Potomac Valley Hospital of W VA Inc (EIN 550420956) - 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

2014

Legal Domicile

Principal Officer

Amy Boothe

Phone

3045973500

Tax Period

2023-01-01 to 2023-12-31

Potomac Valley Hospital of W VA Inc, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $83.2M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $75.0M left a modest 10% surplus.

Mission

Potomac Valley strives to improve the total health status of area residents and provide supportive care for the chronically and/or terminally ill patients at home.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,193,345

Program Service Revenue $81,692,415

Investment Income $55,511

Other Revenue $265,666

TOTAL REVENUE $83,206,937

Expense Breakdown

Grants Paid $38,500

Salaries & Benefits $34,334,826

Fundraising Expenses $0

Program Expenses $63,483,650

Other Expenses $40,668,995

TOTAL EXPENSES $75,042,321

Year-over-Year Comparison

	2023	2022	Change
Revenue	$83,206,937	$71,436,905	+0.2%
Expenses	$75,042,321	$61,047,480	+0.2%
Net Income	$8,164,616	$10,389,425	-0.2%

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

Employees

517

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

$1,272,317

Total Directors

$1,382,302

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Bess MD	Director, Chief of Staff	040.00	Director	$682,706	$45,967	$728,673
Hamed Vahedikafshgari MD	Physician	040.00	Highest	$622,325	$46,338	$668,663
Michael Gould DO	Director through 08/10/23, Physician	040.00	Director	$0	$42,396	$653,629
Sherif Dabash MD	Physician	040.00	Highest	$527,413	$23,964	$551,377
Mark Boucot	Director, CEO	020.00	Officer	$218,743	$104,412	$541,898
Alan Stephens MD	Physician	040.00	Highest	$488,997	$46,150	$535,147
Boyd Sprenkle MD	Physician	033.00	Highest	$357,645	$24,105	$463,033
Rabie Zalzal MD	Physician	040.00	Highest	$363,267	$36,542	$399,809
Amy Boothe	VP Operations Finance	020.00	Officer	$121,975	$27,756	$271,706
Kendra Thayer	VP of Nursing, CNO	020.00	Officer	$107,577	$39,280	$254,434
Marjorie Fridkin	CMO	013.00	Officer	$62,071	$16,185	$204,279
Elaine Geroski	VP, Nursing, Through September 2022	N/A		$102,132	$16,483	$153,501
Robin Haupt	Director, Secretary	001.00	Officer Director	$0	$0	$0
Jerry Whisner	Director, Chair	001.00	Officer Director	$0	$0	$0
Dinah Courrier	Director through 11/20/23	001.00	Director	$0	$0	$0
Frances Jones	Director	001.00	Director	$0	$0	$0
Kevin Clark	Director	001.00	Director	$0	$0	$0
Louie Kitzmiller	Director, Treasurer	001.00	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
2024	No data	No data	No data	No data
2023	$83,206,937	$75,042,321	$59,974,562	$8,164,616
2022	$71,436,905	$61,047,480	$54,057,742	$10,389,425
2021	$55,066,780	$48,807,503	$41,281,196	$6,259,277
2020	$40,549,718	$36,713,307	$36,441,115	$3,836,411
2019	$34,595,792	$34,020,883	$26,214,566	$574,909
2018	$26,541,935	$26,510,549	$25,130,628	$31,386

Potomac Valley Hospital of W VA Inc