HEALTHCARETN (EIN 621709733) - 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

1997

Legal Domicile

Principal Officer

PHIL BELCHER

Phone

8652922121

Tax Period

2023-01-01 to 2023-12-31

HEALTHCARETN, founded in 1997, is a small nonprofit in the Medical Research sector that reported $773K in total revenue in fiscal year 2023. Revenue surged 86% from the prior year, signaling strong growth momentum.

Mission

HEALTHCARETN IS A NON-PROFIT, MEMBER DRIVEN ORGANIZATION COMMITTED TO IMPROVING THE QUALITY AND COST OF HEALTHCARE IN TENNESSEE AND THE SURROUNDING REGION. HEALTHCARETN BELIEVES ONLY COOPERATIVE RELATIONSHIPS BETWEEN EMPLOYERS, HEALTH PLANS, HOSPITALS AND PROVIDERS CAN PRODUCE POSITIVE AND PROGRESSIVE CHANGES IN THE HEALTHCARE OF OUR LOCAL COMMUNITY AND OUR SOCIETY.

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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 $337,496

Program Service Revenue $413,620

Investment Income $21,028

Other Revenue $750

TOTAL REVENUE $772,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $631,416

Fundraising Expenses $0

Program Expenses $692,147

Other Expenses $166,105

TOTAL EXPENSES $797,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$772,894	$415,678	+0.9%
Expenses	$797,521	$570,141	+0.4%
Net Income	$-24,627	$-154,463	-0.8%

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

$441,063

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GAYE FORTNER	CO-CEO	40.00	Officer	$162,078	$17,024	$179,102
PHIL BELCHER	CO-CEO	40.00	Officer	$124,656	$12,591	$137,247
CRISTIE TRAVIS	CO-CEO	40.00	Officer	$121,229	$3,485	$124,714
DAVID HINES	CHAIR	1.00	Officer Director	$0	$0	$0
JAY ARKLE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DIANA MORGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTINE STICKLER	DIRECTOR	1.00	Director	$0	$0	$0
KAREN SONES	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE LEE	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP RANSDELL	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	$772,894	$797,521	$1,650,420	$-24,627
2022	$415,678	$570,141	$1,363,419	$-154,463
2021	$550,608	$564,005	$1,495,482	$-13,397
2020	$508,448	$574,925	$1,485,006	$-66,477
2019	$444,815	$502,189	$1,540,741	$-57,374
2018	$497,586	$512,901	$1,480,208	$-15,315
2018	$704,508	$695,448	$1,480,208	$9,060

HEALTHCARETN