PREFERRED FAMILY HEALTHCARE INC (EIN 431236557) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

MICHAEL T SCHWEND

Phone

6606651962

Tax Period

2022-07-01 to 2023-06-30

PREFERRED FAMILY HEALTHCARE INC, founded in 1979, is a major nonprofit in the Mental Health sector that reported $177.1M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $161.3M left a modest 9% surplus.

Mission

PREFERRED FAMILY HEALTHCARE, INC. IS A COMMUNITY-BASED HEALTH CARE ORGANIZATION PROVIDING INTEGRATED SERVICES TARGETING THE WHOLE-PERSON.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $16,499,539

Program Service Revenue $160,124,435

Investment Income $742,239

Other Revenue $-289,597

TOTAL REVENUE $177,076,616

Expense Breakdown

Grants Paid $92,956

Salaries & Benefits $123,574,696

Fundraising Expenses $0

Program Expenses $140,207,899

Other Expenses $37,667,040

TOTAL EXPENSES $161,334,692

Year-over-Year Comparison

	2022	2021	Change
Revenue	$177,076,616	$152,086,658	+0.2%
Expenses	$161,334,692	$147,770,607	+0.1%
Net Income	$15,741,924	$4,316,051	+2.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

4116

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

$4,694,988

Total Directors

Key Employees

$671,022

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SCHWEND	PRESIDENT AND CEO - PFH	1.0	Officer	$0	$270,117	$1,008,082
CJ DAVIS	PRESIDENT AND CEO	1.0	Officer	$0	$142,186	$990,722
GARIMA SINGH	CHIEF MEDICAL OFFICER	1.0	Officer	$0	$30,055	$523,507
JENNIFER GAGNON	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$86,236	$520,058
DANIEL ULRICH	MEDICAL DIRECTOR	40.0	Highest	$445,369	$42,949	$488,318
THOMAS WEBER	CHIEF ADMINISTRATIVE OFFICER	1.0	Officer	$0	$88,627	$466,885
ADAM ANDREASSEN	CHIEF OPERATING OFFICER	1.0	Officer	$0	$84,905	$466,058
ANDREW SCHWEND	CHIEF STRATEGY OFFICER	1.0	Officer	$0	$79,093	$378,838
KATARZYNA DERLUKIEWICZ	PHYSICIAN	40.0	Highest	$333,554	$41,122	$374,676
JOE SPALDING	PHYSICIAN	40.0	Highest	$309,525	$45,849	$355,374
STACEY HUDSON	CHIEF HUMAN RESOURCES OFFICER	1.0	Officer	$0	$73,421	$340,838
HERVEY MADDEN JR	PHYSICIAN	40.0	Highest	$308,119	$25,366	$333,485
ALEENA HILGER	DENTIST	40.0	Highest	$284,787	$42,794	$327,581
MARK CONOVER	CHIEF REVENUE OFFICER	40.0	Key Emp	$226,085	$40,128	$266,213
MENDIE SCHOELLER	CHIEF COMPLIANCE AND ETHICS OF	40.0	Key Emp	$188,914	$19,989	$208,903
CORI PUTZ	EVP, RECOVERY	40.0	Key Emp	$176,595	$19,311	$195,906
ROBERT BERRY	CHAIRMAN	2.0	Officer Director	$0	$0	$0
LISA FAIRLEY	VICE CHAIR	2.0	Officer Director	$0	$0	$0
DONALD CROSBY	TREASURER	2.0	Officer Director	$0	$0	$0
ANTHONY HENDERSON	SECRETARY	2.0	Officer Director	$0	$0	$0
SHARON BROWN	DIRECTOR	2.0	Director	$0	$0	$0
JOHN JAY BENSON	DIRECTOR	2.0	Director	$0	$0	$0
JIM BERGMAN	DIRECTOR	2.0	Director	$0	$0	$0
ELPHANIE SWIFT	DIRECTOR	2.0	Director	$0	$0	$0
STANLEY MELTON	DIRECTOR	2.0	Director	$0	$0	$0

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	No data	No data	No data
2023	$177,076,616	$161,334,692	$134,716,572	$15,741,924
2022	$152,086,658	$147,770,607	$120,049,610	$4,316,051
2021	$136,304,265	$145,009,133	$135,101,966	$-8,704,868
2021	$136,304,265	$145,009,133	$135,101,966	$-8,704,868
2020	$143,781,063	$140,385,761	$123,766,014	$3,395,302
2019	$152,106,339	$160,217,096	$117,799,286	$-8,110,757
2018	$189,333,464	$193,461,325	$129,567,177	$-4,127,861

PREFERRED FAMILY HEALTHCARE INC