CENTRALIZED CREDENTIALS VERIFICATION SERVICE INC (EIN 542004980) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

JAMES BECKNER

Phone

8046436631

Tax Period

2023-01-01 to 2023-12-31

CENTRALIZED CREDENTIALS VERIFICATION SERVICE INC, founded in 2000, is a small nonprofit that reported $911K in total revenue in fiscal year 2018. Expenses of $827K left a modest 9% surplus.

Mission

TO PROVIDE CREDENTIALING SOLUTIONS FOR HOSPITALS, MANAGED CARE ORGANIZATIONS, AND AMBULATORY CARE CLINICS BY OFFERING HIGH QUALITY, TIMELY, AND COST-EFFECTIVE SERVICES THAT CAN BE TAILORED TO MEET THE SPECIFIC NEEDS AND REQUIREMENTS OF OUR CLIENTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,638

Investment Income $9,677

Other Revenue $0

TOTAL REVENUE $18,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,281

Fundraising Expenses $0

Other Expenses $199,515

TOTAL EXPENSES $270,796

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,315	$311,629	-0.9%
Expenses	$270,796	$617,867	-0.6%
Net Income	$-252,481	$-306,238	-0.2%

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

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

$196,793

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC FREEMAN MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
LUCIEN ROBERTS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
THOMAS MOFFATT MD	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
GEORGE GREENFIELD PA	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
LISA ACQUAYE CPCS CPMSM	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BARGER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LUNDBERG	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA ORDONIA MPH RHIA CPHQ	DIRECTOR	1.00	Director	$0	$0	$0
MICHALE PERINI MD	DIRECTOR	1.00	Director	$0	$0	$0
LYNNE ROBINSON CPA	DIRECTOR	1.00	Director	$0	$0	$0
E WINSTON TRICE MD	DIRECTOR	1.00	Director	$0	$0	$0
TRENT WALTER MBA CRNA	DIRECTOR	1.00	Director	$0	$0	$0
JOHNNY CL WONG MD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BECKNER	EXECUTIVE DI	12.00	Officer	$0	$25,145	$196,793

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	$18,315	$270,796	$523,314	$-252,481
2022	$311,629	$617,867	$737,892	$-306,238
2021	$791,367	$825,583	$1,257,549	$-34,216
2020	$963,864	$896,587	$1,306,844	$67,277
2019	$940,073	$865,209	$1,202,077	$74,864
2018	$910,644	$827,305	$1,106,399	$83,339

CENTRALIZED CREDENTIALS VERIFICATION SERVICE INC