REGENESIS HEALTH CARE INC (EIN 571084051) - 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

1998

Legal Domicile

Principal Officer

RICHARD LONG

Phone

8645822817

Tax Period

2023-07-01 to 2024-06-30

REGENESIS HEALTH CARE INC, founded in 1998, is a mid-sized nonprofit in the Health Care sector that reported $31.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY.

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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 $5,370,181

Program Service Revenue $25,693,465

Investment Income $102,930

Other Revenue $0

TOTAL REVENUE $31,166,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,705,024

Fundraising Expenses $0

Program Expenses $23,724,427

Other Expenses $15,485,388

TOTAL EXPENSES $32,190,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,166,576	$26,168,073	+0.2%
Expenses	$32,190,412	$25,966,416	+0.2%
Net Income	$-1,023,836	$201,657	-6.1%

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

Governance

Voting Members

Independent Members

Employees

256

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

$864,852

Total Directors

Key Employees

$617,168

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSIE ERICKSEN	CHAIR	1.00	Officer Director	$0	$0	$0
VALERIE SULLIVAN	1ST VICE-CHAIR	1.00	Officer Director	$0	$0	$0
HOLLY SAVAGE	2ND VICE-CHAIR	1.00	Officer Director	$0	$0	$0
ROYA FAYYAZI	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHANIE COLN	TREASURER	1.00	Officer Director	$0	$0	$0
HUNTER DAWKINS	2ND TREASURER	1.00	Officer Director	$0	$0	$0
COLE ALVERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
OMAR DANIELS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA EDWARDS	BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE HENDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CATRINA SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLON HUNTER	CEO	40.00	Officer	$317,025	$15,052	$332,077
BRIAN KELBAUGH	CFO	40.00	Officer	$181,773	$36,275	$218,048
JEFFERY BALLENGER	VP	40.00	Officer	$152,512	$11,033	$163,545
SUMMER TEBALT	CCO	40.00	Officer	$137,828	$13,354	$151,182
MICHAEL STEELMAN	PHYSICIAN/CMO	40.00	Key Emp	$182,841	$21,624	$204,465
ERIC ROGERS	HR DIRECTOR	40.00	Key Emp	$157,947	$10,499	$168,446
JAMI COKLEY FOWLER	CMO	40.00	Key Emp	$217,923	$26,334	$244,257
JOSHUA HALL	PHYSICIAN	40.00	Highest	$227,862	$27,243	$255,105
STERLING THOMPSON	PHYSICIAN	40.00	Highest	$194,775	$4,967	$199,742
SHANA EGGE	PHYSICIAN	40.00	Highest	$167,055	$18,364	$185,419
ANKITKUMAR PATEL	PHARMACIST	40.00	Highest	$165,889	$33,911	$199,800
EMILY GILSTRAP COLAO	DENTIST	40.00	Highest	$161,026	$13,494	$174,520

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	No data	No data	No data	No data
2024	$31,166,576	$32,190,412	$16,025,990	$-1,023,836
2023	$26,168,073	$25,966,416	$16,636,866	$201,657
2022	$19,601,754	$18,869,491	$12,976,167	$732,263
2021	$18,768,365	$15,452,925	$11,970,573	$3,315,440
2020	$14,516,383	$12,719,370	$8,988,854	$1,797,013
2019	$10,474,071	$11,531,736	$6,675,403	$-1,057,665

REGENESIS HEALTH CARE INC