Victory Health Partners 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

2000

Legal Domicile

Principal Officer

Dr Robert Lightfoot

Phone

2514600999

Tax Period

2024-01-01 to 2024-12-31

Victory Health Partners Inc, founded in 2000, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2024.

Mission

Victory Health Partners, Inc. is a faith-based non-profit medical practice committed to removing healthcare barriers for low-income, uninsured adults in the Gulf Coast.

Program Service Accomplishments

Program 1

Expenses: $1,408,925 Revenue: $275,191

Victory opened in January 2003 to provide quality healthcare to low-income, uninsured adults. The Organization served approximately 9,500 patients in 2024 and serves 44 counties in Alabama...

Victory opened in January 2003 to provide quality healthcare to low-income, uninsured adults. The Organization served approximately 9,500 patients in 2024 and serves 44 counties in Alabama, Mississippi and Florida. The Organization provides adult primary care, counseling, optometry, dental, pulmonary, neurology, smoking cessation, audiology, womens wellness, wound care, surgery clinic, sleep apnea and diabetes education. It also provides x-rays, EKGs, and lab work.

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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 $1,154,472

Program Service Revenue $275,191

Investment Income $6,465

Other Revenue $261,671

TOTAL REVENUE $1,697,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,222,599

Fundraising Expenses $230,825

Program Expenses $1,408,925

Other Expenses $553,572

TOTAL EXPENSES $1,776,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,697,799	$1,682,452	+0.0%
Expenses	$1,776,171	$1,632,199	+0.1%
Net Income	$-78,372	$50,253	-2.6%

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

N/A

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

$237,673

Total Directors

Key Employees

$174,248

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Robert Lightfoot	Executive DirectorMedical Director	40.00	Officer	$223,563	$14,110	$237,673
Dr Stacey Wing	Medical Provider	40.00	Key Emp	$165,883	$8,365	$174,248
Todd Greer	Director	1.00	Director	$0	$0	$0
Tami Lightfoot	Director	1.00	Director	$0	$0	$0
Keith Peevy	Director	1.00	Director	$0	$0	$0
Chase Alford	Director	1.00	Director	$0	$0	$0
Tom Bramlett	Director	1.00	Director	$0	$0	$0
Harwell Coale Jr	Director	1.00	Director	$0	$0	$0
Sullivan Daves	Director	1.00	Director	$0	$0	$0
Marion Quina	Director	1.00	Director	$0	$0	$0
Ben Ragsdale	Director	1.00	Director	$0	$0	$0
Richard Sullivan	Chair	1.00	Officer Director	$0	$0	$0
Chris Tracy	Vice Chair	1.00	Officer Director	$0	$0	$0
Karen Simmons	TreasurerSecretary	1.00	Officer 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	$1,697,799	$1,776,171	$1,023,682	$-78,372
2023	$1,682,452	$1,632,199	$1,133,942	$50,253
2022	$1,617,695	$1,629,006	$1,016,444	$-11,311
2021	$1,774,913	$1,277,253	$1,041,648	$497,660
2020	$1,675,195	$1,454,089	$871,044	$221,106
2019	$1,580,972	$1,459,513	$445,840	$121,459
2018	$1,428,568	$1,527,973	$252,703	$-99,405