Indiana University Health Ball Memorial Physicians Inc

EIN: 351925641 501(c)(3) Health Care

INDIANAPOLIS, IN

Total Revenue
$115,585,667
Total Expenses
$185,434,746
Total Assets
$18,725,794
Net Assets
$-158,687,265
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IN
Phone
3179634842
Tax Period
2023-01-01 to 2023-12-31

Indiana University Health Ball Memorial Physicians Inc, founded in 1994, is a major nonprofit in the Health Care sector that reported $115.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $185.4M exceeded revenue, resulting in a 60% operating deficit.

Mission

LEAD THE TRANSFORMATION OF HEALTHCARE THROUGH QUALITY, INNOVATION & EDUCATION, AND MAKE INDIANA ONE OF THE NATION'S HEALTHIEST STATES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $403,718
Program Service Revenue $113,794,281
Investment Income $-12,050
Other Revenue $1,399,718
TOTAL REVENUE $115,585,667

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,649,594
Fundraising Expenses $0
Program Expenses $171,107,343
Other Expenses $37,785,152
TOTAL EXPENSES $185,434,746

Year-over-Year Comparison

2023 2022 Change
Revenue $115,585,667 $105,039,038 +0.1%
Expenses $185,434,746 $156,721,018 +0.2%
Net Income $-69,849,079 $-51,681,980 +0.4%
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

Sign In

Governance

Voting Members
8
Independent Members
2
Employees
986
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
6
$2,398,163
Total Directors
9
$3,310,819
Key Employees
4
$1,410,372
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Director/Vice Chair (Part Year) 10.0
Officer Director
$0 $37,495 $267,600
N/A DIRECTOR/VICE CHAIR (Part Year) / COO (ECR) 10.0
Officer Director
$0 $61,965 $441,211
N/A DIRECTOR/CHAIR/PRESIDENT 10.0
Officer Director
$0 $64,192 $554,413
N/A DIRECTOR / VP & CMO (ECR) 25.0
Director Key Emp
$0 $77,187 $518,672
N/A DIRECTOR 49.0
Director
$282,146 $67,475 $349,621
N/A DIRECTOR 55.0
Director
$461,560 $78,606 $540,166
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR 2.0
Director
$0 $0 $0
N/A DIRECTOR (Part Year) 55.0
Director
$559,813 $79,323 $639,136
N/A CFO (ECR) / Treasurer 2.0
Officer
$251,174 $67,467 $454,986
N/A VP-General Counsel, Asst Secretary (ECR) (Part Year) 0.0
Officer
$0 $50,502 $309,878
N/A SECRETARY (Part Year) 2.0
Officer
$0 $44,205 $370,075
N/A VP-Human Resources (ECR) 10.0
Key Emp
$0 $60,926 $260,965
N/A VP & CHIEF PRACTICE OFFICER 55.0
Key Emp
$236,016 $68,481 $304,497
N/A VP & CNO (ECR) 10.0
Key Emp
$0 $54,187 $326,238
N/A Physician 55.0
Highest
$925,553 $41,732 $967,285
N/A Physician 55.0
Highest
$866,672 $66,483 $933,155
N/A Physician 55.0
Highest
$932,337 $35,700 $968,037
N/A PHYSICIAN 55.0
Highest
$1,164,458 $35,927 $1,200,385
N/A Physician 55.0
Highest
$873,451 $54,121 $927,572
N/A FORMER DIRECTOR/OFFICER 0.0
$0 $172,192 $1,157,390
N/A FORMER OFFICER 0.0
$0 $56,719 $387,945
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 $115,585,667 $185,434,746 $18,725,794 $-69,849,079
2022 $105,039,038 $156,721,018 $15,938,853 $-51,681,980
2021 $101,292,379 $141,863,955 $15,262,055 $-40,571,576
2020 $90,589,593 $133,590,014 $15,468,019 $-43,000,421
2019 $95,147,634 $124,796,704 $16,024,027 $-29,649,070
2018 $88,099,881 $118,251,300 $17,890,547 $-30,151,419
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Indiana University Health Ball Memorial Physicians Inc with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.