PROVIDENCE MEDICAL FOUNDATION (EIN 330185031) - 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

1986

Legal Domicile

Principal Officer

PRASANNA MOHANTY

Phone

9493814333

Tax Period

2023-01-01 to 2023-12-31

PROVIDENCE MEDICAL FOUNDATION, founded in 1986, is a large national nonprofit in the Health Care sector that reported $1.4B in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

🔒

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 $17,573,902

Program Service Revenue $1,297,630,849

Investment Income $271,889

Other Revenue $35,150,150

TOTAL REVENUE $1,350,626,790

Expense Breakdown

Grants Paid $30,077

Salaries & Benefits $353,449,048

Fundraising Expenses $0

Program Expenses $1,179,191,849

Other Expenses $1,000,946,831

TOTAL EXPENSES $1,354,425,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,350,626,790	$1,240,305,430	+0.1%
Expenses	$1,354,425,956	$1,239,857,449	+0.1%
Net Income	$-3,799,166	$447,981	-9.5%

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

Employees

5321

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

$4,965,364

Total Directors

$21,316,583

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK WEXLER	DIRECTOR	0.50	Director	$0	$461,693	$5,616,067
BJ MOORE	DIRECTOR - THRU 6/23	0.50	Director	$0	$309,498	$3,147,188
DAVID KIM MD	PRESIDENT - THRU 8/23	62.00	Officer Director	$2,041,397	$26,953	$2,068,350
KEVIN MANEMANN	DIRECTOR - THRU 1/23	0.50	Director	$0	$13,287	$2,039,677
ALI SANTORE	DIRECTOR	0.50	Director	$0	$204,645	$1,840,194
SARA VAEZY	DIRECTOR (PART YEAR)	0.50	Director	$0	$198,301	$1,723,910
NATHAN HUSMANN	FRMR OFF. - DIV CFO SOUTH	0.00		$0	$198,695	$1,294,473
JILL DUPLECHAN	DIRECTOR	0.50	Director	$1,100,110	$169,020	$1,269,130
JIM WATSON ESQ	SECRETARY	0.50	Officer	$0	$146,931	$1,115,622
EUGENE KIM	CHIEF MEDICAL OFFICER - CALIFORNIA	50.00	Highest	$930,221	$173,913	$1,104,134
ROBERT JUST III	DIRECTOR	0.50	Director	$863,154	$151,608	$1,014,762
DAVID MAST	DIRECTOR	0.50	Director	$0	$123,979	$994,645
PRASANNA MOHANTY	PRESIDENT (PART YEAR)	0.50	Officer Director	$0	$94,582	$952,602
BRENDAN LLOYD	GVP CAO PHYSICIAN ENTERPRISE CA	50.00	Highest	$827,081	$125,207	$952,288
BETH NUNN	REGIONAL COO SOUTHERN CA - HERITAGE	50.00	Highest	$534,567	$88,268	$622,835
MARY ANNE SLADICH-LANTZ	DIRECTOR - THRU 12/31/23	0.50	Director	$0	$6,571	$597,558
CHARLES FOSTER	CHIEF PHYSICIAN SERVICES	50.00	Highest	$443,407	$70,452	$513,859
MELAYNE YOCUM	CFO	14.00	Officer	$0	$32,089	$505,069
MARK JABLONSKI	FRMR KE - PSJH CMO	0.00		$0	$56,273	$428,185
BRANDI LAZOREK	AVP OPS. AND MEDICAL GROUP NURSING	50.00	Highest	$380,264	$45,194	$425,458
DONALD ANDERSON JR	ASSISTANT SECRETARY FOR ENROLLMENT	0.50	Officer	$0	$30,846	$323,721
ANTONIO FERREY	DIRECTOR (PART YEAR)	0.50	Director	$0	$0	$52,500
ABHIJIT ADHYE	DIRECTOR - THRU 12/31/23	0.50	Director	$0	$0	$0
ANNE FORD MD	DIRECTOR	0.50	Director	$0	$0	$0
CONNIE BARTLETT DO	DIRECTOR	0.50	Director	$0	$0	$0
ELIZABETH SANDER MD	DIRECTOR - THRU 6/23	0.50	Director	$0	$0	$0
JAMES BENOIT DR	DIRECTOR/CHAIR (PART YEAR)	1.00	Officer Director	$0	$0	$0
JEANNETTE CURRIE MD	DIRECTOR	0.50	Director	$0	$0	$0
KEITH MARTON MD	DIRECTOR	0.50	Director	$0	$0	$0
KIMBERLEY CHAN MD	DIRECTOR (PART YEAR)	0.50	Director	$0	$0	$0
MARK NEEDHAM MD	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL SUGARMAN MD	DIRECTOR	0.50	Director	$0	$0	$0
RAUL RUDY MARQUEZ MD	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT DEL JUNCO MD	DIRECTOR - THRU 7/23	0.50	Director	$0	$0	$0
ROSCOE MARTER MD	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM BARCELONA	DIRECTOR	0.50	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	$1,350,626,790	$1,354,425,956	$524,844,982	$-3,799,166
2022	$1,240,305,430	$1,239,857,449	$472,732,137	$447,981
2021	$1,090,870,981	$1,158,898,561	$413,267,545	$-68,027,580
2020	$1,055,302,764	$1,120,103,382	$482,105,771	$-64,800,618
2019	$1,090,053,519	$1,089,930,595	$424,363,918	$122,924
2018	$830,892,926	$1,062,881,741	$288,839,549	$-231,988,815

PROVIDENCE MEDICAL FOUNDATION