C2C INNOVATIVE SOLUTIONS INC (EIN 473641754) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

JEFF PETERSON

Phone

5123341622

Tax Period

2024-01-01 to 2024-12-31

C2C INNOVATIVE SOLUTIONS INC, founded in 2015, is a major nonprofit in the Health Care sector that reported $143.4M in total revenue in fiscal year 2024. Revenue surged 202% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65.0M, a strong 45% operating margin.

Mission

PROVIDE BEST VALUE ADMINISTRATIVE SERVICES AND QUALITY MANAGEMENT PRINCIPLES THAT PROMOTE CONTINUOUS IMPROVEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,919,247

Program Service Revenue $105,702,271

Investment Income $3,769,311

Other Revenue $0

TOTAL REVENUE $143,390,829

Expense Breakdown

Grants Paid $6,102,967

Salaries & Benefits $37,517,891

Fundraising Expenses $0

Program Expenses $63,881,906

Other Expenses $34,800,746

TOTAL EXPENSES $78,421,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$143,390,829	$47,490,952	+2.0%
Expenses	$78,421,604	$49,352,417	+0.6%
Net Income	$64,969,225	$-1,861,465	-35.9%

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

587

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

$2,993,549

Total Directors

$1,972,207

Key Employees

$1,563,677

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS POLISE	TRUSTEE	1.02	Director	$13,226	$0	$13,226
DONALD P FORGIONE	TRUSTEE	1.08	Director	$14,048	$0	$14,048
GARY CRAYTON	TRUSTEE	0.68	Director	$8,836	$0	$8,836
THOMAS MANLEY	CHAIRMAN	34.60	Officer Director	$0	$62,528	$1,088,022
JEFFREY N PETERSON	PRESIDENT	43.50	Officer Director	$786,224	$61,851	$848,075
PAMELA HOERNIS	TREASURER	35.00	Officer	$0	$49,517	$767,743
LISA WARD	SECRETARY/GENERAL COUNSEL	44.80	Officer	$250,874	$38,835	$289,709
FABIAN ALZATE	DIRECTOR, BUSINESS DEVELOP	46.50	Key Emp	$227,598	$36,218	$263,816
JEAN CHENEY	PROGRAM DIRECTOR I	43.30	Key Emp	$162,432	$36,923	$199,355
BRIAN ANDREW STOTLER	PROGRAM DIRECTOR II	45.20	Key Emp	$236,816	$59,934	$296,750
NICHOLETTE WARNER	PROGRAM DIRECTOR I	43.60	Key Emp	$214,142	$40,332	$254,474
BARBARA YAKIMOWICZ	PROGRAM DIRECTOR II	45.40	Key Emp	$240,293	$37,816	$278,109
AARON PLEINES	PROGRAM DIRECTOR II	46.60	Key Emp	$215,317	$55,856	$271,173
FRANK DELLI CARPINI MD	CHIEF MEDICAL OFFICER	48.70	Highest	$510,278	$61,551	$571,829
MICHAEL OWENS MD	MEDICAL DIRECTOR II	46.40	Highest	$380,503	$63,266	$443,769
DYLAN DEATRICH MD	MEDICAL DIRECTOR I	40.00	Highest	$303,884	$61,841	$365,725
DAVID FEIG	PHYSICIAN REVIEWER II	40.00	Highest	$265,597	$39,246	$304,843
ROBERT MARCUS	MEDICAL DIRECTOR I	30.60	Highest	$246,048	$23,604	$269,652
MADELYN GRUBER	FORMER PROGRAM DIRECTOR I	33.20		$123,124	$24,621	$147,745

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	$143,390,829	$78,421,604	$245,601,419	$64,969,225
2023	$47,490,952	$49,352,417	$65,114,793	$-1,861,465
2022	$42,946,386	$44,909,702	$49,638,612	$-1,963,316
2021	$38,806,145	$34,018,606	$42,788,543	$4,787,539
2020	$35,889,777	$31,917,123	$37,848,537	$3,972,654
2019	$41,284,880	$35,897,268	$35,440,248	$5,387,612
2018	$54,356,212	$43,483,621	$30,115,798	$10,872,591

C2C INNOVATIVE SOLUTIONS INC