COVENANT HEALTH NETWORK (EIN 364133330) - 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

1997

Legal Domicile

Principal Officer

SCOTT P MOTYKA

Phone

6022870484

Tax Period

2023-01-01 to 2023-12-31

COVENANT HEALTH NETWORK, founded in 1997, is a community nonprofit in the Health Care sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $3.6M left a modest 4% surplus.

Mission

THE ORGANIZATION WAS ESTABLISHED TO ADMINISTER AND COORDINATE HEALTH SERVICES, PROMOTE GENERAL HEALTH OF PERSONS OF THE COMMUNITY SERVED, AND DEVELOP CONTRACTS AND STRATEGIES TO PROVIDE MANAGED CARE AND QUALITY IMPROVEMENT SERVICES FOR LONG-TERM HEALTH CARE FACILITIES WITHIN THE STATE OF ARIZONA.

🔒

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 $8,883

Program Service Revenue $1,966,999

Investment Income $1

Other Revenue $1,821,141

TOTAL REVENUE $3,797,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,706,695

Fundraising Expenses $0

Program Expenses $3,579,559

Other Expenses $1,920,007

TOTAL EXPENSES $3,626,702

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,797,024	$2,351,974	+0.6%
Expenses	$3,626,702	$2,749,025	+0.3%
Net Income	$170,322	$-397,051	-1.4%

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

Governance

Voting Members

Independent Members

Employees

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

$420,854

Total Directors

Key Employees

$769,817

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT P MOTYKA	DIRECTOR OF	40.00	Key Emp	$207,501	$12,950	$220,451
MATTHEW LUGER	EXECUTIVE DI	32.00	Officer	$207,052	$12,395	$219,447
CHERYL GOODWIN	CHIEF STRATE	40.00	Officer	$190,192	$11,215	$201,407
JEFFREY SCOTT WYNN	NETWORK MANA	40.00	Key Emp	$187,692	$11,040	$198,732
PATRICIA MANCHESTER	VP-CLINICAL	40.00	Key Emp	$170,004	$11,900	$181,904
DIANE KUBALA	VP-CARE TRAN	32.00	Key Emp	$157,692	$11,038	$168,730
ALAN HIEB	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
MICHELLE JUST	DIRECTOR	1.00	Director	$0	$0	$0
DANA RASIC	DIRECTOR	1.00	Director	$0	$0	$0
IRA SHULMAN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOHN THORHAUER	DIRECTOR	1.00	Director	$0	$0	$0

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	$3,797,024	$3,626,702	$789,072	$170,322
2022	$2,351,974	$2,749,025	$770,095	$-397,051
2021	$3,272,102	$3,339,395	$1,059,787	$-67,293
2021	$3,272,102	$3,222,957	$1,059,787	$49,145
2020	$2,132,172	$2,387,732	$603,560	$-255,560
2020	$2,132,172	$2,337,732	$603,560	$-205,560

COVENANT HEALTH NETWORK