Access East Inc (EIN 561949493) - Form 990 Financial Analysis & Trantor Score

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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

1995

Legal Domicile

Principal Officer

Debra Thompson

Phone

2528476809

Tax Period

2023-10-01 to 2024-09-30

Access East Inc, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $27.6M in total revenue in fiscal year 2023.

Mission

TO IMPROVE HEALTH THROUGH ACCESS TO, AND COORDINATION OF, QUALITY CARE IN EASTERN NORTH CAROLINA

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,879,933

Program Service Revenue $23,928,218

Investment Income $337,290

Other Revenue $417,998

TOTAL REVENUE $27,563,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,760,857

Fundraising Expenses $0

Program Expenses $24,503,448

Other Expenses $6,877,113

TOTAL EXPENSES $29,637,970

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,563,439	$27,063,661	+0.0%
Expenses	$29,637,970	$27,483,325	+0.1%
Net Income	$-2,074,531	$-419,664	+3.9%

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

N/A

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

$439,125

Total Directors

$5,011,729

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL WALDRUM MD	BOARD MEMBER	2.0	Director	$0	$368,120	$1,745,901
JAY BRILEY	BOARD MEMBER (AS OF 3/24)	2.0	Director	$0	$175,853	$688,173
DAN DRAKE PHD	CHAIRMAN	2.0	Director	$0	$210,180	$669,231
VAN SMITH	BOARD MEMBER (THRU 3/24)	2.0	Director	$0	$180,449	$577,586
BRIAN DUNN	TREASURER	2.0	Director	$0	$87,663	$457,228
DEBRA K THOMPSON	PRESIDENT	40.0	Officer	$256,819	$182,306	$439,125
MOTT BLAIR	BOARD MEMBER	2.0	Director	$0	$118,034	$394,612
BILL HAYES	VICE CHAIR	2.0	Director	$0	$116,149	$333,231
HEATHER DEANES	ADMIN, ACCESS EAST	40.0	Highest	$127,153	$59,071	$186,224
CRYSTAL DEMPSEY	ADMIN, HEALTH OPPORTUNITIES	40.0	Highest	$150,748	$20,198	$170,946
LANI TRUE	DIR, PHARMACIST-ACCESS EAST	40.0	Highest	$136,293	$31,462	$167,755
TAYLOR LEWIS	NETWORK PHARMACIST	40.0	Highest	$137,511	$19,394	$156,905
TARA KOMPARE	NETWORK PHARMACIST	40.0	Highest	$132,906	$17,985	$150,891
TINA DIXON	SECRETARY	40.0	Director	$130,535	$15,232	$145,767
WES GRAY	BOARD MEMBER (AS OF 3/24)	2.0	Director	$0	$0	$0
KIMBERLY HARDY	BOARD MEMBER	2.0	Director	$0	$0	$0
MICHAEL LANG MD	BOARD MEMBER	2.0	Director	$0	$0	$0
YVONNE LONG-GEE	BOARD MEMBER (AS OF 3/24)	2.0	Director	$0	$0	$0
JULIA PETRASSO JD	BOARD MEMBER (THRU 1/24)	2.0	Director	$0	$0	$0
KIM SCHWARTZ	BOARD MEMBER (THRU 1/24)	2.0	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	$27,563,439	$29,637,970	$23,135,277	$-2,074,531
2023	$27,063,661	$27,483,325	$21,091,977	$-419,664
2022	$26,027,210	$25,885,893	$18,348,912	$141,317
2021	$13,737,362	$19,506,762	$17,706,181	$-5,769,400
2020	$13,818,963	$16,893,768	$18,756,615	$-3,074,805
2019	$16,113,080	$14,055,236	$20,699,316	$2,057,844
2018	$18,372,498	$16,843,737	$18,935,267	$1,528,761

Access East Inc