HENRY FORD MEDICAL GROUP GENESYS

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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

ROBIN DAMSCHRODER

Phone

3138768714

Tax Period

2024-07-01 to 2025-06-30

HENRY FORD MEDICAL GROUP GENESYS, founded in 2018, is a mid-sized nonprofit in the Health Care sector that reported $40.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

AS ONE OF THE NATION'S LEADING INTEGRATED HEALTH SYSTEMS, IT IS THE MISSION OF HENRY FORD HEALTH SYSTEM, A RELATED ENTITY OF THE FILING ORGANIZATION, TO IMPROVE PEOPLE'S LIVES THROUGH THE EXCELLENCE OF THE SCIENCE AND ART OF HEALTH CARE AND HEALING.

Program Service Accomplishments

Program 1

Expenses: $40,319,497 Revenue: $39,600,950

IN FURTHERANCE OF ITS MISSION AND IN AN EFFORT TO REDUCE THE GOVERNMENT'S FINANCIAL BURDEN, HENRY FORD MEDICAL GROUP GENESYS PROVIDES ESSENTIAL HEALTH CARE SERVICES, SUCH AS PRIMARY CARE, SPECIALTY CARE AND DIAGNOSTIC IMAGING FACILITIES THAT SERVE LOW-INCOME PATIENTS AS WELL AS COMMUNITY SERVICES.

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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 $0

Program Service Revenue $39,599,579

Investment Income $-32,480

Other Revenue $457,678

TOTAL REVENUE $40,024,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,805,153

Fundraising Expenses $0

Program Expenses $40,319,497

Other Expenses $21,344,448

TOTAL EXPENSES $42,149,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,024,777	$43,448,077	-0.1%
Expenses	$42,149,601	$47,221,715	-0.1%
Net Income	$-2,124,824	$-3,773,638	-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

134

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

$16,788,605

Total Directors

$18,942,228

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT G RINEY	PRESIDENT/CEO (START 10/2024)	2.00	Officer Director	$0	$61,705	$7,081,174
ROBIN S DAMSCHRODER	TREASURER/CFO (START 10/2024)	2.00	Officer Director	$0	$64,536	$3,410,191
CAROL L SCHMIDT	MINISTRY MARKET EXEC/PRES (END 9/24)	2.00	Officer Director	$0	$45,856	$2,826,319
MICHAEL WIEMANN MD	EX-OFFICIO/PRESIDENT (END 9/2024)	2.00	Officer Director	$0	$50,594	$906,971
STUART R VERSEMAN MD	DIRECTOR	1.00	Director	$0	$46,961	$731,821
THOMAS KLEIN	EX-OFFICIO/COO	2.00	Officer Director	$0	$34,582	$597,340
WILLIAM EDGAR MD	DIRECTOR	1.00	Director	$0	$41,073	$549,762
MARCUS EBER DEGRAW MD	DIRECTOR	1.00	Director	$0	$56,757	$546,736
ROBERT PETER CAMARA DO	CHAIR	2.00	Officer Director	$0	$48,410	$495,230
KEVIN YOUNGS MD	DIRECTOR/PHYSICIAN	49.00	Director	$431,512	$56,714	$488,226
LEONARD JOHNSON MD	DIRECTOR	1.00	Director	$0	$23,744	$394,427
STEVEN B BENDER ESQ	SECRETARY (START 10/2024)	2.00	Officer Director	$0	$5,629	$325,354
JAMILA N TAYLOR MD	DIRECTOR	1.00	Director	$0	$24,835	$295,797
DONALD R ELLIS III MD	DIRECTOR (END 9/2024)	1.00	Director	$0	$36,267	$292,880
SRIDHAR RAO	DIRECTOR (START 10/2024)	1.00	Director	$0	$0	$0
MICHAEL MCCULLOUGH	CFO, MINISTRY MARKET (END 9/2024)	2.00	Officer	$0	$46,446	$1,146,026
BILLY HUKILL II MD	PHYSICIAN	50.00	Highest	$740,489	$28,690	$769,179
JOHN COMMET MD	PHYSICIAN	50.00	Highest	$487,081	$43,731	$530,812
KRISTIN V NIKOLAKEAS MD	PHYSICIAN	50.00	Highest	$435,884	$33,283	$469,167
BHAGWAN SAYAL MD	PHYSICIAN	50.00	Highest	$403,519	$43,739	$447,258
KAVITHA BADDAM MD	PHYSICIAN	50.00	Highest	$324,285	$43,796	$368,081
JONATHAN SAMUEL NALLI FACHE	FORMER OFFICER (END 12/2022)	0.00		$0	$6,250	$949,654
DOUGLAS TODD MYERS	FORMER OFFICER (END 3/2023)	0.00		$0	$0	$383,721
KENNETH BERKOVITZ MD	FORMER OFFICER (END 6/2020)	0.00		$0	$1,869	$208,397

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	$40,024,777	$42,149,601	$20,275,406	$-2,124,824
2024	$43,448,077	$47,221,715	$49,607,747	$-3,773,638
2023	$48,067,897	$53,093,012	$48,526,598	$-5,025,115
2022	$50,112,885	$59,672,444	$48,915,038	$-9,559,559
2021	$50,467,195	$56,143,629	$56,901,611	$-5,676,434
2020	$47,575,897	$52,389,787	$53,779,695	$-4,813,890