DEACONESS HEALTH SYSTEM INC (EIN 351532889) - 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

1982

Legal Domicile

Principal Officer

SHAWN MCCOY

Phone

8124503296

Tax Period

2023-10-01 to 2024-09-30

DEACONESS HEALTH SYSTEM INC, founded in 1982, is a major nonprofit in the Health Care sector that reported $398.1M in total revenue in fiscal year 2023. Revenue surged 299% from the prior year, signaling strong growth momentum. The organization ran a surplus of $323.6M, a strong 81% operating margin.

Mission

DEACONESS HEALTH SYSTEM PROVIDES QUALITY HEALTHCARE SERVICES WITH A COMPASSIONATE AND CARING SPIRIT.

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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 $66,778,725

Investment Income $261,363,455

Other Revenue $69,919,218

TOTAL REVENUE $398,061,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,430,163

Fundraising Expenses $0

Program Expenses $50,745,252

Other Expenses $-60,946,088

TOTAL EXPENSES $74,484,075

Year-over-Year Comparison

	2023	2022	Change
Revenue	$398,061,398	$99,884,307	+3.0%
Expenses	$74,484,075	$162,032,602	-0.5%
Net Income	$323,577,323	$-62,148,295	-6.2%

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

754

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

$8,738,500

Total Directors

$4,180,243

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAWN MCCOY	CEO	20.00	Officer Director	$959,962	$329,209	$2,055,318
DR LINDA BENNETT	CHAIRMAN	5.00	Officer Director	$8,400	$0	$8,400
JAMES RYAN III	VICE CHAIRMAN	5.00	Officer Director	$6,000	$0	$6,000
DAVID PAPARIELLA	SECRETARY	5.00	Officer Director	$6,000	$0	$6,000
SHARON REED WALKER	TREASURER	5.00	Officer Director	$4,400	$0	$4,400
CURTIS BEGLE	DIRECTOR	5.00	Director	$7,000	$0	$7,000
JEROME BENKERT JR	DIRECTOR	5.00	Director	$6,800	$0	$6,800
SCOTT CORDTS MD	DIRECTOR	5.00	Director	$4,896	$65,080	$413,340
LEAH CURRY	DIRECTOR	5.00	Director	$0	$0	$0
DANIEL HERMANN	DIRECTOR	5.00	Director	$6,400	$0	$6,400
MIA HINDI MD	DIRECTOR	5.00	Director	$3,200	$52,189	$1,612,665
TERI HOLLANDER ALBIN	DIRECTOR	5.00	Director	$6,000	$0	$6,000
ANTHONY KAISER MD	DIRECTOR	5.00	Director	$5,600	$0	$5,600
LAWRENCE KILINSKI MD	DIRECTOR	5.00	Director	$4,800	$0	$31,120
KEVIN KOCH	DIRECTOR	5.00	Director	$5,200	$0	$5,200
AMY ROMAIN	DIRECTOR	5.00	Director	$0	$0	$0
ERIC SCHACH	DIRECTOR	5.00	Director	$5,000	$0	$5,000
DERRICK STEWART	DIRECTOR	5.00	Director	$1,000	$0	$1,000
CHERYL WATHEN	CHIEF FINANCIAL OFFICER	20.00	Officer	$416,479	$224,614	$1,385,460
JAMES R PORTER	PRESIDENT	1.00	Officer	$531,762	$199,566	$1,205,745
JENNIFER CHIUSANO	CHIEF NURSE EXECUTIVE	1.00	Officer	$222,724	$89,141	$564,686
LYNN LINGAFELTER	PRESIDENT	1.00	Officer	$499,911	$192,400	$1,151,223
MARC FLORENCE	SR VICE PRESIDENT	1.00	Officer	$339,974	$152,375	$818,665
BRADLEY SCHEU MD	SR VICE PRESIDENT	1.00	Officer	$311,167	$139,320	$767,057
MELINDA LEBOFSKY	SR VICE PRESIDENT	1.00	Officer	$279,447	$133,649	$765,546
CHRISTINA RYAN	CEO WOMEN'S HOSPITAL	1.00	Highest	$228,751	$20,606	$798,197
PAUL WEINBERGER MD	DIR MED SPECIALTY CARE	1.00	Highest	$203,085	$51,547	$726,149
ALISA COLEMAN	CEO BAPTIST MADISONVILLE	1.00	Highest	$142,533	$45,737	$496,891
ELLEN WALLER	DIR RN EMERGENCY SVC	1.00	Highest	$123,127	$5,989	$256,457
CHRISTINA CADY	DIR FINANCE OPERATIONS	1.00	Highest	$120,876	$29,132	$435,021
MAQBOOL AHMED MD	FORMER DIRECTOR	0.00		$0	$0	$662,388

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	$398,061,398	$74,484,075	$691,432,806	$323,577,323
2023	$99,884,307	$162,032,602	$346,177,971	$-62,148,295
2022	$59,070,323	$120,306,990	$176,561,842	$-61,236,667
2021	$33,405,417	$80,845,151	$144,110,992	$-47,439,734
2020	$12,457,578	$88,287,289	$99,952,102	$-75,829,711
2019	$16,199,450	$77,716,757	$72,030,985	$-61,517,307
2018	$15,389,221	$47,445,798	$34,245,431	$-32,056,577

DEACONESS HEALTH SYSTEM INC