Faith Healthcare Inc (EIN 473595111) - 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

2015

Legal Domicile

Phone

6063963534

Tax Period

2023-01-01 to 2023-12-31

Faith Healthcare Inc, founded in 2015, is a mid-sized nonprofit in the Human Services sector that reported $44.7M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

THE PATIENT-CENTERED HEALTHCARE TEAM OF FAITH HEALTHCARE, INC. (FHC) WILL PROVIDE THE HIGHEST QUALITY, COMPREHENSIVE MEDICAL CARE WITH COMPASSION AND PROFESSIONALISM.

🔒

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 $5,000

Program Service Revenue $44,701,649

Investment Income $0

Other Revenue $0

TOTAL REVENUE $44,706,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,579,915

Fundraising Expenses $0

Program Expenses $44,209,991

Other Expenses $31,294,577

TOTAL EXPENSES $44,874,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,706,649	$33,347,668	+0.3%
Expenses	$44,874,492	$32,807,255	+0.4%
Net Income	$-167,843	$540,413	-1.3%

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

298

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

$1,867,682

Total Directors

Key Employees

$1,143,968

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Chairperson	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Chief Financial Officer	40.0	Officer	$125,485	$18,465	$143,950
N/A	Chief Medical Officer	40.0	Officer	$506,883	$31,177	$538,060
N/A	Chief Compliance Officer	40.0	Officer	$31,731	$0	$31,731
N/A	Chief Administrative Officer	40.0	Officer	$120,971	$24,284	$145,255
N/A	Chief Operating Officer/ Interim CEO	40.0	Officer	$156,970	$11,272	$168,242
N/A	Chief Compliance Officer & HR Officer	40.0	Officer	$95,293	$18,194	$113,487
N/A	Chief Executive Officer	50.0	Officer	$343,077	$23,186	$366,263
N/A	Chief Clinical Officer	40.0	Officer	$95,673	$26,685	$122,358
N/A	Chief Pharmacy Officer	40.0	Officer	$128,826	$5,153	$133,979
N/A	Chief Financial Officer	40.0	Officer	$97,217	$7,140	$104,357
N/A	APRN	40.0	Key Emp	$263,500	$18,287	$281,787
N/A	340B Director	40.0	Key Emp	$204,826	$8,193	$213,019
N/A	Dentist	40.0	Key Emp	$208,299	$24,459	$232,758
N/A	APRN	40.0	Key Emp	$183,728	$30,188	$213,916
N/A	Dentist	40.0	Key Emp	$193,403	$9,085	$202,488

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	$44,706,649	$44,874,492	$1,171,180	$-167,843
2022	$33,347,668	$32,807,255	$11,733,220	$540,413
2021	$10,559,306	$10,324,816	$3,715,273	$234,490
2020	$1,727,629	$3,753,676	$897,053	$-2,026,047

Faith Healthcare Inc