ESSENTIAL HOSPITALS INSTITUTE (EIN 521535611) - 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

1987

Legal Domicile

Principal Officer

BRUCE SIEGEL

Phone

2025850100

Tax Period

2023-01-01 to 2023-12-31

ESSENTIAL HOSPITALS INSTITUTE, founded in 1987, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $4.1M exceeded revenue, resulting in a 70% operating deficit.

Mission

SEE PART III, LINE 1.

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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 $1,452,951

Program Service Revenue $799,872

Investment Income $159,660

Other Revenue $0

TOTAL REVENUE $2,412,483

Expense Breakdown

Grants Paid $1,049,563

Salaries & Benefits $1,974,884

Fundraising Expenses $0

Program Expenses $3,280,444

Other Expenses $1,088,454

TOTAL EXPENSES $4,112,901

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,412,483	$2,860,330	-0.2%
Expenses	$4,112,901	$3,468,899	+0.2%
Net Income	$-1,700,418	$-608,569	+1.8%

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

N/A

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

$3,026,564

Total Directors

$2,032,033

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE SIEGEL	PRESIDENT & CEO, RECORDING SECRETARY	1.00	Officer Director	$0	$100,194	$2,032,033
CHRISTINE NEUHOFF	PAST-CHAIR (THRU 6/30/23)	1.00	Officer Director	$0	$0	$0
STUART GUTERMAN	CHAIR THEN PAST CHAIR (EFF. 7/1/23)	1.00	Officer Director	$0	$0	$0
SUSAN COOPER - CHAIR-	ELECT/SEC. THEN CHAIR (EFF. 7/1/23)	1.00	Officer Director	$0	$0	$0
BRENDA BATTLE	TREAS THEN CHAIR-ELECT (EFF. 7/1/23)	1.00	Officer Director	$0	$0	$0
ROHIT BHALLA	MEMBER DIR. THEN TREAS (EFF. 7/1/23)	1.00	Officer Director	$0	$0	$0
MELINDA ABRAMS	OUTSIDE DIRECTOR	1.00	Director	$0	$0	$0
TIM CURTIN	MEMBER DIRECTOR	1.00	Director	$0	$0	$0
LUKEJOHN DAY	MEMBER DIRECTOR (EFF. 7/1/23)	1.00	Director	$0	$0	$0
MELANY GAVULIC	MEMBER DIRECTOR (THRU 2/14/23)	1.00	Director	$0	$0	$0
CHRISTOPHER LOMBARDOZZI	MEMBER DIRECTOR (EFF. 7/1/23)	1.00	Director	$0	$0	$0
MICHELLE O'KEEFE	MEMBER DIRECTOR	1.00	Director	$0	$0	$0
SHANNON SALE	MEMBER DIRECTOR	1.00	Director	$0	$0	$0
ANAND SHAH	OUTSIDE DIRECTOR	1.00	Director	$0	$0	$0
DALE SHALLER	OUTSIDE DIRECTOR (THRU 1/11/23)	1.00	Director	$0	$0	$0
DARRELL TERRY	MEMBER DIRECTOR (THRU 3/20/23)	1.00	Director	$0	$0	$0
DEBORAH VISCONI	MEMBER DIRECTOR	1.00	Director	$0	$0	$0
KEVIN WEISS	OUTSIDE DIRECTOR	1.00	Director	$0	$0	$0
WENDY WILCOX	MEMBER DIRECTOR (EFF. 7/1/23)	1.00	Director	$0	$0	$0
RHONDA GOLD	CFO	11.00	Officer	$0	$82,012	$616,748
KALPANA RAMIAH	VP, LEADERSHIP & INNOVATION	35.00	Officer	$0	$59,648	$377,783
JAMES ROBERTS	SENIOR DIRECTOR OF IT	9.00	Highest	$0	$49,243	$272,690
JENNIFER CHURCH	DIRECTOR OF HUMAN RESOURCES	9.00	Highest	$0	$29,136	$235,445
MARLENE KAUNAN	DIRECTOR OF FINANCE	10.00	Highest	$0	$38,681	$178,302
ELIZABETH FRENTZEL	DIRECTOR OF SPONSORED PROJECTS	35.00	Highest	$0	$19,047	$147,119
TAMEKA PURVIS	HR MANAGER	9.00	Highest	$0	$34,847	$134,985

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	$2,412,483	$4,112,901	$8,955,405	$-1,700,418
2022	$2,860,330	$3,468,899	$11,895,320	$-608,569
2021	$2,792,659	$2,311,915	$11,751,324	$480,744
2020	$6,420,508	$2,771,011	$10,968,467	$3,649,497
2019	$4,084,525	$3,201,790	$6,955,000	$882,735
2018	$2,698,783	$3,202,510	$5,411,662	$-503,727

ESSENTIAL HOSPITALS INSTITUTE