Surgicenter Services of Pitt Inc

EIN: 561690553 501(c)(3)

Greenville, NC

Total Revenue
$1,290,537
Total Expenses
$720,206
Total Assets
N/A
Net Assets
N/A
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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
1990
Legal Domicile
NC
Principal Officer
Stephen Tripp
Phone
2528475129
Tax Period
2017-10-01 to 2018-09-30

Surgicenter Services of Pitt Inc, founded in 1990, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2017. The organization ran a surplus of $570K, a strong 44% operating margin.

Mission

To provide appropriate workspace and clinical facilities.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,287,429
Investment Income $3,108
Other Revenue $0
TOTAL REVENUE $1,290,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $720,206
Other Expenses $720,206
TOTAL EXPENSES $720,206

Year-over-Year Comparison

2017 2016 Change
Revenue $1,290,537 $1,200,201 +0.1%
Expenses $720,206 $533,098 +0.4%
Net Income $570,331 $667,103 -0.1%
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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$951,442
Total Directors
4
$1,274,783
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Waldrum MD Chairman 2.00
Director
$0 $208,266 $1,274,783
Cassius Williams Director 2.00
Director
$0 $0 $0
Dr Walter Pofahl MD Director 2.00
Director
$0 $0 $0
Jimmy Garris Director 2.00
Director
$0 $0 $0
Stephen Tripp President 2.00
Officer
$0 $99,636 $271,388
David S Hughes Secretary and Treasurer 2.00
Officer
$0 $183,355 $680,054
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
2018 $1,290,537 $720,206 No data $570,331
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