OCHSNER CLINIC FOUNDATION (EIN 720502505) - Form 990 Financial Analysis & Trantor Score

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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

1944

Legal Domicile

Principal Officer

PETER C NOVEMBER

Phone

5048424097

Tax Period

2024-01-01 to 2024-12-31

OCHSNER CLINIC FOUNDATION, founded in 1944, is a large national nonprofit in the Health Care sector that reported $6.0B in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $5.7B left a modest 5% surplus.

Mission

PATIENT CARE, GRADUATE MEDICAL EDUCATION, & MEDICAL RESEARCH

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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 $72,017,253

Program Service Revenue $5,280,325,816

Investment Income $57,560,722

Other Revenue $628,981,596

TOTAL REVENUE $6,038,885,387

Expense Breakdown

Grants Paid $8,271,730

Salaries & Benefits $2,921,188,287

Fundraising Expenses $5,846,323

Program Expenses $4,601,537,247

Other Expenses $2,784,344,534

TOTAL EXPENSES $5,713,804,551

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,038,885,387	$5,368,249,222	+0.1%
Expenses	$5,713,804,551	$5,008,368,403	+0.1%
Net Income	$325,080,836	$359,880,819	-0.1%

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

43018

Volunteers

618

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

$20,327,850

Total Directors

$15,634,822

Key Employees

$12,829,067

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUSTIN AUGUSTINE	COMMUNITY DIRECTOR (BEG: 5/24)	5.00	Director	$36,446	$0	$36,446
KAREN B BLESSEY MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$402,439	$6,973	$409,412
CUONG Q BUI MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$2,129,951	$38,723	$2,168,674
TIFFANY L DAVIS MD	BOARD MEMBER/SR PHYS (BEG: 4/24)	50.00	Director	$372,561	$17,355	$389,916
BEN DOGA MD	COMMUNITY DIRECTOR	5.00	Director	$68,946	$0	$68,946
JOHN A EVANS	COMMUNITY DIRECTOR	5.00	Director	$50,091	$0	$50,091
SUSAN H GUNN MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$456,841	$36,746	$493,587
WILLIAM H HINES	COMMUNITY DIRECTOR	5.00	Director	$75,840	$0	$75,840
SUMA D JAIN MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$545,534	$8,557	$554,091
ALISHA M LACOUR MD	BOARD MEMBER/RMD	50.00	Director	$627,695	$7,135	$634,830
DENNIS LAUSCHA	COMMUNITY DIRECTOR	5.00	Director	$10,617	$0	$10,617
R PARKER LECORGNE	COMMUNITY DIRECTOR	5.00	Director	$70,451	$0	$70,451
JAMES E MAURIN	COMMUNITY DIRECTOR (END: 5/24)	5.00	Director	$17,148	$0	$17,148
SUZANNE T MESTAYER	PAST CHAIR/COMMUNITY DIRECTOR	5.00	Director	$81,075	$0	$81,075
BRIAN A MOORE MD	BOARD MEMBER/RMD	50.00	Director	$928,072	$38,073	$966,145
PETER C NOVEMBER	CEO/BOARD MEMBER	42.00	Officer Director	$6,112,385	$899,128	$7,011,513
JEFFERSON G PARKER	COMMUNITY DIRECTOR	5.00	Director	$22,682	$0	$22,682
ROBERT J PATRICK	COMMUNITY DIRECTOR	5.00	Director	$18,930	$0	$18,930
JARED QUOYESER	COMMUNITY DIRECTOR	5.00	Director	$66,668	$0	$66,668
