MUNROE REGIONAL HEALTH SYSTEM INC (EIN 592390209) - 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

1983

Legal Domicile

Principal Officer

CURT BROMUND

Phone

3526223662

Tax Period

2020-10-01 to 2021-09-30

MUNROE REGIONAL HEALTH SYSTEM INC, founded in 1983, is a small nonprofit that reported $186K in total revenue in fiscal year 2020. Revenue surged 227% from the prior year, signaling strong growth momentum. Expenses of $806K exceeded revenue, resulting in a 334% operating deficit.

Mission

WE MUST PRESERVE THE PUBLIC HEALTH FOR THE PUBLIC GOOD OF ALL MARION COUNTY 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 (2020)

Revenue Breakdown

Contributions & Grants $61,639

Program Service Revenue $0

Investment Income $124,265

Other Revenue $0

TOTAL REVENUE $185,904

Expense Breakdown

Grants Paid $36,909

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $805,957

Other Expenses $769,048

TOTAL EXPENSES $805,957

Year-over-Year Comparison

	2020	2019	Change
Revenue	$185,904	$56,779	+2.3%
Expenses	$805,957	$9,265,958	-0.9%
Net Income	$-620,053	$-9,209,179	-0.9%

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

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
RICHARD BIANCULLI	CHAIRMAN	1.15	Director	$0	$0	$0
DAVID COPE	DIRECTOR	1.15	Director	$0	$0	$0
KEN MARINO DPM	DIRECTOR	1.15	Director	$0	$0	$0
SAMUEL M MCCONNELL III	VICE CHAIRMA	1.15	Director	$0	$0	$0
H RANDOLPH KLEIN	DIRECTOR	1.15	Director	$0	$0	$0
TERESA STEPHENS	DIRECTOR	1.15	Director	$0	$0	$0
RAM VASUDEVAN	SECRETARY/TR	1.15	Officer Director	$0	$0	$0
CURT BROMUND	CEO	40.00	Officer	$0	$0	$0
DEBRA L WISE VELEZ	COO	40.00	Officer	$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
2021	$185,904	$805,957	No data	$-620,053
2020	$56,779	$9,265,958	$2,994,216	$-9,209,179
2019	$534,943	$4,427,214	$2,289,636	$-3,892,271
2018	$3,424,630	$5,282,960	$13,224,106	$-1,858,330

MUNROE REGIONAL HEALTH SYSTEM INC