Renown Medical School Associates North Inc (EIN 860881749) - 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

1997

Legal Domicile

Principal Officer

Brian Erling

Phone

7759826488

Tax Period

2023-01-01 to 2023-12-31

Renown Medical School Associates North Inc, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $11.5M in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum. Expenses of $16.1M exceeded revenue, resulting in a 41% operating deficit.

Mission

To provide patient care services, medical education, and scientific 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 $114,278

Program Service Revenue $11,346,252

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,460,530

Expense Breakdown

Grants Paid $367,460

Salaries & Benefits $3,145,362

Fundraising Expenses $0

Program Expenses $13,519,538

Other Expenses $12,603,628

TOTAL EXPENSES $16,116,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,460,530	$5,186,659	+1.2%
Expenses	$16,116,450	$7,683,986	+1.1%
Net Income	$-4,655,920	$-2,497,327	+0.9%

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

$3,798,845

Total Directors

$2,865,255

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Erling	President/CEO	2.00	Officer Director	$0	$215,714	$1,503,804
Ann Beck	Chief Financial Officer	1.00	Officer	$0	$110,675	$933,590
Josiah Johnson	Former Officer	0.00		$0	$18,368	$786,427
Bethany Sexton	President and Chair/CEO	3.00	Officer Director	$0	$93,628	$771,934
Thomas Graf	Former Officer	0.00		$0	$11,028	$604,805
Sean Hawthorne	Former Officer	0.00		$0	$30,797	$436,803
Rebekah Winter	Treasurer	3.00	Officer Director	$0	$15,531	$301,115
Jamie Winter	Secretary	3.00	Officer Director	$0	$30,093	$288,402

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	$11,460,530	$16,116,450	$29,027,259	$-4,655,920
2022	$11,905,067	$17,167,494	$15,751,284	$-5,262,427
2022	$5,186,659	$7,683,986	$22,071,068	$-2,497,327
2021	$16,309,444	$16,954,918	$4,763,933	$-645,474
2020	$13,687,046	$14,959,373	$7,012,878	$-1,272,327
2019	$15,500,622	$13,086,315	$6,369,099	$2,414,307
2018	$15,750,667	$9,585,648	$3,850,618	$6,165,019

Renown Medical School Associates North Inc