METROPOLITAN HEALTH CORPORATION (EIN 382745509) - 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

1987

Legal Domicile

Principal Officer

KRIS KURTZ

Phone

6162527200

Tax Period

2020-07-01 to 2020-11-30

Mission

THE PURPOSE OF THE ORGANIZATION IS TO SUPPORT AN INTEGRATED REGIONAL HEALTH CARE SYSTEM INCLUDING METROPOLITAN HOSPITAL, A PRIMARY AND SECONDARY HEALTH CARE PROVIDER.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	N/A	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

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

$1,615,843

Total Directors

$3,382,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE A COURTADE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN FURLONG DO	BOARD MEMBER	1.00	Director	$0	$25,248	$360,964
PAUL R GAUTHIER DO	BOARD MEMBER	1.00	Director	$0	$3,453	$29,013
TODD HARTGERINK DO	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL KOVACK DO	BOARD MEMBER	1.00	Director	$0	$24,869	$762,878
STEVE A VAN ANDEL	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM J BARKELEY	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID SPAHLINGER MD	VICE CHAIR	1.00	Officer Director	$0	$106,653	$1,238,562
VICTOR VASQUEZ DO	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
KRIS KURTZ	ASSISTANT TR	1.00	Officer	$0	$25,686	$377,281
MICHELLE ANDERSON	BOARD MEMBER	1.00	Director	$0	$26,250	$376,300
JOHN HENDRICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER HAHN	PRESIDENT /	1.00	Director	$0	$24,431	$615,158

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
2020	No data	No data	No data	No data

METROPOLITAN HEALTH CORPORATION