Columbus, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ohio Hospitals Group Rated Workers Compensation Program Inc, founded in 1990, is a micro nonprofit that reported $90K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring.
The primary purpose of the Ohio Hospitals Group Rated Workers Compensation Program, Inc. is to develop and implement programs that will promote a safe working environment and reduce health care costs.
The Ohio Hospital Association (OHA) provides two workers' compensation programs administered by Sedgwick. OHA-sponsored workers' compensation programs include a traditional group experience rating...
The Ohio Hospital Association (OHA) provides two workers' compensation programs administered by Sedgwick. OHA-sponsored workers' compensation programs include a traditional group experience rating program and a group retrospective rating program for private sector hospital members. In its traditional group rating program, member hospitals receive up-front discounts on premiums owed to the Bureau of Workers' Compensation (BWC). These premium savings are justified due to better-than-average claims experience. In its group retrospective rating program, a group savings program, participating hospitals initially pay their full individually-rated premium to BWC and then earn retroactive rebates based on the overall performance of the group. The incentive with "group retro" plans is to maintain and enhance safety programs to prevent or minimize work-related injuries and aggressively manage the cost of claims that do occur. These risk management activities directly impact the ultimate savings achieved by those participating in the program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $90,401 | $185,989 | -0.5% |
| Expenses | N/A | $1,223 | -1.0% |
| Net Income | N/A | $184,766 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | Chair/President | 1.0 |
Officer
Director
|
$0 | $80,729 | $208,649 |
| N/A | Treasurer | 1.0 |
Officer
Director
|
$0 | $70,655 | $203,749 |
| N/A | Secretary (Through April 2023) | 1.0 |
Officer
Director
|
$0 | $111,018 | $629,620 |
| N/A | Trustee-at-Large | 1.0 |
Director
|
$0 | $103,996 | $345,803 |
| N/A | Trustee-at-Large | 1.0 |
Director
|
$0 | $83,342 | $193,770 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $90,401 | No data | $2,892,208 | No data |
| 2022 | $185,989 | $1,223 | $2,551,833 | $184,766 |
| 2021 | $191,941 | $226 | $2,942,303 | $191,715 |
| 2020 | $54,062 | $415 | $2,632,140 | $53,647 |
| 2019 | $78,902 | $467 | $2,347,814 | $78,435 |
| 2018 | $71,069 | $19,233 | $1,987,347 | $51,836 |
Compare Ohio Hospitals Group Rated Workers Compensation Program Inc with other nonprofits in Ohio and across the country.