HEALTH SYSTEM PHYSICIAN PC (EIN 464304317) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

CHERYL KLASS

Phone

7163756190

Tax Period

2023-01-01 to 2023-12-31

HEALTH SYSTEM PHYSICIAN PC, founded in 2011, is a small nonprofit in the Health Care sector that reported $710K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 194% operating deficit.

Mission

TO PROVIDE EXCELLENT CARE IN RESPONSE TO THE HEALTH CARE NEEDS OF THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $701,256

Investment Income $0

Other Revenue $8,362

TOTAL REVENUE $709,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,119,037

Fundraising Expenses $0

Program Expenses $1,646,110

Other Expenses $964,757

TOTAL EXPENSES $2,083,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$709,618	$1,098,933	-0.4%
Expenses	$2,083,794	$2,718,096	-0.2%
Net Income	$-1,374,176	$-1,619,163	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

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

$446,094

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL OWENS	PRESIDENT	40.00	Officer	$0	$25,210	$446,094
ZIA M SHEIKH	PHYSICIAN	40.00	Highest	$469,739	$64,832	$534,571

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	No data	No data	No data	No data
2023	$709,618	$2,083,794	$199,606	$-1,374,176
2022	$1,098,933	$2,718,096	$134,589	$-1,619,163
2021	$1,364,866	$3,575,486	$325,705	$-2,210,620
2020	$1,638,152	$3,873,300	$1,131,704	$-2,235,148
2019	$2,430,372	$4,859,471	$1,250,015	$-2,429,099
2018	$2,873,761	$5,443,105	$1,551,251	$-2,569,344

HEALTH SYSTEM PHYSICIAN PC