Allen Medical Center Medical Office Building (EIN 364504991) - 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

2002

Legal Domicile

Phone

4407767025

Tax Period

2023-01-01 to 2023-12-31

Allen Medical Center Medical Office Building, founded in 2002, is a small nonprofit in the Health Care sector that reported $527K in total revenue in fiscal year 2023. Expenses of $810K exceeded revenue, resulting in a 54% operating deficit.

Mission

ALLEN MEDICAL CENTER MEDICAL OFFICE BUILDING OPERATES AND RENTS OFFICE AND TREATMENT SPACE TO MERCY HEALTH - ALLEN HOSPITAL LLC (AMC), AN AFFILIATED NOT-FOR PROFIT IRC SECTION 501(C)(3) HOSPITAL, TO PHYSICIANS ON THE MEDICAL STAFF OF AMC, AND TO OTHER HEALTH ORGANIZATIONS, THEREBY HELPING TO PROVIDE ACCESS TO HEALTHCARE SERVICES TO THE CITIZENS OF CENTRAL LORAIN COUNTY.

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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 $526,873

Investment Income $0

Other Revenue $0

TOTAL REVENUE $526,873

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $688,856

Other Expenses $810,418

TOTAL EXPENSES $810,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$526,873	$513,843	+0.0%
Expenses	$810,418	$1,161,379	-0.3%
Net Income	$-283,545	$-647,536	-0.6%

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

N/A

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

$2,365,696

Total Directors

$3,779,534

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice Chair	0.5	Officer Director	$0	$0	$0
N/A	President Lorain & Youngstown Market	0.5	Officer Director	$0	$250,569	$1,341,655
N/A	SECRETARY	0.5	Officer Director	$0	$0	$0
N/A	CHAIR	0.5	Officer Director	$0	$0	$0
N/A	Board Member; Physician	0.5	Director	$0	$29,506	$602,167
N/A	Board Member	0.5	Director	$0	$0	$0
N/A	Board Member	0.5	Director	$0	$0	$0
N/A	BOARD MEMBER	0.5	Director	$0	$0	$0
N/A	Board Member & BSMH COO	0.5	Director	$0	$43,113	$1,835,712
N/A	BOARD MEMBER	0.5	Director	$0	$0	$0
N/A	Board Member	0.5	Director	$0	$0	$0
N/A	BOARD MEMBER	0.5	Director	$0	$0	$0
N/A	Board Member	0.5	Director	$0	$0	$0
N/A	Board Member	0.5	Director	$0	$0	$0
N/A	BOARD MEMBER	0.5	Director	$0	$0	$0
N/A	COO Lorain & Youngstown Market	0.5	Officer	$0	$72,967	$598,092
N/A	CFO Lorain & Youngstown Market	0.5	Officer	$0	$51,324	$425,949
N/A	Former BOARD MEMBER, PRESIDENT/CEO LORAIN REGION	0.0		$0	$290	$270,240

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	$526,873	$810,418	$5,125,347	$-283,545
2022	$513,843	$1,161,379	$5,507,764	$-647,536
2021	$245,873	$479,677	$5,890,454	$-233,804
2020	$259,901	$837,800	$7,141,739	$-577,899
2019	$125,288	$212,390	$4,607,627	$-87,102
2018	$282,455	$193,736	$993,081	$88,719

Allen Medical Center Medical Office Building