RISANT HEALTH INC (EIN 923467590) - 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

2023

Legal Domicile

Principal Officer

JAEWON RYU MD

Phone

5102716611

Tax Period

2023-03-23 to 2023-12-31

RISANT HEALTH INC, founded in 2023, is a micro nonprofit in the Health Care sector that reported $6K in total revenue in fiscal year 2023. Expenses of $75.9M exceeded revenue, resulting in a 1318358% operating deficit.

Mission

ORGANIZATION'S MISSION To expand and accelerate the adoption of value-based care in diverse, multi-payer, multi-provider, community-based health system environments.

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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 $0

Program Service Revenue $0

Investment Income $5,753

Other Revenue $0

TOTAL REVENUE $5,753

Expense Breakdown

Grants Paid $0

Salaries & Benefits $616,774

Fundraising Expenses $0

Program Expenses $75,850,867

Other Expenses $75,234,093

TOTAL EXPENSES $75,850,867

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,753	N/A	N/A
Expenses	$75,850,867	N/A	N/A
Net Income	$-75,845,114	$0	N/A

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

$17,340,620

Total Directors

$13,546,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregory Adams	Chairman & CEO	0.1	Officer Director	$0	$154,060	$12,721,446
Vanessa Benavides	SVP,Chief Legal Officer & Secy	0.1	Officer	$0	$308,115	$2,100,570
Thomas Meier	SVP, Corporate Treasurer	0.1	Officer	$0	$121,348	$1,842,456
Hong-Sze Yu	VP, Brd & Corp Gov & Asst Secy	0.1	Officer	$0	$167,556	$676,148
Judith A Johansen JD	Director	0.1	Director	$0	$6,534	$297,334
Jeffrey E Epstein	Director	0.5	Director	$0	$13,187	$279,102
A Eugene Washington MD	Director	0.1	Director	$0	$4,278	$248,278

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	$5,753	$75,850,867	$350,005,753	$-75,845,114

RISANT HEALTH INC