REGENCE HEALTH NETWORK INC (EIN 751414940) - 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

1973

Legal Domicile

Principal Officer

RICK LOVE

Phone

8062938561

Tax Period

2024-01-01 to 2024-12-31

REGENCE HEALTH NETWORK INC, founded in 1973, is a mid-sized nonprofit in the Health Care sector that reported $26.7M in total revenue in fiscal year 2024.

Mission

TO BE A TRANSFORMATIONAL LEADER IN THE DELIVERY OF INTEGRATED, INNOVATIVE, AND COST EFFECTIVE HEALTH SERVICES; WE REALIZE THIS BY HOLDING OURSELVES ACCOUNTABLE TO THE HIGHEST STANDARDS IN PATIENT SERVICE, SAFETY, AND QUALITY.

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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 $10,859,864

Program Service Revenue $14,908,155

Investment Income $851,965

Other Revenue $47,448

TOTAL REVENUE $26,667,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,909,496

Fundraising Expenses $0

Program Expenses $26,655,951

Other Expenses $9,746,455

TOTAL EXPENSES $26,655,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,667,432	$26,548,669	+0.0%
Expenses	$26,655,951	$24,733,865	+0.1%
Net Income	$11,481	$1,814,804	-1.0%

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

Governance

Voting Members

Independent Members

Employees

241

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

$1,018,927

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK LOVE	CEO	40.00	Officer	$274,555	$22,704	$297,259
DEREK MARTIN	CFO	40.00	Officer	$222,555	$20,038	$242,593
MICHAEL HEMPHILL	COO	40.00	Officer	$222,555	$16,998	$239,553
JAMES DRISKILL	CCO	40.00	Officer	$222,555	$16,967	$239,522
SEAN WEHRLY	President	1.00	Officer Director	$0	$0	$0
VERLENE DICKSON	Vice President	1.00	Officer Director	$0	$0	$0
MARGARET BELL	Treasurer	1.00	Officer Director	$0	$0	$0
JOE ALONZO	Secretary	1.00	Officer Director	$0	$0	$0
SYLVIA CHAVEZ	Director	1.00	Director	$0	$0	$0
PERRY COLLINS	Director	1.00	Director	$0	$0	$0
NANCY KERNELL	Director	1.00	Director	$0	$0	$0
ROBERT MARTINEZ	Director	1.00	Director	$0	$0	$0
GARY SWANN	Director	1.00	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	$26,667,432	$26,655,951	$33,512,140	$11,481
2023	$26,548,669	$24,733,865	$33,571,532	$1,814,804
2022	$22,989,982	$23,012,149	$31,969,367	$-22,167
2021	$29,493,115	$20,462,976	$31,915,041	$9,030,139
2020	$23,218,889	$19,651,741	$23,818,236	$3,567,148
2019	$21,171,975	$18,587,364	$20,704,706	$2,584,611
2018	$19,687,725	$17,518,974	$19,789,064	$2,168,751

REGENCE HEALTH NETWORK INC