CONCORDIA PHYSICIAN PRACTICE (EIN 473951584) - 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

Keith Frndak

Phone

7243521571

Tax Period

2024-07-01 to 2025-06-30

CONCORDIA PHYSICIAN PRACTICE, founded in 2015, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

The organization's charitable purpose is to support and carry out the purposes of Concordia Lutheran Health and Human Care (EIN 25-0969458) by providing medical services to its residents as well as residents of the community in Cabot, PA regardless of their ability to pay.

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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 $134

Program Service Revenue $1,316,366

Investment Income $0

Other Revenue $63,635

TOTAL REVENUE $1,380,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,121,384

Fundraising Expenses $0

Program Expenses $1,245,243

Other Expenses $254,698

TOTAL EXPENSES $1,376,082

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,380,135	$1,247,924	+0.1%
Expenses	$1,376,082	$1,187,922	+0.2%
Net Income	$4,053	$60,002	-0.9%

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

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

$1,263,959

Total Directors

$3,008,736

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Keith Frndak-See Schedule O	Chair/President	1	Officer Director	$0	$37,218	$905,273
Brian Hortert-See Schedule O	Board Member	1	Director	$0	$36,679	$551,892
Michael Falbo-See Schedule O	Secretary/Treasurer	1	Officer Director	$0	$33,072	$358,686
Cristen Fiffik-See Schedule O	Board Member	1	Director	$0	$17,981	$348,737
Dr Saied Sanjari	Physician	40	Highest	$256,667	$13,649	$270,316
Dr Dina Dosch	Physician	40	Highest	$204,519	$12,965	$217,484
Natalie McKay-See Schedule O	Board Member	1	Director	$0	$11,959	$195,937
Misty Ingram-See Schedule O	Board Member	1	Director	$0	$23,844	$191,549
Hope Rouda-See Schedule O	Board Member	1	Director	$0	$11,151	$173,402
Stephanie Snow	Nurse Practitioner	40	Highest	$120,671	$33,962	$154,633
Karen Beilstein-See Schedule O	Board Member	1	Director	$0	$9,816	$151,522
Connor Hagey-See Schedule O	Board Member	1	Director	$0	$21,142	$131,738
Daniel McKnight	Nurse Practitioner	40	Highest	$114,327	$7,727	$122,054

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
2025	$1,380,135	$1,376,082	$456,518	$4,053
2024	No data	No data	No data	No data
2023	$1,095,102	$1,186,470	$598,322	$-91,368
2022	$1,169,110	$1,024,387	$523,810	$144,723
2021	$1,087,350	$985,662	$431,281	$101,688
2020	$777,631	$758,893	$488,909	$18,738
2019	$576,651	$623,344	$368,654	$-46,693
2018	$490,774	$536,214	$313,670	$-45,440

CONCORDIA PHYSICIAN PRACTICE