Presence Health Partners Services

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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

1966

Legal Domicile

Phone

3147338000

Tax Period

2022-07-01 to 2023-06-30

Presence Health Partners Services, founded in 1966, is a small nonprofit in the Health Care sector that reported $168K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $3.5M exceeded revenue, resulting in a 1986% operating deficit.

Mission

ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.

Program Service Accomplishments

Program 1

Expenses: $3,512,663 Revenue: $168,408

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO...

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. Presence Health Partners Services is in the process of winding down its affairs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $168,408

Investment Income $0

Other Revenue $0

TOTAL REVENUE $168,408

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,512,663

Other Expenses $3,512,663

TOTAL EXPENSES $3,512,663

Year-over-Year Comparison

	2022	2021	Change
Revenue	$168,408	$188,589	-0.1%
Expenses	$3,512,663	$3,107,653	+0.1%
Net Income	$-3,344,255	$-2,919,064	+0.1%

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

N/A

Employees

N/A

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

$2,173,984

Total Directors

$1,657,483

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
N/A	CHAIR/PRESIDENT	Officer Director	$0	$47,428	$569,095
N/A	DIRECTOR	Director	$0	$43,457	$306,594
N/A	DIRECTOR (END 12/2022)	Director	$0	$49,417	$781,794
N/A	SECRETARY	Officer	$0	$33,263	$326,841
N/A	TREASURER/CFO, ASCENSION ILLINOIS	Officer	$0	$48,380	$1,278,048
N/A	FORMER OFFICER (END 4/2022)		$0	$26,748	$330,877
N/A	FORMER KEY EMPLOYEE (END 12/2018)		$0	$34,584	$383,224

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$168,408	$3,512,663	$155,091	$-3,344,255
2022	$188,589	$3,107,653	$137,386	$-2,919,064
2021	$239,487	$3,199,529	$224,008	$-2,960,042
2020	$5,175	$2,887,377	$59,009,986	$-2,882,202
2019	$49,465,489	$57,813,393	$10,825,075	$-8,347,904