HENRY COUNTY HEALTH CENTER INC (EIN 862701018) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

TERESA COLGAN

Phone

3193853141

Tax Period

2023-07-01 to 2024-06-30

HENRY COUNTY HEALTH CENTER INC, founded in 2021, is a mid-sized nonprofit in the Health Care sector that reported $65.5M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.6M, a strong 19% operating margin.

Mission

HENRY COUNTY HEALTH CENTER IS COMMITTED TO ENHANCING THE HEALTH OF INDIVIDUALS AND OUR COMMUNITIES THROUGH HIGH QUALITY, EFFECTIVE AND EFFICIENT SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,081,950

Program Service Revenue $56,954,594

Investment Income $36,993

Other Revenue $383,298

TOTAL REVENUE $65,456,835

Expense Breakdown

Grants Paid $144,358

Salaries & Benefits $18,465,779

Fundraising Expenses $0

Program Expenses $37,488,959

Other Expenses $34,198,583

TOTAL EXPENSES $52,808,720

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,456,835	$39,667,258	+0.7%
Expenses	$52,808,720	$40,488,792	+0.3%
Net Income	$12,648,115	$-821,534	-16.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,653,519

Total Directors

$880,902

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT WENZEL	FORMER DIRECTOR	0.50		$0	$11,287	$1,380,867
DR MICHAEL MCCOY	DIRECTOR	0.50	Officer Director	$0	$51,041	$880,902
TERESA COLGAN	CEO	40.00	Officer	$0	$47,551	$541,998
DAVID MUHS	CFO	40.00	Officer	$177,504	$53,115	$230,619
DAVID FILE	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
WHITNEY ROGERS	VICE CHAIRMAN & DIRECTOR	0.50	Officer Director	$0	$0	$0
SARA BETH SCHURR	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
CHAD HUDSON	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER MOUTRIE	DIRECTOR	0.50	Director	$0	$0	$0
DR JOE TANSEY	DIRECTOR	0.50	Director	$0	$0	$0

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
2025	No data	No data	No data	No data
2024	$65,456,835	$52,808,720	$45,143,076	$12,648,115
2023	$39,667,258	$40,488,792	$30,966,020	$-821,534
2022	$42,760,996	$39,304,401	$8,730,020	$3,456,595

HENRY COUNTY HEALTH CENTER INC