SPECTRUM MEDICAL CARE CENTER (EIN 270389889) - 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

RICH HYBNER

Phone

4806966344

Tax Period

2023-01-01 to 2023-12-31

SPECTRUM MEDICAL CARE CENTER, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $23.5M in total revenue in fiscal year 2023. Expenses of $22.4M left a modest 5% surplus.

Mission

TO FOSTER STIGMA-FREE, HOLISTIC HEALTHCARE IN A SAFE AND WELCOMING ENVIRONMENT AND ADVANCE EFFORTS TO END THE HIV EPIDEMIC THROUGH OUR SPECTRUM OF COMPREHENSIVE AND EQUITABLE SERVICES.

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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 $80,254

Program Service Revenue $22,983,654

Investment Income $407,071

Other Revenue $0

TOTAL REVENUE $23,470,979

Expense Breakdown

Grants Paid $244,050

Salaries & Benefits $3,306,614

Fundraising Expenses $0

Program Expenses $20,831,944

Other Expenses $18,855,132

TOTAL EXPENSES $22,405,796

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,470,979	$22,404,360	+0.0%
Expenses	$22,405,796	$22,583,647	0.0%
Net Income	$1,065,183	$-179,287	-6.9%

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

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

$615,714

Total Directors

$311,871

Key Employees

$309,255

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THANES VANIG	CHIEF MEDICAL OFFICER	40.00	Officer Director	$297,936	$13,935	$311,871
JONATHAN THATCHER	CHAIRMAN AND PRESIDENT	1.00	Officer Director	$0	$0	$0
RICH HYBNER	TREASURER	1.00	Officer Director	$0	$0	$0
PHILLIP DAGUE	SECRETARY	1.00	Officer Director	$0	$0	$0
BRANDILYN LAWSON-GARLUTZO	SR DIR OF FINANCE AND INTERIM ED	40.00	Officer	$146,515	$18,532	$165,047
SAMMY BOWERS	EXECUTIVE DIRECTOR (1/1/23-3/9/23)	40.00	Officer	$90,904	$3,498	$94,402
AMY SNEOR	EXECUTIVE DIRECTOR (12/1/23-12/31/23)	40.00	Officer	$44,042	$352	$44,394
JOSE RODRIGUEZ-GARCIA	MEDICAL DIRECTOR	40.00	Key Emp	$300,590	$8,665	$309,255
ETHAN NGUYEN	NURSE PRACTITIONER	37.50	Highest	$146,275	$15,265	$161,540
ARI KRAVITZ	NURSE PRACTITIONER	40.00	Highest	$119,129	$4,935	$124,064
KATHERINE SCHAUB	NURSE PRACTITIONER	28.50	Highest	$107,087	$3,534	$110,621
MARY BRADY	PHYSICIAN ASSISTANT	27.00	Highest	$102,412	$7,720	$110,132
JUDITH BERGMAN	NURSE PRACTITIONER	22.50	Highest	$101,520	$3,046	$104,566

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	$23,470,979	$22,405,796	$16,220,929	$1,065,183
2022	$22,404,360	$22,583,647	$15,265,695	$-179,287
2021	$21,663,529	$17,514,458	$14,172,193	$4,149,071
2020	$21,782,725	$14,848,219	$10,394,978	$6,934,506
2019	$8,912,155	$6,088,296	$4,415,904	$2,823,859
2018	$63,657	$420,933	$65,544	$-357,276

SPECTRUM MEDICAL CARE CENTER