Lake Wales, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AdventHealth Polk South Inc, founded in 2019, is a mid-sized nonprofit that reported $97.0M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $91.1M left a modest 6% surplus.
Adventist Health System Sunbelt Healthcare Corporation and all its subsidiary organizations were established by the Seventh-Day Adventist Church to bring a ministry of healing and health to the communities served. Our mission is to extend the healing ministry of Christ.The hospital and healthcare system whose parent is Adventist Health System Sunbelt Healthcare Corporation is known as AdventHealth. AdventHealth seeks to be widely respected as a consumer-focused organization that engages individuals in their health by delivering wholistic, best practice care across a connected, comprehensive continuum of services. With Christ as our example, AdventHealth cares for and nurtures people: our employees, our communities, our healthcare professionals, and those who trust us for care and healing.
Operation of a 118-bed acute care hospital located in Polk County, FL. During the current year there were 3,640 patient admissions, 15,899 patient days, and 50,105 outpatient visits.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $97,006,421 | $78,691,421 | +0.2% |
| Expenses | $91,073,165 | $85,606,774 | +0.1% |
| Net Income | $5,933,256 | $-6,915,353 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Adams Brian | Former | 0.00 |
|
$0 | $183,603 | $1,409,460 |
| WanderslebenJennifer | Director/Chair/President | 3.25 |
Director
|
$0 | $161,468 | $1,381,811 |
| HilliardDoug | Director | 0.20 |
Director
|
$0 | $131,368 | $1,098,912 |
| HarcombeDoug | Director | 0.20 |
Director
|
$0 | $128,222 | $936,804 |
| DunkelJason | Director | 0.30 |
Director
|
$0 | $91,439 | $721,829 |
| HeinrichWilliam | Former | 0.00 |
|
$0 | $94,418 | $697,978 |
| ClarkTimothy | CEO - Polk Mkt | 25.00 |
Officer
Director
|
$0 | $114,781 | $662,923 |
| HagensickerJanice | Director (End 07/23) | 0.20 |
Director
|
$0 | $27,317 | $617,851 |
| Fernandez DuarteJose | CMO - Polk Mkt | 25.00 |
Key Emp
|
$0 | $86,636 | $504,451 |
| BrownRoyce | CEO | 50.00 |
Officer
|
$0 | $91,929 | $419,552 |
| HengesbachJustin | CFO - Polk Mkt | 25.00 |
Officer
|
$0 | $45,612 | $353,824 |
| DahlImelda | COO/CNO (End 12/23) | 50.00 |
Key Emp
|
$0 | $43,877 | $293,251 |
| NelsonJames | Director | 0.20 |
Director
|
$0 | $614 | $614 |
| GordonAnthony | Director (End 12/23) | 0.20 |
Director
|
$0 | $614 | $614 |
| GuthJim | Director | 0.20 |
Director
|
$0 | $614 | $614 |
| LittletonGreg | Director | 0.20 |
Director
|
$0 | $614 | $614 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $97,006,421 | $91,073,165 | $55,097,777 | $5,933,256 |
| 2019 | $19,862,348 | $23,385,283 | $53,830,548 | $-3,522,935 |
Compare AdventHealth Polk South Inc with other nonprofits in Florida and across the country.