Piedmont Walton Hospital Inc (EIN 824194264) - 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

2018

Legal Domicile

Principal Officer

MR BLAKE WATTS

Phone

7702678461

Tax Period

2022-07-01 to 2023-06-30

Piedmont Walton Hospital Inc, founded in 2018, is a major nonprofit in the Health Care sector that reported $145.8M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $40.7M, a strong 28% operating margin.

Mission

TO PROVIDE COMPASSIONATE AND SUSTAINABLE HEALTHCARE IN A PROGRESSIVE 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $144,906,868

Investment Income $426,530

Other Revenue $439,836

TOTAL REVENUE $145,773,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $45,297,219

Fundraising Expenses $0

Program Expenses $89,560,695

Other Expenses $59,815,787

TOTAL EXPENSES $105,113,006

Year-over-Year Comparison

	2022	2021	Change
Revenue	$145,773,234	$133,052,184	+0.1%
Expenses	$105,113,006	$92,080,257	+0.1%
Net Income	$40,660,228	$40,971,927	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

Employees

666

Volunteers

150

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

$3,870,467

Total Directors

$2,586,318

Key Employees

$385,446

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ms Elizabeth Leddy	SECRETARY/CLO PHC	1.0	Officer	$0	$138,711	$1,528,196
Mr Thomas Arnold	TREASURER/CFO PHC	1.0	Officer	$0	$130,741	$1,304,185
Mr J Michael Burnett	Board Member	1.0	Director	$0	$128,961	$1,176,264
Ms Vicki A Cansler	Board Member	1.0	Director	$0	$94,102	$873,278
Mr Larry Ebert	CEO & Board Member	55.0	Officer Director	$448,205	$84,671	$532,876
MR BLAKE WATTS	CEO (AS OF 3/23)	55.0	Officer	$0	$81,470	$505,210
Mr Marvin Wynn	CFO	25.0	Key Emp	$0	$39,776	$385,446
Ms Rose Dennis	exec. Dir. - patient svcs	40.0	Highest	$203,613	$27,511	$231,124
Mr Michael Wynne	DIRECTOR - PHARMACY	40.0	Highest	$195,275	$25,716	$220,991
MR PATRICK DESLATE	REGISTERED NURSE	40.0	Highest	$167,250	$30,603	$197,853
MS STACEY HOBBS	REGISTERED NURSE	40.0	Highest	$173,254	$21,023	$194,277
Mr Jeffrey Braswell	dir. - emergency svcs	40.0	Highest	$166,078	$9,823	$175,901
Mr Michael McAnder	FORMER TREASURER/CFO PHC	0.0		$0	$0	$150,106
Dr Steven Durocher	Board Member	1.0	Director	$0	$0	$3,900
Mr Dan Curry	Board Member/VICE CHAIR	1.0	Director	$0	$0	$0
Mr Patrick Dally	Board Member	1.0	Director	$0	$0	$0
Mr Coleman Landers	BOARD MEMBER/Chair	1.0	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$145,773,234	$105,113,006	$70,066,017	$40,660,228
2022	$133,052,184	$92,080,257	$79,034,605	$40,971,927
2021	$113,861,474	$82,532,574	$55,011,766	$31,328,900
2020	$71,826,183	$74,072,768	$51,912,402	$-2,246,585
2019	$58,292,551	$71,660,865	$49,671,640	$-13,368,314
2018	$17,625,944	$17,288,377	$51,692,892	$337,567

Piedmont Walton Hospital Inc