HEALTHCARE TRANSITIONAL FUNDING CORP (EIN 454203892) - 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

2012

Legal Domicile

Principal Officer

BLAINE BANDI

Phone

6022846304

Tax Period

2019-07-01 to 2020-06-30

HEALTHCARE TRANSITIONAL FUNDING CORP, founded in 2012, is a micro nonprofit that reported $25K in total revenue in fiscal year 2019. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $7.7M exceeded revenue, resulting in a 30248% operating deficit.

Mission

HEALTHCARE TRANSITIONAL FUNDING CORP.(HTFC)WAS ESTABLISHED TO ADDRESS THE SIGNIFICANT BARRIERS FACED BY SMALL, NONPROFIT HEALTH CARE DELIVERY SYSTEMS. HTFC SERVES AS THE PREMIER CATALYST FOR FINANCING ACCESS TO HEALTH CARE IN RURAL, MEDICALLY UNDERSERVED, AND TRIBAL AREAS OF THE ARIZONA ECONOMIC SPHERE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $25,480

Other Revenue $0

TOTAL REVENUE $25,480

Expense Breakdown

Grants Paid $7,700,000

Salaries & Benefits $6,000

Fundraising Expenses $0

Program Expenses $7,703,000

Other Expenses $26,574

TOTAL EXPENSES $7,732,574

Year-over-Year Comparison

	2019	2018	Change
Revenue	$25,480	$105,688	-0.8%
Expenses	$7,732,574	$26,722	+288.4%
Net Income	$-7,707,094	$78,966	-98.6%

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

$6,000

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAINE BANDI	TREASURER	2.00	Officer Director	$6,000	$0	$6,000
MARGERY BROWN	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM L EMERSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARK TIMM	DIRECTOR	2.00	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
2020	$25,480	$7,732,574	$463,333	$-7,707,094
2019	$105,688	$26,722	$7,760,105	$78,966
2018	$390,530	$69,485	$7,396,633	$321,045

HEALTHCARE TRANSITIONAL FUNDING CORP