MADISON FAMILY HEALTH CORPORATION

EIN: 311514418 501(c)(3) Health Care

LONDON, OH

Total Revenue
$15,724,001
Total Expenses
$15,310,532
Total Assets
$1,805,837
Net Assets
$671,201
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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
2008
Legal Domicile
OH
Principal Officer
DANA E ENGLE
Phone
7408457015
Tax Period
2023-01-01 to 2023-12-31

MADISON FAMILY HEALTH CORPORATION, founded in 2008, is a mid-sized nonprofit in the Health Care sector that reported $15.7M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE PRACTICE OF MEDICINE IN THE STATE OF OHIO AND CARRYING OUT THE MISSION OF MADISON HEALTH.

Program Service Accomplishments

Program 1
Expenses: $14,975,815 Revenue: $9,695,252

MADISON HEALTH'S PHYSICIAN PRACTICE THAT PROVIDES HEALTHCARE CHOICES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,017,000
Program Service Revenue $9,695,252
Investment Income $11,749
Other Revenue $0
TOTAL REVENUE $15,724,001

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,975,815
Other Expenses $15,310,532
TOTAL EXPENSES $15,310,532

Year-over-Year Comparison

2023 2022 Change
Revenue $15,724,001 $13,583,313 +0.2%
Expenses $15,310,532 $13,834,133 +0.1%
Net Income $413,469 $-250,820 -2.6%
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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
1

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
$959,726
Total Directors
3
$959,726
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA E ENGLE CEO/PRESIDENT 1.00
Officer Director
$0 $71,116 $608,708
MICHAEL S BROWNING CFO VP SECRETARY, TREASURER 4.00
Officer Director
$0 $21,701 $351,018
TOM BLINCOE BOARD MEMBER 1.00
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
2024 No data No data No data No data
2023 $15,724,001 $15,310,532 $1,805,837 $413,469
2022 $13,583,313 $13,834,133 $1,263,657 $-250,820
2021 $12,451,314 $12,315,770 $1,642,541 $135,544
2020 $10,570,871 $10,832,433 $929,787 $-261,562
2019 $6,943,319 $10,394,971 $1,090,750 $-3,451,652
2018 $5,033,421 $7,922,567 $661,176 $-2,889,146
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