BEAUMONT MEDICAL GROUP - HOSPITAL-BASED SERVICES (EIN 822768899) - 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

PAOLO MARCIANO

Phone

6163912022

Tax Period

2021-01-01 to 2021-12-31

BEAUMONT MEDICAL GROUP - HOSPITAL-BASED SERVICES, founded in 2017, is a mid-sized nonprofit in the Health Care sector that reported $82.1M in total revenue in fiscal year 2021. Expenses of $132.3M exceeded revenue, resulting in a 61% operating deficit.

Mission

TO MEET THE COMMUNITY'S NEED FOR MEDICAL CARE IN THE HOSPITAL SETTING IN A VARIETY OF SPECIALTIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $314,321

Program Service Revenue $81,824,076

Investment Income $0

Other Revenue $0

TOTAL REVENUE $82,138,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,318,266

Other Expenses $132,318,266

TOTAL EXPENSES $132,318,266

Year-over-Year Comparison

	2021	2020	Change
Revenue	$82,138,397	$78,384,536	+0.0%
Expenses	$132,318,266	$127,400,303	+0.0%
Net Income	$-50,179,869	$-49,015,767	+0.0%

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

N/A

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

$14,131,462

Total Directors

$15,158,473

Key Employees

$1,586,551

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN WILSON	SECRETARY (END 10/21)	1.00	Officer Director	$0	$485,613	$6,551,084
DAVID WOOD MD	PRESIDENT (END 10/21)	1.00	Officer Director	$0	$397,959	$4,866,624
DAVID CLAEYS	SECRETARY (EFF 10/21)	2.00	Officer Director	$0	$363,380	$1,153,975
JAMES LYNCH	DIRECTOR	2.00	Director	$0	$304,940	$1,027,011
DIANE ROTH	TREASURER (EFF 10/21)	1.00	Officer Director	$0	$203,481	$728,339
JOHN KERNDL	TREASURER (END 10/21)	1.00	Officer Director	$0	$25,364	$564,168
PAOLO MARCIANO MD	PRESIDENT (EFF 10/21)	2.00	Officer Director	$0	$10,415	$267,272
DANIEL FRATTARELLI MD	PRESIDENT, BMG	20.00	Key Emp	$0	$217,985	$911,835
JONATHAN MANER	SVP BH PHYS., EXEC. DIR. - BMG	20.00	Key Emp	$0	$177,745	$674,716

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
2021	$82,138,397	$132,318,266	No data	$-50,179,869
2020	$78,384,536	$127,400,303	No data	$-49,015,767
2019	$74,129,377	$126,406,191	No data	$-52,276,814

BEAUMONT MEDICAL GROUP - HOSPITAL-BASED SERVICES