HEALTH FIRST INC EMPLOYEE BENEFIT TRUST (EIN 592603700) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

ARTHUR C SPRINGER II

Phone

3214345150

Tax Period

2023-01-01 to 2023-12-31

HEALTH FIRST INC EMPLOYEE BENEFIT TRUST, founded in 1998, is a mid-sized nonprofit that reported $92.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $86.8M left a modest 6% surplus.

Mission

EMPLOYEE HEALTH, DENTAL, AND OTHER BENEFITS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $92,015,934

Investment Income $0

Other Revenue $0

TOTAL REVENUE $92,015,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,842,496

Other Expenses $86,842,496

TOTAL EXPENSES $86,842,496

Year-over-Year Comparison

	2023	2022	Change
Revenue	$92,015,934	$81,892,543	+0.1%
Expenses	$86,842,496	$79,374,972	+0.1%
Net Income	$5,173,438	$2,517,571	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
PAULA B JUST	TRUSTEE	1.00	Director	$0	$0	$0
BRETT A ESROCK	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN P JOHNSON END 22023	TRUSTEE	1.00	Director	$0	$0	$0
DREW A RECTOR END 42023	TRUSTEE	1.00	Director	$0	$0	$0
JEFFREY C STALNAKER MD	TRUSTEE	1.00	Director	$0	$0	$0
NICHOLAS W ROMANELLO ESQ	TRUSTEE	1.00	Director	$0	$0	$0
TAYLOR K SMITH BEG 22023	TRUSTEE	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	$92,015,934	$86,842,496	$14,293,888	$5,173,438
2022	$81,892,543	$79,374,972	$9,463,722	$2,517,571
2021	$76,084,325	$76,207,978	$6,596,881	$-123,653
2020	$82,018,680	$79,723,593	$7,066,959	$2,295,087
2019	$79,218,384	$79,204,141	$4,487,647	$14,243

HEALTH FIRST INC EMPLOYEE BENEFIT TRUST