FRANKLIN PRIMARY HEALTH CENTERS INC

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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

1975

Legal Domicile

Principal Officer

CHARLES WHITE

Phone

2514348177

Tax Period

2024-01-01 to 2024-12-31

FRANKLIN PRIMARY HEALTH CENTERS INC, founded in 1975, is a mid-sized nonprofit in the Health Care sector that reported $42.0M in total revenue in fiscal year 2024.

Mission

PROVIDING PRIMARY HEALTH CARE, HIV SUBSTANCE ABUSE PREVENTION SERVICES TO THE UNINSURED UNDERINSURED IS INTEGRAL TO THE EXEMPT PURPOSE OF THE ORGANIZATION

Program Service Accomplishments

Program 1

Expenses: $31,523,979 Revenue: $41,483,204

HEALTH CARE SERVICES, HIV SERVICES SUBSTANCE ABUSE PREVENTION SERVICES TO THE UNINSURED AND UNDERINSURED. WE SERVE APPROXIMATELY 40,000 PATIENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,088,718

Program Service Revenue $25,394,486

Investment Income $524,601

Other Revenue $0

TOTAL REVENUE $42,007,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,225,449

Fundraising Expenses $22,878

Program Expenses $31,523,979

Other Expenses $18,234,598

TOTAL EXPENSES $41,460,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,007,805	$43,379,558	0.0%
Expenses	$41,460,047	$37,944,698	+0.1%
Net Income	$547,758	$5,434,860	-0.9%

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

287

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

$1,504,374

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRINCE UZOIJE	MEDICAL DIRECTOR	040.00	Key Emp Highest	$464,605	$0	$464,605
CHARLES WHITE	CEO	040.00	Key Emp Highest	$447,513	$0	$447,513
NAUSHEEN FARUQI	CHIEF HOSPITALIST	040.00	Highest	$303,681	$0	$303,681
SOHAIL AMAN	HOSPITALIST	040.00	Highest	$297,834	$0	$297,834
AMRITA YEARWOOD	PHYSICIAN IM	040.00	Highest	$291,456	$0	$291,456
TORRENCE NICHOLSON	PHYSICIAN FM	040.00	Highest	$275,749	$0	$275,749
LOUIS GUINN	PHYSICAN FM	040.00	Highest	$274,415	$0	$274,415
AGATHA ASURU	PHYSICIAN IM	040.00	Highest	$274,055	$0	$274,055
ALICIA EVANS	PHYSICAN FM	040.00	Highest	$263,915	$0	$263,915
STEPHENS MINIAT	PHYSICAN FM	040.00	Highest	$248,165	$0	$248,165
JAMES LAWRENCE	PHYSICIAN RHEUMATOLOGY	040.00	Highest	$246,261	$0	$246,261
LISA ROBERTSON	PHYSICIAN FM	040.00	Highest	$234,723	$0	$234,723
RYAN AVERY	PHYSICAN PED	040.00	Highest	$225,894	$0	$225,894
JUDY MITCHELL	COO	040.00	Key Emp Highest	$221,898	$0	$221,898
VAL STAPLES	OHYSICIAN FM	040.00	Highest	$220,841	$0	$220,841
MARY LEE	CHIEF DENTAL OFFICER	040.00	Key Emp Highest	$209,778	$0	$209,778
SEEMA BADVE	PHYSICIAN IM, PRN	040.00	Highest	$209,335	$0	$209,335
WILFRED BROWN	PHARMACY OFFICER	040.00	Highest	$207,282	$0	$207,282
TETYANA FALKENBERRY	PHYSICIAN FM	040.00	Highest	$207,172	$0	$207,172
CHARLES CASARONA	PHYSICIAN PED	040.00	Highest	$200,770	$0	$200,770
LOUIS BEREC	PHYSICIAN FM PT REG	040.00	Highest	$173,178	$0	$173,178
BEVERLY KENNERSON	DENTIST	040.00	Highest	$172,741	$0	$172,741
VALERIE TROTTER	DENTIST	040.00	Highest	$170,560	$0	$170,560
CARY SILCOX	DENTIST	040.00	Highest	$169,530	$0	$169,530
JILLIAN MCKELROY	DENTIST	040.00	Highest	$165,468	$0	$165,468
WENDY YOUNG	CFO	040.00	Key Emp Highest	$160,580	$0	$160,580
PAMELA BARBER	PHYSICIAN IM	040.00	Highest	$141,974	$0	$141,974
ALVIN DAILEY	MEMBER	002.00	Director	$0	$0	$0
ALLISON KAHALLEY	CHAIR	002.00	Officer Director	$0	$0	$0
BEN HARRIS	MEMBER	002.00	Officer Director	$0	$0	$0
MYRTIS JONES	MEMBER	002.00	Director	$0	$0	$0
APRIL TIMS	MEMBER	002.00	Director	$0	$0	$0
TYRONE FENDERSON	SECERTARY	002.00	Officer Director	$0	$0	$0
LULA IFILL	MEMBER	002.00	Director	$0	$0	$0
CHRIS MCGADNEY	MEMBER	002.00	Director	$0	$0	$0
N/A	TREASURER	002.00	Officer Director	$0	$0	$0
ALMEDA ROBINSON	MEMBER-AT-LARGE	002.00	Director	$0	$0	$0
STAN CHAVIS	VICE CHAIR	002.00	Director	$0	$0	$0
SIDNEY RAINE	MEMBER	002.00	Director	$0	$0	$0
STEPHANIE CHRISTENSEN	NURSE PRACTITIONER	040.00	Highest	$0	$0	$0
KELLI GILLMAN	NURSE PRACTITIONER	040.00	Highest	$0	$0	$0
DARAH NOEL WRIGHT	PHYSICIAN	040.00	Highest	$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	$42,007,805	$41,460,047	$28,422,486	$547,758
2023	$43,379,558	$37,944,698	$28,639,115	$5,434,860
2022	$36,167,280	$32,901,320	$23,558,293	$3,265,960
2021	$36,174,444	$29,868,801	$19,677,937	$6,305,643
2020	$29,887,199	$26,588,506	$18,202,114	$3,298,693
2019	$27,654,114	$29,249,509	$14,753,607	$-1,595,395
2018	$26,259,447	$27,839,592	$13,759,746	$-1,580,145