PRIORITY HEALTH (EIN 382715520) - 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

1986

Legal Domicile

Principal Officer

NICHOLAS GATES

Phone

8669897999

Tax Period

2024-01-01 to 2024-12-31

PRIORITY HEALTH, founded in 1986, is a large national nonprofit that reported $5.9B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

IN ADDITION TO THE PURPOSES STATED IN OUR BYLAWS WE USE THE FOLLOWING MISSION: TO IMPROVE HEALTH, INSTILL HUMANITY AND INSPIRE HOPE.

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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 $5,852,564,293

Investment Income $81,814,259

Other Revenue $233,800

TOTAL REVENUE $5,934,612,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,810,855,671

Other Expenses $646,418,543

TOTAL EXPENSES $5,933,816,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,934,612,352	$5,417,873,632	+0.1%
Expenses	$5,933,816,597	$5,399,882,862	+0.1%
Net Income	$795,755	$17,990,770	-1.0%

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

$4,592,697

Total Directors

$13,549,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA FREESE DECKER	DIRECTOR	1.00	Director	$0	$1,498,970	$6,952,800
PRAVEEN THADANI	DIRECTOR/PRESIDENT	50.00	Officer Director	$0	$551,045	$3,153,750
MATTHEW COX	DIRECTOR	1.00	Director	$0	$558,135	$3,081,750
ANN HARTEN	DIRECTOR/CHAIR	1.00	Officer Director	$0	$0	$40,000
ALICIA TORRES	DIRECTOR	1.00	Director	$0	$0	$30,500
ELAINE WOOD	DIRECTOR	1.00	Director	$0	$0	$30,500
RICHARD DEVORE	DIRECTOR	1.00	Director	$0	$0	$28,500
BIRGIT KLOHS	DIRECTOR	1.00	Director	$0	$0	$27,500
DOUGLAS DOZEMAN	DIRECTOR	1.00	Director	$0	$0	$25,500
GARRICK ROCHOW	DIRECTOR	1.00	Director	$0	$0	$25,500
HOWARD MOROF	DIRECTOR	1.00	Director	$0	$0	$25,500
JOSHUA HULST	DIRECTOR	1.00	Director	$0	$0	$25,500
LINDA GILLUM	DIRECTOR	1.00	Director	$0	$0	$25,500
MICHAEL SYTSMA	DIRECTOR	1.00	Director	$0	$0	$25,500
MINA SOOCH	DIRECTOR	1.00	Director	$0	$0	$25,500
ORA PESCOVITZ	DIRECTOR	1.00	Director	$0	$0	$25,500
EDWIN NESS	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY THOMAS	SECRETARY	50.00	Officer	$0	$154,979	$755,941
NICHOLAS GATES	TREASURER	50.00	Officer	$0	$117,461	$643,006
JOYCE CHAN RUSSELL	FORMER KEY EMPLOYEE	50.00		$0	$95,689	$678,638
CHRISTOPHER CROOK	FORMER KEY EMPLOYEE	50.00		$0	$134,003	$664,922
MICHAEL JASPERSON	FORMER KEY EMPLOYEE	50.00		$0	$115,390	$664,913
JAMES FORSHEE MD	FORMER KEY EMPLOYEE	50.00		$0	$14,894	$422,955
BRIAN KRUPICZEWICZ	FORMER KEY EMPLOYEE	0.00		$0	$0	$353,059
MATTHEW STREBECK	FORMER HIGHEST COMPENSATED	50.00		$0	$55,697	$474,267
BRIAN FEDORONKO	FORMER HIGHEST COMPENSATED	50.00		$0	$52,024	$424,204
ERIN SULLIVAN	FORMER HIGHEST COMPENSATED	50.00		$0	$45,938	$388,892

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	$5,934,612,352	$5,933,816,597	$2,373,992,522	$795,755
2023	$5,417,873,632	$5,399,882,862	$2,147,971,026	$17,990,770
2022	$4,806,940,186	$4,702,803,936	$1,979,660,437	$104,136,250
2021	$4,330,694,532	$4,341,991,959	$2,003,321,140	$-11,297,427
2020	$3,987,261,671	$3,891,453,364	$1,997,380,716	$95,808,307
2019	$3,469,212,832	$3,324,498,417	$1,507,787,414	$144,714,415
2018	$3,203,751,498	$3,079,853,067	$1,276,184,676	$123,898,431

PRIORITY HEALTH