AdventHealth West Florida Imaging Inc

EIN: 843225135 501(c)(3)

Tampa, FL

Total Revenue
$6,570,830
Total Expenses
$10,435,953
Total Assets
$5,819,574
Net Assets
$1,111,018
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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
FL
Principal Officer
Jennifer Snider
Phone
8138034030
Tax Period
2023-01-01 to 2023-12-31

AdventHealth West Florida Imaging Inc, founded in 2019, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $10.4M exceeded revenue, resulting in a 59% operating deficit.

Mission

To operate outpatient imaging services to the West Florida Community as a part of the West Florida Division of the 501(c)(3) healthcare system known as AdventHealth.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,570,434
Investment Income $396
Other Revenue $0
TOTAL REVENUE $6,570,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,734,645
Fundraising Expenses $0
Program Expenses $9,191,200
Other Expenses $5,701,308
TOTAL EXPENSES $10,435,953

Year-over-Year Comparison

2023 2022 Change
Revenue $6,570,830 $4,856,831 +0.4%
Expenses $10,435,953 $8,661,814 +0.2%
Net Income $-3,865,123 $-3,804,983 +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

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Governance

Voting Members
7
Independent Members
N/A
Employees
95
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
2
$2,714,929
Total Directors
8
$8,940,133
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OttatiDavid Director/Pres/Chairman 0.10
Officer Director
$0 $214,123 $2,195,971
BerghermBruce Secretary/Director 0.10
Director
$0 $36,935 $1,701,501
WanderslebenJennifer Director 0.10
Director
$0 $161,468 $1,381,811
DidenkoVadym Treasurer/Director 0.10
Director
$0 $152,149 $1,082,929
JohannessenJohn Director (End 03/2023) 2.50
Director
$0 $37,571 $865,323
McGuinnessRobin Director 0.10
Director
$0 $72,958 $724,095
PresswoodClay Director 2.50
Officer Director
$0 $94,552 $518,958
NewmyerJason Director (Beg 01/2023) 0.10
Director
$0 $90,784 $469,545
SchultzMicheal Former Officer 0.00
$0 $0 $228,763
Nelson Tina Imaging Manager 40.00
Highest
$133,535 $23,662 $157,197
WrightAmber C/T MRI Technologist 35.00
Highest
$101,911 $15,972 $142,286
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 $6,570,830 $10,435,953 $5,819,574 $-3,865,123
2022 $4,856,831 $8,661,814 $5,030,182 $-3,804,983
2021 $3,549,934 $5,905,365 $5,116,805 $-2,355,431
2020 $1,870,660 $3,523,591 $4,292,414 $-1,652,931
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