Indiana University Health Care Associates Inc (EIN 351747218) - 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

1987

Legal Domicile

Phone

3179634842

Tax Period

2023-01-01 to 2023-12-31

Indiana University Health Care Associates Inc, founded in 1987, is a large national nonprofit in the Health Care sector that reported $1.3B in total revenue in fiscal year 2023. Expenses of $1.7B exceeded revenue, resulting in a 35% operating deficit.

Mission

To deliver preeminent medical care and service to our patients and communities through outstanding and innovative medical leadership and practice, while participating in and supporting excellence in education and research.

🔒

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 $2,158,085

Program Service Revenue $1,280,635,433

Investment Income $437,774

Other Revenue $174,769

TOTAL REVENUE $1,283,406,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,351,167,149

Fundraising Expenses $0

Program Expenses $1,651,568,795

Other Expenses $384,310,594

TOTAL EXPENSES $1,735,477,743

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,283,406,061	$1,230,333,350	+0.0%
Expenses	$1,735,477,743	$1,600,675,725	+0.1%
Net Income	$-452,071,682	$-370,342,375	+0.2%

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

7385

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

$3,049,765

Total Directors

$6,992,033

Key Employees

$414,547

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director/Chair	55.0	Officer Director	$639,732	$13,202	$652,934
N/A	Director/Vice Chair	55.0	Officer Director	$891,140	$35,700	$926,840
N/A	Director	10.0	Director	$0	$211,047	$1,247,272
N/A	DIRECTOR	2.0	Director	$0	$0	$0
N/A	DIRECTOR	2.0	Director	$0	$0	$44,500
N/A	DIRECTOR	2.0	Director	$0	$183,503	$1,084,751
N/A	DIRECTOR	2.0	Director	$0	$300,768	$2,262,216
N/A	Director	55.0	Director	$707,926	$65,594	$773,520
N/A	President (Part Year)	55.0	Officer	$969,124	$112,922	$1,082,046
N/A	CFO	55.0	Officer	$0	$56,719	$387,945
N/A	COO/CNO (PART YEAR)	55.0	Key Emp	$350,857	$63,690	$414,547
N/A	PHYSICIAN	55.0	Highest	$2,008,848	$36,360	$2,045,208
N/A	PHYSICIAN	55.0	Highest	$1,336,886	$35,808	$1,372,694
N/A	DIVISION CHIEF	55.0	Highest	$1,674,216	$43,200	$1,717,416
N/A	Physician	55.0	Highest	$1,325,280	$25,063	$1,350,343
N/A	Physician	55.0	Highest	$1,771,107	$70,930	$1,842,037
N/A	FORMER KEY EMPLOYEE	50.0		$0	$69,942	$491,999
N/A	Former Officer	2.0		$1,269,571	$221,658	$1,491,229
N/A	FORMER DIRECTOR AND OFFICER	55.0		$278,804	$41,260	$322,064
N/A	FORMER OFFICER	53.0		$5,222	$32,469	$314,072
N/A	FORMER KEY EMPLOYEE	55.0		$244,384	$41,605	$285,989
N/A	FORMER DIRECTOR & OFFICER	49.0		$653,475	$144,075	$797,550
N/A	FORMER OFFICER	55.0		$366,571	$43,202	$409,773
N/A	Former Director/Vice Chair	55.0		$530,154	$31,242	$561,396

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	$1,283,406,061	$1,735,477,743	$191,252,481	$-452,071,682
2022	$1,230,333,350	$1,600,675,725	$179,374,815	$-370,342,375
2021	$1,076,786,666	$1,422,209,334	$204,039,501	$-345,422,668
2020	$866,260,002	$1,190,225,988	$196,785,353	$-323,965,986
2019	$864,178,118	$1,136,222,470	$236,325,955	$-272,044,352
2018	$800,584,674	$1,075,300,197	$179,211,139	$-274,715,523

Indiana University Health Care Associates Inc