Beyond Blue Corporation

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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

2013

Legal Domicile

Phone

8592573368

Tax Period

2023-07-01 to 2024-06-30

Mission

Beyond Blue Corporation is organized to coordinate and develop operational activities of the University of Kentucky for it's health care programs that will be conducted outside of the Commonwealth of Kentucky while supporting the University's mission of teaching research and service. No other clinical services were provided in any of the six 6 states in which the Corporation has been authorized to conduct business. The University of Kentucky University continues clinical opportunities with providers in Ohio Tennessee Indiana and West Virginia.

Program Service Accomplishments

Program 1

Expenses: $10,301,506 Revenue: $395,983

The Corporation has three professional service agreements with Cincinnati Children's Hospital to 1.) Engage in Cardiac Interventionists from time to time on a per diem basis or hourly basis. 2.)...

The Corporation has three professional service agreements with Cincinnati Children's Hospital to 1.) Engage in Cardiac Interventionists from time to time on a per diem basis or hourly basis. 2.) Pediatric Electrophysiology services for four days a month at least eight hours a day at an hourly rate and 3.) Advance Practice Provider which enables Cincinnati Children's Hospital to engage an Advanced Practice Provider from time to time on a per diem or hourly basis. A memorandum of agreement between the School Employees Retirement System of Ohio SERS and the Corporation for the University of Kentucky Know Your Rx Coalition was entered into effective January 1, 2020 to establish an agreement for the provision of Medication Therapy and related services including SERS Medicare Employer Group Waiver Plans and commercial insurance plan. THE UNIVERSITY OF KENTUCKY ENTERED INTO A PARTNERSHIP AGREEMENT WITH KING'S DAUGHTERS HEALTH SYSTEM ON APRIL 1, 2021. THE PARTNERSHIP CREATES NEW OPPORTUNITIES FOR BOTH ORGANIZATIONS TO BETTER SERVE PATIENTS THROUGHOUT KENTUCKY, SOUTHERN OHIO, AND WEST VIRGINIA BY EXPANDING THE DELIVERY OF SPECIALTY HEALTHCARE SERVICES THROUGHOUT THE REGION.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $723,648

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,301,506

Other Expenses $9,577,858

TOTAL EXPENSES $10,301,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$7,902,854	-1.0%
Expenses	$10,301,506	$4,004,499	+1.6%
Net Income	N/A	$3,898,355	N/A

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

$2,753,325

Total Directors

$6,010,311

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG COLLINS	TREASURER	1.0	Officer Director	$0	$64,580	$834,030
ERIC MONDAY	PRESIDENT	1.0	Officer Director	$0	$355,528	$1,451,361
WILLIAM E THRO	SECRETARY	1.0	Officer Director	$0	$61,467	$467,934
CHARLES H GRIFFITH	DIRECTOR	1.0	Director	$0	$75,071	$677,301
GINA DUGUS	DIRECTOR	1.0	Director	$0	$47,122	$395,021
MARK D BIRDWHISTELL	DIRECTOR	1.0	Director	$0	$100,312	$804,028
ROBERT S DIPAOLA	VICE PRESIDENT	1.0	Director	$0	$229,855	$1,380,636
MARK NEWMAN	FORMER VICE PRESIDENT	0.0		$0	$-207,362	$1,825,423

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	$10,301,506	$2,702,346	No data
2023	$7,902,854	$4,004,499	$12,491,004	$3,898,355
2022	$11,278,597	$11,278,879	$2,819,725	$-282
2021	$2,978,892	$2,979,059	$2,739,202	$-167
2020	$302,249	$302,249	$123,917	No data