HEALTHYWAYS INC (EIN 591143105) - 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

1993

Legal Domicile

Principal Officer

MIKE WILLIS

Phone

8509972644

Tax Period

2023-01-01 to 2023-12-31

HEALTHYWAYS INC, founded in 1993, is a micro nonprofit in the Health Care sector that reported $30K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $105K exceeded revenue, resulting in a 250% operating deficit.

Mission

WITHIN JEFFERSON COUNTY, OPERATE A MEDICAL CLINIC; PROVIDE HEALTH, MEDICAL INFORMATION AND EDUCATION THROUGH OUTREACH PROGRAMS; ASSIST PARENTS IN PREPARING THEIR CHILDREN FOR ELEMENTARY SCHOOL AND ASSIST NEEDY RESIDENTS.

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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 $10,500

Program Service Revenue $0

Investment Income $10,134

Other Revenue $9,275

TOTAL REVENUE $29,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,665

Fundraising Expenses $0

Program Expenses $48,281

Other Expenses $34,108

TOTAL EXPENSES $104,773

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,909	$35,182	-0.1%
Expenses	$104,773	$92,501	+0.1%
Net Income	$-74,864	$-57,319	+0.3%

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

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

$50,441

Total Directors

$50,441

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA GRUBBS	SECRETARY/TR	16.00	Officer Director	$50,441	$0	$50,441
KIM BARNHILL	DIRECTOR	1.00	Director	$0	$0	$0
JANEGALE W BOYD	DIRECTOR	1.00	Director	$0	$0	$0
JOHN B BRINSON	DIRECTOR	1.00	Director	$0	$0	$0
POLLY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JACK CARSWELL	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
ROGER CHAMPION	DIRECTOR	1.00	Director	$0	$0	$0
CORNELIA CORBETT	DIRECTOR	1.00	Director	$0	$0	$0
MARK DEMOTT	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDETTE MCRAE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID M WARD	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WILLIS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GARY WRIGHT	DIRECTOR	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	No data	No data	No data	No data
2023	$29,909	$104,773	$900,061	$-74,864
2022	$35,182	$92,501	$840,225	$-57,319
2021	$39,058	$122,189	$1,029,320	$-83,131
2020	$138,805	$109,131	$970,572	$29,674
2019	$88,156	$122,109	$867,407	$-33,953
2018	$49,606	$103,953	$803,269	$-54,347

HEALTHYWAYS INC