Friends in Need Health Center Inc (EIN 621541637) - 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

1994

Legal Domicile

Principal Officer

Sheila Absher

Phone

4232460010

Tax Period

2023-01-01 to 2023-12-31

Friends in Need Health Center Inc, founded in 1994, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 7% surplus.

Mission

To provide professional medical and dental healthcare to the uninsured and under-insured of Northeast Tennessee and Southwest VA

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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 $1,516,470

Program Service Revenue $172,936

Investment Income $43

Other Revenue $102,002

TOTAL REVENUE $1,791,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $820,235

Fundraising Expenses $1,881

Program Expenses $895,934

Other Expenses $843,593

TOTAL EXPENSES $1,663,828

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,791,451	$1,306,399	+0.4%
Expenses	$1,663,828	$1,622,439	+0.0%
Net Income	$127,623	$-316,040	-1.4%

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

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

$52,850

Total Directors

$52,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anita Hensley	Executive Director	040.00	Officer Director	$34,710	$0	$34,710
Betsy Cooper	Executive Director	040.00	Officer Director Highest	$18,140	$0	$18,140
Harry Turner	President	001.00	Officer Director	$0	$0	$0
Robin Wilkerson	Treasurer	001.00	Officer Director	$0	$0	$0
Justine Hill	Secretary	001.00	Officer Director	$0	$0	$0
Isaac Allman	Director	001.00	Director	$0	$0	$0
Wilkerson Robin	Director	001.00	Director	$0	$0	$0
Rick Bateman	Director	001.00	Director	$0	$0	$0
Rebecca Beck	Director	001.00	Director	$0	$0	$0
Connie Marshall	Vice President	001.00	Director	$0	$0	$0
Wesley Eastridge	Director	001.00	Director	$0	$0	$0
Steve Kilgore	Director	001.00	Director	$0	$0	$0
Linda Parker	Director	001.00	Director	$0	$0	$0
John Perdue	Director	001.00	Director	$0	$0	$0
Lauren Py	Director	001.00	Director	$0	$0	$0
Charley Sorrells	Director	001.00	Director	$0	$0	$0
Matthew Spivey	Director	001.00	Director	$0	$0	$0
Robert Funke	Director	001.00	Director	$0	$0	$0
Jason Cade	Director	001.00	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	$1,791,451	$1,663,828	$489,036	$127,623
2022	$1,306,399	$1,622,439	$440,760	$-316,040
2021	$1,146,336	$1,568,056	$486,988	$-421,720
2020	$1,458,044	$1,230,631	$868,603	$227,413
2019	$872,536	$823,377	$578,867	$49,159
2019	$822,859	$823,650	$613,153	$-791
2018	$721,250	$841,639	$516,511	$-120,389

Friends in Need Health Center Inc