CAHRMC

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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

2023

Legal Domicile

Principal Officer

KURT SUNDERMAN

Phone

9792345571

Tax Period

2023-05-05 to 2023-12-31

CAHRMC, founded in 2023, is a mid-sized nonprofit that reported $14.0M in total revenue in fiscal year 2023. Expenses of $12.2M left a modest 13% surplus.

Mission

CAHRMC D.B.A. RICE MEDICAL CENTER ("RMC") IS THE HEALTH PROVIDER OF CHOICE AND CONTINUES TO ACHIEVE HIGHEST LEVELS OF PATIENT SATISFACTION. RMC CONTINUES TO ADD VALUE BACK TO ITS COMMUNITIES BY REMAINING FINANCIALLY SOUND AND SUPPORTING ECONOMIC DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $8,532,174 Revenue: $13,167,019

PROVIDING QUALITY HEALTH SERVICES AT REASONABLE COST TO THOSE WE SERVE IN OUR COMMUNITIES.

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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 $843,037

Program Service Revenue $13,104,025

Investment Income $26,579

Other Revenue $67,994

TOTAL REVENUE $14,041,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,109,624

Fundraising Expenses $0

Program Expenses $8,532,174

Other Expenses $8,075,703

TOTAL EXPENSES $12,185,327

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,041,635	N/A	N/A
Expenses	$12,185,327	N/A	N/A
Net Income	$1,856,308	N/A	N/A

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

134

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

$254,559

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMY DINGLER	DIRECTOR, PRESIDENT	1.00	Officer Director	$0	$0	$0
JOAN LESLEY HALKETT MATTHEWS	DIRECTOR, VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF FRNKA	DIRECTOR, TREASURER	1.00	Officer Director	$0	$0	$0
JOHN GERTSON	DIRECTOR, SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN MYRES DDS	DIRECTOR	1.00	Director	$0	$0	$0
JOE MIKE SPANIHEL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LANIER	DIRECTOR	1.00	Director	$0	$0	$0
KURT SUNDERMAN	CHIEF EXEC. OFFICER	40.00	Officer	$235,558	$19,001	$254,559
DINA HERMES	CHIEF FIN. OFFICER	15.00	Officer	$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	No data	No data	No data	No data
2023	$14,041,635	$12,185,327	$21,298,291	$1,856,308
2023	$20,832,615	$18,425,127	$21,298,291	$2,407,488