ALTARUM MEDICARE-MEDICAID SERVICES FOR STATES (EIN 881423017) - 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

2022

Legal Domicile

Principal Officer

DENISE STURM

Phone

7343024600

Tax Period

2023-01-01 to 2023-12-31

ALTARUM MEDICARE-MEDICAID SERVICES FOR STATES, founded in 2022, is a small nonprofit in the Health Care sector that reported $716K in total revenue in fiscal year 2023.

Mission

HELP STATES CREATE FINANCIALLY SUSTAINABLE SOLUTIONS TO ADVANCE HEALTH, HEALTH EQUITY, WELLNESS, AND INDEPENDENT LIVING FOR DUALLY ELIGIBLE INDIVIDUALS.

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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 $607,597

Program Service Revenue $108,185

Investment Income $0

Other Revenue $0

TOTAL REVENUE $715,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $415,226

Fundraising Expenses $202,308

Program Expenses $53,304

Other Expenses $299,211

TOTAL EXPENSES $714,437

Year-over-Year Comparison

	2023	2022	Change
Revenue	$715,782	N/A	N/A
Expenses	$714,437	$128,150	+4.6%
Net Income	$1,345	$-128,150	-1.0%

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

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

$1,856,094

Total Directors

$2,407,346

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MONSON	PRESIDENT & CEO	1.00	Officer Director	$0	$33,975	$856,657
DENISE STURM	TREASURER	1.00	Officer Director	$0	$18,040	$457,567
TRACY LAWYER	SECRETARY	1.00	Officer Director	$0	$29,846	$267,143
LAURA SANKEY	DIRECTOR	1.00	Director	$0	$29,527	$364,806
MALESA LITTERAL	DIRECTOR	1.00	Director	$0	$32,545	$461,173
SARAH BARTH	VICE PRESIDENT & EXECUTIVE DIRECTOR	40.00	Officer	$242,217	$32,510	$274,727

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	$715,782	$714,437	$625,232	$1,345

ALTARUM MEDICARE-MEDICAID SERVICES FOR STATES