BRUNSWICK MEDICAL CENTER

EIN: 521176297

BRUNSWICK, MD

Total Revenue
$-78,537
Total Expenses
$137,208
Total Assets
$16,281
Net Assets
$16,281
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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
1980
Legal Domicile
MD
Principal Officer
WAYNE ALLGAIER
Phone
3018348797
Tax Period
2023-01-01 to 2023-12-31

BRUNSWICK MEDICAL CENTER, founded in 1980, is a micro nonprofit that reported $79K in total revenue in fiscal year 2023. Revenue fell 143% from the prior year — a significant decline worth monitoring.

Mission

BRUNSWICK MEDICAL CENTER INC. IS A NON PROFIT ORGANIZATION WHO OWNS, MANINTAINS AND RENTS OUT THE MEDICAL CENTER TO DOCTORS, DENTISTS AND PHARMACISTS WHO PROVIDE SERVICES IN THE BRUNSWICK MD AND SOUROUNDING AREAS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $105,567
Investment Income $-222,266
Other Revenue $38,162
TOTAL REVENUE $-78,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,850
Fundraising Expenses $0
Program Expenses $116,544
Other Expenses $132,358
TOTAL EXPENSES $137,208

Year-over-Year Comparison

2023 2022 Change
Revenue $-78,537 $180,984 -1.4%
Expenses $137,208 $123,340 +0.1%
Net Income $-215,745 $57,644 -4.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
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
4
$4,850
Total Directors
8
$4,850
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR WAYNE ALLGAIER PRESIDENT 005.00
Officer Director
$4,850 $0 $4,850
DR STEVEN ALLGAIER SECRETARY 002.00
Officer Director
$0 $0 $0
PAUL SHAFFER VICE PRESIDENT 001.00
Officer Director
$0 $0 $0
GARY BARKMAN DIRECTOR 001.00
Director
$0 $0 $0
JAMES WIGFIELD DIRECTOR 001.00
Director
$0 $0 $0
ELAINE SMALLWOOD DIRECTOR 001.00
Director
$0 $0 $0
JANE ALLNUT TREASURER 001.00
Officer Director
$0 $0 $0
PAUL SHAFFER DIRECTOR 001.00
Director
$0 $0 $0
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
2023 $-78,537 $137,208 $16,281 $-215,745
2022 $180,984 $123,340 $820,707 $57,644
2021 $186,454 $150,491 $795,492 $35,963
2020 $185,905 $143,573 $811,348 $42,332
2019 $185,921 $153,353 $828,108 $32,568
2018 $185,356 $154,135 $851,865 $31,221
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