MAXIS HEALTH SYSTEM (EIN 911940902) - 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

1998

Legal Domicile

Principal Officer

MICHAEL SLUBOWSKI

Phone

7343431000

Tax Period

2024-07-01 to 2025-06-30

MAXIS HEALTH SYSTEM, founded in 1998, is a micro nonprofit in the Health Care sector that reported $150K in total revenue in fiscal year 2024. Revenue fell 104% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HEALTH CARE SYSTEM MANAGEMENT AND SUPPORT

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-149,943

Other Revenue $0

TOTAL REVENUE $-149,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $746,498

Other Expenses $7,354,196

TOTAL EXPENSES $7,354,196

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-149,943	$3,697,970	-1.0%
Expenses	$7,354,196	$6,867,244	+0.1%
Net Income	$-7,504,139	$-3,169,274	+1.4%

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

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

$13,844,697

Total Directors

$8,038,977

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SLUBOWSKI	DIRECTOR; PRESIDENT & CEO	1.00	Officer Director	$0	$49,231	$7,298,977
BENJAMIN CARTER	FORMER OFFICER; TRINITY HLTH EVP,COO	0.00		$0	$52,582	$3,488,982
DANIEL ISACKSEN JR	TREASURER; EVP, CFO	1.00	Officer	$0	$448,380	$2,827,147
LINDA ROSS	SECRETARY; EVP, CHIEF LEGAL OFFICER	1.00	Officer	$0	$48,692	$2,013,680
JOSHUA MOORE	ASST SEC;SVP, DEPUTY GENERAL COUNSEL	1.00	Officer	$0	$170,186	$886,910
KIMBERLY MCCARTHY	ASST TREAS; VP FIN REP/CAO THR 6/25	1.00	Officer	$0	$53,787	$612,983
ANTOINETTE PRATT	FORMER OFFICER	0.00		$0	$23,849	$598,868
BARRETT HATCHES PHD	DIRECTOR; CHAIR	1.00	Officer Director	$0	$0	$115,000
DAVID SOUTHWELL	DIRECTOR & VICE CHAIR THROUGH 12/24	1.00	Officer Director	$0	$0	$90,000
RITA BROGLEY	DIRECTOR	1.00	Director	$0	$0	$90,000
KEVIN BARNETT DRPH	DIRECTOR THROUGH 12/24	1.00	Director	$0	$0	$80,000
CARRIE RICH	DIRECTOR	1.00	Director	$0	$0	$80,000
MICHAEL CROWLEY CPA	DIRECTOR	1.00	Director	$0	$0	$60,000
ALICE LIN FABIANO	DIRECTOR	1.00	Director	$0	$0	$60,000
COURTNEY LANG JD	DIRECTOR	1.00	Director	$0	$0	$60,000
PAUL TAHERI MD	DIRECTOR	1.00	Director	$0	$0	$60,000
DEBORAH HAYES RN MSN	DIRECTOR	1.00	Director	$0	$0	$45,000
DONNA DOLEMAN DICKERSON	DIRECTOR AS OF 1/25	1.00	Director	$0	$0	$0
LINDA FALQUETTE RSM	DIRECTOR	1.00	Director	$0	$0	$0
MARY FANNING RSM PHD	DIRECTOR	1.00	Director	$0	$0	$0
JOAN MARIE STEADMAN CSC	DIRECTOR; VICE CHAIR AS OF 1/25	1.00	Officer Director	$0	$0	$0
RICHARD VATH MD	DIRECTOR AS OF 1/25	1.00	Director	$0	$0	$0
VERONIQUE WIEDOWER CSC	DIRECTOR	1.00	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	$-149,943	$7,354,196	$22,165,949	$-7,504,139
2024	$3,697,970	$6,867,244	$24,249,425	$-3,169,274
2023	$53,832	$3,505,289	$22,928,462	$-3,451,457
2022	$-717,399	$1,456,105	$7,151,638	$-2,173,504
2021	$-2,070,953	$966,224	$7,654,161	$-3,037,177
2020	$-357,973	$5,479,638	$11,415,833	$-5,837,611
2019	No data	No data	No data	No data
2018	$2,293	$2,361,485	$5,195,369	$-2,359,192

MAXIS HEALTH SYSTEM