MUNSON MEDICAL GROUP (EIN 273600575) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

LAURA GLENN

Phone

2319355000

Tax Period

2023-07-01 to 2024-06-30

MUNSON MEDICAL GROUP, founded in 2010, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $31.6M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $59.8M exceeded revenue, resulting in a 89% operating deficit.

Mission

TO GROW AND DEVELOP A HIGHLY EFFECTIVE, MULTI-REGIONAL PHYSICIAN PRACTICE THAT IS A CENTRAL COMPONENT OF A COMMUNITY-FOCUSED, VERTICALLY INTEGRATED HEALTH CARE DELIVERY SYSTEM SUPPORTING THE OPERATIONS OF MUNSON MEDICAL CENTER WITH A COMMITMENT TO EXCELLENCE AND THE ETHICAL DIRECTIVES OF THE MEDICAL PROFESSION.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $31,574,743

Investment Income $0

Other Revenue $21,305

TOTAL REVENUE $31,596,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,141,800

Fundraising Expenses $39,871

Program Expenses $49,162,194

Other Expenses $635,979

TOTAL EXPENSES $59,777,779

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,596,048	$34,785,203	-0.1%
Expenses	$59,777,779	$54,968,663	+0.1%
Net Income	$-28,181,731	$-20,183,460	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

Employees

476

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

$2,211,717

Total Directors

$4,715,110

Key Employees

$524,833

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWIN A NESS	DIRECTOR	1.00	Director	$0	$251,955	$2,497,535
LAURA GLENN	PRESIDENT	2.00	Officer Director	$0	$105,311	$944,318
CHRISTINE NEFCY MD	DIRECTOR	1.00	Director	$0	$23,810	$812,425
PAUL KONOPACKI	CFO	2.00	Officer	$0	$86,525	$806,567
JAMES FOX MD	CARDIOLOGIST	40.00	Highest	$759,351	$45,431	$804,782
STEVEN MAST MD	CARDIOLOGIST	40.00	Highest	$759,991	$43,256	$803,247
JOHN BEATTIE MD	CARDIOLOGIST	40.00	Highest	$760,374	$42,868	$803,242
TODD ADAMS DO	CARDIOLOGIST	40.00	Highest	$762,255	$40,681	$802,936
NICKLAUS SLOCUM MD	CARDIOLOGIST	40.00	Highest	$763,278	$39,658	$802,936
ELLEN SMITH	PRESIDENT AM	2.00	Key Emp	$0	$60,006	$524,833
RACHEL ROE	SECRETARY/TR	2.00	Officer Director	$0	$63,540	$460,832
KATHLEEN MALY	FORMER INTER	N/A		$0	$7,314	$229,436

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	$31,596,048	$59,777,779	$9,759,818	$-28,181,731
2023	$34,785,203	$54,968,663	$11,465,502	$-20,183,460
2022	$20,835,606	$35,606,629	$6,439,318	$-14,771,023
2021	$18,561,332	$29,364,441	$5,420,169	$-10,803,109
2020	$12,820,703	$21,333,727	$5,395,731	$-8,513,024
2019	$11,444,023	$20,972,967	$5,526,584	$-9,528,944
2018	$11,302,914	$20,498,582	$4,515,567	$-9,195,668

MUNSON MEDICAL GROUP