GLOBAL HEALTHCARE SYSTEMS INC (EIN 651186370) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Phone

4102960180

Tax Period

2024-01-01 to 2024-12-31

GLOBAL HEALTHCARE SYSTEMS INC, founded in 2003, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

CARING FOR TROUBLED CHILDREN, PARALYZED AND HOMEBOUND CLIENTS ANDPROVIDING PRIMARY CARE, MENTAL HEALTH AND PSYCHIATRIC SERIVES AND SUBSTANCE ABUSE TREATMENT PROGRAMS INCLUDING SUBOXONE MEDICATION MGMT TO PATIENTS IN BALTI. CITY, BALTI. AND HARFORD CO.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,713,786

Investment Income $0

Other Revenue $809

TOTAL REVENUE $1,714,595

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,010,341

Fundraising Expenses $0

Program Expenses $1,946,692

Other Expenses $936,351

TOTAL EXPENSES $1,946,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,714,595	$2,465,332	-0.3%
Expenses	$1,946,692	$2,365,284	-0.2%
Net Income	$-232,097	$100,048	-3.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOSIN SANNI	DIRECTOR	0.00	Director	$0	$0	$0
KAYODE ADEDIJI	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL FOWOWE	PROGRAM DIRECTOR	40.00	Director	$0	$0	$0
PAMELA NWAORGU	DIRECTOR	0.00	Director	$0	$0	$0
DELE OLAYINKA	DIRECTOR	0.00	Director	$0	$0	$0
TEMITAYO OLANIYI	DIRECTOR	0.00	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	$1,714,595	$1,946,692	$1,850,473	$-232,097
2023	$2,465,332	$2,365,284	$1,656,507	$100,048
2022	$2,459,752	$1,909,865	$1,272,650	$549,887
2021	$2,238,460	$1,743,725	$722,763	$494,735
2020	$1,232,448	$1,016,448	$243,627	$216,000
2019	$252,670	$190,515	$27,626	$62,155
2018	$84,025	$78,541	$5,548	$5,484

GLOBAL HEALTHCARE SYSTEMS INC