SMHA Healthcare Inc (EIN 582460001) - 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

1997

Legal Domicile

Phone

3219723585

Tax Period

2024-01-01 to 2024-12-31

SMHA Healthcare Inc, founded in 1997, is a community nonprofit in the Health Care sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $515K, a strong 25% operating margin.

Mission

THE ORGANIZATION SUPPORTS THE EXCLUDED ASSETS AND LIABILITIES ASSOCIATED WITH THE ASSET PURCHASE TRANSACTION AND THE WIND DOWN OF SUCH ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $2,066,065

TOTAL REVENUE $2,066,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,315,418

Other Expenses $1,550,870

TOTAL EXPENSES $1,550,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,066,065	$917,115	+1.3%
Expenses	$1,550,870	$1,346,831	+0.2%
Net Income	$515,195	$-429,716	-2.2%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rex Templeton	Chairman	0.3	Officer Director	$0	$0	$0
Al Scott	Director	0.3	Director	$0	$0	$0
Charles McMillian	Director	0.3	Director	$0	$0	$0
Curtis Lewis III	Director	0.3	Director	$0	$0	$0
Dan Deloach MD	Director	0.3	Director	$0	$0	$0
Joyce Roche	Director	0.3	Director	$0	$0	$0
Susan Willetts	Director	0.3	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	$2,066,065	$1,550,870	$15,259,266	$515,195
2023	$917,115	$1,346,831	$12,584,730	$-429,716
2022	$20,637	$2,835,280	$20,395,823	$-2,814,643
2021	$1,965,623	$2,131,054	$23,371,773	$-165,431
2020	$10,057,856	$3,438,261	$34,324,155	$6,619,595
2019	$1,479,857	$6,714,741	$44,563,351	$-5,234,884

SMHA Healthcare Inc