PARKLAND CENTER FOR CLINICAL INNOVATION (EIN 455363543) - 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

steve MIFF

Phone

2145901168

Tax Period

2023-10-01 to 2024-09-30

PARKLAND CENTER FOR CLINICAL INNOVATION, founded in 2012, is a community nonprofit in the Health Care sector that reported $8.8M in total revenue in fiscal year 2023. Expenses of $13.9M exceeded revenue, resulting in a 57% operating deficit.

Mission

Please see p. 2 of the attached Schedule O for additional information regarding PCCI's mission and research activities.

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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 $1,196,879

Program Service Revenue $7,151,669

Investment Income $400,740

Other Revenue $66,986

TOTAL REVENUE $8,816,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,604,712

Fundraising Expenses $0

Program Expenses $6,726,852

Other Expenses $5,266,322

TOTAL EXPENSES $13,871,034

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,816,274	$8,889,821	0.0%
Expenses	$13,871,034	$14,392,087	0.0%
Net Income	$-5,054,760	$-5,502,266	-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

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

$811,775

Total Directors

$1,165,764

Key Employees

$817,486

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Frederick P Cerise	Board Member	1.0	Director	$0	$89,567	$1,139,664
STEVE MIFF	CEO	40.0	Officer	$493,341	$62,806	$556,147
Aida SOMUN	COO	40.0	Key Emp	$281,419	$51,462	$332,881
Yolande Mfondoum Pengetnze	VP Medical Director	40.0	Highest	$238,205	$49,709	$287,914
RUSSELL LEWIS	CHIEF TECHNOLOGY OFFICER	40.0		$278,156	$5,625	$283,781
GEORGE R OLIVER	VP Clinical INFORMATICS	40.0	Highest	$234,550	$22,707	$257,257
TIMOTHY PAUL PRENDERGAST	VP Finance	40.0	Officer	$210,994	$39,534	$250,528
Albert Karam	VP, DATA STRATEGY ANALYTICS	40.0	Highest	$198,155	$47,268	$245,423
Leslie Wainwright	CHIEF FUNDING Innovation offic	40.0	Key Emp	$235,077	$8,014	$243,091
CAPRIA DEES	VP TALENT MGMT AND CDO	40.0	Key Emp	$201,861	$39,653	$241,514
Jaqueline NaEem	SENIOR Medical Director	40.0	Highest	$196,249	$28,177	$224,426
Elizabeth POWELL	senior director grants	40.0	Highest	$197,525	$23,982	$221,507
Robert Lynn Smith	Board Member	1.0	Director	$6,300	$0	$6,300
Walter Theodore Shaw	Chairman	1.0	Officer Director	$5,100	$0	$5,100
Paula Dobbs-Wiggins	Board Member	1.0	Director	$5,100	$0	$5,100
WINFRED PARNELL	BOARD MEMBER	1.0	Director	$5,100	$0	$5,100
Richard Daniels	Board Member	1.0	Director	$4,500	$0	$4,500
MARJORIE PETTY	BOARD MEMBER	1.0	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
2024	$8,816,274	$13,871,034	$5,828,745	$-5,054,760
2023	$8,889,821	$14,392,087	$6,956,181	$-5,502,266
2022	$7,523,756	$12,659,799	$8,530,516	$-5,136,043
2021	$8,437,038	$11,867,300	$11,138,869	$-3,430,262
2020	$7,843,853	$11,620,485	$12,723,447	$-3,776,632
2019	$7,374,755	$11,171,632	$14,691,371	$-3,796,877
2018	$10,325,225	$11,901,096	$16,530,887	$-1,575,871

PARKLAND CENTER FOR CLINICAL INNOVATION