Banner Health Insurance Group Inc (EIN 843248878) - 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

Phone

6027474000

Tax Period

2024-01-01 to 2024-12-31

Banner Health Insurance Group Inc, founded in 2019, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 40% operating deficit.

Mission

OPERATED TO PROMOTE SOCIAL WELFARE, BANNER HEALTH INSURANCE GROUP WILL FURTHER BANNER HEALTH'S MISSION OF MAKING HEALTH CARE EASIER SO LIFE CAN BE BETTER BY PROVIDING INTEGRATED & COORDINATED CARE & POPULATION HEALTH MANAGEMENT.

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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 $3,097,019

Investment Income $30,537

Other Revenue $0

TOTAL REVENUE $3,127,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $464,298

Fundraising Expenses $0

Program Expenses $2,458,009

Other Expenses $3,921,908

TOTAL EXPENSES $4,386,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,127,556	$6,905,133	-0.5%
Expenses	$4,386,206	$9,365,715	-0.5%
Net Income	$-1,258,650	$-2,460,582	-0.5%

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

$5,757,053

Total Directors

$12,215,423

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES LEHN	DIRECTOR/TREASURER	2.0	Officer Director	$0	$478,788	$1,691,122
JAMES STRINGHAM	Director/President	5.0	Officer Director	$0	$188,119	$1,144,537
MARJORIE BESSEL MD	DIRECTOR/SECRETARY	2.0	Officer Director	$0	$1,022,997	$2,921,394
DONALD NORDLUND	DIRECTOR	2.0	Director	$0	$1,107,767	$3,173,659
DONNA SICKLER	DIRECTOR	2.0	Director	$0	$174,371	$1,059,632
JOSEPH GREGORY MD	DIRECTOR	2.0	Director	$0	$62,006	$690,576
MICHAEL KUPFERMAN	DIRECTOR (THRU 10/24)	2.0	Director	$0	$115,295	$1,534,503

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	$3,127,556	$4,386,206	$16,670,956	$-1,258,650
2023	$6,905,133	$9,365,715	$13,639,410	$-2,460,582
2022	$5,618,281	$11,752,032	$9,498,662	$-6,133,751
2021	$668,686	$4,206,999	$5,628,351	$-3,538,313

Banner Health Insurance Group Inc