PRIMA MEDICAL FOUNDATION (EIN 271376321) - 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

2010

Legal Domicile

Principal Officer

JENNIFER SCHAAB MBA MPH

Phone

4158425000

Tax Period

2023-01-01 to 2023-12-31

PRIMA MEDICAL FOUNDATION, founded in 2010, is a major nonprofit in the Health Care sector that reported $172.9M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

ESTABLISHING, OPERATING, AND MAINTAINING MULTI-SPECIALTY MEDICAL CLINICS THROUGHOUT MARIN AND SONOMA COUNTIES.

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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 $27,412,429

Program Service Revenue $145,410,196

Investment Income $33,692

Other Revenue $0

TOTAL REVENUE $172,856,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,324,933

Fundraising Expenses $0

Program Expenses $171,267,103

Other Expenses $130,609,053

TOTAL EXPENSES $172,933,986

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,856,317	$141,773,309	+0.2%
Expenses	$172,933,986	$141,790,526	+0.2%
Net Income	$-77,669	$-17,217	+3.5%

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

Employees

510

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

$3,148,196

Total Directors

$3,519,647

Key Employees

$541,968

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID KLEIN MD	CHAIR	2.00	Officer Director	$0	$37,266	$1,840,436
ERIC BRETTNER	TREASURER / CFO	2.00	Officer Director	$0	$51,508	$753,419
BRIAN KEEFFE MD	SECRETARY	2.00	Officer Director	$0	$0	$0
JOE ABRAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANJULI BASU MD	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA CARMEL	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH CHAMBERLIN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY FRIEDMAN	BOARD MEMBER	2.00	Director	$0	$62,669	$500,771
RUSSELL PECKENPAUGH	BOARD MEMBER	2.00	Director	$0	$39,915	$425,021
RIPPLE SHARMA MD FACG	BOARD MEMBER	1.00	Director	$0	$0	$0
TARIN M KOEHLER DO	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER SCHAAB MBA MPH	PRESIDENT MHMN	40.00	Officer	$0	$17,034	$554,341
MICHAEL KIM MD	VP OF MEDICAL AFFAIRS	40.00	Key Emp	$0	$17,041	$541,968
BIANCA VIVAS	EXECUTIVE DIRECTOR, CLINICS	40.00	Highest	$221,499	$4,182	$225,681
JOLINE TELLECHEA	REGISTERED NURSE	40.00	Highest	$212,714	$7,723	$220,437
SARAH LAMB	CLINICAL DIRECTOR	40.00	Highest	$225,717	$7,822	$233,539
LISA DE LA FUENTE	MIDWIFE	40.00	Highest	$206,059	$9,282	$215,341
MARY DAVIS	MIDWIFE	40.00	Highest	$183,255	$9,808	$193,063

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	$172,856,317	$172,933,986	$75,637,554	$-77,669
2022	$141,773,309	$141,790,526	$64,247,344	$-17,217
2021	$134,953,752	$134,951,764	$59,866,922	$1,988
2020	$105,459,292	$105,459,289	$44,883,953	$3
2019	$94,016,723	$94,016,724	$43,874,441	$-1
2018	$44,506,261	$42,506,263	$10,158,106	$1,999,998

PRIMA MEDICAL FOUNDATION