PHOEBE PUTNEY MEMORIAL HOSPITAL INC (EIN 581928247) - 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

1990

Legal Domicile

Principal Officer

SCOTT STEINER

Phone

2293121000

Tax Period

2023-08-01 to 2024-07-31

PHOEBE PUTNEY MEMORIAL HOSPITAL INC is a 501(c)(3) with EIN 581928247, based in ALBANY, GA. Founded in 1990, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $857,505,455 in total revenue and $751,330,456 in total expenses, with net assets of $359,918,939.

Mission

WE EMPOWER EVERY MEMBER OF THE PHOEBE FAMILY TO SAFEGUARD THE HEALTH OF OUR COMMUNITIES - EMBRACING A CULTURE THAT DELIVERS GREAT PATIENT EXPERIENCES, INNOVATIVE TREATMENTS, AND ACCESS TO SUPERIOR CARE.

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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 $78,895,218

Program Service Revenue $743,068,735

Investment Income $5,955,903

Other Revenue $29,585,599

TOTAL REVENUE $857,505,455

Expense Breakdown

Grants Paid $1,520,143

Salaries & Benefits $229,017,926

Fundraising Expenses $0

Program Expenses $593,819,537

Other Expenses $520,792,387

TOTAL EXPENSES $751,330,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$857,505,455	$728,624,466	+0.2%
Expenses	$751,330,456	$711,573,723	+0.1%
Net Income	$106,174,999	$17,050,743	+5.2%

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

3704

Volunteers

230

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

$4,847,422

Total Directors

$2,738,600

Key Employees

$1,201,417

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT STEINER	PPHS CEO/PRE	25.00	Officer Director	$0	$288,557	$1,933,323
BRIAN CHURCH	PPHS CFO/CAO	25.00	Officer	$0	$188,268	$1,039,825
DEBORAH ANGERAMI	PPMH CEO	50.00	Officer	$0	$149,114	$889,157
DAWN BENSON	SVP GENERAL	25.00	Key Emp	$0	$76,877	$732,014
JOE AUSTIN	PAST PPMH CE	40.00		$0	$0	$567,757
JANE GRAY	PPMH COO	25.00	Officer	$0	$71,814	$516,446
WILLIAM M SEWELL III	MEDICAL DIR-	50.00	Highest	$471,097	$41,754	$512,851
EVELYN M OLENICK	SVP CNO	25.00	Key Emp	$433,989	$35,414	$469,403
THOMAS SULLIVAN	SVP NORTH CA	25.00	Officer	$0	$101,469	$468,671
CHINYELU OFODILE MD	BOARD MEMBER	1.00	Director	$0	$6,970	$425,551
DEREK HEARD MD	BOARD MEMBER	1.00	Director	$0	$43,587	$379,726
MAUREEN JACKSON	VP OF SURGIC	50.00	Highest	$292,901	$14,289	$307,190
MELVIN CHANEY	PPMH CHIEF P	40.00	Highest	$296,245	$6,746	$302,991
JOSEDARIO ESPIRITU	RN	40.00	Highest	$265,238	$23,693	$288,931
KIM WHITLEY	PPMH VP LOGI	40.00	Highest	$259,006	$24,492	$283,498
KAREN ILER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PAMELA JACKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARVIN LASTER	CHAIR	1.00	Officer Director	$0	$0	$0
JOHN BUCKLEY DAVIS MD	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM J MCAFEE MD	BOARD MEMBER	1.00	Director	$0	$0	$0
JERETHA PETERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNY YIN SAVELLE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY SHARPE	BRD MBR LEFT	1.00	Director	$0	$0	$0
JAMES WEBB	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE WEST	BRD MBR LEFT	1.00	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	$857,505,455	$751,330,456	$880,183,003	$106,174,999
2023	$728,624,466	$711,573,723	$747,553,725	$17,050,743
2022	$674,031,806	$745,645,002	$634,280,386	$-71,613,196
2021	$712,342,689	$669,515,610	$729,879,818	$42,827,079
2020	$606,630,003	$595,033,373	$770,600,773	$11,596,630
2019	$582,911,494	$567,785,475	$628,719,272	$15,126,019
2018	$529,400,813	$527,789,406	$617,166,762	$1,611,407

PHOEBE PUTNEY MEMORIAL HOSPITAL INC