HUBBARD HEALTH SYSTEMS REAL ESTATE INC (EIN 453369423) - 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

GARY MILLIARD JR

Phone

5089436800

Tax Period

2024-10-01 to 2025-09-30

HUBBARD HEALTH SYSTEMS REAL ESTATE INC, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $39K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $216K exceeded revenue, resulting in a 454% operating deficit.

Mission

TO SUPPORT THE ORGANIZATION'S SOLE MEMBER (WEBSTER EMERGENCY MEDICAL SERVICES, INC.), AN AMBULANCE SERVICE (A (501) (C) (3) ORGANIZATION 04-3319821), THROUGH REMITTANCE OF NET INCOME LESS RESERVES ON AT LEAST AN ANNUAL BASIS. THE FUNDS ARE PROVIDED FROM THE RENTAL OF THE HOSPITAL BUILDING, AND LAND RENTAL OF AN EXTENDED CARE FACILITY AND MEDICAL BUILDING.

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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 $0

Investment Income $236

Other Revenue $38,804

TOTAL REVENUE $39,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $216,215

TOTAL EXPENSES $216,215

Year-over-Year Comparison

	2024	2023	Change
Revenue	$39,040	$9,757,368	-1.0%
Expenses	$216,215	$14,092,079	-1.0%
Net Income	$-177,175	$-4,334,711	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL HOPKINS	DIRECTOR	0.25	Director	$0	$0	$0
GARY MILLIARD JR	VICE-CHAIRMAN	0.25	Director	$0	$0	$0
ANJENA KUZDZAL	DIRECTOR	0.25	Director	$0	$0	$0
SANDRA MAHAN	DIRECTOR	0.25	Director	$0	$0	$0
LES STEVENS	DIRECTOR	0.25	Director	$0	$0	$0
JOHN TILLY	DIRECTOR	0.25	Director	$0	$0	$0
JAMES TRIPLETT	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD VAITKUNAS	DIRECTOR	0.25	Director	$0	$0	$0
MARK MARZEOTTI	DIRECTOR	0.25	Director	$0	$0	$0
LAWRENCE L CROWLEY	CHAIRMAN	0.25	Officer	$0	$0	$0
MAUREEN HORAN	TREASURER	0.25	Officer	$0	$0	$0
FLORENCE KUZDZAL	SECRETARY	0.25	Officer	$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	$39,040	$216,215	No data	$-177,175
2024	$9,757,368	$14,092,079	$223,802	$-4,334,711
2023	$562,450	$969,086	$5,265,304	$-406,636
2022	$450,117	$339,226	$5,770,303	$110,891
2021	$757,195	$262,763	$5,742,429	$494,432
2020	$449,780	$151,251	$5,336,617	$298,529
2019	$594,395	$371,416	$5,249,428	$222,979

HUBBARD HEALTH SYSTEMS REAL ESTATE INC