TRINITY HEALTH CENTER INC

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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

2018

Legal Domicile

Principal Officer

PATRICK CONRAD

Phone

6628303827

Tax Period

2024-01-01 to 2024-12-31

TRINITY HEALTH CENTER INC, founded in 2018, is a small nonprofit in the Health Care sector that reported $272K in total revenue in fiscal year 2024. Expenses of $252K left a modest 7% surplus.

Mission

TO PROVIDE HIGH QUALITY, COST EFFECTIVE, COMPASSIONATE, COMPREHENSIVE HEALTH CARE IN THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $201,853 Revenue: $16,265

TRINITY HEALTH CLINIC (THC)PROVIDES AMBULATORY PATIENT CARE SERVICES TO HORN LAKE AND SURROUNDING COMMUNITIES.

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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 $256,130

Program Service Revenue $16,265

Investment Income $0

Other Revenue $0

TOTAL REVENUE $272,395

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,345

Fundraising Expenses $0

Program Expenses $201,853

Other Expenses $52,681

TOTAL EXPENSES $252,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$272,395	N/A	N/A
Expenses	$252,026	N/A	N/A
Net Income	$20,369	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK CONRAD	CHAIRMAN	0.50	Officer Director	$0	$0	$0
JOSEPH M SPARKMAN JR	TREASURER/SE	0.50	Officer Director	$0	$0	$0
DR VIVIAN LO	DIRECTOR	0.50	Officer	$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
2025	No data	No data	No data	No data
2024	$272,395	$252,026	$86,470	$20,369
2021	$145,836	$222,676	$198,659	$-76,840
2020	$407,017	$132,475	$274,875	$274,542
2020	$406,017	$205,294	$201,056	$200,723