PINEYWOODS MEDICAL DEVELOPMENT CORP (EIN 752493116) - 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

1993

Legal Domicile

Principal Officer

LESLIE LEACH

Phone

9366397161

Tax Period

2022-07-01 to 2023-06-30

PINEYWOODS MEDICAL DEVELOPMENT CORP, founded in 1993, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $3.2M exceeded revenue, resulting in a 90% operating deficit.

Mission

THE ORGANIZATION PROVIDES AND MAINTAINS PROPERTY FOR LEASE TO HEALTHCARE PROVIDERS IN THE EAST TEXAS AREA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,691,074

Investment Income $-216

Other Revenue $0

TOTAL REVENUE $1,690,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,209,145

Other Expenses $3,209,145

TOTAL EXPENSES $3,209,145

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,690,858	$1,809,764	-0.1%
Expenses	$3,209,145	$2,118,847	+0.5%
Net Income	$-1,518,287	$-309,083	+3.9%

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

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

$902,173

Total Directors

$2,462,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG LAWSON	PRES & CEO CHI ST. LUKE'S HEALTH SYS	1.00	Director	$0	$209,833	$2,462,273
MONTE BOSTWICK	MARKET CEO	1.00	Officer	$0	$51,249	$649,358
DAVID HEARNE	FORMER SECRETARY	1.00		$0	$41,636	$518,800
SHELLI BROOKS	MARKET CFO	1.00	Officer	$0	$41,906	$252,815
JULE FENLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DEMETRESS HARRELL	CHAIR	1.00	Officer Director	$0	$0	$0
MARLO BRAWNER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
CORKY EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
HUNT HUBER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
KURUVILLA CHERIPARAMBIL	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE AINSWORTH	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN RALEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PRASHANT KUMAR MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL SIMON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE HAYNES	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN HUDSON MD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGELA GOIN	BOARD MEMBER	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
2023	$1,690,858	$3,209,145	No data	$-1,518,287
2022	$1,809,764	$2,118,847	$21,657,397	$-309,083
2021	$1,774,261	$2,549,178	$22,700,202	$-774,917
2020	$1,477,938	$2,525,970	$23,872,272	$-1,048,032
2019	$1,194,319	$2,169,618	$15,612,465	$-975,299
2018	$516,607	$2,150,737	$15,503,224	$-1,634,130

PINEYWOODS MEDICAL DEVELOPMENT CORP