Blanchard Valley Health System (EIN 344428206) - 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

1951

Legal Domicile

Phone

4194234500

Tax Period

2023-01-01 to 2023-12-31

Blanchard Valley Health System, founded in 1951, is a mid-sized nonprofit in the Health Care sector that reported $65.3M in total revenue in fiscal year 2023. Expenses of $134.0M exceeded revenue, resulting in a 105% operating deficit.

Mission

WE PROVIDE MANAGEMENT OVERSIGHT AND GOVERNANCE OF ALL HEALTH SYSTEM ACTIVITIES. WE ALSO OPERATE FAMILY PRACTICES, SPECIALTY PRACTICES, AND EMS AMBULANCE SERVICES.

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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 $61,427,343

Investment Income $835,528

Other Revenue $3,002,000

TOTAL REVENUE $65,264,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,753,169

Fundraising Expenses $0

Program Expenses $104,235,297

Other Expenses $26,217,132

TOTAL EXPENSES $133,970,301

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,264,871	$66,800,023	0.0%
Expenses	$133,970,301	$132,958,878	+0.0%
Net Income	$-68,705,430	$-66,158,855	+0.0%

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

413

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

$1,610,525

Total Directors

$1,190,985

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	VICE CHAIR	0.5	Officer Director	$0	$0	$0
N/A	CHAIRMAN	0.5	Officer Director	$0	$0	$0
N/A	SECRETARY	0.5	Officer Director	$0	$0	$0
N/A	TREASURER	0.5	Officer Director	$0	$0	$0
N/A	CHIEF EXECUTIVE OFFICER	4.0	Officer Director	$760,659	$28,051	$788,710
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	38.0	Director	$375,991	$26,284	$402,275
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	IMMEDIATE PAST CHAIR	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	VP CHIEF NURSING OFFICER	4.0	Officer	$283,080	$24,157	$307,237
N/A	Chief Financial Officer	4.0	Officer	$486,032	$28,546	$514,578
N/A	PHYSICIAN	40.0	Highest	$1,254,524	$18,092	$1,272,616
N/A	PHYSICIAN	40.0	Highest	$873,513	$21,674	$895,187
N/A	PHYSICIAN	40.0	Highest	$951,082	$21,160	$972,242
N/A	PHYSICIAN	40.0	Highest	$880,512	$21,364	$901,876
N/A	PHYSICIAN	40.0	Highest	$1,556,232	$27,117	$1,583,349

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	$65,264,871	$133,970,301	$113,458,151	$-68,705,430
2022	$66,800,023	$132,958,878	$105,479,151	$-66,158,855
2021	$72,984,044	$133,511,504	$134,673,501	$-60,527,460
2020	$53,884,335	$117,638,924	$123,955,381	$-63,754,589
2019	$54,347,662	$108,727,659	$119,267,001	$-54,379,997
2018	$50,738,234	$98,098,502	$116,113,518	$-47,360,268

Blanchard Valley Health System