LINCOLN HEALTH SYSTEM INC (EIN 721335148) - 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

1996

Legal Domicile

Principal Officer

NORMAN HANES

Phone

3182513226

Tax Period

2024-10-01 to 2025-09-30

LINCOLN HEALTH SYSTEM INC, founded in 1996, is a micro nonprofit in the Health Care sector that reported $57K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $57K, a strong 100% operating margin.

Mission

LINCOLN HEALTH SYSTEMS, INC. SOLD ITS ASSETS ON APRIL 1, 2007, AND IS IN THE WINDING-DOWN PROCESS. IT PREVIOUSLY OPERATED AS A NOT-FOR PROFIT HOSPITAL PROVIDING MEDICAL AND LABORATORY SERVICES TO INPATIENTS AND OUTPATIENTS.

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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 $0

Program Service Revenue $0

Investment Income $1,574

Other Revenue $55,077

TOTAL REVENUE $56,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $15

TOTAL EXPENSES $15

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,651	$50,673	+0.1%
Expenses	$15	$15	N/A
Net Income	$56,636	$50,658	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAWN DIETRICH BONNACAZE	CORPORATE COUNSEL	1.00	Officer	$0	$0	$0
KELLY ELROD	VP OF LEGAL AFFAIRS	1.00	Officer	$0	$0	$0
WILBERT ELLIS	SECRETARY	1.00	Officer	$0	$0	$0
MARK TAYLOR	CHAIRMAN	1.00	Officer	$0	$0	$0
NORMAN HANES	ADMINISTRATOR	1.00	Officer	$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
2025	$56,651	$15	$342,588	$56,636
2024	$50,673	$15	$285,952	$50,658
2023	$64,814	$610	$235,294	$64,204
2022	$76,727	$766	$866,560	$75,961
2021	$94,010	$721,228	$790,599	$-627,218
2020	$65,957	$53,847	$1,417,725	$12,110
2019	$60,353	$89,194	$1,405,615	$-28,841
2018	$63,825	$18,722	$1,434,456	$45,103
2017	$67,844	$11,139	$1,389,353	$56,705

LINCOLN HEALTH SYSTEM INC