BLAND COUNTY MEDICAL CLINIC INC

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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

1979

Legal Domicile

Principal Officer

BOBBY PARSELL-ASBURY

Phone

2766884331

Tax Period

2024-02-01 to 2025-01-31

BLAND COUNTY MEDICAL CLINIC INC, founded in 1979, is a community nonprofit in the Health Care sector that reported $8.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO SUPPLY MEDICAL ASSISTANCE TO BLAND COUNTY AND THE SURROUNDING AREA, WITH SPECIAL EMPHASIS ON LOW INCOME FAMILIES AND THE UNDER INSURED.

Program Service Accomplishments

Program 1

Expenses: $6,587,329 Revenue: $4,458,519

THE CLINIC OPERATES FOR THE SOLE PURPOSE OF PROVIDING PRIMARY MEDICAL SERVICES TO THE RESIDENTS OF BLAND COUNTY AND THE SURROUNDING 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,241,638

Program Service Revenue $4,458,519

Investment Income $192,520

Other Revenue $1,969,980

TOTAL REVENUE $8,862,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,401,704

Fundraising Expenses $90,352

Program Expenses $6,587,329

Other Expenses $2,336,590

TOTAL EXPENSES $8,738,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,862,657	$8,162,454	+0.1%
Expenses	$8,738,294	$8,107,918	+0.1%
Net Income	$124,363	$54,536	+1.3%

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

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

$193,110

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN GREEVER	EXECUTIVE DI	40.00	Officer	$102,924	$0	$102,924
DAVID HOLBROOK	CFO	40.00	Officer	$90,186	$0	$90,186
SAMUEL BERNARD	BOARD MEMBER	N/A	Director	$0	$0	$0
MARTHA BRACKEEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
RITA BRADSHAW	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIAM T BUTCH BYRD	BOARD MEMBER	N/A	Director	$0	$0	$0
JUDY CASSELL	BOARD MEMBER	N/A	Director	$0	$0	$0
RODNEY LAWSON	BOARD MEMBER	N/A	Director	$0	$0	$0
BOBBY PARSELL-ASBURY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
PAT PHILLIPPI	BOARD MEMBER	N/A	Director	$0	$0	$0
DENISE ROMANO	SECRETARY	N/A	Officer Director	$0	$0	$0
KATHY STARKS	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
ROBBIE STUART	BOARD MEMBER	N/A	Director	$0	$0	$0
LINDA TOWNLEY	TREASURER	N/A	Officer 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
2025	$8,862,657	$8,738,294	$6,690,580	$124,363
2024	$8,162,454	$8,107,918	$6,737,107	$54,536
2023	$8,156,643	$7,331,484	$6,551,665	$825,159
2022	$7,081,102	$5,902,258	$6,022,508	$1,178,844
2021	$6,950,174	$5,864,351	$4,657,866	$1,085,823
2020	$5,483,913	$5,475,130	$3,578,276	$8,783
2019	$5,237,291	$5,457,674	$3,606,608	$-220,383