FRANKLIN SQUARE HOSPITAL CENTER INC (EIN 520608007) - 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

1898

Legal Domicile

Principal Officer

STUART LEVINE

Phone

4107726721

Tax Period

2023-07-01 to 2024-06-30

FRANKLIN SQUARE HOSPITAL CENTER INC, founded in 1898, is a major nonprofit in the Health Care sector that reported $613.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

MEDSTAR FRANKLIN SQUARE MEDICAL CENTER, A MEMBER OF MEDSTAR HEALTH, PROVIDES THE HIGHEST QUALITY HEALTHCARE AND EDUCATION TO OUR COMMUNITIES.

🔒

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 $12,960,981

Program Service Revenue $597,759,992

Investment Income $180,127

Other Revenue $2,198,502

TOTAL REVENUE $613,099,602

Expense Breakdown

Grants Paid $161,323

Salaries & Benefits $259,013,203

Fundraising Expenses $0

Program Expenses $501,314,751

Other Expenses $338,706,077

TOTAL EXPENSES $597,880,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$613,099,602	$564,053,549	+0.1%
Expenses	$597,880,603	$568,154,973	+0.1%
Net Income	$15,218,999	$-4,101,424	-4.7%

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

3392

Volunteers

236

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

$1,964,072

Total Directors

$10,057,346

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH A SAMET	DIRECTOR	1.00	Director	$0	$106,087	$7,189,835
STUART M LEVINE MD	PRESIDENT/DIRECTOR	40.00	Officer Director	$1,217,764	$44,287	$1,262,051
NICOLA LONDON MD	DIRECTOR	40.00	Director	$620,905	$22,846	$643,751
DIANA PANCU MD	DIRECTOR & VP EMERG MED.	1.00	Director	$0	$32,213	$542,601
MICHAEL P RODRIGUES MD	DIRECTOR	1.00	Director	$0	$0	$0
CAROL L NICOLETTE ANTILL	CHAIR	1.00	Officer Director	$0	$0	$0
DENISE M MATRICCIANI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ERIC C WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD GOLDMAN MD	DIRECTOR	40.00	Director	$0	$398	$419,108
WILLIAM MCLAUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
MARLA T OROS	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL J BERNA	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE R KAMINSKI	DIRECTOR	1.00	Director	$0	$0	$0
AIMAN SHAMMAS MD	DIRECTOR	1.00	Director	$0	$0	$0
AMARIS UMBAGER	DIRECTOR (UNTIL 02/2024)	1.00	Director	$0	$0	$0
CHUKWUMA EBO MD	DIRECTOR	1.00	Director	$0	$0	$0
LISA PLOWFIELD PHD	DIRECTOR	1.00	Director	$0	$0	$0
DEANA STOUT	CFO/TREASURER	1.00	Officer	$0	$32,895	$598,495
LAUREN ROBINSON	SECRETARY	40.00	Officer	$83,640	$19,886	$103,526
DAVID LISLE MD	COLORECTAL SURGEON	40.00	Highest	$1,151,133	$19,255	$1,170,388
ALAIN ABDO MD	MEDICAL DOCTOR	40.00	Highest	$559,068	$32,203	$591,271
NATHANIEL BARBO	VP, OPERATIONS	40.00	Highest	$338,133	$17,758	$355,891
KATHY HENRY MD	PHYSICIAN	40.00	Highest	$308,452	$28,604	$337,056
KIMBERLY SCHWENK MSN	CNO	40.00	Highest	$273,615	$16,558	$290,173
ROBERT LALLY	VP, FINANCE/FORMER OFFICER	39.00		$213,730	$0	$213,730
KEITH SHINER	FORMER OFFICER	1.00		$0	$32,118	$334,146

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	$613,099,602	$597,880,603	$341,971,137	$15,218,999
2023	$564,053,549	$568,154,973	$330,984,117	$-4,101,424
2022	$547,008,613	$559,660,260	$353,571,239	$-12,651,647
2021	$621,968,540	$613,996,673	$352,871,142	$7,971,867
2020	$605,822,205	$549,814,325	$351,159,004	$56,007,880
2019	$564,998,517	$538,278,509	$280,504,715	$26,720,008
2018	$557,773,104	$518,922,787	$283,609,265	$38,850,317

FRANKLIN SQUARE HOSPITAL CENTER INC