ATRIUM HEALTH EMPLOYEE ASSISTANCE INC (EIN 850548753) - 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

2020

Legal Domicile

Principal Officer

JOE FORQUER

Phone

7046310487

Tax Period

2023-01-01 to 2023-12-31

ATRIUM HEALTH EMPLOYEE ASSISTANCE INC, founded in 2020, is a small nonprofit in the Public Safety sector that reported $678K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 49% operating deficit.

Mission

TO ELEVATE HOPE - FOR ALL ATRIUM HEALTH TEAMMATE HEROES - BY PROVIDING EMERGENCY FINANCIAL ASSISTANCE TO TEAMMATES FOR QUALIFYING NEEDS

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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 $631,959

Program Service Revenue $0

Investment Income $46,045

Other Revenue $0

TOTAL REVENUE $678,004

Expense Breakdown

Grants Paid $977,628

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,011,638

Other Expenses $34,010

TOTAL EXPENSES $1,011,638

Year-over-Year Comparison

	2023	2022	Change
Revenue	$678,004	$831,503	-0.2%
Expenses	$1,011,638	$665,460	+0.5%
Net Income	$-333,634	$166,043	-3.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$1,164,120

Total Directors

$1,122,318

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUCY DEAN	CHAIR & PRES (TO 5/31/23)	5.00	Officer Director	$0	$22,055	$348,974
LUTETIA BAILEY	DIRECTOR	2.50	Director	$0	$0	$0
WENDY RUTH PAXTON	DIRECTOR, SECRETARY	2.00	Officer Director	$0	$33,017	$165,621
BILL MERRITT	DIRECTOR (TO 1/31/23)	4.00	Director	$0	$0	$0
JOE FORQUER	CHAIR & PRESIDENT (FR 6/1/23)	2.00	Officer Director	$0	$28,156	$208,553
FRANK MCCREE	DIRECTOR (FR 1/1/23)	2.00	Director	$0	$41,334	$305,305
ALINA MOCAN	DIRECTOR, ASST TREASURER (FR 1/16/23)	2.00	Officer Director	$0	$30,392	$93,865
ELECTA MCPHERSON	TREASURER	4.00	Officer	$0	$55,887	$347,107

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	$678,004	$1,011,638	$2,876,786	$-333,634
2022	$831,503	$665,460	$3,210,420	$166,043
2021	$904,916	$341,032	$3,961,755	$563,884
2020	$2,968,641	$488,149	$2,480,492	$2,480,492

ATRIUM HEALTH EMPLOYEE ASSISTANCE INC