SWOPE HEALTH FOUNDATION (EIN 431497518) - 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

1984

Legal Domicile

Principal Officer

JERON RAVIN

Phone

8165995680

Tax Period

2023-01-01 to 2023-12-31

SWOPE HEALTH FOUNDATION, founded in 1984, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $6.6M exceeded revenue, resulting in a 283% operating deficit.

Mission

SWOPE HEALTH FOUNDATION WAS CREATED TO RAISE FUNDS TO SUPPORT SWOPE HEALTH SERVICES.

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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 $324,323

Program Service Revenue $0

Investment Income $1,406,039

Other Revenue $109

TOTAL REVENUE $1,730,471

Expense Breakdown

Grants Paid $5,972,950

Salaries & Benefits $258,415

Fundraising Expenses $104,000

Program Expenses $6,516,263

Other Expenses $284,898

TOTAL EXPENSES $6,620,263

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,730,471	$12,856,938	-0.9%
Expenses	$6,620,263	$3,951,837	+0.7%
Net Income	$-4,889,792	$8,905,101	-1.5%

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

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

$722,379

Total Directors

$722,379

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR LINDA ADKISON	BOARD MEMBER	1.00	Director	$0	$0	$0
DANA CUTLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JERON RAVIN	PRESIDENT	0.30	Officer Director	$0	$30,753	$507,884
ANGELA SMART	EXECUTIVE DIRECTOR	0.30	Officer Director	$192,060	$22,435	$214,495

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	No data	No data	No data	No data
2023	$1,730,471	$6,620,263	$54,239,743	$-4,889,792
2022	$12,856,938	$3,951,837	$52,141,878	$8,905,101
2021	$2,411,624	$353,375	$43,683,398	$2,058,249
2020	$31,626,608	$107,948	$38,551,957	$31,518,660
2019	$95,311	$24,968	$2,777,225	$70,343
2018	$121,307	$38,051	$2,328,708	$83,256

SWOPE HEALTH FOUNDATION