SHEPPARD PRATT HEALTH SYSTEM INC

🔒

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

1938

Legal Domicile

Principal Officer

HARSH TRIVEDI MD MBA

Phone

4109385401

Tax Period

2023-07-01 to 2024-06-30

SHEPPARD PRATT HEALTH SYSTEM INC, founded in 1938, is a major nonprofit in the Mental Health sector that reported $319.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $309.1M left a modest 3% surplus.

Mission

SHEPPARD PRATT, A NOT-FOR-PROFIT BEHAVIORAL HEALTH SYSTEM, IS DEDICATED TO IMPROVING THE QUALITY OF LIFE OF INDIVIDUALS AND FAMILIES BY COMPASSIONATELY SERVING THEIR MENTAL HEALTH, ADDICTION, SPECIAL EDUCATION, AND COMMUNITY SUPPORT NEEDS.

Program Service Accomplishments

Program 1

Expenses: $247,126,866 Revenue: $292,773,898

SHEPPARD PRATT HEALTH SYSTEM PROVIDES INPATIENT BEHAVIORAL HEALTH CARE, OUTPATIENT/ANCILLARY CARE, RESIDENTIAL SERVICES, SPECIAL EDUCATION TO STUDENTS AND RESIDENCY TRAINING PROGRAMS.

🔒

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 $4,676,101

Program Service Revenue $288,818,977

Investment Income $608,910

Other Revenue $25,531,365

TOTAL REVENUE $319,635,353

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,752,241

Fundraising Expenses $0

Program Expenses $247,126,866

Other Expenses $105,312,859

TOTAL EXPENSES $309,065,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$319,635,353	$291,922,409	+0.1%
Expenses	$309,065,100	$283,693,596	+0.1%
Net Income	$10,570,253	$8,228,813	+0.3%

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

3241

Volunteers

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

$2,243,366

Total Directors

Key Employees

$3,169,002

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA KAKEL	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
COLLIN MOTHUPI	ASSISTANT CHAIR	1.00	Officer Director	$0	$0	$0
MARGARET ALLEN	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN BENSON	TRUSTEE	1.00	Director	$0	$0	$0
ALAN EVANS	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN FENIMORE	TRUSTEE	1.00	Director	$0	$0	$0
ALAN GAMSE	TRUSTEE	1.00	Director	$0	$0	$0
PHILIP H GRANTHAM	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM HAUGH	TRUSTEE	1.00	Director	$0	$0	$0
BONITA HEARN	TRUSTEE	1.00	Director	$0	$0	$0
MARTHA KIRKLAND	TRUSTEE	1.00	Director	$0	$0	$0
ALTON KNIGHT	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT KRESSLEIN	TRUSTEE	1.00	Director	$0	$0	$0
CRISTIN C LAMBROS	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK MILLER	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM MORTON	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM PATERNOTTE	TRUSTEE	1.00	Director	$0	$0	$0
DAVID SAUNDERS	TRUSTEE	1.00	Director	$0	$0	$0
JIM WIEDERHOLD	TRUSTEE	1.00	Director	$0	$0	$0
HARSH TRIVEDI MD MBA	PRESIDENT & CEO	40.00	Officer	$1,534,067	$52,957	$1,587,024
KELLY SAVOCA	SVP, CFO, SECRETARY/TREASURER	40.00	Officer	$653,385	$2,957	$656,342
TODD E PETERS MD	VP, CMO, AND CMIO	40.00	Key Emp	$768,705	$33,560	$802,265
JEFFREY W RICHARDSON	VP & COO COMMUNITY BASED PROGRAMS	40.00	Key Emp	$658,254	$36,509	$694,763
JENNIFER WEISS-WILKERSON	SVP & CHIEF STRATEGY OFFICER	40.00	Key Emp	$598,223	$59,435	$657,658
GREGORY B GATTMAN	VP & COO	40.00	Key Emp	$549,965	$54,961	$604,926
KAREN ROBERTSON-KECK	VP OF HR	40.00	Key Emp	$382,999	$26,391	$409,390
DEBORAH CUNNINGHAM	EXECUTIVE DIRECTOR	40.00	Highest	$398,240	$907	$399,147
MICHAEL A YOUNG MD	MEDICAL DIRECTOR	40.00	Highest	$386,338	$29,960	$416,298
JONATHAN HERSHFIELD	LCMFT	40.00	Highest	$362,380	$36,235	$398,615
THOMAS D HESS	CHIEF OF STAFF, FORMER KEY	40.00	Highest	$318,386	$3,037	$321,423
DONNA L RICHARDSON	VP & CDO, FORMER KEY	40.00	Highest	$406,054	$13,760	$419,814
KATHLEEN HILZENDEGER	DIRECTOR DIV PROF SERVICE	40.00		$220,291	$27,599	$247,890
LAURA L WEBB	EXECUTIVE DIRECTOR, FORMER KEY	40.00		$247,225	$33,514	$280,739

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	No data	No data	No data	No data
2024	$319,635,353	$309,065,100	$430,519,677	$10,570,253
2023	$291,922,409	$283,693,596	$401,912,013	$8,228,813
2022	$251,805,264	$256,100,708	$397,148,763	$-4,295,444
2021	$221,301,067	$210,597,700	$437,781,722	$10,703,367
2020	$233,836,858	$229,436,620	$415,003,440	$4,400,238
2019	$244,579,792	$239,616,630	$414,258,907	$4,963,162
2018	$239,929,146	$234,087,825	$415,217,541	$5,841,321