CENTENNIAL MEDICAL GROUP INC (EIN 263946191) - 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

2009

Legal Domicile

Principal Officer

ARIC GROSHONG

Phone

5416773650

Tax Period

2023-07-01 to 2024-06-30

CENTENNIAL MEDICAL GROUP INC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $66.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $80.0M exceeded revenue, resulting in a 21% operating deficit.

Mission

CENTENNIAL MEDICAL GROUP PROVIDES HOSPITAL-BASED PHYSICIAN SERVICES, AS WELL AS SPECIALTY PHYSICIAN SERVICES IN A CLINIC SETTING TO PATIENTS IN THE ROSEBURG COMMUNITY ON A CHARITABLE BASIS.

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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 $200,000

Program Service Revenue $64,525,117

Investment Income $1,526

Other Revenue $1,269,408

TOTAL REVENUE $65,996,051

Expense Breakdown

Grants Paid $2,300

Salaries & Benefits $56,981,714

Fundraising Expenses $0

Program Expenses $74,929,676

Other Expenses $23,041,135

TOTAL EXPENSES $80,025,149

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,996,051	$58,590,197	+0.1%
Expenses	$80,025,149	$68,117,415	+0.2%
Net Income	$-14,029,098	$-9,527,218	+0.5%

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

N/A

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

$1,404,480

Total Directors

$1,532,380

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IBRAHIM OSMAN MD	CARDIOLOGIST	50.00	Highest	$876,415	$44,880	$921,295
SUSAN WILLIAMS MD	ORTHOPEDIST	50.00	Highest	$729,326	$41,792	$771,118
COURTNEY VIRGILIO MD	CARDIOLOGIST	50.00	Highest	$675,836	$52,726	$728,562
ALEX WILLOUGHBY MD	OPHTHALMOLOGIST	50.00	Highest	$668,946	$48,367	$717,313
GARY BRONSTEIN MD	CARDIOLOGIST	50.00	Highest	$634,935	$54,300	$689,235
JASON GRAY	SECRETARY/TREASURER/INTERIM PRES (THRU 10/1/23)	10.00	Officer Director	$0	$52,369	$600,396
ARIC GROSHONG	BOARD CHAIR/PRESIDENT & CEO	50.00	Officer Director	$476,462	$20,258	$496,720
RUSSELL WOOLLEY	BOARD MEMBER/CEO MERCY MEDICAL CENTER (BEG 10/2/23	10.00	Director	$0	$58,527	$434,879
GREGORY JACKSON	MKT VP OP FINANCE/INTERIM CFO (THRU 1/2/24)	10.00	Officer	$0	$25,528	$306,979
JAMIE POINDEXTER	BOARD MEMBER/TREAS/CFO (BEG 1/2/24)	10.00	Officer Director	$0	$385	$385

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
2025	No data	No data	No data	No data
2024	$65,996,051	$80,025,149	$38,828,891	$-14,029,098
2023	$58,590,197	$68,117,415	$21,114,251	$-9,527,218
2022	$52,602,249	$60,453,495	$18,773,224	$-7,851,246
2021	$40,787,906	$56,691,266	$20,539,880	$-15,903,360
2020	$35,963,294	$50,532,161	$17,282,217	$-14,568,867
2019	$30,883,778	$45,452,191	$7,360,102	$-14,568,413
2018	$29,969,005	$42,033,137	$4,931,134	$-12,064,132

CENTENNIAL MEDICAL GROUP INC