Providence Hospital (EIN 530196636) - 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

1864

Legal Domicile

Phone

3147338000

Tax Period

2022-07-01 to 2023-06-30

Providence Hospital, founded in 1864, is a mid-sized nonprofit in the Health Care sector that reported $16.5M in total revenue in fiscal year 2022. Revenue surged 218% from the prior year, signaling strong growth momentum. Expenses of $51.3M exceeded revenue, resulting in a 211% operating deficit.

Mission

To improve the health and well-being of all people in the communities we serve.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $10,126

Program Service Revenue $9,136,011

Investment Income $5,421,596

Other Revenue $1,934,202

TOTAL REVENUE $16,501,935

Expense Breakdown

Grants Paid $166,194

Salaries & Benefits $5,151,813

Fundraising Expenses $0

Program Expenses $42,593,058

Other Expenses $46,023,106

TOTAL EXPENSES $51,341,113

Year-over-Year Comparison

	2022	2021	Change
Revenue	$16,501,935	$5,191,734	+2.2%
Expenses	$51,341,113	$15,713,804	+2.3%
Net Income	$-34,839,178	$-10,522,070	+2.3%

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

N/A

Employees

243

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

$1,697,727

Total Directors

$4,420,742

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT (END 5/2023)	0.0	Officer Director	$0	$46,752	$825,787
N/A	DIRECTOR/CFO, MINISTRY MARKET	0.0	Officer Director	$0	$47,272	$441,354
N/A	DIRECTOR/INTERIM PRESIDENT & CEO (START 5/2023)	0.0	Officer Director	$0	$45,444	$430,586
N/A	DIRECTOR (END 12/2022)	0.0	Director	$0	$10,584	$684,687
N/A	DIRECTOR	0.0	Director	$0	$50,655	$2,038,328
N/A	PHYSICIAN	50.0	Highest	$345,110	$36,954	$382,064
N/A	PHYSICIAN	50.0	Highest	$423,387	$23,572	$446,959
N/A	PHYSICIAN	50.0	Highest	$310,870	$35,633	$346,503
N/A	MEDICAL DIRECTOR	50.0	Highest	$337,639	$47,314	$384,953
N/A	PHYSICIAN	50.0	Highest	$474,163	$34,609	$508,772
N/A	FORMER OFFICER (END 1/2020)	0.0		$0	$44,887	$465,588

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	$16,501,935	$51,341,113	$6,425,613	$-34,839,178
2022	$5,191,734	$15,713,804	$38,005,356	$-10,522,070
2021	$6,465,043	$15,261,753	$40,301,832	$-8,796,710
2020	$10,196,647	$16,199,684	$42,003,987	$-6,003,037
2019	$155,293,891	$160,260,062	$69,203,094	$-4,966,171
2018	$183,844,183	$216,673,448	$185,588,473	$-32,829,265

Providence Hospital