SOUTHWEST GENERAL MEDICAL GROUP INC (EIN 341652755) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

Kelly Linson

Phone

4408168071

Tax Period

2023-01-01 to 2023-12-31

SOUTHWEST GENERAL MEDICAL GROUP INC, founded in 1990, is a mid-sized nonprofit in the Health Care sector that reported $36.4M in total revenue in fiscal year 2023. Expenses of $57.1M exceeded revenue, resulting in a 57% operating deficit.

Mission

Southwest Gen Medical Group Inc. was organized to practice and render professional medical services and exercise all express and incidental powers normally permitted such corporations engaged in the practice of medicine. It is operated for charitable purposes within the meaning of section 501c3.

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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 $0

Program Service Revenue $36,160,112

Investment Income $0

Other Revenue $276,816

TOTAL REVENUE $36,436,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,568,575

Fundraising Expenses $0

Program Expenses $53,498,495

Other Expenses $21,560,123

TOTAL EXPENSES $57,128,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,436,928	$35,702,617	+0.0%
Expenses	$57,128,698	$50,688,577	+0.1%
Net Income	$-20,691,770	$-14,985,960	+0.4%

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

280

Volunteers

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

$1,249,977

Total Directors

$2,803,351

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Newton Muthunayagam MD	Physician	060.00	Highest	$1,008,862	$41,737	$1,050,599
Mazen Issa MD	Physician	060.00	Highest	$966,974	$58,510	$1,025,484
Jason Vollweiler MD	Physician	060.00	Highest	$804,328	$49,497	$853,825
Nitin Davessar MD	Physician	060.00	Highest	$775,657	$54,837	$830,494
John Alton MD	Director, Physician	059.00	Director	$698,551	$98,451	$797,002
William A Young Jr	President CEO	001.00	Officer Director	$0	$52,961	$767,645
Emily Lasota MD	Physcian	060.00	Highest	$712,010	$21,725	$733,735
Kelly Linson	Director SVP/CFO	001.00	Officer Director	$0	$54,996	$482,332
Ferdinand Plecha MD	Director, Physician	010.00	Director	$0	$26,570	$437,868
Olga Kovacevic MD	Director, Physician	060.00	Director	$258,737	$59,767	$318,504
Wayne E Brassell	Director	000.10	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	$36,436,928	$57,128,698	$19,561,161	$-20,691,770
2022	$35,702,617	$50,688,577	$17,436,073	$-14,985,960
2021	$33,302,306	$52,753,905	$21,055,566	$-19,451,599
2020	$29,575,897	$46,931,182	$14,389,835	$-17,355,285
2019	$29,098,667	$44,859,464	$13,158,169	$-15,760,797
2018	$24,688,684	$39,271,183	$10,574,933	$-14,582,499

SOUTHWEST GENERAL MEDICAL GROUP INC