TIMOTHY L RIDDELL MD	BRD MBR/CEO-NS & MS GC (END: 4/24)	50.00	Director	$994,131	$86,285	$1,080,416
VICTORIA A SMITH MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$428,720	$21,695	$450,415
WILLIAM D SUMRALL III MD	BOARD MEMBER/SENIOR PHYSICIAN	50.00	Director	$826,497	$36,313	$862,810
JOSE S SUQUET	COMMUNITY DIRECTOR	5.00	Director	$6,756	$0	$6,756
H DAVID WILSON	COMMUNITY DIRECTOR	5.00	Director	$64,643	$0	$64,643
ANDREW B WISDOM	COMMUNITY DIRECTOR, BOARD CHAIR	5.00	Officer Director	$22,720	$0	$22,720
ROBERT I HART MD	CHIEF PHYS EXEC & PRES, OCH CLINIC	48.00	Officer	$4,182,299	$229,267	$4,411,566
MICHAEL F HULEFELD	PRESIDENT & CHIEF OPERATING OFFICER	44.00	Officer	$3,695,089	$510,933	$4,206,022
JAMES MOLLOY	EVP-CFO AND TREASURER	44.00	Officer	$2,583,583	$712,539	$3,296,122
SHELLEY S TYNAN	SYS VP-LEGAL & GEN COUNSEL, SEC	44.00	Officer	$1,219,217	$160,690	$1,379,907
MATTHEW BLOCK	EVP-CHIEF ADMINISTRATIVE OFFICER	48.00	Key Emp	$856,278	$28,426	$884,704
CHARLES D DAIGLE	CEO-BATON ROUGE & LAKE CHARLES	50.00	Key Emp	$1,109,060	$124,680	$1,233,740
BRADLEY R GOODSON	CEO-OMC (END: 9/24)	50.00	Key Emp	$849,965	$27,739	$877,704
ABDUL M KHAN MD	REG MED DIR, KEN/WB (BEG: 6/24)	50.00	Key Emp	$562,696	$35,053	$597,749
DAWN M PUENTE MD	RMD, BAP/KEN/WB (END: 5/24)	50.00	Key Emp	$474,894	$13,785	$488,679
ALDO J RUSSO MD	REG MED DIR, BR REG (END: 12/24)	50.00	Key Emp	$837,082	$39,717	$876,799
TRACEY T SCHIRO	EVP-CHIEF PEOPLE & CULTURE OFFICER	50.00	Key Emp	$3,385,647	$407,792	$3,793,439
LEONARDO B SEOANE MD	EVP-CHIEF ACADEMIC OFFICER	50.00	Key Emp	$1,707,724	$169,919	$1,877,643
BETH E WALKER	CEO-OMC (BEG: 9/24)	50.00	Key Emp	$733,963	$63,639	$797,602
ROBERT WOLTERMAN	CEO-SS REGION & CLINICAL JVS	50.00	Key Emp	$1,280,561	$120,447	$1,401,008
MOHAMAD A ALLAM MD	PHYSICIAN	50.00	Highest	$3,197,542	$36,440	$3,233,982
DENISE S BASOW	EVP-CHIEF DIGITAL HEALTH OFFICER	50.00	Highest	$1,838,091	$17,280	$1,855,371
GEORGE E LOSS JR MD PHD	SYS VP-CHIEF CLNC TRANSF & STRAT OFF	50.00	Highest	$1,821,402	$488,953	$2,310,355
PATRICK E PARRINO MD	SR PHYSICIAN-VICE CHAIR	50.00	Highest	$1,857,249	$35,573	$1,892,822
BENJAMIN B PEELER MD	SR PHYSICIAN-SECTION HEAD	50.00	Highest	$6,742,839	$17,173	$6,760,012
SCOTT J POSECAI	EXECUTIVE CONSULTANT	50.00		$1,191,838	$32,342	$1,224,180
J ERIC MCMILLEN	FORMER KEY EMPLOYEE	50.00		$622,934	$6	$622,940

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	$6,038,885,387	$5,713,804,551	$6,628,093,772	$325,080,836
2023	$5,368,249,222	$5,008,368,403	$6,305,971,167	$359,880,819
2022	$5,075,999,430	$5,042,071,077	$6,051,337,659	$33,928,353
2021	$4,902,026,766	$4,658,470,804	$5,690,182,815	$243,555,962
2020	$4,213,475,352	$3,997,373,045	$5,239,386,939	$216,102,307
2019	$3,746,277,344	$3,585,232,327	$3,490,558,630	$161,045,017
2018	$3,393,701,724	$3,240,904,463	$2,930,887,555	$152,797,261
2017	$3,006,828,810	$2,878,075,267	$2,651,229,587	$128,753,543

OCHSNER CLINIC FOUNDATION