LOGAN HEALTH - CUT BANK (EIN 810530457) - 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

2001

Legal Domicile

Principal Officer

BRIGID BURKE

Phone

4067515759

Tax Period

2023-04-01 to 2023-12-31

LOGAN HEALTH - CUT BANK, founded in 2001, is a community nonprofit in the Health Care sector that reported $9.4M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

LOGAN HEALTH - CUT BANK PROVIDES QUALITY HEALTHCARE THAT SERVES OUR COMMUNITIES IN A PRIVATE, SAFE, AND CARING ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $385,288

Program Service Revenue $9,021,592

Investment Income $6,802

Other Revenue $6,746

TOTAL REVENUE $9,420,428

Expense Breakdown

Grants Paid $500

Salaries & Benefits $5,186,224

Fundraising Expenses $0

Program Expenses $8,259,166

Other Expenses $4,097,544

TOTAL EXPENSES $9,284,268

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,420,428	$12,776,576	-0.3%
Expenses	$9,284,268	$11,794,029	-0.2%
Net Income	$136,160	$982,547	-0.9%

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

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

$3,180,636

Total Directors

$435,277

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG LAMBRECHT MD	SYSTEM CEO	1.00	Officer	$0	$37,517	$1,548,282
COLE TURNER	SYSTEM CFO	1.00	Officer	$0	$29,256	$1,236,235
HENRY CLAY MD	TRUSTEE	50.00	Director	$398,462	$36,815	$435,277
CHERIE TAYLOR	PRESIDENT	50.00	Officer	$228,079	$28,870	$256,949
ERIC SIEVERS	NURSE PRACTITIONER	50.00	Highest	$208,048	$27,269	$235,317
BOBBY LUCAS	NURSE PRACTITIONER	50.00	Highest	$212,148	$12,733	$224,881
RYNDEE HAMILTON	PHARMACY DIRECTOR	50.00	Highest	$195,448	$22,492	$217,940
MOLLY ASPER	NURSE PRACTITIONER	50.00	Highest	$184,916	$27,848	$212,764
CHAD SIEVERS	PHYSICIAN ASSISTANT	50.00	Highest	$168,841	$25,603	$194,444
TREASURE BERKRAM	CFO	50.00	Officer	$0	$14,376	$139,170
RICK BILLMAN	CHAIR	0.50	Officer Director	$0	$0	$0
GAIL DAVIS	VICE CHAIR	0.50	Officer Director	$0	$0	$0
RICHARD GANNON	TRUSTEE	0.25	Director	$0	$0	$0
MARK HAEMIG DDS	TRUSTEE	0.25	Director	$0	$0	$0
JOYCE LEWIS	TRUSTEE	0.25	Director	$0	$0	$0
STEVE LOWERY	TRUSTEE	0.25	Director	$0	$0	$0
LINDA LUTHER	TRUSTEE	0.50	Director	$0	$0	$0
LON PETERSON	TRUSTEE	0.25	Director	$0	$0	$0
BRIAN SUTTLE	TRUSTEE	0.25	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	No data	No data	No data	No data
2023	$9,420,428	$9,284,268	$11,576,728	$136,160
2023	$12,776,576	$11,794,029	$10,392,490	$982,547
2022	$5,690,436	$5,762,824	$8,230,533	$-72,388
2021	$11,501,169	$9,321,169	$11,204,220	$2,180,000
2020	$10,545,230	$8,538,504	$8,840,704	$2,006,726
2019	$9,295,929	$8,971,025	$3,751,049	$324,904
2018	$8,811,967	$9,684,841	$3,508,410	$-872,874
2018	$8,811,967	$9,684,841	$3,508,410	$-872,874

LOGAN HEALTH - CUT BANK