Wellmont Medical Associates Inc (EIN 270898372) - 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

Joshua McFall

Phone

4233023467

Tax Period

2023-07-01 to 2024-06-30

Wellmont Medical Associates Inc, founded in 2008, is a major nonprofit in the Health Care sector that reported $144.2M in total revenue in fiscal year 2023.

Mission

Honor those we serve by delivering the best possible 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 $11,894

Program Service Revenue $143,855,312

Investment Income $-390,249

Other Revenue $677,648

TOTAL REVENUE $144,154,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,816,169

Fundraising Expenses $0

Program Expenses $151,303,666

Other Expenses $53,221,708

TOTAL EXPENSES $153,037,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,154,605	$135,850,020	+0.1%
Expenses	$153,037,877	$140,419,987	+0.1%
Net Income	$-8,883,272	$-4,569,967	+0.9%

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

N/A

Employees

1063

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

$6,959,731

Total Directors

$5,242,443

Key Employees

$621,407

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Alan Levine	BH President & CEO/Chair	0.10	Officer Director	$0	$264,516	$2,247,795
Eric Deaton	BH EVP/COO	0.10	Officer Director	$0	$123,773	$1,245,540
Marvin Eichorn	BH EVP/CAO	0.10	Officer Director	$0	$50,738	$1,124,281
Julie Bennett	Chief Legal & Governance Officer	1.00	Officer Director	$0	$57,811	$624,827
Mark Patterson MD BH SVP	BHMA Pres/CEO	54.50	Officer	$634,528	$98,762	$733,290
Matthew Lazari	BHMA CFO	40.00	Officer	$218,945	$34,835	$253,780
Shane Hilton	BH EVP & CFO	0.10	Officer	$0	$100,190	$730,218
Stephen Combs MD	VP/CMO Medical Services	45.00	Key Emp	$580,989	$40,418	$621,407
Adel El Abbassi MD	Physician	40.00	Highest	$792,310	$18,560	$810,870
Girendra Hoskere MD	Physician	40.00	Highest	$788,542	$16,170	$804,712
Joseph Frye II MD	Physician	40.00	Highest	$1,014,281	$47,024	$1,061,305
Paul Jett MD	Physician	40.00	Highest	$958,561	$11,376	$969,937
Samuel Deel MD	Physician	40.00	Highest	$763,493	$41,291	$804,784
Andrew Wampler BH General Cnsl	Former Officer	0.00		$0	$62,837	$461,439
Chase Wilson end April 2023	Former Officer/BHMA COO/CFO	0.00		$0	$41,749	$320,204
David Thompson MD	Former Officer/Vice Chair	40.00		$254,635	$29,489	$284,124
Howard Herrell MD	Former Officer Sec/Treas	0.00		$572,800	$48,755	$621,555
Leanne Cox end October 2020	Former Officer VP/BHMA CFO	0.00		$0	$34,061	$144,949
Lynn Krutak Former Officer	BH EVP & CFO	0.10		$0	$120,642	$1,115,238
Marta Wayt MD	Former Officer/Chairman	40.00		$429,968	$29,175	$459,143
Paul Kramer MD	Physician	40.00		$416,581	$47,423	$464,004
Tim Belisle end July 2022	Former Officer/BH EVP & Gen Counsel	0.00		$0	$2,542	$165,050
Karen Williams	Former Key Employee	0.00		$193,084	$35,856	$228,940
Landon Combs MD	Former Officer	40.00		$257,542	$36,652	$294,194

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	$144,154,605	$153,037,877	$24,033,117	$-8,883,272
2023	$135,850,020	$140,419,987	$25,522,846	$-4,569,967
2022	$129,451,708	$128,327,533	$18,025,626	$1,124,175
2021	$119,862,760	$122,462,997	$20,328,734	$-2,600,237
2020	$123,355,433	$123,556,123	$20,115,154	$-200,690
2019	$158,130,400	$155,782,436	$22,037,335	$2,347,964
2018	$149,176,047	$150,015,608	$24,202,148	$-839,561

Wellmont Medical Associates Inc