TARZANA MEDICAL CENTER LLC (EIN 833972614) - 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

2019

Legal Domicile

Principal Officer

NICHOLAS LYMBEROPOULOS

Phone

3105519356

Tax Period

2023-01-01 to 2023-12-31

TARZANA MEDICAL CENTER LLC, founded in 2019, is a major nonprofit in the Health Care sector that reported $352.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $403.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

THROUGH THE PARTNERSHIP OF PROVIDENCE AND CEDARS-SINAI, TARZANA MEDICAL CENTER PROMOTES HEALTH FOR THE BENEFIT OF ALL PERSONS IN THE COMMUNITY AND PROVIDES WORLD-CLASS CARE, CLOSE TO HOME, REGARDLESS OF A PATIENT'S ABILITY TO PAY.

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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 $30,221,125

Program Service Revenue $320,170,410

Investment Income $18,654

Other Revenue $1,925,187

TOTAL REVENUE $352,335,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,143,658

Other Expenses $403,744,679

TOTAL EXPENSES $403,744,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,335,376	$382,264,631	-0.1%
Expenses	$403,744,679	$422,281,864	0.0%
Net Income	$-51,409,303	$-40,017,233	+0.3%

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

N/A

Volunteers

1870

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

$1,588,580

Total Directors

$13,297,921

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK WEXLER	BOARD MEMBER	0.50	Director	$0	$461,693	$5,616,067
KEVIN MANEMANN	BOARD MEMBER - THRU 1/23	0.50	Director	$0	$13,287	$2,039,677
LAUREEN DRISCOLL RN	BOARD MEMBER (PART YEAR)	0.50	Director	$0	$275,234	$2,001,997
BRIAN LEE HELLELAND	BOARD MEMBER - THRU 9/23	0.50	Director	$0	$245,496	$1,881,980
PK KHURANA	BOARD MEMBER (PART YEAR)	0.50	Director	$0	$237,625	$1,758,200
BRYAN CROFT	BOARD MEMBER (PART YEAR)	0.50	Director	$0	$0	$0
DAVID M WRIGLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JEFF WORK MD	BOARD MEMBER	0.50	Director	$0	$0	$0
JEFFREY SMITH MD JD MMM	BOARD MEMBER - THRU 6/23	0.50	Director	$0	$0	$0
THOMAS PRISELAC	CHAIR	1.00	Director	$0	$0	$0
NICK LYMBEROPOULOS	CEO	54.50	Officer	$0	$218,457	$1,199,171
JESSICA TRIMBLE	CFO TARZANA MED CN	55.00	Officer	$0	$48,268	$389,409
HOWARD DAVIS	CHIEF MEDICAL OFFICER	50.00	Highest	$629,888	$63,972	$693,860
DEBORAH CARVER	CHIEF NURSING OFFICER	50.00	Highest	$442,160	$38,337	$480,497
GOORGEN BOGHOSSIAN	SENIOR DIRECTOR PHARMACY	50.00	Highest	$305,732	$58,404	$364,136
JEANNE SULKA	DIRECTOR BUSINESS DEVELOPMENT	50.00	Highest	$322,568	$40,169	$362,737
SHARON GROSS	SENIOR DIRECTOR OPERATIONAL PLANNING	50.00	Highest	$283,824	$56,078	$339,902
BERNIE KLEIN MD	FRMR OFF. - CE PROV HOLY CROSS MC	0.00		$0	$258,015	$1,793,800

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	$352,335,376	$403,744,679	$965,236,197	$-51,409,303
2022	$382,264,631	$422,281,864	$701,073,259	$-40,017,233
2021	$313,325,022	$391,447,512	$577,307,524	$-78,122,490
2020	$287,722,110	$346,701,740	$471,699,647	$-58,979,630

TARZANA MEDICAL CENTER LLC