ARCHBOLD MEDICAL GROUP INC (EIN 262988454) - 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

2008

Legal Domicile

Principal Officer

DARCY M CRAVEN

Phone

2292282880

Tax Period

2023-10-01 to 2024-09-30

ARCHBOLD MEDICAL GROUP INC, founded in 2008, is a mid-sized nonprofit in the Health Care sector that reported $17.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $41.5M exceeded revenue, resulting in a 143% operating deficit.

Mission

TO PROVIDE QUALIFIED HEALTH CARE PROFESSIONALS TO PERFORM HEALTH CARE SERVICES ESSENTIAL TO THE PREVENTION AND TREATMENT OF DISEASE FOR THE BENEFIT OF ALL INDIVIDUALS IN ITS SERVICE AREA.

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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 $0

Program Service Revenue $14,661,198

Investment Income $63

Other Revenue $2,397,401

TOTAL REVENUE $17,058,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,424,034

Fundraising Expenses $0

Program Expenses $36,414,320

Other Expenses $10,098,155

TOTAL EXPENSES $41,522,189

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,058,662	$18,305,018	-0.1%
Expenses	$41,522,189	$38,961,735	+0.1%
Net Income	$-24,463,527	$-20,656,717	+0.2%

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

$3,494,061

Total Directors

$3,346,974

Key Employees

$1,155,258

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARCY M CRAVEN	TRUSTEE/PRES	10.00	Officer Director	$0	$173,293	$1,247,813
GERALD N KADIS MD	PHYSICIAN	40.00	Key Emp	$1,131,536	$23,722	$1,155,258
ESTER M TAN MD	PHYSICIAN	40.00	Highest	$819,673	$20,852	$840,525
MARY K HANISEE MD	PHYSICIAN	40.00	Highest	$771,794	$20,302	$792,096
TIMOTHY GRAYSON MD	PHYSICIAN	40.00	Highest	$751,257	$33,502	$784,759
JASON BURNETTE MD	PHYSICIAN	40.00	Highest	$701,607	$18,702	$720,309
JOSH SIMMONS MD	PHYSICIAN	40.00	Highest	$691,683	$23,602	$715,285
GREG HEMBREE	SEC/TREAS/CF	10.00	Officer Director	$0	$82,864	$679,508
JOHNNY BELENCHIA MD	VICE CHAIR	40.00	Officer Director	$582,879	$33,032	$615,911
LORRAINE WILLIAMS MD	CHAIR	40.00	Officer Director	$486,218	$29,732	$515,950
JOHN RODKEY	VP(TERM 10/2	N/A	Officer	$305,175	$10,670	$315,845
JACKSON E HATFIELD MD	TRUSTEE	40.00	Director	$269,818	$17,974	$287,792
BROCK DOCKERY	VICE PRESIDE	40.00	Officer	$116,287	$2,747	$119,034
HENRY A STONE III	TRUSTEE	1.00	Director	$0	$0	$0
MARK PARKER	TRUSTEE	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	$17,058,662	$41,522,189	$3,771,966	$-24,463,527
2023	$18,305,018	$38,961,735	$6,474,714	$-20,656,717
2022	$16,844,665	$37,599,570	$4,704,879	$-20,754,905
2021	$16,475,298	$33,912,687	$5,272,330	$-17,437,389
2020	$13,924,211	$31,028,820	$3,997,551	$-17,104,609
2019	$17,030,282	$32,458,037	$4,244,463	$-15,427,755
2018	$19,063,632	$37,868,175	$5,694,296	$-18,804,543

ARCHBOLD MEDICAL GROUP INC