HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC (EIN 455454875) - 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

MARTIN LUPINETTI

Phone

2153914905

Tax Period

2024-01-01 to 2024-12-31

HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $12.6M in total revenue in fiscal year 2024. The organization ran a surplus of $2.7M, a strong 21% operating margin.

Mission

HEALTHSHARE EXCHANGE WILL PROVIDE SECURE ACCESS TO HEALTH INFORMATION TO ENABLE PREVENTIVE AND COST-EFFECTIVE CARE; IMPROVE QUALITY OF PATIENT CARE; AND FACILITATE CARE TRANSITIONS.

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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 $2,275,000

Program Service Revenue $9,801,748

Investment Income $483,813

Other Revenue $21,187

TOTAL REVENUE $12,581,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,332,243

Fundraising Expenses $0

Program Expenses $8,305,419

Other Expenses $5,550,289

TOTAL EXPENSES $9,882,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,581,748	$12,841,272	0.0%
Expenses	$9,882,532	$9,710,450	+0.0%
Net Income	$2,699,216	$3,130,822	-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

$618,500

Total Directors

Key Employees

$1,040,673

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE NAPIER	CHAIR	5.00	Officer Director	$0	$0	$0
BOB KOLODGY	TREASURER	5.00	Officer Director	$0	$0	$0
JOSEPH BILSON	TRUSTEE	5.00	Director	$0	$0	$0
JOHN CACCIAMANI	TRUSTEE	5.00	Director	$0	$0	$0
SHARON CARNEY	TRUSTEE	5.00	Director	$0	$0	$0
STEVE CARSON	TRUSTEE	5.00	Director	$0	$0	$0
TED DALLAS	TRUSTEE	5.00	Director	$0	$0	$0
C WILLIAM HANSON III MD	TRUSTEE	5.00	Director	$0	$0	$0
PATRICIA HENWOOD MD	TRUSTEE	5.00	Director	$0	$0	$0
DOROTHY KAPLAN	TRUSTEE	5.00	Director	$0	$0	$0
DR DONALD J KLINGEN MD	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL KORNHAUSER MD	TRUSTEE	5.00	Director	$0	$0	$0
KEN LEVITAN	TRUSTEE	5.00	Director	$0	$0	$0
NEIL LUBARSKY	TRUSTEE	5.00	Director	$0	$0	$0
DON MAZZA	TRUSTEE (EFF __/24)	5.00	Director	$0	$0	$0
ROBERT O'CONNOR	TRUSTEE	5.00	Director	$0	$0	$0
RICHARD SNYDER MD	TRUSTEE	5.00	Director	$0	$0	$0
KAREN SCOLES MD	TRUSTEE (THRU __/24)	5.00	Director	$0	$0	$0
MARTIN LUPINETTI	PRESIDENT & CEO	40.00	Officer	$570,200	$48,300	$618,500
GEORGE D REED	SENIOR VICE PRESIDENT/COO	40.00	Key Emp	$531,700	$46,980	$578,680
BRIAN WELLS	VP AND CHIEF TECHNOLOGY OFFICER	40.00	Key Emp	$195,578	$0	$195,578
WILLIAM MARELLA	VP, VALUE BASED CARE AND DATA ANAYTICS	40.00	Key Emp	$245,178	$21,237	$266,415
GREGORY LIPTAK	VP, QUALITY IMPROV & DISEASE MGMT	40.00	Highest	$256,531	$24,162	$280,693
STEPHEN DEFUSCIO	VP, PARTNERSHIP & BUSINESS DEVELOPMENT	40.00	Highest	$216,054	$39,083	$255,137
ALICE VUONG	MANAGER, IT ENGINEERING	40.00	Highest	$175,933	$7,852	$183,785
YELENA BEDUNKEVICH	DIRECTOR OF HUMAN RESOURCES	40.00	Highest	$167,058	$20,869	$187,927
MICHAEL MONISKY	SENIOR INTEGRATION ENGINEER	40.00	Highest	$152,368	$20,288	$172,656

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	$12,581,748	$9,882,532	$16,151,993	$2,699,216
2023	$12,841,272	$9,710,450	$13,233,488	$3,130,822
2022	$9,044,112	$10,200,269	$9,275,068	$-1,156,157
2021	$10,998,578	$10,565,223	$6,930,004	$433,355
2020	$8,973,710	$8,482,666	$6,008,370	$491,044
2019	$8,021,542	$8,591,532	$6,498,492	$-569,990
2018	$7,368,873	$7,518,282	$3,633,515	$-149,409

HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC