ADVENTIST HEALTHCARE INC (EIN 521532556) - 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

1983

Legal Domicile

Principal Officer

JOHN SACKETT

Phone

3013153030

Tax Period

2023-01-01 to 2023-12-31

ADVENTIST HEALTHCARE INC, founded in 1983, is a major nonprofit that reported $910.2M in total revenue in fiscal year 2023. Expenses of $867.4M left a modest 5% surplus.

Mission

HEALTH-CARE NETWORK: SERVICES INCLUDING ACUTE CARE, AMBULATORY AND POPULATION HEALTH MANAGEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,145,270

Program Service Revenue $878,298,123

Investment Income $13,305,581

Other Revenue $6,427,396

TOTAL REVENUE $910,176,370

Expense Breakdown

Grants Paid $1,191,952

Salaries & Benefits $442,215,277

Fundraising Expenses $1,822,699

Program Expenses $721,143,530

Other Expenses $423,951,004

TOTAL EXPENSES $867,358,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$910,176,370	$953,989,583	0.0%
Expenses	$867,358,233	$951,088,506	-0.1%
Net Income	$42,818,137	$2,901,077	+13.8%

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

8355

Volunteers

698

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

$3,545,525

Total Directors

$2,029,876

Key Employees

$4,912,848

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRY FORDE	PRESIDENT & CEO, AHC	45.00	Officer Director	$1,448,232	$69,578	$1,517,810
MARISSA LESLIE MD	BOARD(END 4/2023); SYS MED DIR,PSYCH	2.00	Director	$0	$24,512	$328,635
LAURA KHANDAGLE MD	BOARD MEMBER	1.00	Director	$60,000	$0	$60,000
BRETT GAMMA MD	BOARD MEMBER	1.00	Director	$40,000	$0	$40,000
SAFY JOHN MD	BOARD MEMBER	1.00	Director	$28,000	$0	$28,000
CYNTHIA PLATE MD	BOARD MEMBER	1.00	Director	$25,512	$0	$25,512
EMMANUEL ASIEDU	BOARD TREASURER	1.00	Director	$12,000	$0	$12,000
DAVID E WEIGLEY	BOARD CHAIR	1.00	Director	$11,683	$0	$11,683
CELESTE RYAN BLYDEN	BOARD SECRETARY	1.00	Director	$6,236	$0	$6,236
PAUL ALPUCHE ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES BOYLE	BOARD TERM END 4/2023	1.00	Director	$0	$0	$0
ROBERT CLARKE	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANKLIN DAVID	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET DEVINNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL KISUNZU	BOARD TERM END 4/2023	1.00	Director	$0	$0	$0
CHARLES TAPP	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY MOSLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN SACKETT	EVP & COO, AHC	40.00	Officer	$1,014,008	$71,597	$1,085,605
KRISTEN PULIO	SVP & CFO, AHC	44.00	Officer	$764,576	$177,534	$942,110
ANITA JENKINS	PRESIDENT,HOWARD UNIVERSITY HOSPITAL	50.00	Key Emp	$1,321,616	$47,800	$1,369,416
ANTHONY STAHL	PRESIDENT, WOMC	42.00	Key Emp	$750,174	$184,476	$934,650
DANIEL L COCHRAN	PRESIDENT, SGMC	44.00	Key Emp	$742,089	$188,032	$930,121
PATSY MCNEIL	SVP, SYSTEM CHIEF MEDICAL OFFICER	44.00	Key Emp	$719,578	$157,729	$877,307
BRENT REITZ	PRESIDENT, POST-ACUTE CARE SRV, AHC	5.00	Key Emp	$660,540	$140,814	$801,354
PAUL MASSIMIANO MD	PHYSICIAN	50.00	Highest	$1,147,767	$55,818	$1,203,585
SHERIF SELIM MD	PHYSICIAN	50.00	Highest	$1,158,485	$44,770	$1,203,255
JONATHAN RHEE MD	PHYSICIAN	50.00	Highest	$1,081,920	$48,271	$1,130,191
STEVEN BOYCE MD	PHYSICIAN	50.00	Highest	$847,454	$4,099	$851,553
DENNIS FRIEDMAN MD	PHYSICIAN	50.00	Highest	$796,815	$39,422	$836,237

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	No data	No data	No data	No data
2023	$910,176,370	$867,358,233	$1,641,107,821	$42,818,137
2022	$953,989,583	$951,088,506	$1,644,205,703	$2,901,077
2021	$967,769,251	$926,643,245	$1,771,568,949	$41,126,006
2020	$831,441,719	$780,382,705	$1,592,455,100	$51,059,014
2019	$761,227,095	$721,597,968	$1,335,425,748	$39,629,127
2018	$727,531,459	$697,179,188	$1,245,225,364	$30,352,271

ADVENTIST HEALTHCARE INC