUNDATION INC