PHYSICIANS CLINIC INC (EIN 470687317) - 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

1985

Legal Domicile

Principal Officer

TODD D GRAGES

Phone

4023544840

Tax Period

2023-01-01 to 2023-12-31

PHYSICIANS CLINIC INC, founded in 1985, is a major nonprofit in the Health Care sector that reported $284.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $342.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE HIGH QUALITY, COST EFFECTIVE HEALTHCARE.

🔒

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 $282,940,978

Investment Income $640,820

Other Revenue $975,796

TOTAL REVENUE $284,557,594

Expense Breakdown

Grants Paid $3,984,591

Salaries & Benefits $261,277,043

Fundraising Expenses $0

Program Expenses $321,818,170

Other Expenses $77,404,788

TOTAL EXPENSES $342,666,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,557,594	$258,633,091	+0.1%
Expenses	$342,666,422	$323,383,726	+0.1%
Net Income	$-58,108,828	$-64,750,635	-0.1%

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

Independent Members

Employees

2233

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

$4,946,699

Total Directors

$3,073,237

Key Employees

$1,090,865

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOKE HUBBARD	DIRECTOR	1.00	Director	$0	$0	$0
LARRY V PEARSON	CHAIRMAN	1.00	Director	$0	$0	$0
SCOTT DAMROW	DIRECTOR	1.00	Director	$0	$0	$0
NP DODGE JR	DIRECTOR	1.00	Director	$0	$0	$0
JENN BENSON	DIRECTOR	1.00	Director	$0	$0	$0
HELENMARI MERRIT-GENORE MD	SECRETARY	40.00	Officer Director	$1,205,010	$66,289	$1,271,299
TOM WHITE MD	VICE CHAIRMAN	40.00	Officer Director	$681,778	$70,640	$752,418
SUMIT MUKHERJEE MD	TREASURER	40.00	Officer Director	$971,772	$77,748	$1,049,520
TODD ENGLE	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY E FRANCIS	CFO	6.00	Officer	$0	$148,176	$807,910
TODD D GRAGES	PRESIDENT	39.00	Officer	$0	$123,433	$644,796
MICK ELHERT	VICE PRESIDENT	40.00	Officer	$0	$66,468	$420,756
ASHELY LEGRAND-ROZOVICS DO	MEDICAL DIRECTOR PATIENT E	40.00	Key Emp	$359,336	$52,211	$411,547
JUDITH SCOTT MD	MEDICAL DIRECTOR RISK MANA	40.00	Key Emp	$597,737	$81,581	$679,318
JOHN BATTER MD	PHYSICIAN	40.00	Highest	$1,075,166	$66,533	$1,141,699
SCOTT DEBATES MD	PHYSICIAN	40.00	Highest	$1,147,597	$62,935	$1,210,532
ANJAN TALUKDAR MD	PHYSICIAN	40.00	Highest	$1,143,530	$40,798	$1,184,328
ROBERT ARMBRUSTER MD	PHYSICIAN	40.00	Highest	$1,241,394	$59,072	$1,300,466
JOSEPH AYOUB MD	PHYSICIAN	40.00	Highest	$1,162,470	$83,533	$1,246,003

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	$284,557,594	$342,666,422	$103,821,240	$-58,108,828
2022	$258,633,091	$323,383,726	$108,033,296	$-64,750,635
2021	$234,982,156	$278,961,137	$103,813,795	$-43,978,981
2020	$206,180,874	$245,741,917	$98,824,491	$-39,561,043
2019	$206,295,251	$241,129,193	$89,890,529	$-34,833,942
2018	$193,362,654	$219,759,114	$65,967,304	$-26,396,460

PHYSICIANS CLINIC INC