FIVE TOWN HEALTH ALLIANCE INC (EIN 263010066) - 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

HEIDI MELBOSTAD

Phone

8024535028

Tax Period

2023-10-01 to 2024-09-30

FIVE TOWN HEALTH ALLIANCE INC, founded in 2008, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2023.

Mission

TO STRENGTHEN OUR COMMUNTIES BY IMPROVING THE HEALTH OF ALL OUR NEIGHBORS BY PROVIDING HEALTH CARE WITH SKILL, COMPASSION & RESPECT; LOWERING THE BARRIERS TO AFFORDABLE CARE & DELIVERING BROAD-BASED SERVICES INCLUDING PREVENATIVE, DENTAL, MENTAL & PRIMARY HEALTH CARE.

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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 $1,950,646

Program Service Revenue $3,872,180

Investment Income $32,674

Other Revenue $0

TOTAL REVENUE $5,855,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,233,674

Fundraising Expenses $0

Program Expenses $5,293,538

Other Expenses $1,934,580

TOTAL EXPENSES $6,168,254

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,855,500	$5,866,763	0.0%
Expenses	$6,168,254	$6,002,171	+0.0%
Net Income	$-312,754	$-135,408	+1.3%

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

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

$477,427

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMA NORLAND	CHAIR	1.00	Officer Director	$0	$0	$0
RON DENDAS	TREASURER	1.00	Officer Director	$0	$0	$0
MARK MULQUEEN	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB DONNIS	DIRECTOR	1.00	Director	$0	$0	$0
MIMI DAMM	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD JACK	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL LEE	DIRECTOR	1.00	Director	$0	$0	$0
ADAM RICE	DIRECTOR	1.00	Director	$0	$0	$0
BOB TURCOT	DIRECTOR	1.00	Director	$0	$0	$0
HELENA VAN VORST	DIRECTOR	1.00	Director	$0	$0	$0
TREVOR WILSON	DIRECTOR	1.00	Director	$0	$0	$0
PETER HEINZ THROUGH 424	DIRECTOR	1.00	Director	$0	$0	$0
DEB WESLEY THROUGH 424	DIRECTOR	1.00	Director	$0	$0	$0
MOIRA COOK THROUGH 524	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI MELBOSTAD	CEO	40.00	Officer	$0	$0	$0
GREG MACDONALD	CFO	40.00	Officer	$116,282	$14,784	$131,066
MARTHA HALNON	FORMER CEO	40.00	Officer	$159,225	$15,921	$175,146
JENNIFER WISDOM-BEHOUNEK	MEDICAL DIRE	40.00	Officer	$164,436	$6,779	$171,215
KATE LAMANCUSO	PHYSICIAN	40.00	Highest	$145,055	$6,191	$151,246
BRIAN BATES	MEDICAL DIRE	40.00	Highest	$123,745	$15,474	$139,219
DAVID TURNER	PHYSICIAN	40.00	Highest	$167,758	$16,909	$184,667
BRIDGET PRESTON	NURSE MANAGE	40.00	Highest	$105,524	$9,855	$115,379

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	$5,855,500	$6,168,254	$5,040,396	$-312,754
2023	$5,866,763	$6,002,171	$5,292,378	$-135,408
2022	$5,451,301	$5,504,337	$5,416,275	$-53,036
2021	$6,142,229	$5,210,039	$3,900,023	$932,190
2020	$4,834,538	$4,557,258	$3,128,915	$277,280
2019	$4,197,360	$3,454,110	$2,276,847	$743,250
2018	$3,581,278	$3,170,606	$1,558,965	$410,672

FIVE TOWN HEALTH ALLIANCE INC