MARYLAND MEDICINE PA

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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

1994

Legal Domicile

Principal Officer

RACHEL HOOVER

Phone

6672141820

Tax Period

2022-07-01 to 2023-06-30

MARYLAND MEDICINE PA, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $16.6M in total revenue in fiscal year 2022.

Mission

UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND, SCHOOL OF MEDICINE, ADMINISTRATIVE SUPPORT SERVICES ARE PROVIDED TO THE PHYSICIAN PRACTICES OF THE UNIVERSITY OF MARYLAND, INCLUDING HUMAN RESOURCES AND OTHER PAYROLL SERVICES. THESE SERVICES ALLOW THE PHYSICIAN PRACTICES TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR THE SERVICES ON BEHALF OF THE SCHOOL OF MEDICINE.

Program Service Accomplishments

Program 1

Expenses: $16,577,044 Revenue: $16,577,044

UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND, SCHOOL OF MEDICINE, ADMINISTRATIVE SUPPORT SERVICES ARE PROVIDED TO THE PHYSICIAN PRACTICES OF THE UNIVERSITY OF MARYLAND, INCLUDING...

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,577,044

Investment Income $13,184

Other Revenue $0

TOTAL REVENUE $16,590,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,577,044

Fundraising Expenses $0

Program Expenses $16,577,044

Other Expenses $5,148

TOTAL EXPENSES $16,582,192

Year-over-Year Comparison

	2022	2021	Change
Revenue	$16,590,228	$15,985,943	+0.0%
Expenses	$16,582,192	$15,956,343	+0.0%
Net Income	$8,036	$29,600	-0.7%

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

Governance

Voting Members

Independent Members

N/A

Employees

152

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

$701,586

Total Directors

$181,472

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM E TUCKER	TREASURER (THRU 07/22)	1.0	Officer	$0	$54,454	$520,114
KYLE HATTEN MD	PHYSICIAN	0.0	Highest	$0	$27,427	$403,632
DAVID JERRARD MD	PHYSICIAN	0.0	Highest	$0	$15,093	$312,534
MICHAEL BOND MD	PHYSICIAN	0.0	Highest	$0	$14,708	$309,781
GIRISH SETHURAMAN MD	PHYSICIAN	0.0	Highest	$0	$11,819	$292,662
BRENT KING MD	PHYSICIAN	0.0	Highest	$0	$19,531	$289,941
E ALBERT REECE MD	PRESIDENT (THRU 08/22)	0.1	Officer Director	$0	$26,139	$179,400
ANTHONY F LEHMAN MD	VICE PRESIDENT (THRU 07/22)	0.1	Officer Director	$0	$2,035	$2,035
MARK GLADWIN MD	PRESIDENT (FROM 08/22)	0.0	Officer Director	$0	$0	$37
RACHEL HOOVER	TREASURER (FROM 04/23)	1.0	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$16,590,228	$16,582,192	$682,026	$8,036
2022	$15,985,943	$15,956,343	$767,855	$29,600
2021	$2,470,350	$2,470,350	$120,047	No data
2020	$2,474,948	$2,474,948	$113,631	No data
2019	$2,092,501	$2,092,501	$106,629	No data
2018	$1,958,950	$1,958,950	$106,507	No data