Chambers Center For Well-Being LLC (EIN 832620066) - 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

Michael Walter

Phone

9734512005

Tax Period

2023-01-01 to 2023-12-31

Chambers Center For Well-Being LLC, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $2.9M exceeded revenue, resulting in a 98% operating deficit.

Mission

To promote health and wellbeing for the benefit of the surrounding community.

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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 $1,458,526

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,458,526

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,710,858

Fundraising Expenses $3,463

Program Expenses $2,394,142

Other Expenses $1,175,389

TOTAL EXPENSES $2,886,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,458,526	$902,752	+0.6%
Expenses	$2,886,247	$2,221,052	+0.3%
Net Income	$-1,427,721	$-1,318,300	+0.1%

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

$20,786,109

Total Directors

$12,515,879

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Gragnolati	President & CEO	2.00	Officer Director	$0	$1,137,448	$9,510,516
Nichell Sumpter	EVP-Chief Administrative O	2.00	Officer Director	$0	$243,678	$1,813,884
Julia Walker	VP-Corp Legal Services	2.00	Officer Director	$0	$59,992	$541,679
Christopher Zipp DO	Trustee	2.00	Officer Director	$0	$41,303	$649,800
Michael Walter	SVP-Chief Financial Office	2.00	Officer	$0	$137,577	$1,108,761
Kevin Lenahan	EVP-Chief Business & Strat	2.00	Officer	$0	$406,954	$7,161,469

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	$1,458,526	$2,886,247	No data	$-1,427,721
2022	$902,752	$2,221,052	No data	$-1,318,300
2021	$713,235	$2,066,601	No data	$-1,353,366
2020	$300,815	$1,648,320	No data	$-1,347,505

Chambers Center For Well-Being LLC