WESTERN RESERVE HEALTH EDUC INC (EIN 452409508) - 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

2011

Legal Domicile

Principal Officer

KIMBERLY P HOWE PHD

Phone

3306755706

Tax Period

2023-01-01 to 2023-12-31

WESTERN RESERVE HEALTH EDUC INC, founded in 2011, is a community nonprofit in the Health Care sector that reported $8.8M in total revenue in fiscal year 2023. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

WESTERN RESERVE HEALTH EDUCATION("WRHE")IS A NOT-FOR-PROFIT 501(C)(3) ORGANIZATION WHOSE MISSION IS TO PROVIDE LIFELONG LEARNING OPPORTUNITIES FOR PHYSICIANS AND HEALTH CARE PROFESSIONALS IN ALL AREAS OF CLINICAL CARE AND RESEARCH BY PROVIDING DIVERSE EDUCATIONAL ACTIVITIES THAT AIM TO INCREASE KNOWLEDGE, ATTITUDE, AND SKILLS; ENHANCE PRACTICE PERFORMANCE, AND; IMPROVVE THE HEALTH STATUS OF OUR PATIENTS AND COMMUNITIES WE SERVE. WRHE HAS FIVE DEPARTMENTS AIMED AT FULFILLING THIS MISSION: GRADUATE MEDICAL EDUCATION, UNDERGRADUATE MEDICAL EDUCATION, CONTINUING MEDIAL EDUCATION,HEALTH SCIENCE LIBRARY AND RESEARCH. WRHE PROVIDES QUALITY MEDICAL CARE TO THE CITIZENS OF OHIO AT REDUCED RATES OR NO COST TO THOSE CITIZENS WHO LACK APPROPRIATE HEALTH CARE.

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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 $0

Program Service Revenue $8,797,552

Investment Income $1,118

Other Revenue $2,910

TOTAL REVENUE $8,801,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,063,089

Fundraising Expenses $0

Program Expenses $7,394,038

Other Expenses $1,349,226

TOTAL EXPENSES $7,412,315

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,801,580	$8,345,934	+0.1%
Expenses	$7,412,315	$6,876,402	+0.1%
Net Income	$1,389,265	$1,469,532	-0.1%

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

109

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

$141,972

Total Directors

$141,972

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY P HOWE PHD	PRESIDENT	40.00	Officer Director	$141,972	$0	$141,972
HEATHER CHUNN	TREASURER	1.00	Officer Director	$0	$0	$0
DIANA DEVITO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DIANNE BITONTE MILADORE MD	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE GOLDSTEIN MD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GABRIEL PALMER-FERNANDEZ PHD	DIRECTOR	1.00	Director	$0	$0	$0
JULIE ALTMAN PHD	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL YOZWIAK	DIRECTOR	1.00	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	$8,801,580	$7,412,315	$5,394,356	$1,389,265
2022	$8,345,934	$6,876,402	$4,695,077	$1,469,532
2021	$7,850,757	$6,620,753	$3,591,710	$1,230,004
2020	$7,803,553	$6,859,704	$3,924,142	$943,849
2019	$7,438,495	$7,094,136	$14,895,850	$344,359
2018	$7,559,188	$7,559,188	$8,234,368	No data

WESTERN RESERVE HEALTH EDUC INC