WAYNE PEDIATRICS INC (EIN 843395605) - 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

ERIC AYERS MD

Phone

3134489600

Tax Period

2023-10-01 to 2024-09-30

WAYNE PEDIATRICS INC, founded in 2019, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.3M exceeded revenue, resulting in a 64% operating deficit.

Mission

TO PROVIDE QUALITY PEDIATRIC CARE AND IMPROVE HEALTH OUTCOMES FOR CHILDREN AND YOUTH THROUGH GENERAL AND SUB-SPECIALTY PEDIATRIC SERVICES. TO POSITIVELY IMPACT THE FUTURE OF HEALTH CARE BY TEACHING AND TRAINING THE NEXT GENERATION OF PHYSICIANS AND HEALTH CARE PROFESSIONALS, AND CONDUCTING MEANINGFUL RESEARCH.

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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 $1,950,538

Investment Income $0

Other Revenue $38,634

TOTAL REVENUE $1,989,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,585,942

Fundraising Expenses $0

Program Expenses $3,198,969

Other Expenses $1,679,500

TOTAL EXPENSES $3,265,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,989,172	$1,589,353	+0.3%
Expenses	$3,265,442	$2,659,877	+0.2%
Net Income	$-1,276,270	$-1,070,524	+0.2%

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

Volunteers

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

$1,549,790

Total Directors

$2,793,472

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERMAN GRAY MD	PRESIDENT	20.00	Officer Director	$0	$52,442	$635,313
TEJ MATOO MD	TREASURER	4.00	Officer Director	$0	$53,314	$463,142
ERIC MCGRATH MD	SECRETARY	24.00	Officer Director	$0	$21,006	$237,881
LYNN SMITHERMAN MD	DIRECTOR	12.00	Director	$0	$58,830	$405,452
THANE PETERSON	DIRECTOR	1.00	Director	$0	$53,037	$374,440
WAEL SAKR	DIRECTOR	1.00	Director	$0	$52,974	$463,790
ELIZABETH SECORD MD	CHAIRMAN	24.00	Officer Director	$0	$20,988	$213,454

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	$1,989,172	$3,265,442	$549,816	$-1,276,270
2023	$1,589,353	$2,659,877	$1,077,910	$-1,070,524
2022	$1,169,995	$2,702,311	$1,429,140	$-1,532,316
2021	$394,820	$1,869,775	$936,475	$-1,474,955

WAYNE PEDIATRICS INC