FAITH FAMILY MEDICAL CENTER INC

EIN: 621816811 501(c)(3) Health Care

NASHVILLE, TN

Total Revenue
$7,557,444
Total Expenses
$7,368,123
Total Assets
$23,826,137
Net Assets
$11,464,010
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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
1999
Legal Domicile
TN
Principal Officer
PHILLIP W ELLENBURG JD
Phone
6153410808
Tax Period
2024-01-01 to 2024-12-31

FAITH FAMILY MEDICAL CENTER INC, founded in 1999, is a community nonprofit in the Health Care sector that reported $7.6M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

DRIVEN BY FAITH, WE PROVIDE HOPE AND HEALING TO OUR HARDWORKING NEIGHBORS IN NEED.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,814,370
Program Service Revenue $420,741
Investment Income $239,265
Other Revenue $83,068
TOTAL REVENUE $7,557,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,037,145
Fundraising Expenses $333,112
Program Expenses $6,353,799
Other Expenses $4,330,978
TOTAL EXPENSES $7,368,123

Year-over-Year Comparison

2024 2023 Change
Revenue $7,557,444 $5,778,344 +0.3%
Expenses $7,368,123 $6,869,313 +0.1%
Net Income $189,321 $-1,090,969 -1.2%
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

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Governance

Voting Members
24
Independent Members
24
Employees
42
Volunteers
52

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
9
$848,803
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PARKER PANOVEC MD EXECUTIVE DI 40.00
Officer
$269,046 $24,711 $293,757
PHILLIP W ELLENBURG JD PRESIDENT AN 40.00
Officer
$165,268 $18,483 $183,751
BRYAN JONES CFO 40.00
Officer
$123,900 $18,643 $142,543
SHERRY MAST CHIEF OPERAT 40.00
Officer
$130,263 $6,132 $136,395
JEFF PARSLEY EXECUTIVE DI 40.00
Officer
$82,156 $10,201 $92,357
REGGIE RAMSEY BOARD CHAIR 0.50
Officer Director
$0 $0 $0
ANNE HANCOCK TOOMEY BOARD VICE C 0.50
Officer Director
$0 $0 $0
PHIL ROE BOARD IMMEDI 0.50
Officer Director
$0 $0 $0
ANNA GRIZZLE JD BOARD SECRET 0.50
Officer Director
$0 $0 $0
GERRY ANDRADY BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHANIE WALL BOWMAN BOARD MEMBER 0.50
Director
$0 $0 $0
DUNCAN DASHIFF BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID GAW MD BOARD MEMBER 0.50
Director
$0 $0 $0
DON GRIFFIN MD BOARD MEMBER 0.50
Director
$0 $0 $0
FRANK HAMMER BOARD MEMBER 0.50
Director
$0 $0 $0
TOM HENDERSON MD BOARD MEMBER 0.50
Director
$0 $0 $0
BRITTANY IRBY BOARD MEMBER 0.50
Director
$0 $0 $0
ELLIOT KYLE BOARD MEMBER 0.50
Director
$0 $0 $0
CHARLES N MARTIN JR BOARD MEMBER 0.50
Director
$0 $0 $0
WATECHIA LAWLESS MITCHELL EDD BOARD MEMBER 0.50
Director
$0 $0 $0
ERIC MOSS BOARD MEMBER 0.50
Director
$0 $0 $0
JAMESON NORTON BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF PATE BOARD MEMBER 0.50
Director
$0 $0 $0
JULIO A RIVAS PHD BOARD MEMBER 0.50
Director
$0 $0 $0
ZACK SAMPLES BOARD MEMBER 0.50
Director
$0 $0 $0
TIMOTHY VAN HAL BOARD MEMBER 0.50
Director
$0 $0 $0
KELLY BIRDWELL AUSTIN BOARD MEMBER 0.50
Director
$0 $0 $0
CHRIS BISHOP BOARD MEMBER 0.50
Director
$0 $0 $0
MANUEL CALDERON BOARD MEMBER 0.50
Director
$0 $0 $0
RALPH HILDABRAND BOARD MEMBER 0.50
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
2025 No data No data No data No data
2024 $7,557,444 $7,368,123 $23,826,137 $189,321
2023 $5,778,344 $6,869,313 $23,456,561 $-1,090,969
2022 $5,471,555 $5,753,038 $24,419,106 $-281,483
2021 $4,847,982 $3,022,685 $13,064,669 $1,825,297
2020 $3,537,397 $2,730,051 $11,514,062 $807,346
2019 $4,007,205 $2,280,328 $11,962,610 $1,726,877
2018 $5,032,435 $2,071,692 $8,039,339 $2,960,743
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