GENESYS AMBULATORY HEALTH 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

1981

Legal Domicile

Principal Officer

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2024-07-01 to 2025-06-30

GENESYS AMBULATORY HEALTH SERVICES, founded in 1981, is a mid-sized nonprofit in the Health Care sector that reported $30.8M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

AS ONE OF THE NATION'S LEADING INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HENRY FORD HEALTH SYSTEM, A RELATED ORGANIZATION OF THE FILING ENTITY, TO IMPROVE PEOPLE'S LIVES THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING.

Program Service Accomplishments

Program 1

Expenses: $30,749,646 Revenue: $151,515

GENESYS AMBULATORY HEALTH SERVICES PROVIDES STAFFING SERVICES FOR TAX-EXEMPT 501(C)(3) RELATED ORGANIZATIONS WHERE SERVICES/BENEFITS ARE CHARGED OUT AT COST. IN ADDITION, GENESYS AMBULATORY HEALTH...

GENESYS AMBULATORY HEALTH SERVICES PROVIDES STAFFING SERVICES FOR TAX-EXEMPT 501(C)(3) RELATED ORGANIZATIONS WHERE SERVICES/BENEFITS ARE CHARGED OUT AT COST. IN ADDITION, GENESYS AMBULATORY HEALTH SERVICES PROVIDES OCCUPATIONAL HEALTH SERVICES, OPERATES AN URGENT CARE CENTER, AND MAINTAINS A GENESYS HEALTH SYSTEM LEASED FACILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $151,515

Investment Income $0

Other Revenue $30,613,034

TOTAL REVENUE $30,764,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,040,503

Fundraising Expenses $0

Program Expenses $30,749,646

Other Expenses $120,884

TOTAL EXPENSES $31,161,387

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,764,549	$25,494,769	+0.2%
Expenses	$31,161,387	$26,480,530	+0.2%
Net Income	$-396,838	$-985,761	-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

N/A

Employees

242

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

$14,789,064

Total Directors

$13,643,038

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT G RINEY	PRESIDENT/CEO (START 10/2024)	2.00	Officer Director	$0	$61,705	$7,081,174
ROBIN S DAMSCHRODER	TREASURER/CFO (START 10/2024)	2.00	Officer Director	$0	$64,536	$3,410,191
CAROL L SCHMIDT	MINISTRY MARKET EXEC/PRES (END 9/24)	2.00	Officer Director	$0	$45,856	$2,826,319
STEVEN B BENDER ESQ	SECRETARY (START 10/2024)	2.00	Officer Director	$0	$5,629	$325,354
MICHAEL MCCULLOUGH	CFO, MINISTRY MARKET (END 9/2024)	2.00	Officer	$0	$46,446	$1,146,026
MOHAMMAD KANJWAL MD	PHYSICIAN	50.00	Highest	$877,775	$50,256	$928,031
ABDULFATAH OSMAN MD	PHYSICIAN	50.00	Highest	$832,629	$58,237	$890,866
THOMAS P MILLER MD	PHYSICIAN	50.00	Highest	$718,307	$52,515	$770,822
THOMAS VANHECKE MD	PHYSICIAN	50.00	Highest	$698,029	$56,772	$754,801
JOHN E VANCE MD	PHYSICIAN	50.00	Highest	$691,525	$55,143	$752,668
JONATHAN SAMUEL NALLI FACHE	FORMER OFFICER (END 12/2022)	0.00		$0	$6,250	$949,654
DOUGLAS TODD MYERS	FORMER OFFICER (END 3/2023)	0.00		$0	$0	$383,721

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	$30,764,549	$31,161,387	$1,385,181	$-396,838
2024	No data	No data	No data	No data
2023	$23,845,010	$25,707,825	$3,632,508	$-1,862,815
2022	$22,022,132	$24,076,024	$3,986,058	$-2,053,892
2021	$20,134,803	$22,322,436	$8,917,672	$-2,187,633
2020	$20,842,702	$23,334,448	$9,358,982	$-2,491,746
2019	$26,589,694	$28,591,160	$9,130,848	$-2,001,466
2018	$20,997,156	$25,117,269	$6,836,639	$-4,120,113