PROVIDENCE MEDICAL CLINIC OF KINGSPORT (EIN 264547646) - 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

Principal Officer

LOYCE A ARDEMAGNI

Tax Period

2023-01-01 to 2023-12-31

PROVIDENCE MEDICAL CLINIC OF KINGSPORT is a small nonprofit in the Health Care sector that reported $426K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $386K left a modest 9% surplus.

Mission

PROVIDE FREE MEDICAL CARE FOR THE POOR IN EAST TENNESSEE

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $419,932

Program Service Revenue $0

Investment Income $6,262

Other Revenue $0

TOTAL REVENUE $426,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $244,961

Fundraising Expenses $0

Program Expenses $386,426

Other Expenses $141,464

TOTAL EXPENSES $386,425

Year-over-Year Comparison

	2023	2022	Change
Revenue	$426,194	$360,776	+0.2%
Expenses	$386,425	$337,446	+0.1%
Net Income	$39,769	$23,330	+0.7%

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

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

Total Directors

Key Employees

$105,658

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOYCE ARDEMAGN	PRESIDENT	3	Officer	$0	$0	$0
ROBERT LEE	VICE PRESIDENT	1	Officer	$0	$0	$0
GAIL FARTHING	TREASURER	3	Officer	$0	$0	$0
KIMBERLY HART	OFFICE ADMIN	40	Key Emp	$52,829	$0	$52,829
LOYCE ARDEMAGN	PRESIDENT	3	Officer	$0	$0	$0
ROBERT LEE	VICE PRESIDENT	1	Officer	$0	$0	$0
BRENDA HITCH	SECRETARY	1	Officer	$0	$0	$0
GAIL FARTHING	TREASURER	3	Officer	$0	$0	$0
KIM HART	OFFICE ADMIN	40	Key Emp	$52,829	$0	$52,829

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	No data	No data	No data	No data
2023	$426,194	$386,425	$275,239	$39,769
2022	$360,776	$337,446	$235,467	$23,330
2021	$327,181	$337,323	$212,278	$-10,142
2020	No data	No data	$222,420	No data
2019	$371,143	$298,738	$148,933	$72,405
2018	$286,738	$294,402	$166	$-7,664

PROVIDENCE MEDICAL CLINIC OF KINGSPORT