Baptist Physician Network

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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

1994

Legal Domicile

Phone

4092125960

Tax Period

2024-07-01 to 2025-06-30

Baptist Physician Network, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $25.2M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $47.3M exceeded revenue, resulting in a 88% operating deficit.

Mission

BAPTIST PHYSICIAN NETWORK PROVIDES MEDICAL CARE TO THE COMMUNITIES OF BEAUMONT AND ORANGE, TEXAS AND THE SURROUNDING AREA BY RECRUITING, ENGAGING AND OVERSEEING PRIMARY CARE AND SPECIALIST PHYSICIANS, AS WELL AS OTHER HEALTHCARE PRACTITIONERS, WHO PROVIDE MEDICAL AND HEALTHCARE SERVICES TO THOSE IN NEED OF SUCH SERVICES, WITHOUT REGARD TO THE ABILITY TO PAY, CONSISTENT WITH THE PHILOSOPHY OF BAPTIST HOSPITALS OF SOUTHEAST TEXAS, A NON PROFIT, TAX EXEMPT ORGANIZATION, WHICH IS THE SOLE CORPORATE MEMBER OF BAPTIST PHYSICIAN NETWORK.

Program Service Accomplishments

Program 1

Expenses: $44,287,470 Revenue: $25,170,382

BAPTIST PHYSICIAN NETWORK PROVIDES MEDICAL CARE TO THE COMMUNITIES OF BEAUMONT AND ORANGE, TEXAS AND THE SURROUNDING AREA BY RECRUITING, ENGAGING AND OVERSEEING PRIMARY CARE AND SPECIALIST...

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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 $25,170,382

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,170,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,737,933

Fundraising Expenses $0

Program Expenses $44,287,470

Other Expenses $25,593,970

TOTAL EXPENSES $47,331,903

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,170,382	$16,729,827	+0.5%
Expenses	$47,331,903	$33,130,977	+0.4%
Net Income	$-22,161,521	$-16,401,150	+0.4%

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

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

$2,508,634

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SNEHAL DOSHI	DIRECTOR/BOARD MEMBER	1.0	Director	$0	$0	$0
NATHANIEL J ALFORD JR MD	DIRECTOR/BOARD MEMBER	1.0	Director	$0	$0	$0
SAKUNTALAI SRINANTHAKUMAR	DIRECTOR/CHAIRMAN OF BOARD	1.0	Director	$0	$0	$0
BRYAN CHANDLER	VICE PRESIDENT	3.0	Officer	$0	$59,596	$441,378
GARY TROUTMAN	TREASURER/CFO	1.0	Officer	$0	$66,363	$524,825
JUSTIN DOSS	PRESIDENT/CEO	1.0	Officer	$0	$66,371	$1,008,026
LINDA MOORE	ASSISTANT SECRETARY	0.1	Officer	$0	$52,098	$534,405
JEFFREY SPAW MD	Physician	40.0	Highest	$1,172,588	$51,025	$1,223,613
MOHAMED VADVA MD	Physician	40.0	Highest	$549,085	$38,811	$587,896
Mohammad Alghrouz	Physician	40.0	Highest	$873,333	$53,026	$926,359
Nwakile Chinualumogu MD	Physician	40.0	Highest	$753,929	$56,959	$810,888
Preston Kerr MD	Physician	40.0	Highest	$1,109,370	$51,865	$1,161,235

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	$25,170,382	$47,331,903	$6,402,778	$-22,161,521
2024	$16,729,827	$33,130,977	$3,870,374	$-16,401,150
2023	$11,257,128	$22,276,485	$1,817,859	$-11,019,357
2022	$9,190,721	$17,450,158	$1,090,700	$-8,259,437
2021	$7,284,873	$14,830,677	$1,146,914	$-7,545,804
2020	$7,421,324	$12,481,842	$827,415	$-5,060,518
2019	$6,523,224	$11,517,908	$697,226	$-4,994,684
2018	$4,605,503	$8,986,828	$844,583	$-4,381,325