TRINITY FAMILY HEALTH INC

EIN: 881999697 501(c)(3) Health Care

CORBIN, KY

Total Revenue
$4,277,169
Total Expenses
$3,373,821
Total Assets
$1,991,251
Net Assets
$885,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KY
Principal Officer
WILLIAM TURNER
Phone
6062804212
Tax Period
2024-01-01 to 2024-12-31

TRINITY FAMILY HEALTH INC, founded in 2022, is a community nonprofit in the Health Care sector that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $903K, a strong 21% operating margin.

Mission

THE MISSION OF TRINITY FAMILY HEALTH IS TO BE THE PREMIERE HEALTHCARE OPTION IN THE TRI-COUNTY AREA FOR BOTH PRIMARY AND BEHAVIORAL HEALTH SERVICES. WE STRIVE TO OFFER THE BEST COMMUNITY RESOURCES WHILE ALSO PROMOTING SPIRITUAL WELLBEING.

Program Service Accomplishments

Program 1
Expenses: $2,530,367 Revenue: $4,189,378

DURING THE TAX YEAR, TRINITY FAMILY HEALTH, A FEDERALLY QUALIFIED HEALTH CENTER LOOK-ALIKE (FQHC LAL), CONTINUED ITS MISSION TO BE THE PREMIER HEALTHCARE OPTION IN THE TRI-COUNTY AREA BY PROVIDING...

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DURING THE TAX YEAR, TRINITY FAMILY HEALTH, A FEDERALLY QUALIFIED HEALTH CENTER LOOK-ALIKE (FQHC LAL), CONTINUED ITS MISSION TO BE THE PREMIER HEALTHCARE OPTION IN THE TRI-COUNTY AREA BY PROVIDING COMPREHENSIVE PRIMARY AND BEHAVIORAL HEALTH SERVICES TO INDIVIDUALS AND FAMILIES REGARDLESS OF THEIR ABILITY TO PAY. THE ORGANIZATION FOCUSED ON PROMOTING INDIVIDUAL AND COMMUNITY HEALTH, ENHANCING PREVENTION, REDUCING RISK, AND TREATING THOSE IN NEED WITH RESPECT, COMPASSION, AND SPIRITUAL SUPPORT.OUR CLINICAL TEAM PROVIDED HIGH-QUALITY, PATIENT-CENTERED CARE THROUGH 7,317 PRIMARY CARE VISITS AND 4,746 BEHAVIORAL HEALTH ENCOUNTERS. SERVICES INCLUDED PREVENTIVE HEALTH SCREENINGS, CHRONIC DISEASE MANAGEMENT, BEHAVIORAL HEALTH COUNSELING, MEDICATION MANAGEMENT, AND REFERRALS TO COMMUNITY RESOURCES ADDRESSING SOCIAL DETERMINANTS OF HEALTH.IN ALIGNMENT WITH OUR MISSION, WE EXPANDED OUTREACH AND CARE COORDINATION EFFORTS, INCLUDING IMPLEMENTING TELEHEALTH SERVICES TO INCREASE ACCESS FOR PATIENTS IN RURAL AREAS, SIGNIFICANTLY EXPANDING OUR BEHAVIORAL HEALTH SERVICES AND PROGRAM OFFERINGS TO MEET GROWING COMMUNITY NEEDS, COLLABORATING WITH LOCAL FOOD BANKS, HOUSING ASSISTANCE PROGRAMS, AND AODE HOUSES TO ADDRESS SOCIAL DETERMINANTS OF HEALTH AND SUPPORT RECOVERY EFFORTS, AND HOSTING COMMUNITY WELLNESS AND VACCINATION EVENTS FOCUSED ON PREVENTION AND EARLY INTERVENTION.THESE INITIATIVES STRENGTHENED OUR ABILITY TO ADDRESS THE WHOLE-PERSON NEEDS OF OUR PATIENTSPHYSICAL, EMOTIONAL, AND SPIRITUALWHILE IMPROVING ACCESS TO CARE AND HEALTH OUTCOMES ACROSS THE TRI-COUNTY REGION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $87,791
Program Service Revenue $4,167,426
Investment Income $0
Other Revenue $21,952
TOTAL REVENUE $4,277,169

Expense Breakdown

Grants Paid $0
Salaries & Benefits $958,222
Fundraising Expenses $0
Program Expenses $2,530,367
Other Expenses $2,415,599
TOTAL EXPENSES $3,373,821

Year-over-Year Comparison

2024 2023 Change
Revenue $4,277,169 $1,864,539 +1.3%
Expenses $3,373,821 $1,726,447 +1.0%
Net Income $903,348 $138,092 +5.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
36
Volunteers
11

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
7
$123,648
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH MARTIN CHAIR 5.00
Officer Director
$0 $0 $0
MARIANNE ARTHUR VICE CHAIR 3.00
Officer Director
$0 $0 $0
BEVERLY DODD TREASURER 3.00
Officer Director
$0 $0 $0
JONATHAN NORTH SECRETARY 3.00
Officer Director
$0 $0 $0
DEBRA AKERS BOARD MEMBER 11.00
Director
$0 $0 $0
DANA GODFREY BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL SEARS BOARD MEMBER 1.00
Director
$0 $0 $0
ERICKA SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
PATTI SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
BRANDY SWAFFORD BOARD MEMBER 1.00
Director
$0 $0 $0
WENDELL LEWIS BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA DAY CEO/CMO 40.00
Officer
$82,539 $0 $82,539
DYLAN DAY CFO 40.00
Officer
$34,186 $0 $34,186
SHERRY BLAYLOCK COO 40.00
Officer
$6,923 $0 $6,923
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 $4,277,169 $3,373,821 $1,991,251 $903,348
2023 $1,864,539 $1,726,447 $898,273 $138,092
2022 $417,416 $524,246 $16,855 $-106,830
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