GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MARY FREE BED MEDICAL GROUP, founded in 2010, is a community nonprofit that reported $8.2M in total revenue in fiscal year 2017. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $11.7M exceeded revenue, resulting in a 42% operating deficit.
THE MARY FREE BED MEDICAL GROUP WAS FORMED TO SUPPORT CHARITABLE HEALTHCARE, RESEARCH, AND EDUCATION.
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%)
Sign In — Free (10 views/day)| 2017 | 2016 | Change | |
|---|---|---|---|
| Revenue | $8,190,076 | $6,316,857 | +0.3% |
| Expenses | $11,662,298 | $10,248,891 | +0.1% |
| Net Income | $-3,472,222 | $-3,932,034 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL JAKUBOWSKI MD | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $38,383 | $455,632 |
| BRUCE BRASSER | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $32,042 | $254,108 |
| RANDALL L DENEFF | VICE PRESIDENT / SECRETARY | 2.00 |
Officer
Director
|
$0 | $30,375 | $350,151 |
| PATRICK REID | VICE PRESIDENT - PART YEAR | 40.00 |
Officer
|
$98,320 | $6,321 | $104,641 |
| BENJAMIN BRUINSMA MD | REHABILITATION PHYSICIAN | 40.00 |
Highest
|
$547,052 | $38,318 | $585,370 |
| DANIEL FECHTNER MD | REHABILITATION PHYSICIAN | 40.00 |
Highest
|
$361,231 | $25,985 | $387,216 |
| CHRISTOPHER MORELLI DO | REHABILITATION PHYSICIAN | 40.00 |
Highest
|
$351,834 | $31,984 | $383,818 |
| ADAM RUSH MD | REHABILITATION PHYSICIAN | 40.00 |
Highest
|
$333,284 | $33,798 | $367,082 |
| THOMAS SHAHWAN MD | REHABILITATION PHYSICIAN | 40.00 |
Highest
|
$363,251 | $38,318 | $401,569 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $8,190,076 | $11,662,298 | No data | $-3,472,222 |
Compare MARY FREE BED MEDICAL GROUP with other nonprofits in Michigan and across the country.