Dayspring Health Inc (EIN 620984410) - 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

1976

Legal Domicile

Phone

4237848492

Tax Period

2024-02-01 to 2025-01-31

Dayspring Health Inc, founded in 1976, is a mid-sized nonprofit that reported $12.3M in total revenue in fiscal year 2024. Expenses of $13.5M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE RURAL APPALACHIAN COMMUNITIES ACCESS TO AFFORDABLE, QUALITY HEALTH CARE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $3,324,658

Program Service Revenue $7,272,889

Investment Income $57,143

Other Revenue $1,627,402

TOTAL REVENUE $12,282,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,267,916

Fundraising Expenses $0

Program Expenses $7,663,190

Other Expenses $5,273,246

TOTAL EXPENSES $13,541,162

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,282,092	$11,641,854	+0.1%
Expenses	$13,541,162	$11,106,038	+0.2%
Net Income	$-1,259,070	$535,816	-3.3%

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

Employees

125

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

$700,075

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anita Bowman	Chair	1.0	Officer Director	$0	$0	$0
Beverly White	Secretary - Term Ended	1.0	Officer Director	$0	$0	$0
Carrol Lunce	Vice Chair	1.0	Officer Director	$0	$0	$0
Linda Davis	Secretary	1.0	Officer Director	$0	$0	$0
Angie Weaver	Director	1.0	Director	$0	$0	$0
Erica Harris	Director	1.0	Director	$0	$0	$0
Jake Brock	Director	1.0	Director	$0	$0	$0
James Johnson	Director	1.0	Director	$0	$0	$0
Jane Broadwell	Director	1.0	Director	$0	$0	$0
Jane Whitaker	Director	1.0	Director	$0	$0	$0
Kathleen Croley	Director	1.0	Director	$0	$0	$0
Margaret Maiden	Director - Term ended	1.0	Director	$0	$0	$0
Walter Stephens	Director - term ended	1.0	Director	$0	$0	$0
Geogy Thomas	CMO	50.0	Officer	$342,686	$49,046	$391,732
Lawrence Rector	CEO/COO/CFO	50.0	Officer	$258,129	$50,214	$308,343
Anne Steptoe	Pediatrician	40.0	Highest	$211,444	$30,884	$242,328
Clayton Thomas	Certified Physician Assistant	40.0	Highest	$123,811	$27,538	$151,349
James Killian	Physician	40.0	Highest	$255,953	$51,492	$307,445
Keven Jeffers	Certified Physician Assistant	40.0	Highest	$118,225	$45,897	$164,122
Sarah McQueen	Certified Physician Assistant	40.0	Highest	$132,199	$46,456	$178,655

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
2025	$12,282,092	$13,541,162	$37,007,402	$-1,259,070
2024	$11,641,854	$11,106,038	$40,485,977	$535,816
2023	$12,939,067	$9,579,652	$11,086,021	$3,359,415
2022	$10,400,174	$8,823,336	$5,114,102	$1,576,838
2021	$9,246,044	$8,777,808	$3,545,017	$468,236
2020	$8,117,002	$8,728,989	$2,700,135	$-611,987
2019	$6,489,762	$6,750,654	$2,738,441	$-260,892

Dayspring Health Inc