Association Healthcare Consortium Inc (EIN 821170686) - 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

2017

Legal Domicile

Principal Officer

Matthew E Vance

Phone

5025822453

Tax Period

2023-01-01 to 2023-12-31

Association Healthcare Consortium Inc, founded in 2017, is a mid-sized nonprofit in the Mutual Benefit sector that reported $25.1M in total revenue in fiscal year 2023. Expenses of $23.0M left a modest 9% surplus.

Mission

Provide healthcare benefits to eligible employees and their eligible spouses/dependents.

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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 $0

Program Service Revenue $24,677,901

Investment Income $458,016

Other Revenue $0

TOTAL REVENUE $25,135,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,951,038

Other Expenses $119,903

TOTAL EXPENSES $22,951,038

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,135,917	$23,556,084	+0.1%
Expenses	$22,951,038	$19,904,919	+0.2%
Net Income	$2,184,879	$3,651,165	-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

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
W Fred Brashear	Board of Trustees Chariman	0.05	Officer Director	$0	$0	$0
Neil S Bryan	Board of Trustees Vice Cha	0.05	Officer Director	$0	$0	$0
Ballard W Cassady Jr	Board of Trustees Treasure	0.05	Officer Director	$0	$0	$0
Timothy E Barnes	Board of Trustees Member	0.05	Director	$0	$0	$0
Melissa Knight	Board of Trustees Member	0.05	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	$25,135,917	$22,951,038	$19,751,062	$2,184,879
2022	$23,556,084	$19,904,919	$16,877,811	$3,651,165
2021	$28,955,567	$24,835,016	$14,764,918	$4,120,551
2020	$28,019,040	$24,525,314	$10,728,152	$3,493,726
2019	$29,818,868	$29,162,420	$7,327,705	$656,448
2018	$29,686,137	$29,947,946	$5,385,127	$-261,809

Association Healthcare Consortium Inc