KANSAS ASSOCIATION OF MEDICAID HEA… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

WADE HAPGOOD

Phone

7852426400

Tax Period

2023-01-01 to 2023-12-31

KANSAS ASSOCIATION OF MEDICAID HEALTH PLANS, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $260K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $117K, a strong 45% operating margin.

Mission

TO ASSIST OUR MEMBERS TO BE POSITIONED TO DELIVER THE HIGHEST QUALITY CARE TO CONSUMERS WHILE ACHIEVING THE GOALS OF MANAGED CARE.

Program Service Accomplishments

Program 1

THE ASSOCIATION STRIVES TO ACHIEVE THEIR GOAL BY KEEPING MEMBERS INFORMED ON CURRENT DEVELOPMENTS IN MANAGED CARE HEALTH POLICY WITHIN KANSAS, FOSTERING COMMUNICATIONS BETWEEN MEMBERS AND PROVIDING A...

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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 $260,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $260,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,833

Fundraising Expenses $0

Other Expenses $137,123

TOTAL EXPENSES $142,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$260,000	$119,633	+1.2%
Expenses	$142,956	$126,345	+0.1%
Net Income	$117,044	$-6,712	-18.4%

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

$5,833

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE HAPGOOD	PRESIDENT	0.00	Officer Director	$0	$0	$0
SHAWN FUREY	VICE-PRESIDENT	0.00	Officer Director	$0	$0	$0
CHRISTINA MORRIS	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
BLAINE FINCH	EXECUTIVE DIRECTOR (FROM 2/23)	10.00	Officer	$0	$0	$0
MARY BIBLER	EXECUTIVE DIRECTOR (THRU 1/23)	10.00	Officer	$5,833	$0	$5,833

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
2023	$260,000	$142,956	$175,315	$117,044
2022	$119,633	$126,345	$58,271	$-6,712
2021	$537,672	$695,821	$70,816	$-158,149
2020	$762,099	$627,299	$228,965	$134,800
2019	$125,205	$38,187	$94,165	$87,018
2018	$33,066	$30,410	$7,147	$2,656

KANSAS ASSOCIATION OF MEDICAID HEALTH PLANS