TITUSVILLE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARRISH MEDICAL CENTER AUX INC, founded in 2014, is a micro nonprofit in the Health Care sector that reported $39K in total revenue in fiscal year 2019. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $71K exceeded revenue, resulting in a 80% operating deficit.
THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED AND FORMED IS FOR CHARITABLE AND EDUCATIONAL PURPOSES TO PROMOTE AND ADVANCE THE WELFARE OF PARRISH MEDICAL CENTER (A PUBLIC NON-PROFIT CORPORATION) (THE "HOSPITAL") CONSISTENT WITH THE GOALS AND OBJECTIVES OF PARRISH MEDICAL CENTER AS APPROVED BY ITS GOVERNING BOARD. THIS PURPOSE SHALL BE ACCOMPLISHED THROUGH SERVICE TO PARRISH MEDICAL CENTER, TO THE PUBLIC, AND IN HARMONY WITH THE HEALTHCARE NEEDS OF THE COMMUNITY SERVED BY PARRISH MEDICAL CENTER. THE CORPORATION AS PART OF ITS CHARITABLE PURPOSES MAY ALSO MAKE DISTRIBUTIONS TO OTHER ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
THE CORPORATION WILL PROVIDE VOLUNTEERS TO THE HOSPITAL AND OPERATE THE GIFT SHOP WITH VOLUNTEERS.
THE CORPORATION INTENDS TO PROVIDE SCHOLARSHIPS TO LOCAL HIGH SCHOOL AND COLLEGE STUDENTS WHO WILL STUDY MEDICINE OR A RELATED HEALTH CARE FIELDS.
THROUGH FEBRUARY 2020 THE CORPORATION WILL PROVIDE PHILIPS LIFELINE MEDICAL ALERT SERVICES AND EQUIPMENT TO SUBSCRIBERS WHO REQUIRE SUCH SERVICES . THE LIFELINE DEVICE WILL SEND A SIGNAL TO A...
THROUGH FEBRUARY 2020 THE CORPORATION WILL PROVIDE PHILIPS LIFELINE MEDICAL ALERT SERVICES AND EQUIPMENT TO SUBSCRIBERS WHO REQUIRE SUCH SERVICES . THE LIFELINE DEVICE WILL SEND A SIGNAL TO A MONITORED CALL CENTER SHOULD A USER NEED MEDICAL ASSISTANCE. THE SYSTEM CAN ALSO DETECT FALLS. THIS PROGRAM IS STAFFED ENTIRELY WITH VOLUNTEERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $39,308 | $144,487 | -0.7% |
| Expenses | $70,790 | $134,190 | -0.5% |
| Net Income | $-31,482 | $10,297 | -4.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KENT BAILEY | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS MCALPINE | VICE- PRESID | N/A |
Officer
Director
|
$0 | $0 | $0 |
| GEORGE MIKITARIAN | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| NATALIE SELLERS | PRESIDENT EL | N/A |
Officer
Director
|
$0 | $0 | $0 |
| JERALD SMITH | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $39,308 | $70,790 | $399,452 | $-31,482 |
| 2019 | $144,487 | $134,190 | $430,932 | $10,297 |
| 2018 | $180,833 | $203,887 | $421,133 | $-23,054 |
Compare PARRISH MEDICAL CENTER AUX INC with other nonprofits in Florida and across the country.