SOUTHERN HEALTHCARE ALLIANCE

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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

GARY SEARLS

Phone

5128993995

Tax Period

2023-09-01 to 2024-08-31

SOUTHERN HEALTHCARE ALLIANCE, founded in 2010, is a major nonprofit in the Mental Health sector that reported $318.8M in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum.

Mission

FACILITATE THE PROVISION OF HEALTHCARE TO THE INDIGENT BY FOSTERING COOPERATION AMONG HEALTH CARE PROVIDERS TO INCREASE THE RESOURCES AVAILABLE TO PROVIDE SUCH CARE AND PERFORMING SUCH OTHER FUNCTIONS AS MAY BE NECESSARY OR APPROPRIATE TO FULFILL THE PURPOSES OF THE CORPORATION.

Program Service Accomplishments

Program 1

Expenses: $319,048,746 Revenue: $318,800,820

FACILITATE THE PROVISION OF HEALTHCARE TO THE INDIGENT BY FOSTERING COOPERATION AMONG HEALTH CARE PROVIDERS TO INCREASE THE RESOURCES AVAILABLE TO PROVIDE SUCH CARE AND PERFORM SUCH OTHER FUNCTIONS AS MAY BE NECESSARY OR APPROPRIATE TO FULFILL THE PURPOSES OF THE CORPORATION.

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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 $284,000,820

Program Service Revenue $34,800,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $318,800,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,048,746

Other Expenses $319,048,746

TOTAL EXPENSES $319,048,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$318,800,820	$172,692,498	+0.8%
Expenses	$319,048,746	$172,339,006	+0.9%
Net Income	$-247,926	$353,492	-1.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JEFF SLIWINSKI	PRESIDENT AND DIRECTOR	Officer Director	$0	$0	$0
STEPHANIE PARKER	VP & DIRECTOR	Officer Director	$0	$0	$0
DEBORAH GORDON	TREASURER AND DIRECTOR	Officer Director	$0	$0	$0
MATTHEW STONE	SECRETARY AND DIRECTOR	Officer Director	$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
2025	No data	No data	No data	No data
2024	$318,800,820	$319,048,746	$196,516	$-247,926
2023	$172,692,498	$172,339,006	$444,442	$353,492
2022	$66,434,528	$67,370,341	$90,950	$-935,813
2021	$47,612,401	$53,256,852	$1,004,949	$-5,644,451