INFIRMARY HEALTH SYSTEM INC INSURANCE

EIN: 636117376 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$63,523
Total Expenses
$2,034
Total Assets
$1,324,740
Net Assets
$1,324,740
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AL
Phone
2058203141
Tax Period
2024-04-01 to 2025-03-31

INFIRMARY HEALTH SYSTEM INC PROF & COMP, founded in 1981, is a micro nonprofit that reported $24K in total revenue in fiscal year 2018. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $947K exceeded revenue, resulting in a 3801% operating deficit.

Mission

TRUST OF INFIRMARY HEALTH SYSTEM, INC'S PURPOSE IS TO PROVIDE FUNDING FOR PROFESSIONAL AND COMPREHENSIVE GENERAL PATIENT LIABILITY CLAIMS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $63,523
Other Revenue $0
TOTAL REVENUE $63,523

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,034
Fundraising Expenses $0
Other Expenses $1,000
TOTAL EXPENSES $2,034

Year-over-Year Comparison

2024 2023 Change
Revenue $63,523 $62,951 +0.0%
Expenses $2,034 $1,983 +0.0%
Net Income $61,489 $60,968 +0.0%
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
1
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE N/A
$1,034 $0 $1,034
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 $63,523 $2,034 $1,324,740 $61,489
2024 $62,951 $1,983 $1,263,251 $60,968
2023 $30,002 $1,947 $1,202,283 $28,055
2022 $140 $1,943 $1,178,166 $-1,803
2021 $1,612 $1,945 $1,179,980 $-333
2020 $20,352 $1,937 $1,180,313 $18,415
2019 $24,284 $947,275 $1,161,431 $-922,991
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